tag:blogger.com,1999:blog-5524682876220396502.post5816350625237131346..comments2024-03-27T06:56:10.255+00:00Comments on Broad Oak Magazine: Why I've been holding cash, for years - UPDATED - AGAIN... AND AGAIN!Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5524682876220396502.post-12032039228651379992011-12-29T15:12:37.230+00:002011-12-29T15:12:37.230+00:00I share your worries, but as governments always ne...I share your worries, but as governments always need to borrow money I think even HMG dares not welch on your NS&I certificates.<br /><br />I know of a financial journalist who is starting to hoard cash, i.e. notes out of the bank.<br /><br />Other than that, how about buying more stuff of the type you already do, and storing it? Bogrolls, batteries, baked beans, rice, dried pasta etc. Medicines, bottled water. <br /><br />Beyond that, it may be a question of buying to reduce loss rather than make gains; gold could be in this category, but it's far from the only physical thing to exchange the "used bus tickets" for.<br /><br />There are also some cash ISAs that do RPI linking, if you can lock up the cash for 5 or 6 years.<br /><br />It's still the big question of (a) deflation vs (b) inflation. I think we'll have a followed by b, simply because the pain of a will be too great.Sackersonhttps://www.blogger.com/profile/17284329249862764601noreply@blogger.comtag:blogger.com,1999:blog-5524682876220396502.post-87894920143649221882011-12-28T10:04:40.843+00:002011-12-28T10:04:40.843+00:00yes but where is a person to hold cash ??
aside f...yes but where is a person to hold cash ??<br /><br />aside from NS&I ? which, it might be noted, will be the very easiest thing of all for HMG to lay hands on ...Nick Drewhttps://www.blogger.com/profile/13670594203660051701noreply@blogger.com