Roger Perry
Member
Prepare for inflation which will surely come in a few short years.
invest in building business - either your oen or others
certainly going to be interesting when this (inevitably) happens
Nice problem to have!
Buy some more store lambs!True....but it’s a problem of my own making....rightly or wrongly.
Help your kids on to the property ladder, if they are going to uni buy a student flat , renting out spare room will help with mortgage ,
There will be huge effort needed for youngsters to get started by themselves with covid to pay for
Have you a share dealing account.
Plenty make money in times of crisis?
Apparently???
For once I think you’re wrongSwan Vestas?
I get the feeling this is going to be a more and more likely scenario......
So what to do with cash?
Various pots to think about!
1: Cash in the business
2: Cash in personal accounts
3: Cash in pension pots nearing maturity (ie in the next 2 or 3 years)
Borrowings are minimal in business and personal accounts, most of which is on near zero interest rates.
Various values against all pots but they add up to.....
I get the feeling this is going to be a more and more likely scenario......
So what to do with cash?
Various pots to think about!
1: Cash in the business
2: Cash in personal accounts
3: Cash in pension pots nearing maturity (ie in the next 2 or 3 years)
Borrowings are minimal in business and personal accounts, most of which is on near zero interest rates.
Various values against all pots but they add up to.....
How long will we have that option though?Stick it under the mattress and say nothing - always the best way. God only knows the outcome after this mess. Other than that Buy to Let new build.