Cash, what to do with it come negative interest rates?

[Pasty]

I think you will find that the big pension funds are going to be pulling out of warehousing and large office space ,there is a crash coming and a warehouse is the last place i would put my money

Agree, working from home is going to be a big part of this New Normal which is being engineered.

 

[S J H]

Agree, working from home is going to be a big part of this New Normal which is being engineered.

I think it will for a time, but they will return to offices, the ones that want to work miss their colleagues and the definition between work and home. And the ones that aren’t doing their job properly will need keeping an eye on.

I haven’t spoken to anyone that is enjoying working from home.

 

[Pasty]

I think it will for a time, but they will return to offices, the ones that want to work miss their colleagues and the definition between work and home. And the ones that aren’t doing their job properly will need keeping an eye on.

I haven’t spoken to anyone that is enjoying working from home.

Maybe but I'm not sure they care what people enjoy in big business.

 

[Kiwi Pete]

I know nothing about cryptocurrencies, why or how is the number of bitcoin limited, and how do you spend it in the real world, how does it get taxed etc.

Same as any other currency - ¼ my farm deposit was via Bitcoin sales and ½ was share shuffling about the time of the Brexit referendum

in cash terms I only paid $80,000, my wife paid $20k - from personal savings, and we ended up with an asset with an operating profit of just over $90k/year

I'm with @Clive, buy assets, just don't turn an asset into a liability by operating it poorly

 

[essex man]

I think it will for a time, but they will return to offices, the ones that want to work miss their colleagues and the definition between work and home. And the ones that aren’t doing their job properly will need keeping an eye on.

I haven’t spoken to anyone that is enjoying working from home.

Mmm no one is enjoying it much but are better off due to no commute.
Also Very hard to start a new job working from home, no proper training, your colleagues are people you have never met etc, really a complete drag and very inefficient

 

[Pasty]

Mmm no one is enjoying it much but are better off due to no commute.
Also Very hard to start a new job working from home, no proper training, your colleagues are people you have never met etc, really a complete drag and very inefficient

Yeah, but all they can see at the moment is massive savings on office costs.

 

[ImLost]

Mmm no one is enjoying it much but are better off due to no commute.
Also Very hard to start a new job working from home, no proper training, your colleagues are people you have never met etc, really a complete drag and very inefficient

Better off with no commute, 3 expensive coffees and lunch etc every day. A large chunk of those people won't be savvy enough to save or invest the costs they cut and will soon find other ways to waste it.

 

[Pasty]

Better off with no commute, 3 expensive coffees and lunch etc every day. A large chunk of those people won't be savvy enough to save or invest the costs they cut and will soon find other ways to waste it.

Or their pay will be cut to reflect their 'savings'.

 

[Wombat]

Working from home is a very different kettle of fish if you aren’t used to it. I have done it for 13yrs for my day job and it takes real discipline. Also as you are working from home people seem to think you can do calls a t crazy times and forget about stuff like school runs at the moment. Also sat in the house all day in jan when u see no one is not for everyone and I do like a good trip to an office to catch up with things.

Also I think some of the monitoring for the new working at home is quite draconian, my wife’s laptop has an alert if she hasn’t done anything for 10mins and starts to log it. Which obviously you don’t get in the office so I can see some people wanting to go back to offices at some point

 

[Pasty]

Working from home is a very different kettle of fish if you aren’t used to it. I have done it for 13yrs for my day job and it takes real discipline. Also as you are working from home people seem to think you can do calls a t crazy times and forget about stuff like school runs at the moment. Also sat in the house all day in jan when u see no one is not for everyone and I do like a good trip to an office to catch up with things.

Also I think some of the monitoring for the new working at home is quite draconian, my wife’s laptop has an alert if she hasn’t done anything for 10mins and starts to log it. Which obviously you don’t get in the office so I can see some people wanting to go back to offices at some point

I agree. I also worked from home full time as a trader in the early 2000s and also ran an ecommerce business later and people completely take the P. Can you nip me into town as you are not at work etc?

I guess we'll see how it all unfolds. We are already used to be prisoners in our own homes so a bit of big brother style monitoring of what we are up to won't hurt.........

 

[Will Blackburn]

You would think that would be a government priority but I suppose they've got more important things (or people) to spend their money on.

It is, they’ve paid the president’s sister to do it in every village. She now lives in a London mansion and meets her private banker every week.

 

[Lowland1]

It is, they’ve paid the president’s sister to do it in every village. She now lives in a London mansion and meets her private banker every week.

How true. They send their kids to English public schools , play polo and fly around in helicopters. Who needs clean water when you can buy Evian.

 

[ACEngineering]

With all this impending doom on interest rates and inflation etc. Would now be a bad time to pay/start in to a pension pot?!

It's something I have never got round to but was going to put a lump sum in end of this year partly/mostly because of the tax relief.

Surely if you put it in when all is crashed out it can only go up long term

 

[Salt'n'Pepper]

Pasty how much have you invested in Bitcoin because you sound like a expert. If you read any of the reports of Bitcoin it is a very risky means of investment and the experts are expecting a crash in the future.

I said better to invest and get a steady return, there is a warehouse near here for sale at £800,000 which let and gives a return of £40,000 a year and after 20 years you have covered the cost and have a property worth a million plus. Better to be safe

Covered the initial capital outlay only
not its cost,it will have rates,repair and maintainance,insurance,legal fees,amongst other unforeseen costs??

 

[texas pete]

I think you will find that the big pension funds are going to be pulling out of warehousing and large office space ,there is a crash coming and a warehouse is the last place i would put my money

I agree with large office, but why warehouse?

If anything, demand for that type of asset can only rise with the ongoing shift to online shopping.

 

[T7.wab]

Surprised no1 has said whiskey yet. Alot of banks buying lots

 

[Kiwi Pete]

I agree with large office, but why warehouse?

If anything, demand for that type of asset can only rise with the ongoing shift to online shopping.

But the sh!t has only started its descent towards the fan at this stage... 2020 is just a tester for what is around the next bend

 

[texas pete]

But the sh!t has only started its descent towards the fan at this stage... 2020 is just a tester for what is around the next bend

Oh I agree, we're all f**ked...but we'll all be spending what money the state haven't appropriated, online, through a handful of massive retailers.

 

[Brisel]

NS&I might be a safe bet

Safe, maybe. Pay any kind of interest? No.

 

[Brisel]

if you look at historic data they consistently beat most other investments actually

if i had a time machine I would buy Apple shares and 250gto’s / mac f1’s ! at pretty much any point in the last 40 years

That’s with the benefit of hindsight. Lots of classic cars have lost money too, not forgetting storage costs or heaven forbid, running costs should you actually take them out. Offset by your enjoyment of course.