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

[Jerry]

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.....

 

[betweenthelines]

Spend it!

Get the economy going again

 

[Jackov Altraids]

Trump recommends using a Chinese bank.
A foreign bank would surely be a good shout but I wouldn't trust China with a tuppence.

 

[Jerry]

Spend it!

Get the economy going again

I spend plenty.

Two kids at uni or due to be....

 

[Chae1]

Nice problem to have!

 

[smallholder99]

is peer to peer secured against property any good

 

[Johnnyboxer]

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 feel your pain [emoji6]

 

[Forever Fendt]

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.....

Don’t worry about it what will be will be

 

[Chae1]

I spend plenty.

Two kids at uni or due to be....

Buy more land. Get up to your neck in debt!

 

[Devil's advocate]

houses?

I think inevitable that larger saving accounts will go into property.

Houses prices will rise because of this & renters will be stuck as renters. Likely higher taxes on buy to lets in the future.

 

[jackrussell101]

Classic tractors

 

[Clive]

invest in building business - either your oen or others


certainly going to be interesting when this (inevitably) happens

 

[yellow belly]

buy imputs early at a discount
sell grain later with the carry

if there is a property boom when the bust comes it will be bigger

 

[Frank-the-Wool]

Give it away or even give it to me!!

 

[Thick Farmer]

Swan Vestas?

 

[ARW]

I’m not worried at all about this,
1. I have no money
2. I don’t think it will actually happen

 

[defender]

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

 

[hoff135]

Im only small fry but since Im in a fairly rare but happy position of being early 30s and owning my own house out right and being kid free, i am spending quite a bit of money on my own small farm and business.

I seriously p*sses me off the way the govt have handled the countries finances the last year, throwing money about like confetti so im getting my income tax bill down to the bare minimum. Doesnt seem any point saving so might as well buy toys with it

 

[Jerry]

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

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

That’s already sorted just about.

 

[Jerry]

Give it away or even give it to me!!

Pass....