Protecting your money

tradetime

What is your time horizon for the remaining cash?

jfpeeps

I am guessing we will not do anything house wise for a year +

tradetime

Well in that case, you could double your holding in that fund.

NOooo only joking!! I might look around for any decent fixed rate 12 month deposits going, I think you ned to keep that very low / no risk.

tradetime

jfpeeps wrote: »

It was USD from the start, the sterling 40K is mine the 40K Sterling equiv is hers

That's unfortunate, I was hoping you were going to say you converted Sterling to USD when Sterling was much stronger, if your future is in the UK you now have potentially a not insignificant currency risk also, having said that, depending on when you invested, the Value of the investment then, in pounds compared to it's value in pounds now might not bequite so bad.
What I mean is, if back then you had simply converted it to Sterling instead of investing, compared to what it is worth in Sterling now, does that not take some sting out of it, The USD is probably up over 70% against Sterling over the last year.

gozomark

about 40%

http://fx.sauder.ubc.ca/cgi/fxplot?b=USD&c=GBP&rd=*&fd=1&fm=1&fy=2008&ld=31&lm=12&ly=2009&y=daily&q=volume&f=png&a=lin&m=0&x=

tradetime

gozomark wrote: »

about 40%

http://fx.sauder.ubc.ca/cgi/fxplot?b=USD&c=GBP&rd=*&fd=1&fm=1&fy=2008&ld=31&lm=12&ly=2009&y=daily&q=volume&f=png&a=lin&m=0&x=

Yes you're absolutely right! Don't know what made me think of 70%, jeeze that would be a dark day Hope I haven't had some sort of future premonition :eek:

jfpeeps

Ok lots of thoughts on the shares, what to do with the cash keep it where it is?

tradetime

jfpeeps wrote: »

Ok lots of thoughts on the shares, what to do with the cash keep it where it is?

http://forums.moneysavingexpert.com/showpost.html?p=19488159&postcount=34