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How to hedge against the financial risks of Scottish Independence?

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Comments

  • onlyroz
    onlyroz Posts: 17,661 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Wow, can you really buy a property for less than £10k in Glasgow?
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Generali wrote: »
    I
    I think we have been divided by a common language on this occasion. I propose that we accept each others' apologies and move on.

    Fully agree.
    Generali wrote: »
    I have a viewpoint but when asked for an investment idea I always try to look at it as I have been taught from my work: how do we make money from this (there is an old Warren Buffet line, "Our job is to make money not to be right").

    When I consider an investment, I like to consider all outcomes.
    A little like the warning that your investment may go down as well as up.
    It's by considering all aspects you can make an informed, balanced choice and regardless of whether that choice turns out to be right or wrong, at least you can assure yourself you have made with the best facts known at the time

    Reading your paragraph below, it does not seem balanced in it's consideration.
    I have highlighted in red the negative aspects I read in the paragraph, and green where there are positives (in my opinion)
    Generali wrote: »
    Well you could simply have a bet on the Yes mob winning although that might be expensive. Alternatively, you could take out a short position on assets you'd expect to do badly out of independence, highly leveraged companies that earn most of their revenues in Scotland. Clydesdale Bank springs to mind. It's pretty easy to take a short position through a futures broker.

    The hardest bit will be to calculate your losses should independence go ahead.

    Perhaps you might consider investment opportunities where
    1. independence might be "cheaper"
    2. assets you#d expect to do "well" out of independence
    3. calculate "gains" should independence go ahead

    I think this is a good quick example of a negative mindset as opposed to a positive mindset
    Generali wrote: »
    If you want advice on how to make money from a Yes! vote given a set of assumptions I'd be happy to suggest some. If you tell me what positives you think would accrue from Scottish independence I'd be happy to suggest some investment opportunities.

    Thanks you, but I am quite happy with my current investments, risks and hedging regardless of the outcome of Septembers vote.
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • BACKFRMTHEEDGE
    BACKFRMTHEEDGE Posts: 1,294 Forumite
    Generali wrote: »
    I sent an email to a group of friends today explaining where my cancer treatment is and wished them well for them and their mob.

    Sorry to read that. Wishing you tip-top health soonest.
    A journey of a thousand miles begins with a single step

    Savings For Kids 1st Jan 2019 £16,112
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Sorry to read that. Wishing you tip-top health soonest.

    Thank you very much. I'm getting towards the end of my treatment. Now hopefully the beggur doesn't come back. :j
  • IveSeenTheLight
    IveSeenTheLight Posts: 13,322 Forumite
    Generali wrote: »
    Thank you very much. I'm getting towards the end of my treatment. Now hopefully the beggur doesn't come back. :j

    Yes, hope all goes well Jenny Rali
    :wall:
    What we've got here is....... failure to communicate.
    Some men you just can't reach.
    :wall:
  • Bantex_2
    Bantex_2 Posts: 3,317 Forumite
    Shortbread futures is the way to go. Fortunes to be made.
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