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Wisdom Tree (index tracker fund company)

124

Comments

  • fairrow
    fairrow Posts: 31 Forumite
    10 Posts
    Prism said:
    fairrow said:

    Well I have been convinced by many many people telling me for years that we will see hyper inflation similar to what we saw in Germany after WW1. So on this assumption, what commodities should I look at investing with in the tracker funds?


    Also worth noting that we are heading for a financial crash 10 times more then the last one


    Ok so just to put that into perspective, if we get hyper inflation like Germany did, lets say next year, then by the end of 2022 a loaf of bread will cost around £10 millions pounds and then we will scrap the Pound. Does that sound reasonable?


    Actuly I do remember Sonya telling me last month "so instead of paying 50p for a loaf of bread will will end up paying £2 a loaf"
    So investment in grain worth a shot? If we are going to run into food shortages?
  • masonic
    masonic Posts: 29,270 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    fairrow said:
    Prism said:
    fairrow said:

    Well I have been convinced by many many people telling me for years that we will see hyper inflation similar to what we saw in Germany after WW1. So on this assumption, what commodities should I look at investing with in the tracker funds?


    Also worth noting that we are heading for a financial crash 10 times more then the last one


    Ok so just to put that into perspective, if we get hyper inflation like Germany did, lets say next year, then by the end of 2022 a loaf of bread will cost around £10 millions pounds and then we will scrap the Pound. Does that sound reasonable?


    Actuly I do remember Sonya telling me last month "so instead of paying 50p for a loaf of bread will will end up paying £2 a loaf"
    So investment in grain worth a shot? If we are going to run into food shortages?
    Investing in an ETF won't help you get enough food during a shortage. Suggest you stock up on tinned food, bottled water, buy a generator and perhaps a bunker for when the looting starts.
  • Albermarle
    Albermarle Posts: 30,829 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    fairrow said:
    Do you think Halifax will offer a discount if you allready bank with them?
    No - the Halifax share dealing platform is pretty cheap anyway .
  • dunstonh
    dunstonh Posts: 121,118 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Do you think Halifax will offer a discount if you allready bank with them?
    No.  This particular Halifax product is not a branch/banking customer targetted product.    

    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • tebbins
    tebbins Posts: 773 Forumite
    500 Posts Name Dropper
    fairrow said:
    Prism said:
    fairrow said:

    Well I have been convinced by many many people telling me for years that we will see hyper inflation similar to what we saw in Germany after WW1. So on this assumption, what commodities should I look at investing with in the tracker funds?


    Also worth noting that we are heading for a financial crash 10 times more then the last one


    Ok so just to put that into perspective, if we get hyper inflation like Germany did, lets say next year, then by the end of 2022 a loaf of bread will cost around £10 millions pounds and then we will scrap the Pound. Does that sound reasonable?


    Actuly I do remember Sonya telling me last month "so instead of paying 50p for a loaf of bread will will end up paying £2 a loaf"
    So investment in grain worth a shot? If we are going to run into food shortages?
    OP - you are thinking like a short-tern speculator or worrier. It is far easier to accept that you don't know better than the aggregate intellect of the financial markets.
    Watch this: https://youtu.be/oMmocnLnVgQ
  • fairrow
    fairrow Posts: 31 Forumite
    10 Posts
    OP - you are thinking like a short-tern speculator or worrier. It is far easier to accept that you don't know better than the aggregate intellect of the financial markets.
    Watch this:
    But your missing the point!
    The video is about buying stocks and shares in companies and not buying physical goods
    If I where to say that we would see hyper inflation and the markets where going to crash then you would not touch the markets with a barge pole full stop! would you?

  • fairrow
    fairrow Posts: 31 Forumite
    10 Posts
    Albermarle said:
    fairrow said:
    Do you think Halifax will offer a discount if you allready bank with them?
    No - the Halifax share dealing platform is pretty cheap anyway .
    But is there anything cheaper?
  • jimjames
    jimjames Posts: 19,239 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    fairrow said:
    OP - you are thinking like a short-tern speculator or worrier. It is far easier to accept that you don't know better than the aggregate intellect of the financial markets.
    Watch this:
    But your missing the point!
    The video is about buying stocks and shares in companies and not buying physical goods
    If I where to say that we would see hyper inflation and the markets where going to crash then you would not touch the markets with a barge pole full stop! would you?

    If you want to buy goods then get CostCo membership and buy in bulk. 
    Remember the saying: if it looks too good to be true it almost certainly is.
  • jimjames
    jimjames Posts: 19,239 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    fairrow said:
    Albermarle said:
    fairrow said:
    Do you think Halifax will offer a discount if you allready bank with them?
    No - the Halifax share dealing platform is pretty cheap anyway .
    But is there anything cheaper?
    Cheaper depends on your investments and the amounts. iWeb is cheaper than Halifax for large sums.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • eskbanker
    eskbanker Posts: 40,191 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    fairrow said:
    Albermarle said:
    fairrow said:
    Do you think Halifax will offer a discount if you allready bank with them?
    No - the Halifax share dealing platform is pretty cheap anyway .
    But is there anything cheaper?
    Check out the various comparison sites that model the costs associated with your own investment profile:

    https://monevator.com/compare-uk-cheapest-online-brokers/
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