i have 50K and want to protect it from losing more of its value than it already has (gordon Brown and his quantative easing)..what can i do to at least maintain the value it has now before the UK goes into depression?
Spread it around – but nothing looks great at the moment for a good return.
1. Stock market – in the UK and West it has stagnated at best, you could look at investing in developing countries if you want a bigger return but there are more risks,
2. Savings accounts are great at the moment – if you shop around you may be 3%
3. Gold – In my opinion is over priced.
