Taxi Driver Online

I wonder how long ago the programme was recorded? The price reached it's peak on September 6th 2011 when it was £1182.82 per troy ounce. the current price as at 10.44am today is £1034.18 per troy ounce. Data available at http://www.thegoldbullion.co.uk

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Grandad,

Gold is the only proper investement worth having - but you dont look at 10 months figures, you dont have an ISA for 10 months do you - lets look at 5, 10 and 20 year figures shall we?

although it did drop back from an amzing 1980 all time high, it will not overall drop, it is a finite resource, and the one true measure of what a country is worth, thats why private buyers are limited to amounts they can hold, and why the USA gold depository is in the middle of the biggest US army base. try raiding that!

i know someone who suggested buying a gold sov every month from starting work to retirement (17-65 then, about 70 soon) which is about 2500 coins, once retired he takes 1 or 2 coins to a dealer and draws cash when needed. its his earned money, as he says, if it was in a savings scheme he would get a derisory amount, taxable and it would/could affect any pension - which he grafted for - so he does it his way, power to him i say. stocks and shares? for the working classes? ISA's (lending HMG money?) your choice!

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Of all the things ive lost, i miss my mind the most

Not yet extinct.
Endangered species though, only one left.

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http://wingsoverscotland.com/ http://www.newsnetscotland.com/

and the ones who didnt get in have all got nice earners on boards at companies or NHS trusts, Police authorities, they never LOSE, unlike you and me, they just step sideways.

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Of all the things ive lost, i miss my mind the most

As for the title of the thread and the worry of the report on growth, it stated the wet/cold weather as part-reason?

so...... £3,200,000,000 in 6 months.....up 23%



http://www.bbc.co.uk/news/business-18997416

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Of all the things ive lost, i miss my mind the most

I'd go for property then rent it out. If you can get a 6% return you'll beat the banks hands down.

If I had the money to do it so would I. But I will just have to continue with the Sovereign a month.

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Grandad,

sounds good, but....which is easier

1. buy a property, renovate it, install tenants, hope they dont wreck it, hope the rent comes in, hope your £150K is safe

2. buy gold, keep it safe, sell it

Watching "Homes under the Hammer" gives the impression its easy, not 1 ive watched has had a failure, oddly when I went to Lloyds to clear up a probate matter the nice 20-something lady got talking how she had let out her flat and the neighbours had told the tenants had cleared out, the windows were all open, the rain was going in, she had no right of entry without notice, the rent was due.......

I shouldnt have to tell a taxi driver that cash is king...........

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Of all the things ive lost, i miss my mind the most

Buy, renovate, sell, buy gold with profits and start all over again

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Note to self: Just because it pops into my head does NOT mean it should come out of my mouth!!

Owning property to let is not all about buying run down property. I would be buying your average home and trying to put your average tennent into it. There are thousands of ordinary families out there that prefer to rent than buy, it is not just the delinquant single parents and absent fathers.

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Grandad,

Correct on the above ^^^^^^^^^^^^^^. A guy I know has 7 properties which he rents out, he's the sort of landlord that goes round collecting the rents on a Friday afternoon. That way he keeps his eye on the prize. He's had one bad tennant in 15 years of owning and renting properties out.

Now that is a good business.

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Grandad,

WTF is troy and what makes his ounce so kcufing special?

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Kind regards,

Brummie Cabbie.

Type a message, post your news,
Disagree with other members' views;
But please, do have some decorum,
When debating on the TDO Forum.

His ounce is special because it is heavier. A normal ounce is 28.3495 grams but a troy ounce is 31.1034768 grams.

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Grandad,

Ah, that explains why there are only 12 of them to the troy pound, as opposed to 16 in the British pound; weights of course, not money.

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Kind regards,

Brummie Cabbie.

Type a message, post your news,
Disagree with other members' views;
But please, do have some decorum,
When debating on the TDO Forum.