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Investing with GBPs

Discussion in 'Other Asset Classes' started by ellejay, 8th Jul, 2016.

  1. ellejay

    ellejay Well-Known Member

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    Unfortunately have GBPs following a house sale. Anyone have ideas (apart from property) for investing this in UK while we wait for the exchange rate to improve? Happy for the money to be locked in for better return.
     
  2. BingoMaster

    BingoMaster Well-Known Member

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    ellejay likes this.
  3. The Falcon

    The Falcon Well-Known Member

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    if you are just waiting on the exchange rate to improve before exchanging for AUD, I would not consider risk assets, and would hold cash / short term govt bonds only. You want to limit your variables here to exchange rate only I would think....
     
  4. ellejay

    ellejay Well-Known Member

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    That's it, thanks.
     
  5. BingoMaster

    BingoMaster Well-Known Member

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    Yeah, I interpretted it being "locked in" as a much longer time period haha.

    As an aside, does everyone think the rate definitely will improve in GBPs favour? Its pretty hard to predict currency movements....
     
  6. The Falcon

    The Falcon Well-Known Member

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    Commentary I am seeing from DB is that all the risk is to the down side for sterling holders.