MancunianStacker

Def spread your assets. If I had property, I'd put some money into a loft extension or something like that, to go with the gold and silver. The other inflation protecting asset would be collectables (like art), but I don't know the foggiest thing about what art is good!
So as much as I don't like having too many eggs in one basket, I am alas heavy in the gold and silver eggs basket, in the absence of property and collectables.

I always keep some notes and coins around just in case there's a power cut or bank crash. Not too much though due to inflation eating away at fiat currency.

I don't follow these things very closely but one of the larger banks in America has recently collapsed I believe so perhaps its prudent to be a little wary of what may happen in the near future here. I'm not a fan of eggs in one basket either. Hopefully things will one day settle down to a heavenly nirvana where wealth and affluence is gifted to all. Doubt it sadly.

Agreed it’s this weeks distraction but now I’m distracted 😂 
How do we set up a voting post on the Forum? Just wondering how many agree with Lin’s comments and how many disagree. This forum probably has more intelligent people onboard than average, so might not be a good gauge anyway.
Honestly the way the MSM says people should think makes me wonder if people are falling for i”the Leftie argument or actually have a brain 🧠 
Let’s use Lin’s millions to house and feed more people eh???
Rant over now, honestly! No more ranting 😬 

China, Iran and the Saudis is interesting as is the US bank but the majority don’t see this as affecting their everyday life. 
The every day British person (whether born here or legally entering and getting Naturalised and a Passport after paying £7,500 in Visas and doing the process right) doesn’t want to hear Lin going on about Britain being compared to Nazi era Germany. 
The every day Brit is worried about where their kids will live one day and why they can’t buy a house or even get a hotel room in another town.
We need immigration and I agree with it, after all the old age pension is a Ponzi scheme and we need fresh meat at the bottom of the pyramid. I’m not a balding, middle aged racist but I am bald and middle aged.
My wife is a non European immigrant and is enraged 😡 with it all and can’t believe what a soft touch the UK is. She was asking what is wrong with France and every other country and I had to explain that English is most countries 2nd language including hers, so where would she want to go if she had to risk her life? 🇬🇧 of course! USA is too far away and Australia 😂 (that’s my retirement destination - maybe if they’d take me 😂). I don’t blame people wanting to leave these countries but don’t use safety as a cover.
The lefties have a lovely rose tinted outlook on life but when reality kicks in (and the Celebrity lefties and ex-footballers with Millions in their bank and houses in 5 countries can just up sticks and leave 🇬🇧 with 24 hours notice), they might have wished they thought about it first 🤔 Most Brits will have to live here until death, it’s going to become a hell hole within 20 years. Try doubling the UK population in 20 years. It will happen unless they get a lid on illegal entry. 🤦‍♂️ We are an island nation!
Where do we put unlimited immigrants? Who feeds them? Who wants their tax to go up to pay for it? How do we create enough jobs to stop us being taxed more? Who thinks we are a horrible racist country after helping Hong Kongers and Ukrainians (legally) plus many others?
I think Rishi Sunak will make this the main political point over the next 2 years to win over Labour. I’m expecting lots of news about immigration murders and the Terrorism will be coming back but worse than before. Remember the Manchester Arena 💣 wait until something like this hits London and the voters get scared! Labour has no answer for immigration, just say they’d be better at dealing with it 😂 How???
Rant over.
PS - not ranting at you @BigMac at all. Just got me thinking about the MSM and why this Lin story got so much attention. If it’s in the news it will help a Govt hard on illegal immigration look better to most voters than a soft Leftie govt. Maybe I’m wrong 🤷‍♂️ 

Absolutely right.
Sorry I didn’t mean a few months emergency physical cash, more like cash / numbers in a bank account getting eroded by inflation like a mofo 😂 

Cash will be useful if the banks crash and you're popping to the local shops for groceries. Can't buy food with gold. You could if you fancy trading a £400 sovereign for a pint of milk  I'm sure they'd take if off your hands. Not Tescos. They seem to frown at everything except contactless and club cards.

It's gold and farmland for me all the way baby!
(and maybe a little bit of silver and crypto too just for some excitement and volatility fun)

MSM always be like "Look over here. Don't look over there."

 

In my area everyone is sitting pretty. Was looking to move and there is nothing available. Just got the feeling people are just waiting for something to happen. I did a renewal this year and my mortgage man told me to clear my credit card. Couldn't work it out as it's interest free but did it anyway. 

On larger properties yes, a correction - some will downsize, but on smaller ones, the 2 bed terraces and apartments/flats no. These are your first step properties usually owned by landlords. Landlords sick of the legislation and tax issues, so selling them leaving tenants with credit issues unable to rent as most require a credit check. Rental yields gone up more now, landlords are re-entering who didn’t leave or new landlords entering the market. Tons of Hong Kongers buying multiple properties with cash (smart move). 
MSM is telling people there will be a correction / crash but it’s only a crash if you are planning on flipping your house for a quick profit. If you need somewhere to live for 25 years plus, it’s still cheaper to buy than rent. They want generation rent and will put you off buying at all costs.
Give me any property address (outside London at least), certainly in the North West, a couple with average incomes and a 5% deposit and I’d find them a mortgage.
They’ve been predicting a crash for 5 years and without wanting to sound like “Wonga” (old forum member) on Gold Price - no chance of a property crash and you’ll double your house price in 25 years! Guaranteed!!!!
Rates will go up another 0.5% (maybe on 23rd of March) but will be back down lower than today within 2 years, it might just stay this high for another year. People could wait to buy for 2 years but the prices I expect will still be higher than today.
Mortgage product rates have dropped significantly, it’s people’s credit history and lack of knowledge in this area that is preventing them from buying. I have one client in overdraft on 3 current accounts wondering why he’s getting rejected.

China, Iran and the Saudis is interesting as is the US bank but the majority don’t see this as affecting their everyday life. 
The every day British person (whether born here or legally entering and getting Naturalised and a Passport after paying £7,500 in Visas and doing the process right) doesn’t want to hear Lin going on about Britain being compared to Nazi era Germany. 
The every day Brit is worried about where their kids will live one day and why they can’t buy a house or even get a hotel room in another town.
We need immigration and I agree with it, after all the old age pension is a Ponzi scheme and we need fresh meat at the bottom of the pyramid. I’m not a balding, middle aged racist but I am bald and middle aged.
My wife is a non European immigrant and is enraged 😡 with it all and can’t believe what a soft touch the UK is. She was asking what is wrong with France and every other country and I had to explain that English is most countries 2nd language including hers, so where would she want to go if she had to risk her life? 🇬🇧 of course! USA is too far away and Australia 😂 (that’s my retirement destination - maybe if they’d take me 😂). I don’t blame people wanting to leave these countries but don’t use safety as a cover.
The lefties have a lovely rose tinted outlook on life but when reality kicks in (and the Celebrity lefties and ex-footballers with Millions in their bank and houses in 5 countries can just up sticks and leave 🇬🇧 with 24 hours notice), they might have wished they thought about it first 🤔 Most Brits will have to live here until death, it’s going to become a hell hole within 20 years. Try doubling the UK population in 20 years. It will happen unless they get a lid on illegal entry. 🤦‍♂️ We are an island nation!
Where do we put unlimited immigrants? Who feeds them? Who wants their tax to go up to pay for it? How do we create enough jobs to stop us being taxed more? Who thinks we are a horrible racist country after helping Hong Kongers and Ukrainians (legally) plus many others?
I think Rishi Sunak will make this the main political point over the next 2 years to win over Labour. I’m expecting lots of news about immigration murders and the Terrorism will be coming back but worse than before. Remember the Manchester Arena 💣 wait until something like this hits London and the voters get scared! Labour has no answer for immigration, just say they’d be better at dealing with it 😂 How???
Rant over.
PS - not ranting at you @BigMac at all. Just got me thinking about the MSM and why this Lin story got so much attention. If it’s in the news it will help a Govt hard on illegal immigration look better to most voters than a soft Leftie govt. Maybe I’m wrong 🤷‍♂️ 

On larger properties yes, a correction - some will downsize, but on smaller ones, the 2 bed terraces and apartments/flats no. These are your first step properties usually owned by landlords. Landlords sick of the legislation and tax issues, so selling them leaving tenants with credit issues unable to rent as most require a credit check. Rental yields gone up more now, landlords are re-entering who didn’t leave or new landlords entering the market. Tons of Hong Kongers buying multiple properties with cash (smart move). 
MSM is telling people there will be a correction / crash but it’s only a crash if you are planning on flipping your house for a quick profit. If you need somewhere to live for 25 years plus, it’s still cheaper to buy than rent. They want generation rent and will put you off buying at all costs.
Give me any property address (outside London at least), certainly in the North West, a couple with average incomes and a 5% deposit and I’d find them a mortgage.
They’ve been predicting a crash for 5 years and without wanting to sound like “Wonga” (old forum member) on Gold Price - no chance of a property crash and you’ll double your house price in 25 years! Guaranteed!!!!
Rates will go up another 0.5% (maybe on 23rd of March) but will be back down lower than today within 2 years, it might just stay this high for another year. People could wait to buy for 2 years but the prices I expect will still be higher than today.
Mortgage product rates have dropped significantly, it’s people’s credit history and lack of knowledge in this area that is preventing them from buying. I have one client in overdraft on 3 current accounts wondering why he’s getting rejected.

On larger properties yes, a correction - some will downsize, but on smaller ones, the 2 bed terraces and apartments/flats no. These are your first step properties usually owned by landlords. Landlords sick of the legislation and tax issues, so selling them leaving tenants with credit issues unable to rent as most require a credit check. Rental yields gone up more now, landlords are re-entering who didn’t leave or new landlords entering the market. Tons of Hong Kongers buying multiple properties with cash (smart move). 
MSM is telling people there will be a correction / crash but it’s only a crash if you are planning on flipping your house for a quick profit. If you need somewhere to live for 25 years plus, it’s still cheaper to buy than rent. They want generation rent and will put you off buying at all costs.
Give me any property address (outside London at least), certainly in the North West, a couple with average incomes and a 5% deposit and I’d find them a mortgage.
They’ve been predicting a crash for 5 years and without wanting to sound like “Wonga” (old forum member) on Gold Price - no chance of a property crash and you’ll double your house price in 25 years! Guaranteed!!!!
Rates will go up another 0.5% (maybe on 23rd of March) but will be back down lower than today within 2 years, it might just stay this high for another year. People could wait to buy for 2 years but the prices I expect will still be higher than today.
Mortgage product rates have dropped significantly, it’s people’s credit history and lack of knowledge in this area that is preventing them from buying. I have one client in overdraft on 3 current accounts wondering why he’s getting rejected.

On larger properties yes, a correction - some will downsize, but on smaller ones, the 2 bed terraces and apartments/flats no. These are your first step properties usually owned by landlords. Landlords sick of the legislation and tax issues, so selling them leaving tenants with credit issues unable to rent as most require a credit check. Rental yields gone up more now, landlords are re-entering who didn’t leave or new landlords entering the market. Tons of Hong Kongers buying multiple properties with cash (smart move). 
MSM is telling people there will be a correction / crash but it’s only a crash if you are planning on flipping your house for a quick profit. If you need somewhere to live for 25 years plus, it’s still cheaper to buy than rent. They want generation rent and will put you off buying at all costs.
Give me any property address (outside London at least), certainly in the North West, a couple with average incomes and a 5% deposit and I’d find them a mortgage.
They’ve been predicting a crash for 5 years and without wanting to sound like “Wonga” (old forum member) on Gold Price - no chance of a property crash and you’ll double your house price in 25 years! Guaranteed!!!!
Rates will go up another 0.5% (maybe on 23rd of March) but will be back down lower than today within 2 years, it might just stay this high for another year. People could wait to buy for 2 years but the prices I expect will still be higher than today.
Mortgage product rates have dropped significantly, it’s people’s credit history and lack of knowledge in this area that is preventing them from buying. I have one client in overdraft on 3 current accounts wondering why he’s getting rejected.

I’m sticking with Gold and Property.
Minimise cash in bank and stocks.
All in physicals.
Back to Gold!! sorry all 

China, Iran and the Saudis is interesting as is the US bank but the majority don’t see this as affecting their everyday life. 
The every day British person (whether born here or legally entering and getting Naturalised and a Passport after paying £7,500 in Visas and doing the process right) doesn’t want to hear Lin going on about Britain being compared to Nazi era Germany. 
The every day Brit is worried about where their kids will live one day and why they can’t buy a house or even get a hotel room in another town.
We need immigration and I agree with it, after all the old age pension is a Ponzi scheme and we need fresh meat at the bottom of the pyramid. I’m not a balding, middle aged racist but I am bald and middle aged.
My wife is a non European immigrant and is enraged 😡 with it all and can’t believe what a soft touch the UK is. She was asking what is wrong with France and every other country and I had to explain that English is most countries 2nd language including hers, so where would she want to go if she had to risk her life? 🇬🇧 of course! USA is too far away and Australia 😂 (that’s my retirement destination - maybe if they’d take me 😂). I don’t blame people wanting to leave these countries but don’t use safety as a cover.
The lefties have a lovely rose tinted outlook on life but when reality kicks in (and the Celebrity lefties and ex-footballers with Millions in their bank and houses in 5 countries can just up sticks and leave 🇬🇧 with 24 hours notice), they might have wished they thought about it first 🤔 Most Brits will have to live here until death, it’s going to become a hell hole within 20 years. Try doubling the UK population in 20 years. It will happen unless they get a lid on illegal entry. 🤦‍♂️ We are an island nation!
Where do we put unlimited immigrants? Who feeds them? Who wants their tax to go up to pay for it? How do we create enough jobs to stop us being taxed more? Who thinks we are a horrible racist country after helping Hong Kongers and Ukrainians (legally) plus many others?
I think Rishi Sunak will make this the main political point over the next 2 years to win over Labour. I’m expecting lots of news about immigration murders and the Terrorism will be coming back but worse than before. Remember the Manchester Arena 💣 wait until something like this hits London and the voters get scared! Labour has no answer for immigration, just say they’d be better at dealing with it 😂 How???
Rant over.
PS - not ranting at you @BigMac at all. Just got me thinking about the MSM and why this Lin story got so much attention. If it’s in the news it will help a Govt hard on illegal immigration look better to most voters than a soft Leftie govt. Maybe I’m wrong 🤷‍♂️ 

China, Iran and the Saudis is interesting as is the US bank but the majority don’t see this as affecting their everyday life. 
The every day British person (whether born here or legally entering and getting Naturalised and a Passport after paying £7,500 in Visas and doing the process right) doesn’t want to hear Lin going on about Britain being compared to Nazi era Germany. 
The every day Brit is worried about where their kids will live one day and why they can’t buy a house or even get a hotel room in another town.
We need immigration and I agree with it, after all the old age pension is a Ponzi scheme and we need fresh meat at the bottom of the pyramid. I’m not a balding, middle aged racist but I am bald and middle aged.
My wife is a non European immigrant and is enraged 😡 with it all and can’t believe what a soft touch the UK is. She was asking what is wrong with France and every other country and I had to explain that English is most countries 2nd language including hers, so where would she want to go if she had to risk her life? 🇬🇧 of course! USA is too far away and Australia 😂 (that’s my retirement destination - maybe if they’d take me 😂). I don’t blame people wanting to leave these countries but don’t use safety as a cover.
The lefties have a lovely rose tinted outlook on life but when reality kicks in (and the Celebrity lefties and ex-footballers with Millions in their bank and houses in 5 countries can just up sticks and leave 🇬🇧 with 24 hours notice), they might have wished they thought about it first 🤔 Most Brits will have to live here until death, it’s going to become a hell hole within 20 years. Try doubling the UK population in 20 years. It will happen unless they get a lid on illegal entry. 🤦‍♂️ We are an island nation!
Where do we put unlimited immigrants? Who feeds them? Who wants their tax to go up to pay for it? How do we create enough jobs to stop us being taxed more? Who thinks we are a horrible racist country after helping Hong Kongers and Ukrainians (legally) plus many others?
I think Rishi Sunak will make this the main political point over the next 2 years to win over Labour. I’m expecting lots of news about immigration murders and the Terrorism will be coming back but worse than before. Remember the Manchester Arena 💣 wait until something like this hits London and the voters get scared! Labour has no answer for immigration, just say they’d be better at dealing with it 😂 How???
Rant over.
PS - not ranting at you @BigMac at all. Just got me thinking about the MSM and why this Lin story got so much attention. If it’s in the news it will help a Govt hard on illegal immigration look better to most voters than a soft Leftie govt. Maybe I’m wrong 🤷‍♂️ 

I’m sticking with Gold and Property.
Minimise cash in bank and stocks.
All in physicals.
Back to Gold!! sorry all 

Agreed it’s this weeks distraction but now I’m distracted 😂 
How do we set up a voting post on the Forum? Just wondering how many agree with Lin’s comments and how many disagree. This forum probably has more intelligent people onboard than average, so might not be a good gauge anyway.
Honestly the way the MSM says people should think makes me wonder if people are falling for i”the Leftie argument or actually have a brain 🧠 
Let’s use Lin’s millions to house and feed more people eh???
Rant over now, honestly! No more ranting 😬 

China, Iran and the Saudis is interesting as is the US bank but the majority don’t see this as affecting their everyday life. 
The every day British person (whether born here or legally entering and getting Naturalised and a Passport after paying £7,500 in Visas and doing the process right) doesn’t want to hear Lin going on about Britain being compared to Nazi era Germany. 
The every day Brit is worried about where their kids will live one day and why they can’t buy a house or even get a hotel room in another town.
We need immigration and I agree with it, after all the old age pension is a Ponzi scheme and we need fresh meat at the bottom of the pyramid. I’m not a balding, middle aged racist but I am bald and middle aged.
My wife is a non European immigrant and is enraged 😡 with it all and can’t believe what a soft touch the UK is. She was asking what is wrong with France and every other country and I had to explain that English is most countries 2nd language including hers, so where would she want to go if she had to risk her life? 🇬🇧 of course! USA is too far away and Australia 😂 (that’s my retirement destination - maybe if they’d take me 😂). I don’t blame people wanting to leave these countries but don’t use safety as a cover.
The lefties have a lovely rose tinted outlook on life but when reality kicks in (and the Celebrity lefties and ex-footballers with Millions in their bank and houses in 5 countries can just up sticks and leave 🇬🇧 with 24 hours notice), they might have wished they thought about it first 🤔 Most Brits will have to live here until death, it’s going to become a hell hole within 20 years. Try doubling the UK population in 20 years. It will happen unless they get a lid on illegal entry. 🤦‍♂️ We are an island nation!
Where do we put unlimited immigrants? Who feeds them? Who wants their tax to go up to pay for it? How do we create enough jobs to stop us being taxed more? Who thinks we are a horrible racist country after helping Hong Kongers and Ukrainians (legally) plus many others?
I think Rishi Sunak will make this the main political point over the next 2 years to win over Labour. I’m expecting lots of news about immigration murders and the Terrorism will be coming back but worse than before. Remember the Manchester Arena 💣 wait until something like this hits London and the voters get scared! Labour has no answer for immigration, just say they’d be better at dealing with it 😂 How???
Rant over.
PS - not ranting at you @BigMac at all. Just got me thinking about the MSM and why this Lin story got so much attention. If it’s in the news it will help a Govt hard on illegal immigration look better to most voters than a soft Leftie govt. Maybe I’m wrong 🤷‍♂️ 

Sorry back to estate agents!
Oh and as a Mortgage Adviser, there is no way property prices will collapse. It slowed Sept - Feb but now I’m back to being very busy again!
When supply exceeds demand prices go up. Expect prices to double in next 25 years. No joke!
If you can buy a house for your children now, consider it.

China, Iran and the Saudis is interesting as is the US bank but the majority don’t see this as affecting their everyday life. 
The every day British person (whether born here or legally entering and getting Naturalised and a Passport after paying £7,500 in Visas and doing the process right) doesn’t want to hear Lin going on about Britain being compared to Nazi era Germany. 
The every day Brit is worried about where their kids will live one day and why they can’t buy a house or even get a hotel room in another town.
We need immigration and I agree with it, after all the old age pension is a Ponzi scheme and we need fresh meat at the bottom of the pyramid. I’m not a balding, middle aged racist but I am bald and middle aged.
My wife is a non European immigrant and is enraged 😡 with it all and can’t believe what a soft touch the UK is. She was asking what is wrong with France and every other country and I had to explain that English is most countries 2nd language including hers, so where would she want to go if she had to risk her life? 🇬🇧 of course! USA is too far away and Australia 😂 (that’s my retirement destination - maybe if they’d take me 😂). I don’t blame people wanting to leave these countries but don’t use safety as a cover.
The lefties have a lovely rose tinted outlook on life but when reality kicks in (and the Celebrity lefties and ex-footballers with Millions in their bank and houses in 5 countries can just up sticks and leave 🇬🇧 with 24 hours notice), they might have wished they thought about it first 🤔 Most Brits will have to live here until death, it’s going to become a hell hole within 20 years. Try doubling the UK population in 20 years. It will happen unless they get a lid on illegal entry. 🤦‍♂️ We are an island nation!
Where do we put unlimited immigrants? Who feeds them? Who wants their tax to go up to pay for it? How do we create enough jobs to stop us being taxed more? Who thinks we are a horrible racist country after helping Hong Kongers and Ukrainians (legally) plus many others?
I think Rishi Sunak will make this the main political point over the next 2 years to win over Labour. I’m expecting lots of news about immigration murders and the Terrorism will be coming back but worse than before. Remember the Manchester Arena 💣 wait until something like this hits London and the voters get scared! Labour has no answer for immigration, just say they’d be better at dealing with it 😂 How???
Rant over.
PS - not ranting at you @BigMac at all. Just got me thinking about the MSM and why this Lin story got so much attention. If it’s in the news it will help a Govt hard on illegal immigration look better to most voters than a soft Leftie govt. Maybe I’m wrong 🤷‍♂️ 

Agreed it’s this weeks distraction but now I’m distracted 😂 
How do we set up a voting post on the Forum? Just wondering how many agree with Lin’s comments and how many disagree. This forum probably has more intelligent people onboard than average, so might not be a good gauge anyway.
Honestly the way the MSM says people should think makes me wonder if people are falling for i”the Leftie argument or actually have a brain 🧠 
Let’s use Lin’s millions to house and feed more people eh???
Rant over now, honestly! No more ranting 😬 

Sorry back to estate agents!
Oh and as a Mortgage Adviser, there is no way property prices will collapse. It slowed Sept - Feb but now I’m back to being very busy again!
When supply exceeds demand prices go up. Expect prices to double in next 25 years. No joke!
If you can buy a house for your children now, consider it.