RE: ya'll25 Jan 2017 12:38
Divvy is one thing, but erosion of its purchasing power is of concern. FTSE above 7000 is crazy, albeit a lot of the majors are dollar based.....makes me think about trading on the US market instead of London...pick a couple of smart companies..appreciation of capital, and...increased value when the Pound drops further against the $....or....bullion? Its ok dropping a few cents here and there on exchange on holiday ttype values, but if the cash nest egg is getting hammered due to currency exchange rates, then a few hundred £k of sterling shows the weakening Pound for what it is