Isn't the financial news gloomy? I look after the family investments for my aged mother and am faced with plunging interest rates for her fixed rate investments while there is nothing I can safely invest in for some growth. I'm personally in the same position also. It looks like cash is king and that I should cash up everything. Shame is that if I could afford to put some dosh away for some years, there are probably some very good bargains to be had on the stock exchange that will do very nicely once things turn. As my contract is about to finish, I cannot tie up cash as I suspect jobs and new contracts are going to be hard to find next year. The other problem is that the financial markets may not turn soon enough for me (and certainly not for mum). This could be a long wait.
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