Hello gentle readers. I would like a little advice concerning financial matters. Interest rates the world over are at a historical/hysterical low. New Zealand, my country of choice for exile, is no exception. There is even talk of negative interest rates, which might appeal to those with a mortgage and other debt, but for those with a few pennies salted away in the bank/wank it bodes ill. Consequently, I'm thinking of shifting considerable amounts of cash into other investment areas. I'm not so keen on the stock market. It appears way too volatile in these uncertain times and I don't want to get wiped out in a crash........
I've seriously looked at buying bullion, mostly gold and silver not only as an investment but as a hedge against possible hikes in inflation. I'm not interested in the ethereal kind, the stuff kept in the air, on paper, or some other intangible way of investing. I want to hear the jingle of precious metal and to bask in the empyrean (Flaxen, stop being a poncy twat) glow of tactile metal. I've checked various reviews from so-called expert pundits only to receive conflicting advice. Therefore, I'm uncertain as to whether the purchase of substantial amounts of bullion is a wise investment choice. Please note: I would be in for the longterm and I'm not interested in short term gain. In addition, if I do go down this particular investment highway, would it be better just to buy bullion bars or coins and bullion? I think I need to be told.
Anyway, folks, I would be grateful for any snippets of information and also any sage advice and comments from my erudite and intelligent readership. Ta very much.
On an unrelated note: As a treat I've just bought a trilaminated English lonbow at 43lbs. It has been a difficult time of late. Mrs S is still recovering from 12 hours of surgery and I've been in indifferent health. Luckily I have a sensible and enlightened GP who has prescribed effective painkillers, and I'm not talking about parcetamol, brufen or even Tramadol. With the pain under control I'm able to enjoy my indulgence in physical activities such as archery. Wuff bucket, arse.