2008 – What a disaster. What with my SIPP down 31% and the Ł down the same, a year best forgotten. Living as I do down here in SW France, the exchange rate is a daily concern. Fortunately I froze forward @ 1.20; but should have done so far earlier…..
Won’t post much on this header as I appear to be a bit of a busted flush at the moment. Still, suffice to say that I expect the Ł to rally back to E1.25; Gold to race through $1250; Silver to recover to $21 (and then some); and the FTSE to do heaven knows what.
As for tips, I posted on the TIPS thread my choice of 3 stocks to be bought together as a spec. portfolio:
1 from the Mining sector - Mariana Resources (MARL) @ 3.0p
1 from the Oil sector - Antrim Energy (AEY) @ 25p
1 from the Property sector - Invista European Real Estate (IERE) @ 7.3p
Note: I own all three; and have recently averaged down in all three!
Once again, I look forward to reading others’ Tips for the year ahead; and take this opportunity to wish everyone Health and Happiness for 2009. & needless to say it, but I know all our thoughts will be with Tiltonboy.
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