So I recently got a certain sum of money back from a share fund of mine that was liquidated. That liquidation took place around a year ago, and so my cheque actually got sent to an old address which I haven't lived at for over five years.
Lucky I checked online a couple of months back! It cost me almost £100 in admin fees to get a second cheque sent out by post to my current address, and a 6 week wait, but it least I got my funds back!
I had planned to put the money straight into a combination of other shares and gold/ silver TODAY.
However I checked the charts and both the fund I was thinking of AND gold are at an ATH!
Fundsmith...
I'm very reluctant to buy at the very top....
Gold...
I think there's more potential for this to keep going up but again, I'm very reluctant to buy at the very top.....
What's going on...?!?
I had though that either shares or gold would go up, signifying either caution or optimism, but BOTH going up in value...?
Not sure what's going here?
So I just stuck the money in my savings account...
For now, my intuition just tells me to wait a few weeks, maybe months, and I've got a nearly 5% interest rate going on.
I'm sure both of these will dip in the future.
I'm actually tempted to buy a little more BTC too you know...?!? But not that tempted, what I really want is stocks and gold, but just NRN!
What I might do is set up a regular payment scheme to buy into shares and metals, not right now, but something to do at some point over the summer I think....