With many experts talking of bank collapses and buy ins. Where is the safest place for our money right now?
Let’s start with buy ins. So if a bank collapses they may use your money and give you shares in the collapsed bank. Yippee. They did it in Cyprus a few years ago
Gambling websites, so I basically mean transfer 1000£ into different companies like betfair and bet365. If the banks collapse surely they will be safe or wil they use the same banks and so that won’t work?
Crypto- not for me as the big boys can move around crypto way too easily
Stocks - but all stocks could take a 50-80% hit.
Gold. Maybe safe but then how does that work if investing through Freetrade and banks collapse.
Long winded question but it’s been on my mind for a couple months and need to make a decision.