Maintain buying power of the stash
Posted: March 28th, 2021, 11:09 am
Hi,
I've recently realised decent profits on shares held in non-flexible ISAs and wish to maintain the buying power of the resulting stash whilst we umm and err over a potential (non-UK) property purchase. If we don't buy a property in the short term (1-18 months), I will either reinvest in shares within the ISA or (less likely) transfer the cash overseas (TBD). With the relative overall weakness of HUF against GBP, along with lower inflation here, my initial thought is to maintain 100% GBP exposure.
Which ISA friendly instrument(s) should I be looking at to maintain buying power of the stash in the short term? Are index-linked gilts a suitable home?
Thanks
-b
I've recently realised decent profits on shares held in non-flexible ISAs and wish to maintain the buying power of the resulting stash whilst we umm and err over a potential (non-UK) property purchase. If we don't buy a property in the short term (1-18 months), I will either reinvest in shares within the ISA or (less likely) transfer the cash overseas (TBD). With the relative overall weakness of HUF against GBP, along with lower inflation here, my initial thought is to maintain 100% GBP exposure.
Which ISA friendly instrument(s) should I be looking at to maintain buying power of the stash in the short term? Are index-linked gilts a suitable home?
Thanks
-b