Plus: the Corbyn inheritance tax alternative that would 'wreak havoc' on families
Telegraph Money | | The week's most important personal finance news, analysis and expert advice, from pensions and property to investment ideas and savings tips. |
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The Telegraph take | | By Sophie Smith, personal finance reporter |
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| The price of gold has hit a six-year high amid bubbling geopolitical tensions and concerns about the American Federal Reserve cutting interest rates.
Traditionally the precious metal has been the go to safe haven asset for investors in times of uncertainty. And because gold does not pay an income, the prospect of lower interest rates is a boon, as investors are giving up less potential return from holding cash.
It means that now could be the perfect time to buy – and Telegraph Money has looked at the ways ordinary investors can buy gold here.
Don't forget that a loophole exists that allows gold investors to dodge capital gains tax (CGT). Reporter Adam Williams explains more here.
Remember Bitcoin? In 2017 the digital currency soared to close to $20,000 before rapidly falling. Now – possibly driven by the same factors pushing up gold – Bitcoin is making a comeback. As the price hits $12,000 again, Harry Brennan evaluates the investment case for cryptocurrency.
Also this week, Katie Morley investigates why more wasn't done for a British Airways passenger who suffered first-degree burns on a flight when the lid on her cup of tea fell off and poured onto her lap. Should she sue for more than the 650 compensation paid to her by BA?
Get all our biggest and best money stories – from tax, pensions, investing and more – for just 2 a week with a subscription to Telegraph Premium. Start your 30-day free trial here. |
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You have the last word... |
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| Jame Blaker said about 'I've been stung by 23k mortgage fine because our new home is on Airbnb': "Banks are getting tougher and tougher about this. I knew someone applying for a mortgage that became blacklisted as when they applied they found out they were Airbnb-ing another property. This isn't just Virgin, other banks also shudder when people do short term lets and get nasty."
Susan Ainsworth said about Katie Investigates: 'Can I get a discount on my TV licence if I spend the winter abroad?': "Since when did we become customers of the BBC? We are taxed for having a TV - pure and simple."
Jo Smith said about Which Tory leader hopeful’s tax plan will leave you best off?: "Boris Johnson intends to fund his tax cuts partly by increasing National Insurance paid by anyone earning more than 8,632 a year, apart from pensioners who don't pay National Insurance, and tend to vote Tory. So the low paid are going to pay for the tax cuts for the very comfortably off. He also intends to use the No Deal contingency money, so he can no longer threaten to leave without a deal. Isn't he insulting the intelligence and decency of ordinary Tory voters?"
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