[QUOTE=ch0c0h01ic;68086882
I suspect that there's a lot more to this than meets the eye (ie; mis-selling, commission, penalty fees, Labour's pension tax raids, etc, etc, etc) as well as a healthy amount of under investment. Nobody should expect to retire comfortably on £12k of pension contributions.
Horses for courses. If he'd bought and sold at the wrong times and made any other number of errors he could have walked away with a much more meagre return.Sure gold and silver have their place in a large and diverse portfolio but there are very good reasons why I wouldn't risk them as my sole investment. What scares me most is the idea that some people consider gold massively over-valued and that in the future its value could be revised downward substantially.
it wasn't the only pension and well he was on £300 a month back in the 80's and 90's along with unpaid overtime hence why he drives my merc for £10k a year
and well I'm sticking to gold and silver as my primary with some diamonds and fine wines you can say I'm a risk taker but I make enough to cover it but I'd look at property as well in time