You are reading a single comment by @NickCJ and its replies.
Click here to read the full conversation.
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
NickCJ
But what’s the outcome if you maintain the GBP value of an asset, but the value of GBP is depreciating? You either deal with the loss and hope to return to profit over the (possibly very) long term, or you move out of that asset.
=Scenario B might be a handy period to liquidise your assets and scarper.