What is considered the safest place to put cash, for an EU or UK investor? Government bonds? Bank account? Under the mattress?? I have been keeping most of my cash at Barclays and letting the bank put the cash into a short term (1 month) 'treasury deposit', which i rollover every month. Is there a difference, from the safety aspect, between putting cash into a normal deposit account at Barclays and the 'treasury deposit' account? All this talk of the banks having liquidity problems is making me nervous! Thanks
It's generally better to own the equivalent of treasury bills in a bank that doesn't have large derivatives and real estate exposure. A smaller bank might be better than a larger bank.