“We're heading for one hell of a collapse…”

26 August, 2013 "We're heading for one hell of a collapse…" Dear Buzzhairs, I recently sat down with a man who manages a lot of money. His Square Mile office is not much to look at. In fact, it's rather shabby. No windows. No fancy furniture. No spacious plush carpets. At a glance, you wouldn't know this man helped look after more than £1bn in client capital. His name is Tim Price – and he is probably the best defensive investor I know. He has even won an award for his ability to protect money during a crisis. And right now he is worried. He is worried that you watch the news, see the debt crisis unfolding and think it won't reach you. That somehow it has nothing to do with you. But, in his view, nothing could be further from the truth. In fact, he believes unprepared investors could be on the brink of losing a significant amount of their invested wealth. In a very frank and, to be honest, disturbing discussion, he revealed to me why he has made three emergency moves with his clients' money. If you do one thing this year towards protecting your personal wealth from harm – make it watching this video. Tim also reveals the three popular assets he thinks are on the verge of collapse. I can say with some confidence that you most likely hold one, two – even all three of these assets right now. You should really find out why he's so worried… Click here to listen to Tim's stark warning – or press the PLAY button below.   Tim Price: "The worst is yet to come." I strongly recommend you take a few minutes to see this video now – it could save you a huge amount of heartache – and money – down the line. Best Wishes, Bengt Saelensminde The Right Side The information and opinions expressed do not necessarily reflect the views of other editors/contributors of Fleet Street Publications Limited. Your capital is at risk when you invest in shares – you can lose some or all of your money, so never risk more than you can afford to lose. Always seek personal advice if you are unsure about the suitability of any investment.  A funds performance relies on the performance of the underlying investments and there is counterparty default risk that could affect the value of your investment.  Shares recommended may be small company shares. These can be illiquid and hard to trade making them riskier than other investments.  There can also be a large difference between the buying and selling price (the bid/offer spread).  If you sell these shares soon after buying them you may have to sell at a loss – even if the share price hasn't fallen, and even if it has risen a little. Bid/offer spreads, commissions, fees and other charges can reduce returns from investments. Some shares recommended may be denominated in a currency other than sterling. 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