Investments?

Allan

Allan

Well-Known Member
Joined
17 Mar 2004
Messages
4,705
Location
Lymington
Visit site
Just spent a nice lunchtime down the pub with a mate of mine. During the conversation he said "if you had £65000 where would you invest it?" The only thing I could come up with was buy to let property. After my nap I had a look at Rightmove and at first glance it looks OK, £400/month for a £60000 one bedroom property in Bristol or Cardiff. Looking at the properties for rent I realised some had been advertised for months.
Are there too many rental properties?
If not buy to let, the what would you lot do?
Allan
 
Allan said:
Just spent a nice lunchtime down the pub with a mate of mine. During the conversation he said "if you had £65000 where would you invest it?" The only thing I could come up with was buy to let property. After my nap I had a look at Rightmove and at first glance it looks OK, £400/month for a £60000 one bedroom property in Bristol or Cardiff. Looking at the properties for rent I realised some had been advertised for months.
Are there too many rental properties?
If not buy to let, the what would you lot do?
Allan
Click to expand...

I think you have posted this in the wrok forum. I have no recollection of the words boat and successful investment being used in the same sentence!
 
DaveS said:
A year ago, yes. Now there's too much supply and the rates are rubbish. Funding Circle has gone the same way. The newer ones, Funding Knight and Rebuilding Society have good rates but low demand so money is slow to place.

Oops - not at all boaty - mea culpa. :o
Click to expand...

Dollar looks good long term, and the Dow Jones is going great guns.
The recovery has started in the US......
All boats rise on the tide, and the US is better bet than the Eurozone or the UK.

A nice mix of blue chip american stocks should do very very well over the next 5 years...no downside that I can see.:)
 
I invested my new boat fund in March in the stock market after only looking at a 2% interest in a 12 month saving bond......so far in 6 months my investment has risen 45%. :-)
 
lustyd said:
Unless there's another massive unexpected crash you mean...like the last one nobody saw coming :D
Click to expand...

The US economy has become competitive because of the low cost of energy from fracking; 1/3 of the European price, and they think one hundred years supply!!
In fact over the last couple of months several heavy industries, like smelting, have set up in the states.

The extrordinary result is that the US is now in a position to compete in manufacturing on a world wide basis at a very competitive price.....

Summary: Them-there hillbillies is minting money. Join the party.:) Hic,hic, $¥€%#^^<, burp....
 
rustybarge said:
The US economy has become competitive because of the low cost of energy from fracking; 1/3 of the European price, and they think one hundred years supply!!
In fact over the last couple of months several heavy industries, like smelting, have set up in the states.

The extrordinary result is that the US is now in a position to compete in manufacturing on a world wide basis at a very competitive price.....

Summary: Them-there hillbillies is minting money. Join the party.:) Hic,hic, $¥€%#^^<, burp....
Click to expand...

Oh well if you're certain then we should all put our life savings in...:rolleyes:
 
Check with HMRC, but I believe that if he's a higher rate tax payer, and he puts it in a SIPP, and doesn't plan to retire for at least 3 years, the government would give him another £40k, giving him a total of £100k to play with. In accepting this money, he loses the right to complain about Starbucks et al exploiting tax loopholes. If he's a basic rate tax payer, he'll only get a £15K tax refund. "To those who have shall it be given"

As for what shares to buy, a monkey with the FT and a dart beats most fund managers.
http://www.ft.com/cms/s/0/abd15744-9793-11e2-b7ef-00144feabdc0.html#axzz2c7MNgGrm
 
Last edited:
You must log in or register to reply here.

Share this page

Top