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guest100718
Guest
Indeed, shares can go down as well as up, which is why you need a good investment strategy. I was just giving some examples. But long term the stock market is the place to be.
Indeed, shares can go down as well as up, which is why you need a good investment strategy. I was just giving some examples. But long term the stock market is the place to be.
richart
Major Champion
Yes but for a no risk short term investment that is better return than you would get from a Cash ISA. Both returns are tax free as well. When interest rates are so low Premium Bonds are not a bad place to put money that you do not wish to tie up in longer term investment. Even if you had no wins in a year, you would only be losing about 1.5 % invested in ISA's.
Low interest rates are great for borrowers, but my clients are looking for income from their investments and that is not easy to find unless you are investing longer term, and are prepared to take some risk.
chrisg
Head Pro
classic (pre 73) Porsche 911/912...... buy a good one and you cant fail!
Whee
Challenge Tour Pro
I've always adopted a 'no risk, no reward' attitude. It took me a while to find the right balance, admittedly. When you take into account pay freeze's, inflation and increasing costs, I think you need to spread the risk a little bit.
Maybe keep 90% of your investment pot 'safe' but I believe you need to open yourself up to an element of risk elsewhere, to give yourself a chance at better returns.
medwayjon
Tour Winner
A guy I know in the same line as me had an investor friend front him £50k to stock his site which was secured as a charge on his property and some long-winded contract involved.
They paid off the capital at a set amount per month, and over the duration of the capital repayment the investor was returned 15% of the net profits from each sale.
They ended up recieving over £90k in profit over 5 years plus their £50k stake back, whilst the dealer grew his business from dealing in a few bangers to a very respectable dealership.
Not bad eh!
They paid off the capital at a set amount per month, and over the duration of the capital repayment the investor was returned 15% of the net profits from each sale.
They ended up recieving over £90k in profit over 5 years plus their £50k stake back, whilst the dealer grew his business from dealing in a few bangers to a very respectable dealership.
Not bad eh!
williamalex1
Money List Winner
That amount would just about pay off my wife's visa bill .
Doon frae Troon
Ryder Cup Winner
Whisky is even better at the mo.
Also been told woodland is a decent investment again. Loads of Scottish timber sailing out to Sweden from Troon. [Ikea?]
My accountant daughter told me to buy shares in John Menzies about 5 years ago when they moved into airport logistics, I should have taken her advice.
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richart
Major Champion
Having invested money for a living for the last 27 years I would agree that for longer term growth you should look at equity based investments. 10% in equities for a portfolio is actually very low risk overall.
I would stress that all comments are very general and not specific to anyone.
If you want anything other than a short term home for your money get professional advice. Everyone's circumstances are different and a portfolio should be geared around how long you wish to invest for, the risk you want to take, and whether you want income, growth or a combination of both. I actually specialise in inheritance tax planning, but that is another can of worms.
MegaSteve
Tour Winner
I would suggest though that finding a decent example [or even a poor one] at 25K would be damn nigh impossible..
DappaDonDave
Journeyman Pro
Buy to let property. Let the tenants pay off the mortgage, sell the house...done...
chrisg
Head Pro
granted a 911 yes, £35k+ is more the mark (dependant on model) for a good one ..... lets not get into 73RS as your talking into half million plus I guess, if you could find one for sale!!! but a 912, yes definitely for sub 25k ... even though prices have rocketed as 911s have gone out of most peoples reach..
My old '69 912 (now worth twice what i sold it for!)
NST
Head Pro
Plenty of paces in country that would be a deposit, ok might get you studio flat if your lucky in some south east locations, but in other areas couple of flats or house. Some reasonbe yields in certain areas too.
D
Deleted member 18588
Guest
granted a 911 yes, £35k+ is more the mark (dependant on model) for a good one ..... lets not get into 73RS as your talking into half million plus I guess, if you could find one for sale!!! but a 912, yes definitely for sub 25k ... even though prices have rocketed as 911s have gone out of most peoples reach..
My old '69 912 (now worth twice what i sold it for!)
Reminds me of a previous client who in early 90's bought a Ferrari (can't remember the model ) as an investment.
Two years later business difficulties meant the Ferrari had to be sold. Guess what it was now worth 40% less, and this guy was in the trade!
"Spend it on wine, women & fast cars, then waste the rest" - terrible plagerism but you get the drift.
chrisg
Head Pro
I don't buy classic cars as investments, but because I like them - but I've only ever lost on one (because I sold it on impulse with the engine in bits!) and the 912 wasn't it!.. The ferrari market is/can be fickle and expensive (and not my thing at all - can't afford it anyway!), but in exotic classic car terms, 911's are much safer (cheaper) with less room to be adversely affected.
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D
Deleted member 18588
Guest
Fair enough, I don't know much about cars anyway, but as a recently retired IFA I would always advise treating classic cars or motor-bikes in the same way as art & fine wines i.e. relatively high risk due to market unpredictability.
chrisg
Head Pro
that's probably the best approach I agree - but as per my edit, I've never bought one as a an investment, but because my hobby is/was aircooled VW's (and the Porsche)... i suppose i'd go long term on property if i was actually investing.
19thagain
Head Pro
Find a area with lowish house prices and decent renting income - not the Home Counties - and use all income from the rent to overpay the outstanding mortgage every month.
Reducing the loan as much as possible pre mortgage rate increase and thereby reducing the loan term and of course interest charges on reduced loan get lower so more capital paid off each month by continuing to pay the full rental income.
House price increases, rent increases and outstanding loan reduces!
Once enough in kitty, re borrow and repeat the above exercise.
Look out retirement here we come with loads on money!
Reducing the loan as much as possible pre mortgage rate increase and thereby reducing the loan term and of course interest charges on reduced loan get lower so more capital paid off each month by continuing to pay the full rental income.
House price increases, rent increases and outstanding loan reduces!
Once enough in kitty, re borrow and repeat the above exercise.
Look out retirement here we come with loads on money!
gripitripit
Tour Rookie
If it's £25k to tie up for years then I would buy gold.
Doon frae Troon
Ryder Cup Winner
Lots of folk thought like that pre 2008.
My daughter bought just before the market crash and her house is still worth £20k less than what she paid for it. [and she bought well!]
