Investing

[Bigbob]

If you had £75.000 to invest what would you  do with it . Im being aimed towards long term investment 5 years mimium  then they suggested premium bonds my mate invested £50.000 and won £775  in a year even the banks dont pay that much and you still got the value of the bonds . Last time i invested money was 30 years ago and tied it up in the footsie 100  it did okay but now the intrest rates are rock bottom 

 

[Medic1281]

Following this with interest. Although remember that all advice is worth what you pay for it! 

[oowee]

Premium bonds 1% return. Cash savings 1.45% 2/3 yr hold. Inflation (CPI) 2%.

Investing depends on what you want and when you want it, how much risk you can stomach and then to decide the most likely way to achieve what you want.

I have done well investing in large warehouse's, doctors surgery's and student accommodation through real estate investment trusts. Also some of the Exchange traded funds in Tech have done very well. 

Take a look at https://www.youinvest.co.uk/

Lots of helpful straight forward and simple information. 

[NorfolkAYA]

I would put a proportion into crypto. Alot of the big investment companies are now starting to go this route. L&G being one of them. 

[robbiep]

17 minutes ago, NorfolkAYA said:

I would put a proportion into crypto. Alot of the big investment companies are now starting to go this route. L&G being one of them. 

Problem with crypto is that it can be used by lots for money laundering. All you need is for the US Gov't to rule that it's illegal and the value crashes - permanently - instantly.

If you're looking for long-term investment then a basic FTSE / world tracker with low fees is as good as you're going to get - yes, there are risks in the short term, but long-term the blue-chip stock market is the best place to be.

You could go for smaller companies, and the potential for more reward, but that also means more risk

As to people saying 'When should I invest", or "Should I wait for a dip before investing", there's a saying :

Time in the market is more important than timing the market

[ditchman]

buy land ...they dont make it anymore

[Mungler]

I would find out where the government are planning on housing the Afghanistan refugees (likely to be down market sea side towns) and I’d buy a B2L gaff there.

 

[mgsontour]

The problem with the answers are your asking what we would do with £75k thus we don't know if that's all you have nor do you know if we have more than £75k top all this with how old you are and what you want to do with the rest of your life.

There are many many things you can do but unfortunately you need to give up more information to get an accurate answer

 

[yates]

46 minutes ago, Mungler said:

I would find out where the government are planning on housing the Afghanistan refugees (likely to be down market sea side towns) and I’d buy a B2L gaff there.

 

Mungler makes a very good point. But research Sheffield and Rotherham as these councils tend take a lot of refugees 

[Smokersmith]

Based on the last 5 years…. cartridges would do OK!!

[ditchman]

1 hour ago, Mungler said:

I would find out where the government are planning on housing the Afghanistan refugees (likely to be down market sea side towns) and I’d buy a B2L gaff there.

 

Jaywick ?

[Jaymo]

19 minutes ago, ditchman said:

Jaywick ?

That gets you the whole of Jaywick

[mel b3]

1 hour ago, ditchman said:

Jaywick ?

 

56 minutes ago, Jaymo said:

That gets you the whole of Jaywick

i like jaywick . i just have a thing for classy women .

[Bigbob]

3 hours ago, mgsontour said:

The problem with the answers are your asking what we would do with £75k thus we don't know if that's all you have nor do you know if we have more than £75k top all this with how old you are and what you want to do with the rest of your life.

There are many many things you can do but unfortunately you need to give up more information to get an accurate answer

 

Say 60 years old retirement lump sum and plan to live off of 2 pensions till old age pension kicks in , taking bigger lump sum and smaller pension as anything above £12.500 you would pay tax again and no mortage  so pension should do it . got free bus pass as well so car could go LOL 

[ditchman]

2 hours ago, mel b3 said:

 

i like jaywick . i just have a thing for classy women .

big ginger market jaywick is

 

god ...that sounds soooo yoda ..

[mel b3]

5 hours ago, ditchman said:

big ginger market jaywick is

 

god ...that sounds soooo yoda ..

Lots of big gaps to fill their is 😊

[NorfolkAYA]

13 hours ago, robbiep said:

Problem with crypto is that it can be used by lots for money laundering. All you need is for the US Gov't to rule that it's illegal and the value crashes - permanently - instantly

Can't see that I'm afraid, JP Morgan have just released there own fund, following the likes of Goldman Sachs, Standard Charter, fidelity etc. Also talks of USA and UK developing there own coin. 

As for money laundering, to set up a trading account you do the exact same procrss as for setting up any other bank account. 

[Mungler]

13 hours ago, ditchman said:

Jaywick ?

You know what, Yes.

I’ve seen commercial property consortiums wade in, buying up houses for £50k.

They’ve worked out that at that price they don’t need a big rent for a decent return and there’s a better chance of capital growth.

You buy a £50k gaff and it’s £60k a year later (which is perfectly possible in the South East) and that’s with a 20% return on capital and rent along the way.

Failing that, look at the towns on the Jaywick borders - nice bit of the country and suppressed prices only because of Jaywick 😀

Hilariously, Canvey Island is now a boom town as the North London Jewish community have been buying up every property that has gone up for sale. 

[Mungler]

2 hours ago, NorfolkAYA said:

Can't see that I'm afraid, JP Morgan have just released there own fund, following the likes of Goldman Sachs, Standard Charter, fidelity etc. Also talks of USA and UK developing there own coin. 

As for money laundering, to set up a trading account you do the exact same procrss as for setting up any other bank account. 

 
I wouldn’t touch anything I can’t erm ‘touch’ or don’t properly understand.

These are like penny shares of old - it’s demand and speculation firing up the price of something which is intangible and doesn’t actually exist anywhere. 

Good luck to anyone who can make a red / black type of casino bet on them and a quick buck, but there can be no underlying long term strategy for investing and as they say, past performance is no indication of future performance. My bet, first sign of a market wobble / collapse / economic recession and people will cash out their e-coins and buy something inflation proof and tangible like gold. 
.

Edited August 20, 2021 by Mungler

[discobob]

take out a long term lease on a house/s - cram as many beds into it as you can - and then let it out on Air B&B et al. This is what a company my wife does work for started off doing. They are now buying houses and doing them up for exactly the same process but for a higher end market. Obviously this has to be in an area where you would get take up of it.

I have actually considered doing it for our house - and buying another house for us to live in - I recon we could make £3k a month on the property averaged out over a year. Only thing stopping me is our neighbors who we think the world off...... So possibly considering buying (or leasing) a house and doing the same thing. 

[cardigun]

In the Stock market, research the companies looking into "Solid State Batteries".  These will be the real solution for electric cars, and no foreign mining for materials.

[Vince Green]

5 hours ago, NorfolkAYA said:

Can't see that I'm afraid, JP Morgan have just released there own fund, following the likes of Goldman Sachs, Standard Charter, fidelity etc. Also talks of USA and UK developing there own coin. 

As for money laundering, to set up a trading account you do the exact same procrss as for setting up any other bank account. 

There is a massive difference between cryptocurrency and digital currency.

Cryptocurrency is from the dark side

[oowee]

14 hours ago, Bigbob said:

Say 60 years old retirement lump sum and plan to live off of 2 pensions till old age pension kicks in , taking bigger lump sum and smaller pension as anything above £12.500 you would pay tax again and no mortage  so pension should do it . got free bus pass as well so car could go LOL 

Easy enough to not have to pay tax with the lower numbers. Money paid into a SIPP will earn tax relief on the way in and money in ISA will be tax free on the way out. Combined drawing largely SIPP prior to State pension can be done to avoid crossing the tax threshold. 

For example £12500 sipp drawing plus £12500 ISA would give you £25k pa tax free. Retiring at 60 would be say 7 years before state pension so you would need £12500 * 7 £87.5k which would cost you @ £55k in savings at basic rate tax relief in a SIPP rather than the £87.5k in an ISA.

Not quite as simple as that setting aside capital growth and divi's but you get the idea. 

Also you may want to think about tapering spend so more early on and less as activity decreases. 

[ShootingEgg]

21 hours ago, ditchman said:

buy land ...

This. You may not get any return until you sell but you won't come out with the same or less than bought for

[mel b3]

7 hours ago, Mungler said:

You know what, Yes.

I’ve seen commercial property consortiums wade in, buying up houses for £50k.

They’ve worked out that at that price they don’t need a big rent for a decent return and there’s a better chance of capital growth.

You buy a £50k gaff and it’s £60k a year later (which is perfectly possible in the South East) and that’s with a 20% return on capital and rent along the way.

Failing that, look at the towns on the Jaywick borders - nice bit of the country and suppressed prices only because of Jaywick 😀

Hilariously, Canvey Island is now a boom town as the North London Jewish community have been buying up every property that has gone up for sale. 

I've seen jaywick on the telly box . I reckon the houses were worth 50k when they were new  ,  but they're worth about 10k now , and nobody in jaywick ever paid the rent 😅.