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By *sianManc OP Man
over a year ago
Manchester |
Any investors here or financial advisors or have experience in such?
Wondered if someone was making money in today's economic climate what advise would you dish out to help them invest wisely and make their money work effectively for them? |
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"Both was what I was thinking but doeant the market outperform property?
Land is a good option."
My thoughts are
Asset spreading I understand it is wise to invest or divest in a variety of asset classes x |
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"Bricks and mortar ! I used to invest in shares and hedge funds but now by property up north and then rent to government agencies."
Interested to learn more about this, I’ve wanted to get into property investment/development for so long now |
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By *sianManc OP Man
over a year ago
Manchester |
"Bricks and mortar ! I used to invest in shares and hedge funds but now by property up north and then rent to government agencies.
Interested to learn more about this, I’ve wanted to get into property investment/development for so long now "
Too many fake companies out there selling little for taking your money to learn all this. |
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By *rHotNottsMan
over a year ago
Dubai & Nottingham |
"Any investors here or financial advisors or have experience in such?
Wondered if someone was making money in today's economic climate what advise would you dish out to help them invest wisely and make their money work effectively for them?"
No and not really
Nothing new to say, investing is still for the long term, S&S always outperforms property and is more liquid. if you have spare cash and don’t want to lose it put it in a Marcus or something for 2% or pay off your debts / mortgage. P2P loans is still high risk but might get you 7%. If you lie awake at night worrying about another 2008, buy some VAT free gold and put in a safety deposit box
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By *rHotNottsMan
over a year ago
Dubai & Nottingham |
"Both was what I was thinking but doeant the market outperform property?
Land is a good option.
My thoughts are
Asset spreading I understand it is wise to invest or divest in a variety of asset classes x"
Correct.... like in p2p offer just a £100 loan part to 100 businesses instead of £10K to one business, to achieve 1% exposure to the market. 100 other lenders do the same everyone is diversified |
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"Bricks and mortar ! I used to invest in shares and hedge funds but now by property up north and then rent to government agencies."
Be interested to hear more on what government agencies you rent to? The big emerging market is emergency housing ... got money to invest so looking at all options |
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By (user no longer on site)
over a year ago
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"Bricks and mortar ! I used to invest in shares and hedge funds but now by property up north and then rent to government agencies.
Interested to learn more about this, I’ve wanted to get into property investment/development for so long now "
NEPI check them out |
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My first port of call was using my ISA limit.
Then rental property I’m lucky to live near a town over the border in Northants where I was able to pick up some cheapies properties ideal for renting to commuters.
I also put a chunk in premium bonds but as they have slashed the interest and winning odds I’m looking to shift it into something else. I have been researching the next big pharma breakthrough and may spread it a little. |
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By (user no longer on site)
over a year ago
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The stock market has taken a beating the past few days.
On opening yesterday and today it dropped by about 2.5%
Coronavirus really isn’t helping, Tesla for example took a major hit on market opening, it’s bubble is certainly popping.
And also crypto currency took a hit of around 10% yesterday.
There’s always buying property to rent out, but you need a hefty chunk of cash to put down, or you could look into renovation.
In terms of more easy access safe ways of storing money. Some bank accounts will give an ok interest rate, Santander do 1.5% at the moment up to £20k but that’s been cut to 1% this spring.
ISA interest rates are worthless unless you’ve got a long long term locked account, my daughter gets 3.25% On a junior ISA that’s locked for another 17years and premium bonds aren’t really worth it unless you’ve got more than £15k to put it.
There’s always red or black on the roulette wheel  |
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By (user no longer on site)
over a year ago
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I find if you spread your portfolio over several investments ranging from property , shares that pay a dividend and then add a couple of solid shares in there to go a long with a few high risk or even some penny shares then your spreading your risk well ! The reason I like property so much is I can see money going in my bank every month and with these properties I have 5 year fixed contracts in places |
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This is comment not advice and is without prejudice or any responsibility.
Stocks are definitely a long term thing actually as the market is falling now is not a bad time to buy a spread or into a fund, the question is how far its going to fall and when is the optimal point to jump in.
If you look historically stocks jump a lot year to year 2008 and 2018 saw big falls. December 19 to mid January 2020 saw a good rise so recent falls are not that bad.
You also have to look at management fees as bad managers churn investments charge fees and people lose out.
The general advice seems to be spread your risks never put your eggs in one or a few baskets!
Avoid commitment error and do not invest more in risky assets to prop them up (especially in crowd funding or penny shares).
Property has traditionally been relatively stable and comes in many forms.
There is a lot of uncertainty still so anything could happen in the short term. |
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"Bricks and mortar ! I used to invest in shares and hedge funds but now by property up north and then rent to government agencies.
Interested to learn more about this, I’ve wanted to get into property investment/development for so long now NEPI check them out "
Will do, thanks! |
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By *rHotNottsMan
over a year ago
Dubai & Nottingham |
"Ex banker and financial advisor there's always some good options I'm always happy to give you some tips or opinions "
Income from lump sums
Uk has sone guaranteed income bonds with NS&I paying 6.02. Or Franklin USD currently on 8.02 via HSBC jersey.
What do you think ? |
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"Ex banker and financial advisor there's always some good options I'm always happy to give you some tips or opinions
Income from lump sums
Uk has sone guaranteed income bonds with NS&I paying 6.02. Or Franklin USD currently on 8.02 via HSBC jersey.
What do you think ? "
I thought their highest interest at the mo is the 3yr green one which is 5.70. I may be wrong though |
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Never invest what you cannot afford to lose. Sirius Minerals is one horror story which should not be repeated. People invested their pensions and life savings in that companies shares only to lose the lot. |
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