Let's say you're intrusted with £250k, and you want to secure an income from it, how would you invest the money?
£50k in each group of banks collecting 2-3% if you're lucky on a 5 year bond?
( G/PP 💩💩💩💩💩&#128, Fri 11 Jun 2010, 16:04, 1 reply, 16 years ago)

I'd buy shares,
I wouldn't buy a single £250,000 property.
(PsychoChomp, Fri 11 Jun 2010, 16:06, Reply)

but three properties for *does maths* £83k each
wouldn't be a bad investment.
( Kitty v1.0 desperately naive, Fri 11 Jun 2010, 16:07, Reply)

83k wouldn't buy you a mobile home 'round here :(
£110k minimum for a tiny studio apartment in my town.
( Labia Majora You keep on talking but it makes no sense at all, Fri 11 Jun 2010, 16:08, Reply)

You can double those figures around here.
=(
( G/PP 💩💩💩💩💩&#128, Fri 11 Jun 2010, 16:10, Reply)

Christ, which bit of London do you live in?

( Labia Majora You keep on talking but it makes no sense at all, Fri 11 Jun 2010, 16:11, Reply)

A well specced new 1 bed near me sold for £320k...

( Naked Ape call me Caitlyn, Fri 11 Jun 2010, 16:12, Reply)

Jebus, what a rip off

( Kitty v1.0 desperately naive, Fri 11 Jun 2010, 16:23, Reply)

Southgate.
It's quite a nice area, but it's no Hampstead.
( G/PP 💩💩💩💩💩&#128, Fri 11 Jun 2010, 16:14, Reply)

*looks on RightMove*
www.rightmove.co.uk/property-for-sale/find.html?locationIdentifier=OUTCODE^1671&insId=1&sortByPriceDescending=false

Slight exasoration, but only slight.
( G/PP 💩💩💩💩💩&#128, Fri 11 Jun 2010, 16:16, Reply)

We don't all live in the third world.

(PsychoChomp, Fri 11 Jun 2010, 16:10, Reply)

I forgot you weren't aware of anywhere outside of your lame ass town.

( Kitty v1.0 desperately naive, Fri 11 Jun 2010, 16:20, Reply)

Shares can go down just as much as they can go up.
Shares, on that scale, with that responsibility, would be quite a bad choice. You're relying on another company to do well in order to make any sort of return.
( G/PP 💩💩💩💩💩&#128, Fri 11 Jun 2010, 16:09, Reply)

You can sell short as well.
Plus you can get rid of shit shares much quicker than shit property.
And I wouldn't have to deal with estate agents.
(PsychoChomp, Fri 11 Jun 2010, 16:12, Reply)

For securing an income, I wouldn't mind speaking to an estate agent or two.

( G/PP 💩💩💩💩💩&#128, Fri 11 Jun 2010, 16:22, Reply)

Far greater minds than his have suggested it is a good investment
so I'm more inclined to believe the charities are right rather than an opinionated paperclip salesman.
( Kitty v1.0 desperately naive, Fri 11 Jun 2010, 16:22, Reply)

haaaaaaaa!
you made me laaaaaarf there!
( blaireau69 , the Cumbrian Travis Bickle., Sat 12 Jun 2010, 0:27, Reply)