How would you invest £40,000ish?

VoG · 29 Mar 2011 at 10:38

right now, if i was in it for the long haul, as in 5+ yrs, ide actually invest in RBS.

[Olly] · 29 Mar 2011 at 10:38

Use it to pay off my mortgage.

Russinating · 29 Mar 2011 at 10:41

I'd put £10.2k in an S&S ISA to play with, £20k in a savings account waiting for a house deposit and £9.8k to have some fun with for the next few years.

Theophany · 29 Mar 2011 at 10:42

Duke said:
I'd put it into a managed fund.

krooton · 29 Mar 2011 at 10:43

Stelly said:
I would pay some of my mortgage off....

Stelly

Trifid · 29 Mar 2011 at 10:48

Sounds like a nice 25% deposit + furniture.

aardvark · 29 Mar 2011 at 10:48

i sure as hell wouldn't 'invest' it in property.

the gov is started up index linked ns&i certificates - best safe option.

then you have gold/silver

then you have shares.

as long as you know what you are doing you can easily make more than a bank account.

Adam · 29 Mar 2011 at 11:17

MatteH Oxford said:
Houses look like a fantastic investment at the moment (for short sellers/spread betters )

http://www.landreg.gov.uk/assets/library/documents/HPI_Report_Feb_11_x1p5cst.pdf

So your chart shows that house prices are down between 12% and 20%. An indexed chart is hardly a compelling argument.

Jakeee said:
First time buyers, students, people who split up, lost house . . .

So if they couldn't afford to buy the house when it was £50k, how can they afford to buy the house once you have added the work that needs to be done + profit?

Jakeee · 29 Mar 2011 at 11:23

Adam said:
So if they couldn't afford to buy the house when it was £50k, how can they afford to buy the house once you have added the work that needs to be done + profit?

I was talking about renting, invest in a house and rent it out. Rent is and a high and house prices are pretty low. So I would make money renting, whilst watching the price of the house slowly increase each year

The only time I'd sell is when prices are high and I've found something better to invest instead (Holiday locations)

Talbs13 · 29 Mar 2011 at 11:27

Casino - £40,000 All on Black.

burtie · 29 Mar 2011 at 11:27

The money would make a nice deposit on a house for my family. So we could move from this rat invested mould infested noise infested crap hole we live in.

britboy4321 · 29 Mar 2011 at 11:30

All in property

Either

1) Deposit
2) Paying off mortgage
or
3) Towards a nicer house

..

Deleted member 77746 · 29 Mar 2011 at 11:31

Why do these threads turn up time and time again when the people posting the threads don't have that sort of money.

On the other hand, if people do win money then the thread could be "I have just won XXXX amount, what can I do with it" thread.

Adam · 29 Mar 2011 at 11:38

Jakeee said:
I was talking about renting, invest in a house and rent it out. Rent is and a high and house prices are pretty low. So I would make money renting, whilst watching the price of the house slowly increase each year The only time I'd sell is when prices are high and I've found something better to invest instead (Holiday locations)

That's fine but what happens if you have a gap in rent for x months? Unless you have a well paid job and can comfortably cover your own mortgage then this may cause problems.

JeffH · 29 Mar 2011 at 11:43

Seriously look into buying houses in China. A long term investment, but when things boom there you'll be able to retire early.

boxman2000 · 29 Mar 2011 at 11:46

Jakeee said:
A house, preferably near a university. You'll make income with rent and the house price will increase each year when the economy picks up. This is my plan in the future

I had the opportunity of doing this a few years ago in Southampton. 4 bedroom place and I would have done very well out of it.

I know of people with dozens of these properties and they are making a fortune!

Jakeee · 29 Mar 2011 at 12:06

Adam said:
That's fine but what happens if you have a gap in rent for x months? Unless you have a well paid job and can comfortably cover your own mortgage then this may cause problems.

I will turn it into a brothel.

TheDean · 29 Mar 2011 at 12:15

Depends entirely on your attitude / appetite for risk.

Personally I would invest 20k in high quality good divident paying shares: RDS, Vodaphone, Aviva, Centrica, BHP Billiton etc. £2.5k Uk smaller Companies fund; £2.5k US Fund; 2.5k Europe Fund; 2.5k Emergining Markets Investment Trust.

Please not, this is not advice, and merely for entertainment purposes or something like that. May get back less than invested etc etc

MatteH Oxford · 29 Mar 2011 at 12:15

Adam said:
So your chart shows that house prices are down between 12% and 20%. An indexed chart is hardly a compelling argument.

It shows current prices compared to peak prices for 3 different indexes, they went down then up a bit & the trend is again down. For all three.

Pretty compelling in my book.

jamief · 29 Mar 2011 at 12:17

Probably put 90% of it into a low fee fund (something from Vanguard for example), with the rest being dabbled readily on some volatile AIM mining stocks