How should I invest £30k?

Ayahuasca said:
What breaks regularly that requires fixing? My father has a number of BTL properties and can probably count on 2 hands the amount of times he's been called up to fix things over the past 3 years.

That being said, it wouldn't be advisable to manage a BTL yourself from many miles away.
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thats probably due to not being reported, there's always stuff breaking. Usually a 5 min fix and next to no cost. but in the last few months.
kitchen floor peeling up, leaky tap, tap handle becoming lose. Cold water pipe suddenly started knocking. Fence panel finally giving up, shower needing new silicon seal etc.
 
No his tenants are quite fussy actually and usually report the smallest of issues, one of them can't even operate the alarm correctly despite being shown multiple times.
 
Well the condition of the property is a factor there (and type of tenants), would certainly have been a few calls a year to the landlord in the rented property I had when first moving to London, though when I was a student we didn't bother the landlord much at all, mostly because it was dirt cheap and we didn't really care.
 
Properties are below average price for the North East, 2 and 3 beds in an ex mining town with working class tennants, who knows maybe people just aren't as fussy up North :p :D

Anyway I best stop before Fox comes in and tells me my Dad is a parasite.
 
crinkleshoes said:
I stick my money in a managed fund that deals mostly with ForEx... very good returns, it's averaged 20%/month since the start of the year.

A friend of mine has been doing it much longer and he's seen the same average return over a longer period.
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Would also be interested in the name of this..
 
Kreeeee said:
Is there a particular reason you don't name the fund?
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because it is likely dodgy as ****

seriously, running a 'fund' that averages 20% a month from FX - why would someone need to look for client funds (from individual investors) if they were doing that well?

probably some Indians on some retail FX platform managing not very much
 
Ayahuasca said:
What breaks regularly that requires fixing? My father has a number of BTL properties and can probably count on 2 hands the amount of times he's been called up to fix things over the past 3 years.

That being said, it wouldn't be advisable to manage a BTL yourself from many miles away.
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Shhh, the resident experts are here now to tell you you're wrong, don't give us your opinion.

dowie said:
utterly pointless to buy a 200k flat now
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Fully qualified PFA right here
 
You seem a bit peeved that others don't agree with you, I've simply presented an argument and you're responding with sarcasm "good chat" etc.. it is a bit sad tbh..
 
dowie said:
You seem a bit peeved that others don't agree with you, I've simply presented an argument and you're responding with sarcasm "good chat" etc.. it is a bit sad tbh..
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It's just you Dowie, your username seems to regularly pop up in threads stating people are wrong like you are a font of all knowledge. It would all be fine, but what qualification or experience do you hold that places you in such holier than thou positions every time? Are you a PFA? Do tell, what experience do you hold in investing several thousands and successfully so? Are you a property market expert? Do you advise many people how to invest? Please, validate your position to cast other peoples opinion as tripe or instead, please just post your own advice and leave other people alone and shut up. You are eager to disagree and 1up and it's all usually based on your own assumption. I find that quite sad.
 
I am beginning to consider putting it into a fund slightly more than I have done since posting this thread and the VanGuard products available do look quite good. I would still want some exposure to a tech ETF for now as well though. If I do go down this route, then I would also put £4k into the help to buy ISA because there's no risk and the return is 25%.

However, I do still wish to evaluate a property investment and compare this to what I'd probably achieve with the strategy above. I do not intend to live in the house and I will want a place of my own in ~5 years. I'll also remain conscientious of any fees involved as well so as to not 'sway the results'. I do think evaluating a property investment is an inexact science though and there'll be quite a bit of uncertainty around the return... By the same token, perhaps the risk adjusted reward means investing in property might not be worth it.

For clarification, if I was to go down the BTL route I would want it within the county so it's not too much of a headache to reach.
 
Tingle said:
I am beginning to consider putting it into a fund slightly more than I have done since posting this thread and the VanGuard products available do look quite good. I would still want some exposure to a tech ETF for now as well though. If I do go down this route, then I would also put £4k into the help to buy ISA because there's no risk and the return is 25%.

However, I do still wish to evaluate a property investment and compare this to what I'd probably achieve with the strategy above. I do not intend to live in the house and I will want a place of my own in ~5 years. I'll also remain conscientious of any fees involved as well so as to not 'sway the results'. I do think evaluating a property investment is an inexact science though and there'll be quite a bit of uncertainty around the return... By the same token, perhaps the risk adjusted reward means investing in property might not be worth it.

For clarification, if I was to go down the BTL route I would want it within the county so it's not too much of a headache to reach.
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MG42Maniac suggestion is pretty thought out.

My stepdad has been a FA for over 2 decades now and he has always told me to spread risk but it depends what your personal appetite for risk is I guess. You could put some in low, some medium and some high. I wouldn't put it all in one fund though, that goes against his advice of spreading risk.
 
if you want to invest in property but don't wont the hassle of being the landlord then there are options like https://propertymoose.co.uk (Looked at them a fair few times but never invested in them so far, I see it as to risky currently until brexit fall out happens ) there are others as well, or if you are happier with funds, there are property funds as well.
 
RoboCod said:
It's just you Dowie, your username seems to regularly pop up in threads stating people are wrong like you are a font of all knowledge. It would all be fine, but what qualification or experience do you hold that places you in such holier than thou positions every time? Are you a PFA? Do tell, what experience do you hold in investing several thousands and successfully so? Are you a property market expert? Do you advise many people how to invest? Please, validate your position to cast other peoples opinion as tripe or instead, please just post your own advice and leave other people alone and shut up. You are eager to disagree and 1up and it's all usually based on your own assumption. I find that quite sad.
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I think you need to chill out tbh.. if people disagreeing with something you've posted gets you worked up then GD perhaps isn't a healthy place for you to be. I wasn't rude, I wasn't saracstic and I put forth a clear argument - if you've got an issue with that then the problem is on your side. No I'm not a 'PFA' do you mean 'IFA'? If you really want to know I've got a similar qualification (the old SII exams and worked in an advisory role previously but this isn't relevant to what I've specifically posted about) - you're essentially asking for an argument from authority whereas what I've posted (simply an argument re: buying a house) doesn't require that.
 
Glaucus said:
if you want to invest in property but don't wont the hassle of being the landlord then there are options like https://propertymoose.co.uk (Looked at them a fair few times but never invested in them so far, I see it as to risky currently until brexit fall out happens ) there are others as well, or if you are happier with funds, there are property funds as well.
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On the flipside, what if he locked into a fixed mortgage now before Brexit, at least he knows what he is paying out well after Brexit?
 
RoboCod said:
MG42Maniac suggestion is pretty thought out.

My stepdad has been a FA for over 2 decades now and he has always told me to spread risk but it depends what your personal appetite for risk is I guess. You could put some in low, some medium and some high. I wouldn't put it all in one fund though, that goes against his advice of spreading risk.
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From what I can see the VanGuard funds are pretty well diversified as it is, someone posted a link earlier on in the thread if you're interested in looking. But your stepdad is definitely right about spreading risk.

RoboCod said:
On the flipside, what if he locked into a fixed mortgage now before Brexit, at least he knows what he is paying out well after Brexit?
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You have a good point but will fixed rate mortgages not already be accounting for a rise in interest rates anyway?

Glaucus said:
if you want to invest in property but don't wont the hassle of being the landlord then there are options like https://propertymoose.co.uk (Looked at them a fair few times but never invested in them so far, I see it as to risky currently until brexit fall out happens ) there are others as well, or if you are happier with funds, there are property funds as well.
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That's quite interesting, I never considered that. I'll look into it, thanks.
 
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