Best + safest way to invest 150k pounds in the UK?
#16
Re: Best + safest way to invest 150k pounds in the UK?
I'd buy a couple of E-type Jags and put them in longterm storage. Admittedly,a high risk strategy and possibly the best gains have already been and gone. (the current mayhem doesn't help confidence) and caveat emptor. In fact I might have already talked myself out of it Who TF knows in these crazy times.
P.S. My ridiculous conclusion has come about after buying a brace of old mk1 minis 10yrs ago and seeing them transform from old throwaway junk into 'classic 60's British iconic transport', (but still more than just a little bit sh*t).
It was nostalgic fun to begin with ...
P.S. My ridiculous conclusion has come about after buying a brace of old mk1 minis 10yrs ago and seeing them transform from old throwaway junk into 'classic 60's British iconic transport', (but still more than just a little bit sh*t).
It was nostalgic fun to begin with ...
#19
Re: Best + safest way to invest 150k pounds in the UK?
the returns on deposits or bonds are (historically) relatively low. Assuming you are leaving the pounds in the UK because 1) you don't know where you are going to end up & 2) post brexit, the pound is at 30 year lows.
Your end result will more likely be enhanced in terms of as & when you exchange pounds for another currency?.....at some point within the next 2 years the pound will rally and recover lost ground (it might even end up stronger against Euro & AUD). On this basis, your exit point/strategy will extenuate your returns not the yield/div you are likely to receive, in the holding period.....so go for the most safe/tax effective deposit/bond and focus on the FX.
Your end result will more likely be enhanced in terms of as & when you exchange pounds for another currency?.....at some point within the next 2 years the pound will rally and recover lost ground (it might even end up stronger against Euro & AUD). On this basis, your exit point/strategy will extenuate your returns not the yield/div you are likely to receive, in the holding period.....so go for the most safe/tax effective deposit/bond and focus on the FX.
#20
Lost in BE Cyberspace
Joined: Apr 2004
Posts: 10,375
Re: Best + safest way to invest 150k pounds in the UK?
57.6 p right now.
Hasn't got back to the highs of few years back when AUD was buying 66p.
Hasn't got back to the highs of few years back when AUD was buying 66p.
#21
Forum Regular
Joined: Jan 2008
Posts: 91
Re: Best + safest way to invest 150k pounds in the UK?
Maybe buy a house and rent it out? Capital value may or may not increase but it should bring in a good monthly income and you can sell if/whenever you wish.
#22
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: Best + safest way to invest 150k pounds in the UK?
That said there are plenty of studio places on the north which attract good yield and could be bought outright.
#23
Forum Regular
Joined: Jan 2008
Posts: 91
Re: Best + safest way to invest 150k pounds in the UK?
Yes and there are one or two places left further south where you can still buy a decent little 2-bed terrace/semi for 150k outright or less. We have just done so with over 6% yield.
#24
Re: Best + safest way to invest 150k pounds in the UK?
As Beoz said, a mortgage may be difficult to obtain, but if you're only buying one house/flat you also have all your eggs in one basket. Just one bad tenant, or other unpredictable issue - bad neighbour, accident/ catastrophe (making the home difficult/ impossible to rent), etc. and all your wonderful profit disappears, only to be replaced by a headache.
#25
Forum Regular
Joined: Jan 2008
Posts: 91
Re: Best + safest way to invest 150k pounds in the UK?
As Beoz said, a mortgage may be difficult to obtain, but if you're only buying one house/flat you also have all your eggs in one basket. Just one bad tenant, or other unpredictable issue - bad neighbour, accident/ catastrophe (making the home difficult/ impossible to rent), etc. and all your wonderful profit disappears, only to be replaced by a headache.
#27
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: Best + safest way to invest 150k pounds in the UK?
#28
Re: Best + safest way to invest 150k pounds in the UK?
If only there had been a way to reliably identify that one share at the start of the week. By reinvesting the proceeds of the previous week's investment, starting with only £1, I could have retired comfortably after six months, or rather extravagantly after eight months.
Last edited by Pulaski; Jul 10th 2016 at 3:32 am.
#30
Re: Best + safest way to invest 150k pounds in the UK?
Of course if you own a property anywhere in the world you will now pay the additional stamp duty levy in the UK for second homes don't forget!