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We are selling a large house and will have 拢100,000 left to invest, what is the best way to invest this? |
We will also have approx 拢7000 a year savings to invest over and above, we will not need the money for 10 years although easy access will be a bonus. buy my business in greece so I can retire. Invest it in another real estate. That really depends on how safe you want to play the game. Diversifying your investment portfolio can keep you above water during an unstable market period. search around for a high interest account you could make a nice monthly interest what is the best way to invest this ? the safest investment is in secured savings accounts such as the "CD" commonly available in the US. These accounts are guaranteed to not go down in value. The interest income is not as high as for mutual funds and other investment. The stock market is a little uncertain at the moment and the buy to rent market is fairly over subscribed so I would be incredibly boring and opt for the best return on a deposit with one of the larger building societies. You will probably have to settle for 6% while you are keeping an eye on the market and property. 'You can invest 拢3000 each in a tax free ISA and there are some offering 8% ,plus if you do it now, you may be able to pick up last years allowance, making it 拢12000 in total. As for the rest, I have a similar problem. Financial advisors would suggest a balanced portfolio but when you get into it and see the fee structure!, a lot goes on those. In today's volatile market, I would look at putting about 50% in a good interest paying fund, transferring 拢6000 each year into ISAs No way to answer that question without getting more information from you. If you have a minimum of 10 years, you can put some of it to work for you in the stock market; look at American Funds. They're very conservative as mutual funds go, but have outperformed most other funds in the long term. But whatever portion of that money you want to keep liquid, I would suggest something like CDs or a high-yielding money market. The first rule of investing is to seek professional advise from a fully qualified Independent investment practitioner. If you needed your house rewired you would not ask a passer bye in the street, you would go to a electrician, same thing with money. American companies are doing just fine and the Fed is finding it difficult to keep the growth on targe. So Stocks can be good investment. Do some Options trading once in a while to protect the downside risk. Some in cash. Pickup growth stocks so that you get good value for money. Gold is not good since it is being regulated a little now. Euro is a transient phenomenon. It has grown to its full it looks like, unless the Oil producing countries switch to Euro to protect against expectations fears of dollar. Even then dollar is strong enough to hold. Some in Bonds, the interest rates are moving sideways and little up. So you get inflation hedged value in bonds. What you get on monthly savings you can put in some annuity bearing investments with Metlife or so. GET FOUR MORE PROPERTIES AT 10%-20% DOWN AND GET A TENANT PLACEMENT. AND HAVE THE TENANT PAY THE MORTGAGE. BUILD SOME EQUITY WITHIN THAT 10 YEARS YOU DON`T NEED THE MONEY AND WHEN YOU DO NEED THE MONEY PULL 80K FROM TWO AND BUY 4 MORE AND DO THE SAME THING OVER AND OVER AGAIN. tHEN YOU ARE A MILLIONAIRE IF NOT A BILLIONARE BY THEN.... i would buy to let, cant go wrong with property. If you want to play safe, I suggest sticking 拢30,000 on the maximum amount of Premium bonds you're allowed to own buy some other lands give it to me!!! i will invest it for you!!! |
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