Land Investments?

[PJGILL]

has anyone had any experience of Land Investments? What are the returns like? What are the risks and pitfalls?

Thanks

Phil

[dunstonh]

Naff, high and loads of pitfalls to answer the last 3 bits.

Most land in the UK is not ever going to be built on and odds are you will end up owning a small parcel that doesnt provide you any income and has very limited growth potential.

[Yant1]

What he says, plus id avoid anything related to credit, land or overpriced stocks right now since the stack of cards is falling down. Reportedly the bank of england is printing off virtual-electronic loans left-right-centre to help stop the banks going bankrupt after their period of bonus seeking pyramid selling. The bubbles got a big hole in it and the surface tension aint holding.

http://www.bbc.co.uk/blogs/thereporters/robertpeston/2007/09/banks_pyramid_scheme.html

http://news.bbc.co.uk/1/hi/business/6981285.stm

http://news.bbc.co.uk/1/hi/business/6983036.stm

Concentrate on gold, chinese economy and bank bonds right now. Research into "defensive strategys". Im only fairly young so ive never seen this sort of thing happen but having followed the markets being defensive IMO is the best strategy.