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Help invest or not

I'm mortgage free at 30 as our family had a windfall after holidays and also rats I have £70k left should I buy another property to rent out or should I sit sweet I have a full time job and pension

Comments

  • jimjames
    jimjames Posts: 19,260 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    What other investments do you have?
    Do you want hands off investment or your own business? If you buy shares you can sell some if you need cash, you can't do that with a house.

    PS I don't understand windfall from rats?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • ColdIron
    ColdIron Posts: 10,330 Forumite
    Part of the Furniture 10,000 Posts Hung up my suit! Name Dropper
    Signed up and posted a garbled message late Friday night, doubt we'll see much more from the OP :)
  • lpgm
    lpgm Posts: 359 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Help! Punctuate or not?
  • TCA
    TCA Posts: 1,627 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Rockedout2 wrote: »
    ......as our family had a windfall after holidays and also rats

    Forget property and invest in some pest control. Or call Rentokil.
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