What would you do with 250k ?

moose88_2

paddyrg wrote: »

Make a feature film! A good producer could lever that 250k into a reasonable sized film!

sounds interesting - just wondering are you being serious with this suggestion?

padington

Any suggestion for a Balanced two year portfolio of that can be liquidated at a moments notice ?

Linton

padington wrote: »

Any suggestion for a Balanced two year portfolio of that can be liquidated at a moments notice ?

Any fund (if that's what you mean by a "Balanced two year portfolio") can be sold immediately. The cash takes a few days to come through.

However this is highly risky - if you are only investing for 2 years or less there is a good chance that the price you get will be less than the price you paid.

There is no way to safely get a return in excess of bank deposit rates unless you are prepared to invest for say > 5 years.

Loughton_Monkey

padington wrote: »

I appreciate i should speak to an IFA but would like to hear independent opinions also.

Absolutely excellent slur on IFA's. Well done!

I note that none of them have picked you up on this.

soulsaver

If by 'cheap house association' you mean social/subsidised/aimed at the not-so-well-off, I think the honourable thing you should do is vacate it; not even consider investemnt alternatives.
As a general statement I think the 'council house for life' is an unjustified scam, incentivised by the 'right to buy' theft from the taxpayer. The right to a council house should be means tested regularly and people found to have the means told to give it up and let the more needy have it.

padington

Linton wrote: »

Any fund (if that's what you mean by a "Balanced two year portfolio") can be sold immediately. The cash takes a few days to come through.

However this is highly risky - if you are only investing for 2 years or less there is a good chance that the price you get will be less than the price you paid.

There is no way to safely get a return in excess of bank deposit rates unless you are prepared to invest for say > 5 years.

I think saving in a current account paying less interest than real inflation or buying property in an era of stagflation is a risk also. I'm happy to look at options.

What funds would people suggest specifically for a 250k punt that the property market is in decline. I appreciate this is a more risky road to take. I have no dependents, my decision will effect no one else but me.

nearlyrich

To answer your question I would invest it in bonds etc and give my notice at work then start my lifestyle business that may or may not bring in enough to keep me in shoes. What I don't know is how old you are whether you have a decent career and what your attitude to risk is. IFA means Independent Financial Advisor they are all independent and they will give you advice based on your circumstances which we don't know.

padington

soulsaver wrote: »

If by 'cheap house association' you mean social/subsidised/aimed at the not-so-well-off, I think the honourable thing you should do is vacate it; not even consider investemnt alternatives.
As a general statement I think the 'council house for life' is an unjustified scam, incentivised by the 'right to buy' theft from the taxpayer. The right to a council house should be means tested regularly and people found to have the means told to give it up and let the more needy have it.

I agree. If I invest it will be also with the view to work and travel and return the flat back to the state. I look forward to being able to do this with the same good faith that it was passed to me. The desire to travel partly explains my desire to find an 'investment' based solution as i would prefer not to have to worry about maintenance of a property whilst overseas.

padington

nearlyrich wrote: »

To answer your question I would invest it in bonds etc and give my notice at work then start my lifestyle business that may or may not bring in enough to keep me in shoes. What I don't know is how old you are whether you have a decent career and what your attitude to risk is. IFA means Independent Financial Advisor they are all independent and they will give you advice based on your circumstances which we don't know.

I'm 38, footloose and fancy free. Currently healthy (but not sure the london life will keep me this way). I Currently have a decent 30k job but feel the need to spice up my life a little. I would be very happy teaching English overseas and happy to role the travelling dice for a while and see what happens. I have a hobby arts based business / web site that can bring in money but i've not concentrated enough on making it work, whilst traveling this can also bring in the bacon and maybe really take off with some love.

jimjames

I'm not sure which funds would be a punt on the property market declining other than short selling property companies but the suggestion I made above would give a balanced portfolio generating an income from shares.