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Advice and Opinions Wanted

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Comments

  • BTman
    BTman Posts: 354 Forumite
    Uniform Washer
    Just to add to the moneywasting comments ;)
    You should really spread your investment to minimise the risk, and possibly make a killing elsewhere...
    Your and your partners combined tax free, no interest (because you are not borrowing) ISA allowance is 14K a year;)
    You could weigh your investment towards property, if you feel so.
    If you trust your partner, (and she trust's you)...
    All you are doing by taking out more and more mortgages is paying the bank lots of money in interest. Why do that?
    Good luck.
  • MrChips
    MrChips Posts: 1,067 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    If this indicative of the financial logic out there, I now understand why property prices keep rising the way they seem to ;)
    If I had a pound for every time I didn't play the lottery...
  • Alan_M_2
    Alan_M_2 Posts: 2,752 Forumite
    MrChips wrote:
    If this indicative of the financial logic out there, I now understand why property prices keep rising the way they seem to ;)

    This is kind of what I've been getting at....but for some reason people seem to assume everyone is financially astute.......

    I dunno....there are plenty of investment vehicles that right now look more attractive then property.
  • nordberg
    nordberg Posts: 333 Forumite
    Alan_M wrote:

    I dunno....there are plenty of investment vehicles that right now look more attractive then property.

    Such as? What can you tell me about that will give me anything like the return of had on my property. I'm not doubting you, I genuinely would like to know.
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