100K investment for 3-5 years

purch

I find this prediction extremely unlikely...

10 years ago if I'd predicted that you wouldn't be able to buy a house anywhere in the U.K. for alot more than £100K in 2007 no one would have thought that likely either...

Short memories..........

isofa

purch wrote: »

In a few years time you'll be able to buy a 6 bedroomed property anywhere in the U.K. with £100K...........and still have cash spare to furnish it :eek:

Excellent can't wait ;o) with decent 2-3 bedroom flats where I live going for 500K+, without a car parking space, I really can't wait!

Can we hold you to this purch?

purch

No one would believe me when I bought my 1st two BTL properties at an auction in 1991 ( except BTL wasn't a word used back then )

Just about everyone told me I was crazy to invest in property....they were still telling me I was nutz 5 years later when I told them property prices would soon double

Times change....fashion changes

Whats good one day is not so good the next

Asset prices are hyper-inflated the world over and UK property is one of the asset classes that has over-inflated the most and will soon be bursting

[Deleted User]

The best investments are in decending order

Number one - the stockmarket, its been making money hand over fist since jesus was born

Number two - Property, people will enslave their lifes work for a roof over their head

Number 3 - Commodities

Number 4 - Cash/savings

The stockmarkets returns are about 7% over inflation

Savings barely keep up with inflation

The top 3 investments depends on the markets which can be bad in the short term. Some market cycles can take literally a lifetime to catch up. eg japans property market, dead for 20 years.

musehead

You realise this thread is nearly 3 1/2 years old?

Interesting prediction from purch though... property has crashed but as yet nowhere near as much as he suggested.

cashbackproblems

no such property crash will happen especially in and around London, theres too much demand. Even at the moment the recession simply meant properties werent being snapped up the next day rather than prices dropping considerably. Last week my brother went to see a property in zone 6 - new build 2 bed apartment for 275k and 2 days after he went to put in an offer of 270k but someone had already offered 280k and the last flat was gone!

The whole development sold out within 5 working days of going on sale.