Nothing makes me feel thick... (£1000pm to invest)

oatman

Who advises financial advisers?

ManofLeisure_2

oatman wrote: »

Who advises financial advisers?

Interesting question lol

I'm afraid this Forum seems to have a downer on buy-to-let. However, for many people (including myself), any investment made, has outstripped the stockmarket by far.

jimjames

ManofLeisure wrote: »

Interesting question lol

I'm afraid this Forum seems to have a downer on buy-to-let. However, for many people (including myself), any investment made, has outstripped the stockmarket by far.

I'm not sure that's correct that this forum has a downer on BTL. Very sensibly many members of this forum caution against going straight into BTL with no other savings or investments. Quite a few first time posters come here planning on doing that yet have no backup funds and no realisation that it's a business not just an investment.
I believe a few here have BTL property but as part of a wider portfolio. I certainly wouldn't suggest it for someone that might need the money short term and has no other investments as it's not very easy to raise £5k by selling off the kitchen whereas selling some shares is very quick and easy.


It's also not comparing like with like when you compare returns from a geared investment with one that is purely your own money. But that's one of the benefits of having a balanced portfolio not just one asset class.

reeac

Well one certainly reads and hears plenty of grumbles about poor yields from annuity-based pensions nowadays.

Mr_Costcutter

ManofLeisure wrote: »

Interesting question lol

I'm afraid this Forum seems to have a downer on buy-to-let. However, for many people (including myself), any investment made, has outstripped the stockmarket by far.

I would agree. I have been investing in buy-to-let, long before it became fashionable to do so. In doing so I have been able to retire early. This would not have been the case had I relied on my pensions.

Mr_Costcutter

jimjames wrote: »

I'm not sure that's correct that this forum has a downer on BTL. .

Without wishing to appear rude, I'm afraid that in all the years that I've been reading the advice given in respect to savings and investments, I've seen little in favour of buy-to-let. If you are able to flag up the posts which show otherwise, I would be very grateful.

jimjames

Mr_Costcutter wrote: »

Without wishing to appear rude, I'm afraid that in all the years that I've been reading the advice given in respect to savings and investments, I've seen little in favour of buy-to-let. If you are able to flag up the posts which show otherwise, I would be very grateful.

I'd ask the opposite. Can you flag up a post where it has been discouraged inappropriately? This current thread is hardly one where it would seem appropriate to suggest the Op goes down the btl route.

Mistermeaner

Mr_Costcutter wrote: »

I would agree. I have been investing in buy-to-let, long before it became fashionable to do so. In doing so I have been able to retire early. This would not have been the case had I relied on my pensions.

You were savvy and got lucky - on average and in long term market returns beat all other types of investment.

Also if property is your thing (above all other investible asset classes) then is far more liquid and diverse ways of doing it than buying a pile of bricks that you then have to maintain and fill with people who may or may not pay rent.

masonic

I would consider BTL as more of a business than an investment. Starting your own (non-BTL) business can also be a great way to make money and isn't generally mentioned very much here. In the majority of cases, it is safe to assume that people who have a sum of money to "invest" and come here for suggestions of what to do with it aren't very entrepreneurial.

atush

Mr_Costcutter wrote: »

Not ''everyone'' has been so lucky. Many pension funds have failed to deliver.

They would have had to choose pretty bad funds to not be up over 3 decades????????/

Japanese property maybe?