£75000 to invest.

davethom

Looking for all advice please. Greatly appreciated.

Would be ideal to have £8000 return in 1 year off the 75000.

Thanks

george4064

Really need more info on your circumstances, your current finacial situation and your goals/objectives before doing anything.

davethom

george4064 wrote: »

Really need more info on your circumstances, your current finacial situation and your goals/objectives before doing anything.

Single no house no car.

75000 is my net worth.

goal / objective is 4 months thailand 6 months bali repeat.

kangoora

Completely unrealistic to get 10.6% return on a consistent basis.

davethom

i agree with you on that front.

ColdIron

A 10% return in 1 year isn't going to happen without considerable risk. I would lower my sights to £2,000 before tax

inflationbuster

Let's take a high yielding stock like BP. High risk right now given the low oil prices and lower profits.

Annual div (IAD) 26.43 GBX
Annual div yield (IAD) 6.77%

http://markets.ft.com/research/Markets/Tearsheets/Summary?s=BP.:LSE

So despite a near 7% return you'd be looking at around £5,000.

Not really possible and if it was the risk would be too high.

I'm currently earning around £7K on £178K but my portfolio has some lower yielding stocks, which l feel are safer as they are paying modest dividends.

Kendall80

Some might say P2P is an option. Savingstream or Moneything 12% property secured lending for instance. There is certainly a degree of risk perhaps mitigated by spreading the OP's 75k over a number of the higher % platforms.


How P2P performs in a significant economic downturn (or even rising interest rate environment) is yet to be tested. Therefore further research and consideration of ones risk tolerance would be wise.

buglawton

Check other posts from OP then decide if this is all leading up to a spam punchline.

WannaBLoaded

What sort of investment would you be prepared to get involved in, though?

I was looking at buying a house to renovate for around £70,000 and will have around £20,000 of my own money to put in, maybe 25k.

If someone was to invest 75,000 smackers, that would mean i could buy outright and sell in less than 6 months, do 2 and a half / 3 refurbs in a year, save 12 x 400 ish a month in mortgage repayments, mortgage fee's, commissions, estate agents fees yadda yadda which would mean giving an investor 8000 back + their original investment over around 12 months would be very possible.

Plus, it would probably all be tax free.

Sam_J12

kangoora wrote: »

Completely unrealistic to get 10.6% return on a consistent basis.

Is it? The S&P 500 has returned around 10% since its inception. Obviously in any one year the return is unlikely to be 10%, but in the long term I can't see why OP can't achieve 10% returns.