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Never Really Invested Before
spidystrider
Posts: 1,246 Forumite
My husband and I want to downsize leaving us with around £200,000 to invest, with another £20,000 each year for the next 15 years or so.
We've never really invested before because we have always had a family and mortgage to pay for. My husband thinks the only worthwhile way is to get into buy to lets, as we have had 1 flat for 19 years now. I dread the thought of dealing with tenants though and would love to find something else to do with the money.
I'd be grateful for any advice, as I really don't want to mess this up, it's all the money we have.
We've never really invested before because we have always had a family and mortgage to pay for. My husband thinks the only worthwhile way is to get into buy to lets, as we have had 1 flat for 19 years now. I dread the thought of dealing with tenants though and would love to find something else to do with the money.
I'd be grateful for any advice, as I really don't want to mess this up, it's all the money we have.
Mortgage Free in 3-T2 : Started at £151,000 Nov. 2009 Mortgage Free Oct 1st 2015 
0
Comments
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For that amount of money and your lack of experience you should talk to an IFA A small local firm would be better that a big national one, and both would be better than a bank.0
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