We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Land Investments?

PJGILL
PJGILL Posts: 42 Forumite
in Savings & investments
has anyone had any experience of Land Investments? What are the returns like? What are the risks and pitfalls?

Thanks

Phil
Phil

Comments

  • dunstonh
    dunstonh Posts: 120,512 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Naff, high and loads of pitfalls to answer the last 3 bits.

    Most land in the UK is not ever going to be built on and odds are you will end up owning a small parcel that doesnt provide you any income and has very limited growth potential.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    Part of the Furniture Combo Breaker
    What he says, plus id avoid anything related to credit, land or overpriced stocks right now since the stack of cards is falling down. Reportedly the bank of england is printing off virtual-electronic loans left-right-centre to help stop the banks going bankrupt after their period of bonus seeking pyramid selling. The bubbles got a big hole in it and the surface tension aint holding.

    http://www.bbc.co.uk/blogs/thereporters/robertpeston/2007/09/banks_pyramid_scheme.html

    http://news.bbc.co.uk/1/hi/business/6981285.stm

    http://news.bbc.co.uk/1/hi/business/6983036.stm

    Concentrate on gold, chinese economy and bank bonds right now. Research into "defensive strategys". Im only fairly young so ive never seen this sort of thing happen but having followed the markets being defensive IMO is the best strategy.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.7K Banking & Borrowing
  • 253.8K Reduce Debt & Boost Income
  • 454.6K Spending & Discounts
  • 245.8K Work, Benefits & Business
  • 601.8K Mortgages, Homes & Bills
  • 177.7K Life & Family
  • 259.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture