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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Where to put inheritence?

124»

Comments

  • Murrey
    Murrey Posts: 5 Forumite
    The property you are looking at appears to be a single family home converted to a multi family property, just be aware that the property will have 1 water meter and 1 electrical meter which means you will need to calculate these costs into the rents
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    AndyT678 wrote: »
    Sorry, maybe I'm being thick but I think I need some more explanation on that one.

    Ignore the property vs pension bit to start with and just take the pension numbers. To me, it suggests that if Mr Average had £10,000 invested in pensions in 2008 he would now have either £15,200, £16,900 or £19,200 depending on whether he lived in London, Liverpool or Bristol. Why?

    Are they suggesting that wurzels are better stock pickers than city boys? Or does it include contributions made during the period as well as investment returns?

    If it does include contributions then I don't see how it's fair to compare it just to the capital gain in a different asset class.

    Property also has money put into it with routine maintenance much less improvements.

    The markets were up during that period (as well as down but up overall). that helped. But property grew in most places too.

    I have to point out, this was not done as an analysis of equities re property- it was done because of the Fame and Fortune Column, where when asked Property or Pension, almost all the respondents say property (even though this is generally emotional investing and isnt the best way to go overall). Also, most respondents have homes in london.

    So they did an analysis of studies over the country to find out if even since the financial crash did property do better.
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
  • 354.1K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.3K Spending & Discounts
  • 247.1K Work, Benefits & Business
  • 603.7K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.