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How would you invest in your late twenties?

2

Comments

  • Stu6781
    Stu6781 Posts: 119 Forumite
    Fourth Anniversary 10 Posts
    Riff Taff, I thank you for providing a genuine answer
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Riff_Raff wrote: »
    I'm 29 and want to buy a house within 5 years .

    Wot, no LISA?
    Free the dunston one next time too.
  • bostonerimus
    bostonerimus Posts: 5,617 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    Stu6781 wrote: »
    Objective is to use £400 each month over 15 years to produce the greatest financial outcome. I’m adverse to some risk.

    You won't get the "greatest financial outcome" without risk. You need a plan. I the money for retirement or will you need access to it before you retire, what return do you need, are you looking to track developed market returns etc, and how comfortable are you with risk?
    “So we beat on, boats against the current, borne back ceaselessly into the past.”
  • Riff_Raff
    Riff_Raff Posts: 38 Forumite
    10 Posts Second Anniversary
    kidmugsy wrote: »
    Wot, no LISA?
    I said I have my deposit money in cash accounts. This includes a LISA.
  • wakeupalarm
    wakeupalarm Posts: 1,090 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Put it all on Red.
  • Gadfium
    Gadfium Posts: 763 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Stu6781 wrote: »
    Objective is to use £400 each month over 15 years to produce the greatest financial outcome. I’m adverse to some risk.


    Thats not an objective.
  • george4064
    george4064 Posts: 2,955 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Are you a first time buyer?
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

    Save £12k in 2025 - #024 £1,450 / £15,000 (9%)
  • Owain_Moneysaver
    Owain_Moneysaver Posts: 11,393 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    gardner1 wrote: »
    £100 Red Lion, £100 Kings Arms, £100 Black Horse and £100 Butchers Arms

    Are these all in the 4.40 at Ayr? :rotfl:
    A kind word lasts a minute, a skelped erse is sair for a day.
  • gardner1
    gardner1 Posts: 3,154 Forumite
    simonineaston wrote: »
    ... sounds about right, judging by wot I remember of my yoof - but wot if the original poster doesn't drink?
    https://www.theguardian.com/society/2018/oct/10/young-people-drinking-alcohol-study-england

    Nominated Driver.......coke only:beer:
  • jimjames
    jimjames Posts: 19,279 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Stu6781 wrote: »
    Objective is to use £400 each month over 15 years to produce the greatest financial outcome. I’m adverse to some risk.

    Do you really mean that? You're adverse to even some risk? Or you're prepared to take risks with the money?

    It makes a big difference. Over 15 years just holding risk free cash doesn't make sense to me and you certainly won't get the greatest financial outcome.

    Clarification of your situation and requirements would get better answers
    Remember the saying: if it looks too good to be true it almost certainly is.
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