Wouldn’t a buy to let (without the need for a mortgage) be advisable, assuming of course the choice of property was good? He’d get the rental income plus capital growth in the long term and wouldn’t need to worry about losing half the value in a stock market crash. Also not too much hassle if he uses an agent when renting it out. Yes property prices could also crash, but he’d still have the bricks and mortar, and should always be able to generate an income from it.Lots of people are advising against BTL these days, and no doubt it’s not as advantageous as it used to be, but plenty of people are still doing nicely from their rental properties, aren’t they?
Until Sunday 10 July
Here’s what we know
Vacuum fluff? Knotted newspaper?