Increase my income

microclick

Hi everyone,

I m trying to boost my income and come across an investment opportunity with a property developer called .hj collection. I m wondering if somebody here has any experience dealing with them please ?

CliveOfIndia

Never heard of them, but a quick Google suggests they're a property development firm.  Looks like you need to have a sizeable chunk to invest, and - by their own admission - it's a high-risk investment.

Where did you "come across" them?  Let me guess, an advert on social media?

I know a few good chandlery shops if you'd like to buy a barge-pole

microclick

Thanks for the reply . I came across them and met them at an exhibition in London .

Do you have alternative kind of investment in mind please ?

CliveOfIndia

"Investment" is such a massively broad term.  What are your aims - long term or short term ?  How much capital do you have to invest?  Can you afford to lose that capital?  Are you willing to trade the risk of losing everything against the potential of big gains?  Are you looking to retire, in which case you're probably looking more towards small gains but higher security ?

More information required really, before any meaningful advice can be offered - even then, it's likely that a independent advisor may be your best option.

microclick

My aim is to boost my income , long term , using 70k, no i cant afford to lose the  capital .

microclick

independent advisors tend to put stocks and shares as the only option , and I m  not interested .

HappyHarry

microclick said:

My aim is to boost my income , long term , using 70k, no i cant afford to lose the  capital .

Well that puts loans on a property investment out of the window then.

With no risk to capital you are looking no further than cash deposits - very simply with the highest return you can get. 

Take a look at the top savings accounts on the MSE website and start from there …

https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/

microclick

Saving accounts are not giving any good rates now . I m saying that I don't want to take a risk , but not very high .A loan to property developer is still viable but I m not into buy top let anymore .