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If you had £100,000 to spend...
moneysavexpert1986
Posts: 71 Forumite
in what way would you maximise the return on your investment?
I'm applying to be an accountant and this is one of the questions on the app form. I don't really know what to write at all! I'd prefer to say property, but in the UK that wouldn't get you much, plus it's probably overvalued so it might be a risk (at least in the short term) - there's definitely better times to buy into the UK property market. So I was thinking of property abroad, investing about half in a growing market - what to do with the rest?!
I'm applying to be an accountant and this is one of the questions on the app form. I don't really know what to write at all! I'd prefer to say property, but in the UK that wouldn't get you much, plus it's probably overvalued so it might be a risk (at least in the short term) - there's definitely better times to buy into the UK property market. So I was thinking of property abroad, investing about half in a growing market - what to do with the rest?!
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Comments
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Assuming the investment is sound with good cashflow you'd use leverage. That £100K is a 5% deposit on a £2M property empire. You too can be a property milyonaire!
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