Investment?

[aspenarb]

Property for sure and fill your boots with it,if my fat fingers are pressing the right buttons mine have returned 3000% over the last 35 years.

 

Bob

[hamdogg]

20k is not gonna get me a lot in the property market though lol

[spudulike]

Property for sure and fill your boots with it,if my fat fingers are pressing the right buttons mine have returned 3000% over the last 35 years.

 

Bob

 

They say a good investment fund will double over five years so: -

 

invest £10K

Year 5 - £20K

Year 10 - £40K

Year 15 - £80K

Year 20 - £160K

Year 25 - £320K

Year 30 - £640K

Year 35 - £1,280,000

 

You can't take ANY fund and expect it to grow, you can't take ANY house and expect it to perform like London or the Home Counties. A bit of luck is needed, you really need to invest as young as possible and that isn't always easy.

 

All investment needs a strong stomach to stick out the rough with the smooth and reinvestment of gains is a must for best performance.

 

I read an article about a guy that made a million pounds from investing in PEPs/ISAs by putting the maximum amount in each year, I forget what the maths were but the end result was far in excess of what you thought could be possible from the sum of investment.

 

Read this for info He's made £1m from investment Isas ? and, he says, you can too | Money | The Guardian

 

An interesting thread:thumbup: They should teach this stuff at school!

[Two Acres]

An interesting thread They should teach this stuff at school!

 

:thumbup:

[Dryad's saddle]

No get a mortgage rent it and let the rent pay the mortgage

[Bren.]

If your tenants pay the rent.

[spudulike]

The hardest part is pulling a decent initial investment together and then having the discipline to keep adding to it regularly and having the balls to leave it where it is when the markets plunge!

[growforest]

As an investor, you're a consumer. Why not be a producer, and "invest" your nest egg in skills, tools, etc with which you can produce. Make something people are willing to consume and you're return will be much more worthwhile than a bank vault full of paper promises. Hmm?

[agg221]

Whats the fee structure with Investment Sense? Do they charge a percentage fee or by the hour?

 

When we set ours up they offered both options, and worked out which would cost us less.

 

Alec

[Two Acres]

Thanks Alec,

 

so they told you the cheapest option?