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Where to stash the cash

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    #31
    Originally posted by alreadypacked View Post
    The trick with BTL is to buy the house to fit the tenants you want to have. If you buy an ex-council house in a bad area, you are not going to get good tenants. It was not BTL that was a bad idea, it was the house he bought.
    Sure. But where should he now put his cash if he is no longer interested in BTL.

    So far we only have cycle driven investment planning, during the longest recession/depression cycle in living memory, so DP rather struck out there

    Anything to add?
    Knock first as I might be balancing my chakras.

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      #32
      Stick it all on black?

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        #33
        Originally posted by mudskipper View Post
        Stick it all on black?
        Bit racist.
        Knock first as I might be balancing my chakras.

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          #34
          Originally posted by suityou01 View Post
          Sure. But where should he now put his cash if he is no longer interested in BTL.

          So far we only have cycle driven investment planning, during the longest recession/depression cycle in living memory, so DP rather struck out there

          Anything to add?
          Open an account in a country paying a higher rate

          6 bank accounts that earn over 10% interest - MarketWatch
          Fiscal nomad it's legal.

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            #35
            You can earn 3% interest on up to 20K in a Santander 1 2 3 account. Terms and conditions apply.

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