Originally posted by eek
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Pension vs Property
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“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain” -
Originally posted by The Plantswoman View PostYou could have made that statement any time over the last 15 years and it would still ring as true as it does today.
But no market is a one-way bet.Comment
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Originally posted by The Plantswoman View PostIn my own case, I'm bunging a lot more money at my residential mortgage
My only worry is that all the baby boomers start popping their clogs.Comment
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Originally posted by The Plantswoman View PostA kind of dipping my toe in to test the water type question....
I've been paying about £1k per month into a ltd co. pension for the last 10 years or so. At present, this will buy an annuity of about £2k per annum (!).
I'm thinking of moving up the housing ladder & what I'm thinking of doing is ditching the pension contributions & sticking everything into the mortgage & take a punt on house prices continuing to rise.
I only intend working for another 8-10 years.
Yes, I should speak to my financial advisor but all he'll do is advise me to stick with the pension because it's in his financial interests to do so.
Any thoughts?______________________
Don't get mad...get even...Comment
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