Originally posted by ChimpMaster
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What I do is mentally set my expectations to lose that money, then anything else is a bonus - and sometimes the performance is spectacular.
One idea that hasn't been discussed is foreign BTL.
Having divested of BTLs in the Uk, I'm looking to do that i.e. buy a property in Europe. The idea is to get a property in an in-demand area, Air B&B it to make it a cash cow + you can also use it as a holiday home. I like investments that kill a few birds with one stone and this provides: income stream, free holiday accomodation and capital growth, if you choose wisely.
Portugal for example has no inheritance tax.
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