investment idea

[alreadypacked]

My my, we are a grumpy dog today aren't we. Didn't you catch any pussy cats this weekend?

Thanks for defending me guys
I think the grumpy one has a problem with women, despite what he says.
He had a dig at cojak on BCG thread, but I didn't think it was appropriate to call him on it there.

[barely_pointless]

No, it's an actuarial band , the sweet spot for insurance companies and or course pension/super providers is sub 30, single male, professional, educated, employed, career aspirinational and financially geared towards potential.

Then charlie buys a motorbike or goes extreme skiing or just plays sniff the lines at a party in stockwell and the insurance companies clean up.

statistically it's quite a significant amount, per annum that is.

We can of course also consider the 45-55 band of very well to do chaps who have never ridden a bike before (no road sense) and go out and buy a harley on their 50th.

Splat does not even come close.

[alreadypacked]

I put £50,000 in a high earning managed fund in 1991. It is now worth £50,000. Read the small print. At least I have the £50,000 unlike many of my friends who lost everything in their pension funds.

I put 100k in, things were so bad for about 3 years the bank didn't send out statements. I ask why, they said they couldn't handle the call volume and it only upset people with something they could do nothing about. Yes it was an Irish bank. It’s bounced back not and I’m about 10% up.

[Churchill]

Thanks for defending me guys
I think the grumpy one has a problem with women, despite what he says.
He had a dig at cojak on BCG thread, but I didn't think it was appropriate to call him on it there.

I don't have a problem with women. I have a problem with dense idiots of what ever sex.

[BrilloPad]

buses? naa, just wondering what to do. i just sold my house and did well off it. thinking of getting married and like the idea of locking my cash away in a pension incase it goes t*ts up and she wants "half of the house". up there for thinking, see. romantic.

You will get away with "half the house" if there are no kids. Any kids and its more like 60-70%. With her living in it until kids are 21.

[BlasterBates]

With inflation at 3%, your 700 grand will be worth 300 grand at todays prices, this would give you a pension of about 1500 quid at todays prices.

[brownie74]

i've decided to bin this stupid idea and buy a decent pad instead

i wont need that much money when (if) i get to 65

if i was divorcing and my wife tried to take 70% off me i'd disappear. i wouldn't part with 70% of my dosh. **** that. i'd rather go to prison
for a spell.

[lukemg]

Ok, how about:
Keep the 100k in a high interest - delayed access account (don't tell her if it helps).
Each year seed 7k into a shares ISA (use a discount broker e.g. Hargreaves-Lansdowne to reduce commision) Pick varied and general funds + trackers (pick on annual commision %) from the big players - Fidelity, Jupiter etc. Been doing this for 10 years (only when had spare cash) average return is 10.7% (thought it was 14, but forgot to compound the returns). This is all tax free and never needs to be put on a tax return (will be needed for asset list during a divorce though.
Chuck a few k into a pension also (suggest SIPP, see HL for this also). This way all the 100k never gets all tied up as the ISA's can be cashed and the rest of the 100k is available at shortish notice.
Kiss goodbye to large proportion after divorce though, why do you think many divorced blokes are in bedsits/tiny flats ? Doing a runner is usually not an option, expecially when you want to see the kids, you have NO leverage at all.
Property still a good option long term, due to gearing (compound returns on borrowed money) but my own house gives me access to this.
Pension not safe from divorce, fund will be cashed and split in 2, half goes into her name.

[RightLaugh]

Ok, how about:
Keep the 100k in a high interest - delayed access account (don't tell her if it helps).
Each year seed 7k into a shares ISA (use a discount broker e.g. Hargreaves-Lansdowne to reduce commision) Pick varied and general funds + trackers (pick on annual commision %) from the big players - Fidelity, Jupiter etc. Been doing this for 10 years (only when had spare cash) average return is 10.7% (thought it was 14, but forgot to compound the returns). This is all tax free and never needs to be put on a tax return (will be needed for asset list during a divorce though.
Chuck a few k into a pension also (suggest SIPP, see HL for this also). This way all the 100k never gets all tied up as the ISA's can be cashed and the rest of the 100k is available at shortish notice.
Kiss goodbye to large proportion after divorce though, why do you think many divorced blokes are in bedsits/tiny flats ? Doing a runner is usually not an option, expecially when you want to see the kids, you have NO leverage at all.
Property still a good option long term, due to gearing (compound returns on borrowed money) but my own house gives me access to this.
Pension not safe from divorce, fund will be cashed and split in 2, half goes into her name.

as I said before 85% of all funds do not beat the FTSE 100. The FTSE 250 easily out performs the 100. Simply buy ETFs (ishares) through someone like square gain. Easy.

[Clippy]

I am approaching my 60s and I don’t have a penny saved for my pension. It is all invested. Why give your money to someone else to invest?

Your 100,000 will be worth very little by the time you retire. If I was you I would spread the risk on put it into various properties but not I the UK. Currently there are places with 60% increase in values and good for letting in Europe.

Paddy, is this still currently the case?

Any particular countries you could mention?