If you had £500,000 cash

[beaker]

So 6-7% is 'good'?

I'll directly quote Kiyosaki now:

Q - " How does one enjoy the returns of an above average investor?"

A- "Don't be average"

Come on people - this is a place for 'above average'

put up

Are you quoting Kiyosaki or his imaginary "rich dad"?

[Jog On]

Are you quoting Kiyosaki or his imaginary "rich dad"?

Kiyosaki and his "rich dad" are - for all intents and purposes interchangeable.

What amazes me is that so called 'clever people' will take 6-7% on 6 figures.

[beaker]

Kiyosaki and his "rich dad" are - for all intents and purposes interchangeable.

What amazes me is that so called 'clever people' will take 6-7% on 6 figures.

It's all about risk and return

[Jog On]

It's all about risk and return

and how you control that risk by educating yourself

[beaker]

and how you control that risk by educating yourself

Correct. If you can't be arsed then 6-7% is pretty good.

[Jog On]

tulipe if you ask me- tracker is better than - in the bank - ...

[beaker]

tulipe if you ask me- tracker is better than - in the bank - ...

The risk is higher though. A bond carries no risk.

I wouldn't buy it though as I like to be a bit more "clever" as you put it

[Jog On]

The risk is higher though. A bond carries no risk.

I wouldn't buy it though as I like to be a bit more "clever" as you put it

Risk as "rich dad" would put it is in the eye of the 'financially educated'

At the end of the day it's a very personal decision what one choses to do with one's money.

I know what I'd do with 1/2 a mill though

[Iron Condor]

6.5% is 3.9 %after tax.

Money supply growth in the UK is going up by around 14%.

So your money will be depreciating 10% a year.

This is why the rich look to earn 20% a year tax free in those offshore hedgefunds. They are the ones who make 6% after tax and inflation.

[lilelvis2000]

In equities? Paper losses are still losses.

Why would you not sell?

Hopeing for a turnaround - considering that one investment has gone from 45,000 to 2,000. I may be waiting a looooong time. I'm not intending o ever retire.