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Investment advice

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    Investment advice

    Hi anyone got any recommendations for where I can get some trustworthy investment advice? I’ve received an inheritance (50k) and I don’t have a clue what to do with it. My accountant wasn’t very forthcoming. He did say despite all the changes in but to let taxes, I would be better to do residential buy to let, rather than commercial (my original thought). Looking to be put in touch with someone with really good knowledge?
    Thanks in advance

    #2
    Originally posted by LHM View Post
    Hi anyone got any recommendations for where I can get some trustworthy investment advice? I’ve received an inheritance (50k) and I don’t have a clue what to do with it. My accountant wasn’t very forthcoming. He did say despite all the changes in but to let taxes, I would be better to do residential buy to let, rather than commercial (my original thought). Looking to be put in touch with someone with really good knowledge?
    Thanks in advance

    That would depend on your risk appetite. If you can afford to loose it follow Scooterscot.

    Comment


      #3
      Never a better moment to put fiat into Bitcoin. Do it quickly, it's not going to hover around the $9k mark for long. I don't know of any other investment that'll appreciate throughout this year as much as BTC is expected. $30k by the summer <correction> and then a rally by the year's end from $50k+

      I'd stay away from the stock market at the minute, unless you're very selective.
      "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

      Comment


        #4
        Originally posted by LHM View Post
        Hi anyone got any recommendations for where I can get some trustworthy investment advice?

        Comment


          #5
          Originally posted by scooterscot View Post
          ...I'd stay away from the stock market at the minute, unless you're very selective.
          Whereas I'd recommend stock market - especially companies that are essential for blockchain technologies, like GPU manufacturers. Of course the more diversified your portfolio, the lower the risk. You might consider just invest £2000 a month over two years - pound cost averaging.
          Down with racism. Long live miscegenation!

          Comment


            #6
            Originally posted by NotAllThere View Post
            Whereas I'd recommend stock market - especially companies that are essential for blockchain technologies, like GPU manufacturers. Of course the more diversified your portfolio, the lower the risk. You might consider just invest £2000 a month over two years - pound cost averaging.
            This is the safe bet. Pound cost averaging is almost as powerful as compound interest.
            See You Next Tuesday

            Comment


              #7
              Have you asked your turf accountant?

              Comment


                #8
                I doubt anybody on here knows anything about investments or savings or even a general concept of money. Most on here are blowing their 100k+ tax free earnings on cocaine, hookers and lambos.
                Vote Corbyn ! Save this country !

                Comment


                  #9
                  Just as an aside, I did some looking into commercial property because it seemed like a way to avoid the attack on residential landlords. Unless you're talking serious money, I think it's a total non-started. You've only got to look at the amount of empty commercial property around and how long it remains dormant - looks like a rapid way to buy an empty shop/office/unit/garage or whatever to me.

                  I think it requires a LOT more knowledge of the local area and trading etc. For example, there's a nice office for sale in the next town over from me. Looks like an absolute bargain - nice and modern (90's build), perfect for housing a small business. Central location, just off the high street. Problem is, that town is going absolutely nowhere and has been declining for decades - maybe it'll get a resurgence and I'd suddenly own a prime location office - or, more likely, I will have nothing to offer over the much more pleasant and plentiful retail park locations.

                  Not saying you don't need to consider such things when buying residential property, but if you buy a decent house in an area full of occupied houses then you're unlikely to go a million miles wrong. And likely far easier to sell if you do **** it up.
                  Last edited by vwdan; 26 February 2018, 10:58.

                  Comment


                    #10
                    Property of overvalued and due for a correction.
                    "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

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