Reply to: Sensible investment ideas

[AlfredJPruffock]

. If prices are still out of reach for many people (based on 3*salary), what will drive the market quickly higher?

A new Factor of say * 5 salary should boot the housing engine back into HyperBoom mode,

[Menelaus]

I won`t take much notice of what is reported regarding prices until real liquidity returns.

I don`t think we`ll see quick upward movement in house prices unless banks go back to their naughty ways. If prices are still out of reach for many people (based on 3*salary), what will drive the market quickly higher?

I`m a BTL`er but my gut feeling is that the days of such dramatic moves upwards in house prices are gone for now.

WHS.

Actually, keep an eye out on the mortgage trade press in w/c 24th August.

[SuperZ]

http://news.bbc.co.uk/1/hi/business/8194768.stm

I reckon prices will double in the next few weeks at this rate.

I won`t take much notice of what is reported regarding prices until real liquidity returns.

I don`t think we`ll see quick upward movement in house prices unless banks go back to their naughty ways. If prices are still out of reach for many people (based on 3*salary), what will drive the market quickly higher?

I`m a BTL`er but my gut feeling is that the days of such dramatic moves upwards in house prices are gone for now.

[Gonzo]

Not actually such a stupid idea: they've got (or at least should have) a near-sovereign rating.

Yes. But that is the UK sovereign rating which in six months time will be worth zip.

[HairyArsedBloke]

So, I'm just about done paying off my debts, have about 6 months worth of warchest in the bank and I'm looking to start investing about £1k a month.

Do the panel have any particular recommendations? I'm looking fairly short term (1-2 years) before I take it all out and disappear off to Oz

How about buying Ozzie shares? That will cover some of your currency risk. There was a report going round a short while ago (I can't find it now [edit: see below]) projecting strength in the commodity currencies, such as AUD etc, as the global economy recovers.

Edit:
I remember now. It was Nouriel Roubini. Here is what the Telegraph reported.

[DimPrawn]

Dream on.Will be lucky if prices double over the next 15-20 years.

http://news.bbc.co.uk/1/hi/business/8194768.stm

I reckon prices will double in the next few weeks at this rate.

[SuperZ]

Why not buy a bigger house in the UK and then sell in 2 years time, and double your money?

Dream on.Will be lucky if prices double over the next 15-20 years.

[Menelaus]

Invest in Northern Rock shares?

Not actually such a stupid idea: they've got (or at least should have) a near-sovereign rating.

[Jet Setter]

If you are serious, stick it in a SIPP. I say this because although in the UK you can't get the money until retirement age, if you are pissing off abroad you can elect to have your pension fund transferred (QROPS) and after 5 years, with a bit of jiggery pokery, get your hands on the whole pot tax free regardless of your age.

http://ezinearticles.com/?Unlock-You...les&id=2026628

Just be careful with transferring money to Aussie super, the rules are pretty tight and if you want any of it before age 60 you've got buckleys. Also any earnings in Aussie super are taxed at 15% whereas they're tax free here.

Being able to take it as one lump sum tax free at retirement is a big advantage.

[daviejones]

Invest in Northern Rock shares?

[DimPrawn]

Why not buy a bigger house in the UK and then sell in 2 years time, and double your money?

[EternalOptimist]

So, I'm just about done paying off my debts, have about 6 months worth of warchest in the bank and I'm looking to start investing about £1k a month.

Do the panel have any particular recommendations? I'm looking fairly short term (1-2 years) before I take it all out and disappear off to Oz

why not buy a patch of land in OZ while its cheap. then stick a house on it

[DiscoStu]

If you are serious, stick it in a SIPP. I say this because although in the UK you can't get the money until retirement age, if you are pissing off abroad you can elect to have your pension fund transferred (QROPS) and after 5 years, with a bit of jiggery pokery, get your hands on the whole pot tax free regardless of your age.

http://ezinearticles.com/?Unlock-You...les&id=2026628

I'm entirely serious, this definitely seems worth looking into, thanks DP

[expat]

So, I'm just about done paying off my debts, have about 6 months worth of warchest in the bank and I'm looking to start investing about £1k a month.

Do the panel have any particular recommendations? I'm looking fairly short term (1-2 years) before I take it all out and disappear off to Oz

Guaranteed to beat cash over such a short period in this market? I await suggestions with interest.

[DimPrawn]

So, I'm just about done paying off my debts, have about 6 months worth of warchest in the bank and I'm looking to start investing about £1k a month.

Do the panel have any particular recommendations? I'm looking fairly short term (1-2 years) before I take it all out and disappear off to Oz

If you are serious, stick it in a SIPP. I say this because although in the UK you can't get the money until retirement age, if you are pissing off abroad you can elect to have your pension fund transferred (QROPS) and after 5 years, with a bit of jiggery pokery, get your hands on the whole pot tax free regardless of your age.

http://ezinearticles.com/?Unlock-You...les&id=2026628