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Reply to: Made 10% on my BTL in the last year ...
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Previously on "Made 10% on my BTL in the last year ..."
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Originally posted by AtW View PostAre you saying that 25% stock market growth is a normal thing that can be expected for next 12 months?
I do have stocks and shares investments obviously but only as a long term bet.
I don't think anyone can predict what's going to happen there, if they ever did.
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Originally posted by Jog On View PostThe point I'm making is that crowing on the internet about an investment that's considerably underperformed the stock market index is like crowing that you entered a race and came second last...
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Originally posted by PEEL View PostI imagine SAS is referring to his mark-to-market, a simple process in which you value something at the price you can currently sell it (including the costs of sale) and compare it against what you purchased it for, including the costs of holding it for that period and also taking into account the opportunity cost of the original cash. Either that or it's a crude and half-meaningless 10% return
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Originally posted by Jog On View PostThe point I'm making is that crowing on the internet about an investment that's considerably underperformed the stock market index is like crowing that you entered a race and came second last...
A theoretical 10% is neither here nor there since I don't intend to sell the property - I look on it as part of my pension portfolio.
Personally I'd rather house prices crashed as buying oppos would present themselves with potentially much larger rises possible from a low base - a la 1995-2007, which I took advantage of.
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Originally posted by tomtomagain View PostYou haven't "made" anything at all. Yet.
What has happened is your agent has told you that the current market price is potentially higher than your purchase price ( less transaction fees and taxes of course! ). You have been Marked-to-market.
The agent is probably just looking to generate transactions.
What is the yield of the property?
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Originally posted by Jog On View PostThe point I'm making is that crowing on the internet about an investment that's considerably underperformed the stock market index is like crowing that you entered a race and came second last...
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Originally posted by sasguru View Post...or so I'm told by my agent (based on price I paid and likely selling price if I was to sell this year).
None of my other investments are yielding this much, so is it time to free up some resources and buy another?
What has happened is your agent has told you that the current market price is potentially higher than your purchase price ( less transaction fees and taxes of course! ). You have been Marked-to-market.
The agent is probably just looking to generate transactions.
What is the yield of the property?
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Originally posted by AtW View PostAnd you could have had 100% in a Casino in 5 mins.
Stock market can drop and you won't get bailout, consumer real esate market on the other hand is something Govt has shown clear intent to support even if that means future generations will be paying for it.
Anyway - I'll let you come back with something clever...
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Originally posted by Jog On View PostJust pointing out the 12 month gain of 24.86% vs 10% in BTL.
Stock market can drop and you won't get bailout, consumer real esate market on the other hand is something Govt has shown clear intent to support even if that means future generations will be paying for it.
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Originally posted by AtW View PostNo, because that links shows that the index gone down from 15300 to 14900 - 2.5% in space of a few days...
Markets move in cycles. Just pointing out the 12 month gain of 24.86% vs 10% in BTL.
I don't see 10% as something to be smug about - especially when compared to the FTSE 250 index...
Just saying like...
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Originally posted by Jog On View Post
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Originally posted by sasguru View PostVery decent house for a singleton like yourself in a nice area - £250K.
That's chump change - why not buy?
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