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Welshbeef
Original Poster
13,048 posts
67 months
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Am getting 3% net 40% tax rate payer risk free.
The total is all in ISA 1/5 stock 4/5 cash.
Where should I be putting this and no I don't want to lose it all as have lost far too much previously.
I have overseas property mainly as holiday home but it does rent out now and again and do have rental properties in the UK.
Thanks peeps.
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GT03ROB
2,636 posts
90 months
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This is no help whatsoever Welsh, but I'm looking for similar ideas, so will watch this with interest!
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Welshbeef
Original Poster
13,048 posts
67 months
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Welshbeef said: Am getting 3% net 40% tax rate payer risk free.
The total is all in ISA 1/5 stock 4/5 cash.
Where should I be putting this and no I don't want to lose it all as have lost far too much previously.
I have overseas property mainly as holiday home but it does rent out now and again and do have rental properties in the UK.
Thanks peeps. Edited to add I have no debt except mortgage - credit cards paid off in full every month zero overdraft etc. Objective is to make the most amount of money - in any asset form. Is certain types of classic car the way to go? Or is that really risky
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groak
3,254 posts
48 months
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Lend it, sensibly.
To finish the last part of a largish deal I borrowed 50k last year, personally guaranteeing to repay 60k within 12 months. Only 10k left to repay, and the lender's already asked me if I want more, including for less interest and over longer.
Currently banks aren't doing lending business very competently and there are HUGE gaps in the lending market.
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otherman
1,068 posts
34 months
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..and an easy way to get into the lending market is via a credit union. Funding Circle are returning over 8% gross (I have a good wedge in there and its true, not just their hype) plus its a very low risk investment. Your lending is spread very wide.
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Chunk49
147 posts
19 months
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groak said: Lend it, sensibly.
To finish the last part of a largish deal I borrowed 50k last year, personally guaranteeing to repay 60k within 12 months. Only 10k left to repay, and the lender's already asked me if I want more, including for less interest and over longer.
Currently banks aren't doing lending business very competently and there are HUGE gaps in the lending market. As somone who is in a similar position to the OP and considering whether to take the plunge and buy my own flat (instead of paying "dead" money in rent) or to instead use the money to fund a buy to let (or 2) or to invest it elsehere (e.g. funding circle or the stock market or precious metals or a combination), this post really intrigued me. You're borrowing £x and you're paying back £x plus 20% 12 months later. Who are you lending the £X to in the meantime and on what basis?! And let me know if you want to borrow another £50k.... 
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Somewhatfoolish
3,627 posts
55 months
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groak
3,254 posts
48 months
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Chunk49 said: As somone who is in a similar position to the OP and considering whether to take the plunge and buy my own flat (instead of paying "dead" money in rent) or to instead use the money to fund a buy to let (or 2) or to invest it elsehere (e.g. funding circle or the stock market or precious metals or a combination), this post really intrigued me. You're borrowing £x and you're paying back £x plus 20% 12 months later. Who are you lending the £X to in the meantime and on what basis?! And let me know if you want to borrow another £50k.... The money wasn't re-lent. An opportunity that had been dormant suddenly came up - as usual at the worst possible time. So I had to very quickly put together a largish sum (about £1M) that I mostly didn't have there and then. The deal closed on a certain amount being produced, following which an income stream commenced. I had a choice, which was to wait for about a month without control of the income stream or borrow from a moneylender at (relatively) high interest and get the income started. So I chose the latter. Not a choice I regret. And whilst the moneylender will always repeat the deal I'll certainly bear you in mind should a similar situation arise again, which it very well might.
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Chunk49
147 posts
19 months
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groak said: Chunk49 said: As somone who is in a similar position to the OP and considering whether to take the plunge and buy my own flat (instead of paying "dead" money in rent) or to instead use the money to fund a buy to let (or 2) or to invest it elsehere (e.g. funding circle or the stock market or precious metals or a combination), this post really intrigued me. You're borrowing £x and you're paying back £x plus 20% 12 months later. Who are you lending the £X to in the meantime and on what basis?! And let me know if you want to borrow another £50k.... The money wasn't re-lent. An opportunity that had been dormant suddenly came up - as usual at the worst possible time. So I had to very quickly put together a largish sum (about £1M) that I mostly didn't have there and then. The deal closed on a certain amount being produced, following which an income stream commenced. I had a choice, which was to wait for about a month without control of the income stream or borrow from a moneylender at (relatively) high interest and get the income started. So I chose the latter. Not a choice I regret. And whilst the moneylender will always repeat the deal I'll certainly bear you in mind should a similar situation arise again, which it very well might. Ah I see now - it was the previous "lend it, sensibly" that confused me. Good luck on whatever the venture is 
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OscarIndia
623 posts
41 months
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Welshbeef said: Edited to add I have no debt except mortgage - credit cards paid off in full every month zero overdraft etc.
Objective is to make the most amount of money - in any asset form.
Is certain types of classic car the way to go? Or is that really risky I did this, but it was part of a wider range of investements. Fun and potential in one tidy packet! 
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Welshbeef
Original Poster
13,048 posts
67 months
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OscarIndia said: I did this, but it was part of a wider range of investements. Fun and potential in one tidy packet! Lovely. Wish they were £50k. Is that the V8 run out model with 425bhp?? About £70k? One car I see and think utter class pretty and aggressive in one ad what a noise enjoy it. If that was your sole investment would you do it?
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OscarIndia
623 posts
41 months
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Welshbeef said: OscarIndia said: I did this, but it was part of a wider range of investements. Fun and potential in one tidy packet! Lovely. Wish they were £50k. Is that the V8 run out model with 425bhp?? About £70k? One car I see and think utter class pretty and aggressive in one ad what a noise enjoy it. If that was your sole investment would you do it? Its a 1979 Oscar India, about £45k so right in your budget! As a sole investment, difficult one! I did have another, a series IIIs I bought that from Ebay in about 2002 for £13k, sold it two years later for 18k and had a wonderful time in it. It never didn't get to where we were going, not to say there were not a few problems on the way! At the time I had to take a loan to get it, but never regretted it. The answer is you only live once!
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walm
3,441 posts
71 months
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Good luck with whatever you do but remember if you pull it out of the ISA you can't put it back in again.
(You can only put in the £11k limit once per tax year.)
Also since it is in an ISA that 3% isn't net of tax - there is no tax to pay.
But again if you take it out any gains would be liable for CGT or income tax if it's just interest.
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Welshbeef
Original Poster
13,048 posts
67 months
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OscarIndia said: Its a 1979 Oscar India, about £45k so right in your budget!
As a sole investment, difficult one! I did have another, a series IIIs I bought that from Ebay in about 2002 for £13k, sold it two years later for 18k and had a wonderful time in it. It never didn't get to where we were going, not to say there were not a few problems on the way!
At the time I had to take a loan to get it, but never regretted it.
The answer is you only live once! Is it seriously £45k?wow that is a great price IMHO
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cerberaperv
389 posts
84 months
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Private funding is the way to go for a good return. I give our cash investors 1% per mth on £50k+ and the investor has security by way of first charge on a property.
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Chunk49
147 posts
19 months
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cerberaperv said: Private funding is the way to go for a good return. I give our cash investors 1% per mth on £50k+ and the investor has security by way of first charge on a property. Could you explain/elaborate? Thanks
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cerberaperv
389 posts
84 months
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Apologies for delay in replying. Sometimes when your online for 15hrs a day with work, you just want to shut off.
I source distressed properties for a living. I'm fair and I'm ethical, before I get judged ;-)
Some of the properties I source can be turned around relatively quickly for a good return. Sadly my pot isn't endless so I'll pass the deals on to my buyers and charge a sourcing fee.
The ones I do secure for myself I will sometimes use an investor's money for the deal. At the time I purchase the property using the 'borrowed' money, I will secure the property in the investor's name as a first charge/deed of trust
The prop gets sold as quickly as possible using various methods ( email for full details, forum abbreviated) and I make a profit. Taking into consideration my private finance fees @ 1% mth before I purchase, I calculate all costs so I know I'll make a profit, even if the project goes over by a long term. In which case I'll change exit and pay off private finance.
From an investors point of view, they can see a return of 1%mth while the funds are out AND they have the security that if the project goes tits up, they have a property purchased at a discount which they could (but never have as I cover all angles) take over and sell.
PM for more details.
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172ff
1,405 posts
64 months
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Go and see a good IFA. Invest it.
Maybe buy 5,000,000 penny coins. Read it. Five million coins. Five million!
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Pulse
8,647 posts
87 months
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Welsh, we're in a similar position, and I'd be interested to hear why you're looking to invest it elsewhere, rather than paying off the mortgage.
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Welshbeef
Original Poster
13,048 posts
67 months
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Pulse said: Welsh, we're in a similar position, and I'd be interested to hear why you're looking to invest it elsewhere, rather than paying off the mortgage. Simply as my mortgage is 2.99% I know the safe option is carry on pay if off ASAP and then once cleared well even if you lose all your savings who cares you still own the house lock stock. But even though I've lost a heap on equity already I'd still beyond it as a balanced portfolio. Or buy some more property leverage up. It really is a tough call. I have seen people making heaps in classic cars within 6 months to a year which no other investment could currently do. Is it repeatable who knows us it a case of jumping on the band wagon maybe is it a case of horse had bolted then jump on only for it to collapse ... That is the fear I will not deny it. I really like te prospect of buying everything fr cash in the future totally risk free but in doing so I'm missing out on the opportunity cost and that's what I'm after. I have my mortgage free date highlighted and when I have a bonus or promotion or whatever that date gets closer. Guess maybe I'm looking for the investment that would never exist high return super low risk...
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