Pension or property? That is the question....

Pension or property? That is the question....

Author
Discussion

Napper

Original Poster:

120 posts

213 months

Friday 31st October 2014
quotequote all
As the title states, I was curious what peoples opinions are on whether they think it's better to put more money into a pension or use the money to invest in property I.e. Buy to let....

Napper

Original Poster:

120 posts

213 months

Sunday 2nd November 2014
quotequote all
I am in exactly the same position as you. I have a few relatively small company pensions but 2 years ago I went contracting. I know I can pay upto £40 / year into a pension from my business account but I could also start buying and renting property. I have about 2.5 years till my property is paid off so I want to start looking at either buying property or heavily investing into one of the pensions.

Thanks for the replies so far.

Napper

Original Poster:

120 posts

213 months

Monday 3rd November 2014
quotequote all
Phew....... For a while I thought my accountant was letting me be very naughty smile

Napper

Original Poster:

120 posts

213 months

Tuesday 4th November 2014
quotequote all
I like the way you're thinking but I don't use premises for work. I simply hire me and my capabilities