Best way to invest 50k?
Best way to invest 50k?
Author
Discussion

Z064life

Original Poster:

1,926 posts

278 months

Monday 7th December 2015
quotequote all
Hi All,


Given the recent BTL changes, this does not seem such a good way to invest (all relative...). So given £50k, what would be a good way to invest this? Below are my circumstances/requirements:


I have one property which is BTL and I'm overpaying on, to pay back the mortgage
Whatever I invest in, I'd love for it to become a passive income stream for my retirement (ok I'm only 29 but like to think ahead!)

I have no kids/wife

I do invest in a stocks and shares ISA but this rarely goes up!


Thanks

jdw1234

6,021 posts

245 months

Monday 7th December 2015
quotequote all
Pay down your BTL mortgage to reduce your sensitivity to further restrictions on BTL sector e.g. banks increasing BTL mortgage rates due to Basel III, restriction on interest only mortgages for BTL etc.

Increasing your equity cushion protects your ability to refinance in case of house price falls.


Ozzie Osmond

21,189 posts

276 months

Monday 7th December 2015
quotequote all
Assuming you're a 40 taxpayer, how about investing in pension with full tax relief?

Although I never really see the point of borrowing money you've already got. So paying down debt has considerable appeal.

Otherwise if there's two of you, you could have the whole lot invested in tax relieved ISAs by the end of April 2016. Keeps you flexible.

dazwalsh

6,115 posts

171 months

Tuesday 8th December 2015
quotequote all
Um another btl? Where abouts in the country are you? Ive just paid a smidgen under 60k for a 3 bed btl here in Leeds. If your in the SE however it might only get you a dolls house as oposed to most of a real house smile

Edit- just read through your post again, never mind smile although i do think btl is still a viable investment even with the SDLT and interest relief changes

Edited by dazwalsh on Tuesday 8th December 00:27

timbutjack

18 posts

249 months

Tuesday 8th December 2015
quotequote all
993 Porsche - values are only going one way and most likely will do forever now.

Look hard enough and get a C2s or C4s for that money.

The Beast of Codfin

101 posts

131 months

Friday 11th December 2015
quotequote all
timbutjack said:
993 Porsche - values are only going one way and most likely will do forever now.
.
Alternatively you might well be buying at the absolute peak.

timbutjack

18 posts

249 months

Friday 11th December 2015
quotequote all
Personally I cant see them ever going down from where they are now.

gregf40

1,114 posts

146 months

Friday 11th December 2015
quotequote all
timbutjack said:
Personally I cant see them ever going down from where they are now.
That's what most people think at the top of a bubble.


The Beast of Codfin

101 posts

131 months

Friday 11th December 2015
quotequote all
gregf40 said:
That's what most people think at the top of a bubble.

The oft repeated graph.

Fancy giving us a few examples of that in practise?

walm

10,644 posts

232 months

Friday 11th December 2015
quotequote all
The Beast of Codfin said:
Fancy giving us a few examples of that in practise?
You realise you are in the finance forum right?
Feel free to check the price charts of:
The Chinese Index

Although that one came back... look it can ONLY go up now... said every Chinese investor up until mid-2015...


The S&P (3 for the price of 1)

OK - here's 6:


poocherama

396 posts

239 months

Friday 11th December 2015
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I'd go one further. Any examples of an asset class that has never been susceptible to bubbles?

The Beast of Codfin

101 posts

131 months

Friday 11th December 2015
quotequote all
Of course I understand bubbles. I mean all the exact parts of the graph that's always posted on threads like this.

walm

10,644 posts

232 months

Friday 11th December 2015
quotequote all
The Beast of Codfin said:
Of course I understand bubbles. I mean all the exact parts of the graph that's always posted on threads like this.
It looks exactly like the first Shanghai one I posted.

In any case - what is the point you are trying to make?
Bubbles don't look exactly like that chart?

No st Sherlock.

gregf40

1,114 posts

146 months

Friday 11th December 2015
quotequote all
The Beast of Codfin said:
gregf40 said:
That's what most people think at the top of a bubble.

The oft repeated graph.

Fancy giving us a few examples of that in practise?
Besides the ones Walm has shown...Bit Coin is a perfect example...as is pretty much every oil/gas minnow that makes a 'huge' discovery.

Hoofy

80,109 posts

312 months

Friday 11th December 2015
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The dotcom bubble was probably the same.

Tulips: http://3.bp.blogspot.com/-88RKIGqG6Ks/UehplB0WGCI/...

twoblacklines

1,575 posts

191 months

Sunday 13th December 2015
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E46 CSL? Can almost buy 2 for 50k...

cslwannabe

1,570 posts

199 months

Sunday 13th December 2015
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twoblacklines said:
E46 CSL? Can almost buy 2 for 50k...
May have been true a couple of years ago but not any more (sadly).

twoblacklines

1,575 posts

191 months

Sunday 13th December 2015
quotequote all
cslwannabe said:
May have been true a couple of years ago but not any more (sadly).
Oh? In Car magazine a few months ago one of the columnists said he bought one that month for just under £29k...


johnwilliams77

8,308 posts

133 months

Sunday 13th December 2015
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twoblacklines said:
Oh? In Car magazine a few months ago one of the columnists said he bought one that month for just under £29k...
Exactly, so 2 would be 8k minimum over budget.

Can't see many on the PH classifieds....one sold for just over 35k and one advertised at over 60k!

The Beast of Codfin

101 posts

131 months

Monday 14th December 2015
quotequote all
walm said:
It looks exactly like the first Shanghai one I posted.

In any case - what is the point you are trying to make?
Bubbles don't look exactly like that chart?
No, that a bubble graph is a very simple bell-ish curve. The one posted with FOURTEEN annotations on it does not represent a typical bubble, just the very occasional one and is the sort of st that people post on Facebook to try and appear all-knowing.

Just an annoying, over-used, pretty inaccurate alternative to saying 'bit of a bubble'.