Age 30 - investing for future - best options?

[v15ben]

The initial message was deleted from this topic on 29 April 2015 at 22:38

[rog007]

I'd spread it around (not too thinly of course): S&S ISA; premium bonds; overpay mortgage until paid off; pension top ups; Zopa; equivelant to 3 months wages in cash etc. If you have special requirements then a good IFA should be able to help. Good luck!

[JungleJim]

I'd divert your 200 a month into a stocks and shares isa in some "risky" funds.

You've got a fair wedge of cash in the cash isa, that's plenty of rainy day money

[Singh911]

Get a property without a shadow of a doubt. Ideally in an up and coming area in London - even if its a small flat. You will struggle to match the return that offers with the leverage of a loan, long term London will be a city of renters, just like a lot of capital cities, it will pay to be on the providers side.

Avoid new builds (too much of a premium), buy near a tube, target areas that are becoming fashionable - clues like trendy coffee shops, cycling shops cropping up, chains coming in.

HTH

[supersport]

Singh911 said:

Get a property without a shadow of a doubt. Ideally in an up and coming area in London - even if its a small flat. You will struggle to match the return that offers with the leverage of a loan, long term London will be a city of renters, just like a lot of capital cities, it will pay to be on the providers side.

Avoid new builds (too much of a premium), buy near a tube, target areas that are becoming fashionable - clues like trendy coffee shops, cycling shops cropping up, chains coming in.

HTH

From what I have seen, he is about £100k a year from buying a that London property!

[Singh911]

Agree - the London flat maybe out of reach but looking at the ops location, there are good opportunities in Berks and Bucks particularly where the cross rail is going. IMO the pension is at best a total waste of time and at worst a high risk ponzi scheme- if it were me I'd put a stop to that right away and seek opportunities in property. just my opinion not advice!