£280,000,what would you do

£280,000,what would you do

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opm

Original Poster:

77 posts

86 months

Sunday 21st May 2017
quotequote all
Ok folks, at moment circa £280,000 invested via bestinvest in one of their multi asset managed funds, obviously as i am in this i am prepared to take some risks with money.
Now how to make more money with same sort of risk.

Do i, buy another house to rent? terraced houses where i live cost around £100k to £120k for example
Take out money from bestinvest and reinvest it all in vanguard lifestrategy 60 or 80% funds and save about £5000 a year in commision costs? And looking at last 3 years performance (all i can check as fund changed) have better performance.

Quick bit about me...46, no debts, own house, no mortgage, no children etc etc live a simple life etc etc, but wish to retire early.

So ideas please.


Edited by opm on Sunday 21st May 22:28


Edited by opm on Sunday 21st May 22:32

opm

Original Poster:

77 posts

86 months

Sunday 21st May 2017
quotequote all
Pension, guessing a bit but approx 100k in pensions.

To retire early say 15k a year

And yes i have every faith i will die still having a large lump sum and the state or dogs home will benefit, but hey ho i ill be dead so non the wiser!