£280,000,what would you do
Discussion
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.
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
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