Question / Discussion Investment ideas

[billyrayvalentine999]

Hi everyone,

I haven't posted on here for sometime and I'm looking for a bit of inspiration.

So, I was due to buy a buy to let property with a value of just under £80,000, which would return about £400 per month after mortgages fees were taken out of it (excluding tax, building insurance etc) and I've decided that it's just too big a risk. I'm putting in about £18,000 (25% ish)and it just doesn't seem like the best use of my money. This would have been my first BTL and I'm not sure it's for me.

I realise this is a very broad question but does anybody have any investment suggestions?

Cheers,

Billy.

 

[rich110991]

Crypto?

 

[mikecmr]

fixed 5 year bond, 5% cash isa (tax free return) premium bonds (tax free return) LISA, if you are under 40

I looked at BTL but there are so many issues i saw, new boiler for example that's 1 years rent gone, roof repairs etc etc and that's if they pay, you will also have tax to pay on your income (unless you are doing something with it)

 

[homie]

Stocks and shares ISA - Global ETF and leave alone. Values have dropped because of the tariff fiasco so could be a good time to buy.

Bitcoin, maybe. But keep away from all the shitcoins.

Look into Silver, I think it has more room to run than gold.

Mike above mention a 5% fixed bond. If you can get that in an ISA I would lock that in for a portion of cash to keep it safe. 5% won't be around for long. (I'm surprised its still available at all to be honest)

 

[mikecmr]

Stocks and shares ISA - Global ETF and leave alone. Values have dropped because of the tariff fiasco so could be a good time to buy.

Bitcoin, maybe. But keep away from all the shitcoins.

Look into Silver, I think it has more room to run than gold.

Mike above mention a 5% fixed bond. If you can get that in an ISA I would lock that in for a portion of cash to keep it safe. 5% won't be around for long. (I'm supposed its still available at all to be honest)

Plum cash isa is currently 5.92%, i got a 5% bond with ubl bank last year but with looking its 4.46 now, Halifax have a good monthly paying interest account running at 3.3%

I would personally put it in an isa/S&SIsa/LISA and not give Rachel from accounts anymore tax

Disclaimer I'm not giving financial advise as I'm not a financial person just bits that i have seen.

 

[LaurenKnox]

I’ve been looking into social impact investing lately, where your money goes into businesses or funds that try to make a positive difference as well as a return. It feels good knowing you're not just chasing profit but also backing something that helps people or the planet. A lot of platforms now show you exactly what your cash is supporting, which makes it way easier to feel confident with the choice.