Stock Markets - Any Tips??
- Thread starter Adamski
- Start date
JaEdBa said:
I have saw some real decent repo houses when I looked. I think most houses in general need a make over of some type unless buying a new one or a refurb. I found repo's quite expensive as can hammer the price down of someone really needing to sell a lot easier.
Buying to let you don't even need to pick the usual rental spots. I have noticed a shortage of houses in the more family area's. Where there is a shortage of council/housing schemes there tends to be massive waiting lists. You can easily get people to rent off those lists.
Heres a good tip ............ marriage ....... avoid it. 
Twice I have built healthy bank balances through careful and wise investments, twice errrrrrrrrrr some sweet young thing decided she had more rights to them than I did ........
Years of investments ...... gone in seconds
Much better to enjoy life as it happens, death is apparantly very final and offers no second chances ..... saving and planning for a future or a rainy day is only valid if its your own future and rainy day ..... hahahahaha
Asking our in house 19 year old about his plans for the future etc ..... he answered with a puzzled look on his face, "why do I have to think about buying a home when I already have one ....... errrrhum"
Cynical ..... who me ?????
Twice I have built healthy bank balances through careful and wise investments, twice errrrrrrrrrr some sweet young thing decided she had more rights to them than I did ........
Years of investments ...... gone in seconds
Much better to enjoy life as it happens, death is apparantly very final and offers no second chances ..... saving and planning for a future or a rainy day is only valid if its your own future and rainy day ..... hahahahaha
Asking our in house 19 year old about his plans for the future etc ..... he answered with a puzzled look on his face, "why do I have to think about buying a home when I already have one ....... errrrhum"
Cynical ..... who me ?????
A
Anonymous
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Sunnyme said:
I'd always steer clear of the cheap end of the market (first time buyers properties) you will only get DSS recipients and loads of trouble, best to buy 3rd time buyers properties circa £300-400k, touch wood I've never had any problems and have decent tenants
Marriage-yes steer well clear of that and have a co-habitation contract if living with anyone (the voice of experience talking)
robertsskippyj
Member
If you're worried about the potential loss attached to the market going down you could try a guaranteed equity bond from NS&I. Your investment is stock market linked so if it goes up so does your pot but if it goes down below the level at which you invested you get your money back, the money will be untouchable for 5 years though.cj_eds said:Interesting thread. Not that I have any money I can afford to loose! I have nothing to add, I'll just lurk here reading the tips
Kryton said:I'd always steer clear of the cheap end of the market (first time buyers properties) you will only get DSS recipients and loads of trouble, best to buy 3rd time buyers properties circa £300-400k, touch wood I've never had any problems and have decent tenants
Marriage-yes steer well clear of that and have a co-habitation contract if living with anyone (the voice of experience talking)
fair point, but depends on your personal asset base, i'd prefer 6 small one bed flats to one larger property, i know it's 6 times the admin hassle but you spread the risk - you can't have 4/6ths occupancy on 1 property. insist on employer references and a decent deposit should be ok...
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Anonymous
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JaEdBa said:Kryton said:I'd always steer clear of the cheap end of the market (first time buyers properties) you will only get DSS recipients and loads of trouble, best to buy 3rd time buyers properties circa £300-400k, touch wood I've never had any problems and have decent tenants
Marriage-yes steer well clear of that and have a co-habitation contract if living with anyone (the voice of experience talking)
fair point, but depends on your personal asset base, i'd prefer 6 small one bed flats to one larger property, i know it's 6 times the admin hassle but you spread the risk - you can't have 4/6ths occupancy on 1 property. insist on employer references and a decent deposit should be ok...
A further point if I may, never 'rock up' in a flash car to a property always use something cheap.
Kryton said:
i use that approach in all aspects of life tbh. even in certain workplaces it doesn't pay dividends to turn up in a flash car, suit etc.
people seem to be very judgemental of how others appropriate their disposable income...even if they have worked hard for it!
Probably the greatest tip I could give you, is do not look for anything more if you already sense that what you are getting out of it is already considerable for you.
I mean, if the gain that is posed is already something you could use, sell it right away. Some people turn greedy that they wait some more for the shares to feel higher but usually they are faced with a downhill after that steep climb.
But hey, that is how you make money of it, you have to stay aggressive.
I mean, if the gain that is posed is already something you could use, sell it right away. Some people turn greedy that they wait some more for the shares to feel higher but usually they are faced with a downhill after that steep climb.
But hey, that is how you make money of it, you have to stay aggressive.