blackydog Posted January 15, 2018 Share Posted January 15, 2018 Money (theoretically) coming out of a pension pot, that you don't want to buy an annuity with. (drawdown not an option). SIPP, Managed SIPP, a house to rent out? experiences? Link to comment Share on other sites More sharing options...
mossdog Posted January 15, 2018 Share Posted January 15, 2018 Money (theoretically) coming out of a pension pot, that you don't want to buy an annuity with. (drawdown not an option). SIPP, Managed SIPP, a house to rent out? experiences?..........probably a good time to avoid Property speculation,Crypto currencies and Shares at the present! Could be corrections coming down the line soon enough. Link to comment Share on other sites More sharing options...
smithy266 Posted January 15, 2018 Share Posted January 15, 2018 buy a classic car or two.... Link to comment Share on other sites More sharing options...
cgksheff Posted January 15, 2018 Share Posted January 15, 2018 Stocks & Shares ISA. Link to comment Share on other sites More sharing options...
WasThatWise Posted January 15, 2018 Share Posted January 15, 2018 Ratesetter peer to peer (capital at risk) Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted January 15, 2018 Share Posted January 15, 2018 Freehold reversions: less risky than websites. Link to comment Share on other sites More sharing options...
Cyclone Posted January 15, 2018 Share Posted January 15, 2018 Money (theoretically) coming out of a pension pot, that you don't want to buy an annuity with. (drawdown not an option). SIPP, Managed SIPP, a house to rent out? experiences? Presumably SIPP would mean it was a transfer from the existing pot? I have a SIPP, making a reasonable return, but it seems like an odd choice if the money is coming out of a pension scheme due to you having reached the point you can withdraw it. You'd lose a lot of the tax advantage wouldn't you, I'm not even sure it's 100% legal if it isn't just a transfer. And if it is just a transfer then obviously you can't buy a house to rent out with it. Speaking of which, I wouldn't try to get into the small landlord game at the moment, there's no money to be made there. You'd lose 3% just on buying the house due to the additional stamp duty charge. Link to comment Share on other sites More sharing options...
Waldo Posted January 15, 2018 Share Posted January 15, 2018 ..........probably a good time to avoid Property speculation,Crypto currencies and Shares at the present! Could be corrections coming down the line soon enough. If looking at crypto, it's worth signing up to a few exchanges now, rather than later (it won't cost you anything). A few exchanges now are not allowing any new signups, due to the sheer volume of new people coming in, their servers and tech can't cope. So yeah, if you're thinking about crypto, better to get accounts setup on exchanges now, just incase you decide to jump in at some future point. Just to warn people, crypto is extremely volatile, so don't put in anything you're not prepared to lose! Link to comment Share on other sites More sharing options...
El Cid Posted January 15, 2018 Share Posted January 15, 2018 ..........probably a good time to avoid Property speculation,Crypto currencies and Shares at the present! Could be corrections coming down the line soon enough. You will be avoiding everything except banks and building societies if you don't like risk. I have invested in shares for over 20 year, I have lost thousands and gained thousands, probably gained more - most people die rich, is there any point in doing that. Link to comment Share on other sites More sharing options...
Cyclone Posted January 15, 2018 Share Posted January 15, 2018 Investing in bitcoin at the moment is akin to betting on the horses. Investing in shares, with a long term view and a diversified portfolio is far lower risk. Link to comment Share on other sites More sharing options...
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