karatemaserati
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say i had 60k to invest and i wanted to make income from it what would be the best way?? i see a vanguard thing shouted about on reddit alot. or would i be better off doing doing property BTL?
investing in markets for income
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SE_123
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^ Boring
Vanguard is a decent bet and make sure to use your tax free allowance (if you have any). Allocate your money across a few funds they offer depending on your risk tolerance.
As you go on Reddit I would suggest you just yolo on some peloton puts and gme calls, then post the loss p0rn.
It depends how much you want to risk the £60k , how reliable you need the income to be and even more importantly how much time and effort you can put into learning about what you want to invest in. Also what you currently have in terms of investments and loans (e.g. mortgage - maybe it would be better to pay some of that off). Then there is your tax position to take into account eg for ISAs and Pensions.
Funds like Vanguard can be great and millions of people rely on them for safe investing that meets their needs, they are very much mainstream. But be really careful getting advice off Reddit, it’s full of sharks and misguided people pumping their latest con.
If you don’t want to take any risks and don’t want to spend much time on it, I’d say put it in bank savings account with a rate fixed for a year or two. Bear in mind the best rates you can get will still be less than inflation at the moment.
If you don’t mind spending some time, I’d find some books and online articles to read about investing and figure out what’s best for you. There really isn’t a shortcut, but it’s not that hard to follow once you get into it. You aren’t trying to become an investment guru, just learn enough to figure out what works for you. In the long run you’ll probably do better this way, but if you think you might spend it on a Maserati in the next couple of years it might as well go in the bank.
Some people will recommend speaking to an Independent Financial Adviser. Personally I’ve had mixed experience with them so I don’t use one now. Certainly they won’t claim to find that special investment that will double your money, that’s not their role.
Best of luck.
Funds like Vanguard can be great and millions of people rely on them for safe investing that meets their needs, they are very much mainstream. But be really careful getting advice off Reddit, it’s full of sharks and misguided people pumping their latest con.
If you don’t want to take any risks and don’t want to spend much time on it, I’d say put it in bank savings account with a rate fixed for a year or two. Bear in mind the best rates you can get will still be less than inflation at the moment.
If you don’t mind spending some time, I’d find some books and online articles to read about investing and figure out what’s best for you. There really isn’t a shortcut, but it’s not that hard to follow once you get into it. You aren’t trying to become an investment guru, just learn enough to figure out what works for you. In the long run you’ll probably do better this way, but if you think you might spend it on a Maserati in the next couple of years it might as well go in the bank.
Some people will recommend speaking to an Independent Financial Adviser. Personally I’ve had mixed experience with them so I don’t use one now. Certainly they won’t claim to find that special investment that will double your money, that’s not their role.
Best of luck.
MarkMas
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....................................................................................^^^^^^ Not boring.
sionie1
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Can't talk about investments, but be wary of the BTL - it's getting increasingly targeted by councils and local authorities and the Chancellor with red tape and regulations that massively favour the tenants. I know of 2 landlords who had no income for 2 years whilst they tried to firstly work with the tenant and then evict them. Other local councils are implementing all sorts of schemes and registrations so it also depends on where in the country you're looking. You can make money, but do LOADS of research and speak to a good accountant.
Holiday lets still attract good returns and better tax breaks, but have periods of no occupation and can be a hassle ( cleaners, peoples crazy expectations etc)
For my £60k I'd be considering a self build somewhere to sell on, ideally a pair of semi detached houses, buy the land for £60k and then finance the build.
MarkMas
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Put £60,000 into Vanguard. After a year, get back somewhere between £50,000 and £70,000, but probably £58,000 or £62,000.
Put £60,000 into Premium Bonds. All year, get about £25-£100 each month, and have £60,000 plus maybe £500. And the chance of an extra £100,000.
lifes2short
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bricks and mortar or the right classic motor at the right price, no capital gains tax on motors when selling 
lifes2short
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interesting, what are the odds in getting the 100k then ?
SE_123
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Sounds like you will get eaten by inflation enjoying a 1% prize rate.
I would bet (and I do) long term actual and sensible investing will massively outperform premium bonds with a 5-10yr view.
lifes2short
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fonejacker was brilliant, remember terry tibbs, cracked me up
lifes2short
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maserati one
MaserMike
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I second that…bricks and mortar or the right classic motor at the right price, no capital gains tax on motors when selling
Alternatively the funds can be transferred to my account and I’ll invest it wisely for you. I’m sure I have a billionaire uncle who can help with investment advice
Scaf
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I would say if you are having to ask the question then stay away from shares, time effort and risk.
Banks give you nothing, premium bonds might give you something, but are zero risk. I got at 8% return last year on £50k my wife’s got 5% on the same amount, my some got 11% on £30k - so a bit of a lottery.
The right classic could be a good bet, I got into my TR6 at £19k and been offered £21k already.
A buy to let in the right areas would be the best return if you can get it financed.
Banks give you nothing, premium bonds might give you something, but are zero risk. I got at 8% return last year on £50k my wife’s got 5% on the same amount, my some got 11% on £30k - so a bit of a lottery.
The right classic could be a good bet, I got into my TR6 at £19k and been offered £21k already.
A buy to let in the right areas would be the best return if you can get it financed.
Wattie
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I’d be very wary at this point in the economic cycle.
Central banks are now trying to unwind their decade of free money by tapering,stopping it/ implementing interest rate rises to combat the fake high inflation figures they are prepared to admit to.
It’s highly unlikely that markets ( housing too) will not crash if they proceed with their outlined plans.
I’d be thinking “capital preservation” is the most important objective as bankers try to bluff their way out of the situation they have created.
AKCH01
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If you're willing to do research then I'd say blockchain/crypto (not talking about bitcoin/eth but other Layer 1 chains) based on personal success but it certainly isn't guaranteed. Some liquidity pools and staking opportunities are rewarding you 50-60+ APY. Find some which are new, be involved in the community and purchase at investor rate, if the token has a good ICO you could sell the moment it launches at 20x where you came in.
Of course rug pulls are a thing as well as the market being super bear-like as it waa at the beginning of the year and plenty of other considerations which make it something most would shy away from. The other thing to consider, if its being broadcast on the news and "common" trading platforms means the bubble has already burst and isn't likely to keep going up.
Of course it is worth remembering, value of assets could go up or down - standard disclaimer: this isn't financial advice.
Of course rug pulls are a thing as well as the market being super bear-like as it waa at the beginning of the year and plenty of other considerations which make it something most would shy away from. The other thing to consider, if its being broadcast on the news and "common" trading platforms means the bubble has already burst and isn't likely to keep going up.
Of course it is worth remembering, value of assets could go up or down - standard disclaimer: this isn't financial advice.