I do not want capital depreciation, a bit of growth would be acceptable.
2006-06-07 06:01:56 · 13 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
I think you'll need to invest a lot more money than that. If you earn 6% (which is about the average annual gain on an investment) you are only gaining 30,000 pounds a year, and when you withdraw that money from it, you'll lose a good portion of it to taxes and such, probably close to 1/2 of it.
2006-06-07 06:05:41 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Invest in mutual funds but be warned they are subject to market risks. The safest investment with capital growth is Gold. Only a few tonnes are mined every year and the demand is huge. Look at last 20years of Gold prices then you will understand about what am I talking about.
2006-06-07 06:12:14 · answer #2 · answered by ash_m_79 6 · 0⤊ 0⤋
The amount is not enough to produce passive gains to live off. However with some effort you can parlay the principal with rental property to get cash flow but there is potential down time. Another type of rental property that produces cash flow is a self storage facility.
A franchised business would be another way to get decent returns with minimal effort.
It would also be good to have an exit strategy> selling your investment.
2006-06-07 06:37:54 · answer #3 · answered by selfmanagement808 3 · 0⤊ 0⤋
Buy land in Golfito Costa Rica. MANY lots that sold a few years ago further north of there are now worth triple...or MORE. Great turn over of property!! Check out www.landassurance.com in Domical, Costa RIca and look at the great golfito properties!
Some great examples: A property (about 10 acres) bought 30 years ago for $100, sold for $110,000 four years ago, and today is listed for $1,100,000!
Another, a huge property, with many homesites, sold 12 years ago for $55,000. Last week just ONE homesite sold for over $250,000.
Check out the Golfito properties...it's the next big "hot spot" down here as a new airport will be going in about 40 miles away in the next 10 years and a $40,000,000 new marina is in the works in the nearby town.
Good luck! Pura Vida
2006-06-07 06:10:07 · answer #4 · answered by Anonymous · 1⤊ 0⤋
in no way matter on on base housing being an selection. the waiting lists could be very long, quite for junior enlisted without teenagers. BAH won't consistently cover all housing fees, esp in CA the place that is high priced at heck. the 'low-fee' housing is frequently an hour or ore faraway from base, meaning any savings is eaten up by using gas fees. if he's under E4 it will be difficult in case you're no longer working finished time besides. in certainty it is going to suck royally til he's approximately an E5 and then given which you adult adult males are very solid approximately budgeting and don't spend money foolishly.
2016-09-28 04:20:58 · answer #5 · answered by cosco 4 · 0⤊ 0⤋
Start a business you will earn more by putting it in a bank and in the stock market. plus you will be able to help people with jobs, and that right there is what every good investment is all about.
2006-06-07 06:10:07 · answer #6 · answered by business in texas 2 · 0⤊ 0⤋
You can always get into giving out home equity loans. That is where you loan money on homes with a lot of equity paid into the original loan. If the folks come up short on paying their payments, it goes into foreclosure and you end up with the title deed. Real estate is very lucrative.
2006-06-07 06:05:54 · answer #7 · answered by sherijgriggs 6 · 0⤊ 0⤋
I would go into a fairly conservative portfolio of mutual funds (about 70% bonds and 30% stocks or so) that promises about a 6 or so % return each year.
2006-06-07 07:57:12 · answer #8 · answered by xls8000 2 · 0⤊ 0⤋
You could look into cd rate scanner which would give you the best banks in the USA...they are FDIC Insured which most other investments aren't
2006-06-07 06:05:41 · answer #9 · answered by Anonymous · 0⤊ 0⤋
I have a very good IFSA, if you want further details send me an email.
2006-06-07 07:14:37 · answer #10 · answered by Moglai 3 · 0⤊ 1⤋