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  1. H

    Someone Tell Me What To Do!!!!!!

    ESR Bob Thanks for the replies. If I was to clear all the buy to lets it would generate an income of £16200 after tax and running expenses. I think you are probably right, I should sit on the money for 6 to 12 months and then have another look at the situation. I think semi-retired is also...
  2. H

    Someone Tell Me What To Do!!!!!!

    My figures are in pounds sterling - sorry if this has caused any confusion. I have been running my own company for a few years and have had a good offer and decided to sell. This has enabled me to clear the mortgage and left me with the £280K to invest. I got the investment properties 3 years...
  3. H

    Someone Tell Me What To Do!!!!!!

    Thanks for the comments - My house is worth 400K and all paid up. After that I have 280K in cash. I am in the UK and the Gross bank interest rate I have is 5.1% - but the problem is that I need to get to 6% after the taxman has taken his slice!! I also have 4 buy-to-let properties, they all...
  4. H

    Someone Tell Me What To Do!!!!!!

    Not really the advice I was after!! I won't be working as I have just sold my business - the money I have available to invest is from the sale. My partner or I may well get a part time job in 6 to 12 months time to bring in some extra cash. So can anyone give me some investment strategies to...
  5. H

    Someone Tell Me What To Do!!!!!!

    I am about to stop work...... I am 31 yrs old.... I have 280K to invest... I need about 17K a year to live on (I have paid my mortgage off already) I realise that this is about 6% per annum, more than the 4% SWR I have read about. So come on, how do I get to 6%, I am prepared to sacrifice...
  6. H

    What would you do?

    I am in the UK £ Mortgage rate on main home is 3.99% On the let properties is about 6%
  7. H

    What would you do?

    Thanks. I am not worried about the capital growing. 50% of the income stream would need to keep pace with inflation though. Basically - I have 500K cash Mortgage on main home - 230K (1480 per month) 4 let properties with total mortgages of 260K (mortgage payments covered by tenants) And I...
  8. H

    What would you do?

    Thanks JG So is a realistic overall return about 6%? I assume this is before tax? My goal was to generate about 3K a month but this would need to achieve 7.2% after tax - can it be done? Thanks
  9. H

    What would you do?

    What is the % split of your investments?
  10. H

    What would you do?

    Hi I want advice on how you would invest 500K I want it to generate an income rather than capital growth. Can you give me an idea of what kind of return it would generate. I am new to investing and want as many different opinions as possible!! Thanks
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