Bossfarmer
Member
- Location
- between Perth and Inverness
the £40/head profit includes notional rent
I've inherited some money, what to do?
- Thread starter Sherlock
- Start date
Tarw Coch
Member
- Location
- Bottom of Wats Dyke
Sounds a pretty good return on investment to me, these sheep farmers must be loaded.
Campbell
Member
- Location
- Herefordshire
As good as the above seems, I think the OP is looking for an investment with no extra work attached. Aren't we all.................
Adam@Rumen
Member
- Location
- Nantwich/Rishton
Absolutely, but I would say it is unlikely. No local new builds are under £100k, I believe there will always be a strong market for "cheap" properties - first time buyers and investors to keep them buoyant.
Yes, got Poles in there at the moment and (touch wood) they're brilliant.
spend it spend it all and die leaving em f**k all
Or Premium Bonds- I used to laugh at mum for putting some savings into premium bonds, but she has made more in winnings than any savings account would have made since the interest rate disappeared.
Spot on. If you want to remain fairly liquid, they are actually the investment of choice for part of a portfolio at the moment. Son had 15K to invest and poo poohed my suggestion of paying off some of the student loans, he checked with his Sis for some advice who works with a Wealth Management outfit...
Suffice to say, I will be unlikely to ever require her professional services, unless ERNIE comes up with 2-3 big wins
she gave her brother very good advice, the whole student loan thing was a scam to win votes, horrendously expensive for the taxpayer and of little help to studentsSpot on. If you want to remain fairly liquid, they are actually the investment of choice for part of a portfolio at the moment. Son had 15K to invest and poo poohed my suggestion of paying off some of the student loans, he checked with his Sis for some advice who works with a Wealth Management outfit...
Suffice to say, I will be unlikely to ever require her professional services, unless ERNIE comes up with 2-3 big wins
Yes they respect rental property unlike the English toe ragsIve Just eviction,rent arrears,bad damage,dog mess ,no respect ,bills unpaid.Walked straight into a council property.
farmerm
Member
- Location
- Shropshire
Your son is wise NEVER VOLUNTARILY PAY OFF STUDENT LOANS certainly if they are pre-2012 ones! Its a bit more complicated for the later students but as a rule it is not beneficial to most to overpay unless on track for a high earnings career path. Student loans are unique in that the repayment rate is based on income and more imporatntly they are wiped after 30 years... they do not compare with any other form of debt. I have foolish friends who paid off their low interst pre-2012 student loans and then took out mortgages at muliple times the student loan rate
farmerm
Member
- Location
- Shropshire
Whilst I can't convert mine to a property (not allowed to use the first time buyer isa to buy a BTL) I still qaulify for having a first time buyer ISA and it pays one of the best interst rates on the market...
Lazy Sod
Member
- Location
- Warminster Wiltshire
I know someone with £50k in premium bonds. He thinks they're great because he wins something almost every month. The trouble is he doesn't add up his winnings and work out his true interest rate, which wouldn't be very good.
farmerm
Member
- Location
- Shropshire
or fences or winter feed or vet and meds or transport or minerals or tags or farm assurance or dead stock disposal or patience, endless patience.. need a few rams too apart from that its all profit.
farmerm
Member
- Location
- Shropshire
Your son is wise NEVER VOLUNTARILY PAY OFF STUDENT LOANS certainly if they are pre-2012 ones! Its a bit more complicated for the later students but as a rule it is not beneficial to most to overpay unless on track for a high earnings career path. Student loans are unique in that the repayment rate is based on income and more imporatntly they are wiped after 30 years... they do not compare with any other form of debt. I have foolish friends who paid off their low interst pre-2012 student loans and then took out mortgages at muliple times the student loan rate
Recent interest on student loans are over 6%....
2 of my kids have hit the repayment thresholds within a relatively short time, lad will be the same 2 years after leaving Uni.
Hilly
Member
- Location
- Scottish Borders.
Yes but if the big one comes up hes laughing and your not, and the difference will be naff all any how for all you get else where.
- Location
- South Wales UK
All taken with a pinch of salt ?
farmer92
Member
- Location
- Northamptonshire
Buy some sheep
tommyurray
Member
REALLY??
A company developing a potash mine with 15% potash content how does it fit in standard compound fertilisers ie 16.16.16/20.10.10or 25..5.5 it is just filler to add to mop for trace elements or are you suggesting that we take in Sirius potash straight and handle 3 times the amount of fert and pay extra for haulage??
No if mining is where you want to invest I’d go for base resources (no recommendation ) free opinions are just worth what you pay for them
- Tags
- premium