- Stock Market- NOPE..too much uncertainty and who knows if we are at the bottom? Just look at Japan stock market. This market has not come back to the same level as 1989. I am 60 years old and looking not just return on investment….RETURN OF INVESTMENT
- Bonds- Nope…Inflation will eat me up and high yield bonds can default
- Cash in the bank- I lose to inflation and only insured up to 85k. Remember Northern Rock…maybe better to forget!!
- Buy to let property with professional tenants? Good luck if the economy worsens or inflation increases and they can not pay your rent. You only will have to wait 1 to 1.5 years to get your property back. Then the next question is what condition would I get it back? NOPE…no desire
- Professional HMOs? Nope…utilities are increasing. tenants will leave the windows open and have the heat on 30% for their sauna. Sure you can cap usage, becomes another challenge dealing with tenants..What happens if they do not pay. What happens if they disturb other tenants to the point they want to move out. NOPE…Did professional HMOs from 2014 to 2020. One good thing of Covid was I sold my last Professional HMO in Feb 2020.
- Social Housing…YES YES YES- Why? I have no voids…no management…no maintenance as long as no structural issues..no council tax…no utilities…7 plus 3 year contract govt backed. That is the good news…bad news…Banks do not like the long leases and there is a break clause however there are over 40,000 people in hotels that need these properties.
#property #project #bno #Hongkong #hongkongbusiness #investment #propertyinvestment #UKProperty #ukpropertymarket #Handsoff #manchesterproperty #liverpoolproperty
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