01
Jul
2015
A question about : What is the best long term investment?
Good evening. I am looking to invest 40-50k and I'm looking at it as a 20 year investment. Would I be better going for a investment management company and investing the lot, getting a buy to let mortgage and let somebody pay my mortgage off or go into stocks and shares myself? I know it's all a bit of a lottery but what is your suggestion? I'm looking to do this every three years or so. Thanks.
Best answers:
- Have you got any debts (incl mortgage), or other financial commitments? What tax band? How old? How big is your emergency cash fund? Are you employed - if so are you a member of your work pension scheme? Any other pension arrangements? How much do you know about being landlord?
- Have you made adequate pension provision already?
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