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Author Topic: Responses on a postcard  (Read 3318 times)
b_000_m
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« on: November 22, 2006, 12:57:36 AM »

and make em genuine:

You have 75,000 pound , your life savings, and you are wishing to invest in something and in the meantime maintain ur living with this money. My thoughts have been to invest in a bar/pub, just wishing to know what you would do..
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Poppet7
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« Reply #1 on: November 22, 2006, 01:27:45 AM »

Invest in a house and rent it out to students maybe
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Colchester Kev
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« Reply #2 on: November 22, 2006, 01:32:13 AM »

a house ...for 75k ??
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Poppet7
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« Reply #3 on: November 22, 2006, 01:41:48 AM »

a house ...for 75k ??

Oh I am sorry Kev, Surely £75k is a good deposit? No?
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thetank
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« Reply #4 on: November 22, 2006, 01:55:08 AM »

You could get two in Stoke for that price.  Grin

I'd buy 150,000 litres of Diet Irn Bru. It's on offer at the Co-Op
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bolt pp
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« Reply #5 on: November 22, 2006, 04:35:18 AM »

Play Poker Roll Eyes
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Colchester Kev
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« Reply #6 on: November 22, 2006, 08:07:13 AM »

and make em genuine:

You have 75,000 pound , your life savings, and you are wishing to invest in something and in the meantime maintain ur living with this money. My thoughts have been to invest in a bar/pub, just wishing to know what you would do..

I would spend every last penny on a massive media campaign to free MikkyT Smiley
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byronkincaid
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« Reply #7 on: November 22, 2006, 09:17:09 AM »

Quote
Play Poker

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matt674
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« Reply #8 on: November 22, 2006, 09:21:20 AM »

http://blondepoker.com/forum/index.php?topic=17122.0
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sponsored by Fyffes
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« Reply #9 on: November 22, 2006, 09:22:40 AM »

I have had a PM from someone who wishes to remain anonymous, pledging 16 pence for the Free MikkyT campaign.

I also have had a PM from another member pledging £100 if I drop the campaign !!




Mikky who ??   never heard of him Wink
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ifm
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« Reply #10 on: November 22, 2006, 09:24:57 AM »

I thought he was "visiting his parents" 
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CelticGeezeer
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« Reply #11 on: November 22, 2006, 10:20:34 AM »

Are his parents prison warders ?
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littlemissC
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« Reply #12 on: November 22, 2006, 10:32:19 AM »

have i missed something :blonde:whats happened to mikkeyT
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madasahatstand
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« Reply #13 on: November 22, 2006, 10:36:21 AM »

he's apparently in the pokey again.

id invest in property. either put a large chunk of the 75k into my current mortgage or as poppet says, put down a deposit on a flat and rent it out

« Last Edit: November 22, 2006, 10:38:08 AM by madasahatstand » Logged

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Jon MW
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« Reply #14 on: November 22, 2006, 12:51:59 PM »

I think Poppet's idea is the best one, but if you used it as a deposit that would waste the amount needed to pay off the balance of the mortgage.

The better way would be to look somewhere where you could buy it outright. Using the first estate agent that sprang to mind (Halifax) and the first Town (Nottingham), I got 9 3 bedroomed properties for less than £70,000.

If you're not in the same town as the property you'd have to get an agent to manage the property for you, but I think this would be a good idea anyway as they are more likely to know what they're doing than an amateur.
 
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