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First Property Investment

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Money Talk > Investing, Stocks and Bonds

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donnieclark
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Cash: $ 1.00

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Joined: 06 May 2017
Location: New York
First Property Investment  Reply with quote  

In an attempt to diversify my portfolio I am considering a foray into property. I am looking at the following.

Student lettings such as ESP or UTG
FPO
Shaftesbury. A short term play on takeover hopes

Any comments or suggestions for alternatives would be welcome.

please help.

Thanks.
Post Mon May 08, 2017 1:22 pm
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oldguy
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Joined: 21 May 2006
Location: arizona
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Studies have been done on lottery winners (and inheritances, legal awards, etc). On average, a winner blows thru the money in 7 years - they are conditioned to weekly pay, and are unable to manage lump sums - what intuitively appears to be "good" ideas are, in fact, the exact opposite.

You might try the 'Little Book of Common Sense Investing' by John Bogel, it's a small book, $15, concise, informative, and straight forward. It could keep you from runnng ofvf into the weeds as you search for investments.
Post Mon May 08, 2017 3:18 pm
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