ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Aug 19, 2017 10:28:27 GMT
I can't find that this has been a Topic raised elsewhere before so thought I'd start it. (Mods, of course please merge if so)
Given The Valuations Scam surrounding Valuations/LTVs and Property Loans, plus other "indicators" happening within P2P, it's possibly a VERY good time to consider other homes for your hard earned funds.
But where to go? If I had off street parking for instance I would definitely buy a Classic Car and at least enjoy driving it every Sunday.
But what else? I am not versed in Wine, Whisky, Precious Gems, CryptoCoins, Gold, Carpets, Art, etc, etc, but would happily invest in the learning curve if I thought one or two alternative investments was a reasonable bet.
I'd certainly get back into Funds like a shot but they're all quite expensive at the mo and I'd guess we all think there's a market correction coming.
Do fellow readers have any ideas on an Alternative Investment/s with reasonable returns? Bank rates suck and inflation is rising so negative "investing" there!
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Liz
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Post by Liz on Aug 19, 2017 11:16:04 GMT
I would love to pull all of my money out of p2p and to earn a high interest rate for a low risk, the problem is there aren't such investments out there. I like you don't understand a lot of alternative investments. Bonds could be an option, but again I don't fully understand them. Stocks might be vastly inflated, so I don't want to to risk a large capital fall.
p2p has served me well since 2012, losses are to be expected, valuations across a lot of different assets are often wrong or at least wrong in a distressed sale situation, but overall I have made over 10%pa, which I am happy with, despite a lot of bad investments decisions on my behalf(combined with bad platform info). If I had left the money in the bank, I would have been a lot worse off.
Not east times to find a high interest, safe(ish) investment.
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upland
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Post by upland on Aug 19, 2017 12:35:05 GMT
There are many 'alternative' investments often touted some quite interesting. Personally I dont like them because you just dont know how safe they are and they are usually not liquid and little prospect of selling them. I prefer the idea of access them via a p2p platform so one has the protection of diversity. One does hear of minibond failures etc ("secured energy bonds"). Perhaps a good thing to do would beto encourage some of the better p2p platforms to consider more of the alternatives.
Nobody knows where the stock market will go.
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justme
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Post by justme on Aug 21, 2017 5:33:12 GMT
Now with FC essentially halving interest rates overnight this question becomes even more relevant...
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Post by nellerdk on Aug 21, 2017 9:25:42 GMT
classic sports cars
red wine
antique coins
rare graded Magic cards
buying land abroad
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angrysaveruk
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Say No To T.D.S
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Post by angrysaveruk on Aug 21, 2017 10:32:55 GMT
What originally attracted me to P2P was it made economic sense. Lending money without the massive overheads of a bank. If you like the idea of lending money and prefer credit risk, I would say looking at something like corporate bonds if you dont want to risk equities (which at the moment is understandable): www.hl.co.uk/shares/corporate-bonds-gilts/bond-prices/gbp-bonds - although if you invest long term there is also an interest rate risk but this can also work in your favour. You can earn a reasonable % lending to pretty welll established (and audited, unlike some P2P platforms  ) companies Personally I tend to stay away from exchange trade funds etc since I dont like paying people a % to gamble with my money for me. Id rather gamble with it myself  |
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ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Aug 21, 2017 12:18:48 GMT
Yes, thanks angrysaveruk. tbh I had more less decided that "Blue Chip" Corporate Bonds are going to be my next port of call, mainly because I'm exhausted from P2P DD and want more hands off.
Very aware that Bonds are not "safe" but they're a reasonable bet in a nowhere to invest your money world.
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angrysaveruk
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Say No To T.D.S
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Post by angrysaveruk on Aug 21, 2017 12:44:44 GMT
Yes, thanks angrysaveruk. tbh I had more less decided that "Blue Chip" Corporate Bonds are going to be my next port of call, mainly because I'm exhausted from P2P DD and want more hands off. Very aware that Bonds are not "safe" but they're a reasonable bet in a nowhere to invest your money world. There are alot of investments out there available to smaller investors that alot of people simply are not aware of. For example, my father specialises in investing in preference shares which he earns about 8% pa on, some of which he has held since the early 1990s. His long risk adjusted returns would probably make most investment professionals think about jumping off london bridge
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macq
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Post by macq on Aug 21, 2017 12:48:35 GMT
Yes, thanks angrysaveruk. tbh I had more less decided that "Blue Chip" Corporate Bonds are going to be my next port of call, mainly because I'm exhausted from P2P DD and want more hands off. Very aware that Bonds are not "safe" but they're a reasonable bet in a nowhere to invest your money world. within bond funds there are funds like GAM star credit opps & Royal London high yield which may satisfy your urge to gamble but hopefully with a safe hedge due to the bonds they pick
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jonno
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nil satis nisi optimum
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Post by jonno on Aug 21, 2017 15:57:26 GMT
I've held Royal London Stirling Extra Yield Bond in my ISA for about five years now. It earns around 6% a year and has grown in value by around 15% as well over the period. Not bad.
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justme
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Post by justme on Aug 21, 2017 16:18:37 GMT
Suppose I will need to educate myself on bonds now and find a discussion board like this one but for bonds ... Ah well they say making one's brain work delays dementia so why not. Plus they can be held in an ISA no issues I guess.
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macq
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Post by macq on Aug 21, 2017 16:25:52 GMT
I've held Royal London Stirling Extra Yield Bond in my ISA for about five years now. It earns around 6% a year and has grown in value by around 15% as well over the period. Not bad. hopefully you mean one year as its up about 68% over 5 years according to Citywire & Money observer among some sites you can check(15% 1 year & 25% over 3 )
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macq
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Post by macq on Aug 21, 2017 16:30:44 GMT
Suppose I will need to educate myself on bonds now and find a discussion board like this one but for bonds ... Ah well they say making one's brain work delays dementia so why not. Plus they can be held in an ISA no issues I guess. bond forums on Citywire & Fixed income investor websites could be a good starting point(but not as much fun as on here ) no probs with an ISA that i know off _ crossed with Dan1
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Post by dan1 on Aug 21, 2017 16:31:27 GMT
Suppose I will need to educate myself on bonds now and find a discussion board like this one but for bonds ... Ah well they say making one's brain work delays dementia so why not. Plus they can be held in an ISA no issues I guess. On my to-do list as well. Keep meaning to dig around in Fixed Income Investor, which includes a learning section and a forum with some familiar users.
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Liz
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Post by Liz on Aug 21, 2017 16:37:06 GMT
Suppose I will need to educate myself on bonds now and find a discussion board like this one but for bonds ... Ah well they say making one's brain work delays dementia so why not. Plus they can be held in an ISA no issues I guess. On my to-do list as well. Keep meaning to dig around in Fixed Income Investor, which includes a learning section and a forum with some familiar users. have you looked at wise alpha? There is a board on this forum for them, might be worth a look. p2pindependentforum.com/board/103/wisealpha
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) companies
