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Does the 8.45% PA rise with inflation? For example if I invest £100k then in the first year I should get £8,450 then next year at current inflation rate I should get £8,619. It should be linked to the rate at which rents are rising which is well above inflation so potentially the pay out for the second year should be nearer £9,500.
No, but if you don't take it out in the first year, then it would be compound interest and same would apply for other years. So it would actually beat inflation.
 
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No, but if you don't take it out in the first year, then it would be compound interest and same would apply for other years. So it would actually beat inflation.
It does sound good. I will be coming into a chunk of money soon and am considering using it towards a buy to let but others tell me the agents are always screwing money out of you and of course there's the risk you get a bad tenant which can cost tens of thousands. Managed investment funds are another thing to consider. Work pension is a waste of time, barely above what I've paid in but a pension from a previous job has increased very nicely.
 
It does sound good. I will be coming into a chunk of money soon and am considering using it towards a buy to let but others tell me the agents are always screwing money out of you and of course there's the risk you get a bad tenant which can cost tens of thousands. Managed investment funds are another thing to consider. Work pension is a waste of time, barely above what I've paid in but a pension from a previous job has increased very nicely.
Buy to let isn't as favourable these days because they don't have the "wear and tear" thing, they have clamped down in a few ways on that. There are plenty of ways to make money, that is for sure. Give me a shout if you want more info. Just to be clear, the company that I work for doesn't go down the route of putting money straight into your account as soon as you invest(also Aldo's calculations didn't even make sense), this particular one pays quarterly or you can do compound interest for a 3 or 5 year bond.

Rangers managed a 1-1 draw tonight FTP
 
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The way I understand it and knowing the reputation of the man offering it, if you invest £100k then after the first year you have lost £100k. The following year taking inflation into account you will get £0 and still have lost £100k

<laugh>

Funniest thread in a long while.
 
No, because it is paid quarterly or if you prefer yearly, why would it go straight into your bank account and do you know how to work a calculator?
Well you're saying the returns are guaranteed so why wouldn't you put the money straight into my account?

What difference would it make if it's paid now or 12 months down the line.

I'll have mine now please.
 
Well you're saying the returns are guaranteed so why wouldn't you put the money straight into my account?

What difference would it make if it's paid now or 12 months down the line.

I'll have mine now please.
You are a ****ing idiot.
 
You are an idiot wanting your interest as soon as you invest your money, ya vodka fuelled tramp.
It's not interest though is it?

It's a dividend.

A guaranteed, according to you, dividend.

So you can pay me it up front instead of 12 months down line. It's gonne be the same amount anyhoo int it. You know, with it being 100% guaranteed an that.

Put your money where your big shìt talking mouth is Monnie.

<cheers>