Let's say you have £150,000 that you want to use to make more money. What would you do/invest in?
He that wants money, means, and content is without three good friends.
leverage it up and buy property... until I make a few million.
150k = property
250k = nice spread on stocks
you could diversify it.
Pay off a chunk of the mortgage.
Sunderland to win the Tyne-wear derby
I wouldn't invest it, I'd just spend it all on whatever I could.
About £60k would purchase a property via my parents Right To Buy. If i were to put off renovation (loft conversion, good quality conservatory, new bathroom and kitchen) then the other £90k would largely go into equities.
After 10 years my parents would transfer the property ownership to me, i'd not be at the behest of having to sell back to the council and i'd have a property worth £110k+.before any renovation.
Buy run down property cheaply, renovate it and turn profit from it. I'd put some into savings too.