I’ve been offered a forex trading system scams elderly pension now in exchange for poorer one later – should I accept? Who makes the most reliable cars? SIMON LAMBERT: Freeze house prices for five years?
On my death my sons will inherit my house and a flat I inherited from my mother. Will they have to pay CGT on the flat and is it better to sell it now? Would you fix your mortgage until 2028? PROPERTY CLINIC: Which extension or renovation adds the most value to a property? 130k to invest after a property sale – how do I get started? I am a 72-year-old retired builder.
130,000 to invest, preferably for income. I have a medium appetite for risk. Any advice would be most welcome. The right decisions for you will depend on your personal circumstances, what you want to achieve and how much risk you’re willing to take. How much income do you need?
What other savings and investments do you have and how much will you be relying on this money? How much money do you need before you start investing? You need to look at this money in the context of your overall finances rather than in isolation. To start with, do you have any imminent requirements for the money? For example, are you looking to do property renovations, to buy a new car or any other purpose?
If so then put money aside for this. Next, do you have any cash savings? Even though cash interest rates are very low, everybody needs some accessible money in cash to cater for any short term emergencies or requirements. 20,000 if you’re particularly cautious, might be reasonable.