Exactly, Beagle! I'm not sure that everyone realises the gravity of the situation yet.
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Reckless, had good a laugh. It's reckless to have all your money in property.
absolutely, all these are factors that come into your decision making, including your degree of risk acceptance, your insurance cover, a 2nd income , no. of kids, which is why we can only go by the guideline - which is don't do it.
If you know all these things and they are well sorted then you may be able to come to a decision to ignore all the advice , take the risk, and in 5 years time you'll be laughing your way to a mega portfolio - maybe.
I concur with you Peat.
Tick
Low interest rates for a while.
What happens when all the helicopter money is looking for a return
Mega potential for portfolio returns as per 2009
Just be wary if inflation picks up
Mega potential for portfolio slashed also so I have diversified portfolio of investments
Revolving credit available & ready.less risky than CFD's
maybe needs to be clarified what should be put into place
If I was taking risks relying on my income I would stump up for some sort of permanent disability insurance , and life insurance with enough cover to buy the portfolio outright and provide sufficient income for the wife and kids.
Unexpected stuff can happen, and you should see these insurance costs as the price for taking on extra risk and mitigating that risk wherever it is possible to do so.