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How to invest 50K - Your Choice

Investing with just 50k is a lot simpler and easier than you think. 

Through a combination of good fortune and hard work, you have accumulated a savings pot and for this example we are going to say it’s fifty thousand.

To have done that, you have followed the first rule of money.

The first rule of money is that you can either spend it, or you can keep it. So far you have kept it - well done. 25.95% of Brits have less than £1,000 saved whilst 6.50% of Brits have no savings at all.

You have an opportunity to create stability for yourself as more people create wealth in property than in any other sector.

The concept of protecting and growing your wealth through property is well established. It’s one of the few investments where you get the opportunity to be paid twice. 

Once from the rental income, and again from the uplift in value

Now, the problem is, most people in your situation sit on the fence and often use a common list of reasons ‘why not’. 

These reasons typically include no time, too much competition, waiting for the right time, and can’t find the right deals.

No time is usually due to that fact that people are busy and live increasingly busy lives. Between work, commuting, chores, family, friends and personal interests there aren't many spare hours in the day.

Modern day living has certainly turned up the dial. “Seven in 10 think their lives have become just 'too busy' in recent years, and feel the need to scale back to make time for themselves”.

One of the issues can be that you need to be focused on something long enough to know what you are doing is a good choice. When you are coming in and out of learning, researching, planning, implementing and you are new it can be tough. 

Starting and then restarting and having to check if things are the same (they often have changed from the previous day let alone a few weeks) makes it inefficient and hard to gain momentum.

“Time is more valuable than money. You can get more money, but you cannot get more time.” – Jim Rohn

Likewise, too much competition is a common complaint. Whenever you find the right deal or investment opportunity, there are other investors there ready to buy it and they do. 

There is a saying that when a property is on the market if it's still a deal, it won't last long.

Waiting for the right time is historically the key mistake people have made. The number of examples where someone bought a property twenty years ago and it is now worth far more than it's present value.

I wish I had got in earlier.

I should have been born earlier.

It isn't the same for me, these days.

It's not fair.

Markets go up and down, this only matters if you have to sell and you only have to sell if you don't have enough income from the rent to pay the bills.

The best time to plant a tree (or buy a property) was twenty years ago. The second best time is today.

Barclays Bank has reported average property prices in the UK are predicted to rise by 6.1% over the next 5 years. 

You can't buy a property or buy into a property deal if you haven't found it.

Sourcing allows you to select a property or a property deal for you to secure.

Being able to find the best deal, the right deal and to recognise it is perhaps the first essential skill for the new investor to master.

Here is Andrew Carnegie’s perspective… “Ninety percent of all millionaires become so through owning real estate” and not a truer word spoken.

There is no denying that life is both busy and risky, but one thing is for sure - there has always been and will always be secure money in real estate.

We are helping established and potential investors enhance their portfolio or start one. If that person is you and you would like to learn more, we welcome you to fill in the form at the bottom of our blog.

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Meet the Life Assets Team and Partners

Will Mallard

Director leading Property Strategy, Deal Making and Settlement

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