To ask if you had 100k

[igotnotimeforthis]

What would you do to make a living out of it?
Is it even feasible to get a decent return of a 100k investment? Decent enough to live off of? Hard work is not an issue, but ideally not high risk. Then again no gain i guess without risk.

[LoupGarou]

We aren't in the UK but I would use it as a down payment on a block of flats to rent out. Here that would give the best returns.

[19lottie82]

If everyone who had £100k knew the answer to that they'd all be laughing!

I guess the obvious answer is property (awaiting BTL hate brigade making an appearance), but obviously that's not without risk and / or hassle.

[19lottie82]

But enough to live off? No I don't think so......

Depending on where abouts in the U.K. You are £95k (legal fees and improvements) would maybe get you a property you can rent out for £400-450 a month?

You'd have to pay for upkeep of the property, repairs and account for periods of time where it was empty or with non paying tenants. Then you'd have to pay tax on that if you had other income sources which brought you up to £11k pa.

[MumOfTwoMasterOfNone]

I'd flip properties. Im starting work again this week after maternity and I'd like to start doing this once I've saved enough for a deposit! My DP is an electrician and we know a lot of tradespeople though. I'm not afraid of hard work, but a FT job, 2 under 3 and a 10+ hour commute a week may mean it takes a long time for us to start.
I wouldn't say it would earn enough to live off, but maybe if you could get BTL mortgages in very cheap areas.
BTL is being discouraged currently though.

[VeryBitchyRestingFace]

Well, you could go (back) to uni and retrain in a potentially more lucrative field.

I'd do that if I had £100k (and pay off the mortgage).

[HermioneWeasley]

In the U.K. It's very unlikely that £100k would generate enough income to live off. Unless you incrementally invest and grow that to be £750k+

[edwinbear]

I recently received a redundancy payout of more than that and can categorically say (after 4 months of research), it's insufficient to retire on. Mores the pity.

[DailyFail1]

You could get an income if you invested in shares like HSBC that pay around a 5-10% dividend per year. Obviously there are risks attatched.

[Pinotwoman82]

Could you buy a flat and rent that out? Not quite as much as a house

[Ncbecauseitshard]

I'd find someone to go in on a franchise with me, subway or the like.

[PumpkinPie2016]

We have approximately 100k in managed fund stocks and shared ISAs.

The amount does grow over time, even with ups and downs but currently doesn't generate enough interest to live off.

Maybe in a few years it will have grown enough

[Leatherboundanddown]

I couldn't live off it but what I would do with it is buy a small house outright and live in it therefore saving myself 650pcm in rent. So it would improve my life greatly.

[witsender]

I'd pay off the mortgage tbh, freeing up a whole load of cash every month and meaning I had more options and freedom to try things.

[Tescotwister]

I'd pay it off mortgage. Would be happy to keep working - could both go part time or get less intense jobs - without the large mortgage payments each month.