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£5k pcm income from £250k

31 replies

Cobblersandhogwash · 18/01/2019 07:43

Is this possible? To generate £5k income pcm from a £250k investment?

OP posts:
OKhitmewithit · 24/01/2019 18:15

The prevailing rates mean it’s a no. You might achieve 4.5% yield off a specialist income fund. Beware property, it’s return is higher as the risks are more direct.

Unbias123 · 26/01/2019 18:27

Not likely

stupidboyman · 12/06/2019 12:06

Angel investment is only for the rich. The risk of loss is huge. If you do angel invest try and do it so it's seis or risk so you at least get a bit back if it all goes tits up.

GETTINGLIKEMYMOTHER · 20/07/2019 17:07

If you've been promised this, or told that it's achievable, it's almost certainly a scam!

Please be hyper cautious!

There are masses of sharks out there, only too willing to relieve the naive or gullible of their money!

FossiPajuZeka · 20/07/2019 17:29

Become an illegal loan shark. Find 250 people each needing to borrow £1000 over a term of 1 year. Assume a 25% default rate so set repayments at £32 per week. After a year, assuming your default rate isn't worse than that, you'll have received over £311,000 in repayments so that's your £250,000 original lump sum plus £5000 per month interest which is your income.

Your victims customers will have been paying a mere 66% APR which could be worse - I've heard of loan sharks whose APRs work out as triple figures.

PooWillyBumBum · 12/08/2019 08:36

See an independent financial advisor who charges a flat fee for advice, not commission on selling products.

If I were you I'd look at investing in index funds, over the very long term. A 'safe' withdrawal rate (which can weather market fluctuations and allow your nest egg to grow with inflation) is 4%, which is £833 a month.

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