DH wants to invest in property , I’m clueless

[Comps83]

DH wants to put about £10k into something like this
www.crowdproperty.com/lenders
Has anyone done anything similar ? Any advice?

Anyone?

I’d say that’s very risky with such a small amount of money which is probably a big amount to you at a time when property is an unknown. Does he know much about investing? And property?

I can’t click on the link but it sounds like a bad idea

Why does your DH want to do it?

Have you maxed out equity ISAs?

No he knows nothing
I also think it is a bad idea
All our money is currently in premium bonds and we get regular cash back , most months
He wants to do it at he says it is risk free. I think there is no such thing

Buying property yourself is one thing, but buying a share sounds very risky.

Stick it in an Isa (shares based) with Interactive Investor or similar online instead

I wouldn’t plough all the money in there unless you really understand what you’re doing. If the company went bust you’d lose all your money.

Premium bonds just lose money all the time as the wins don’t keep up with inflation.

Have a look at ISAs. Under that wrapper, you pay no tax on your gains. You can buy funds. Funds are run by fund managers who invest people’s money into a range of things, eg shared in 100 different companies. Even if one goes bust, others might do well and you’re still earning. However, there will be some fluctuations. The funds are designed to offer different risk levels and types of investments (eg small businesses in SE Asia vs large U.K. companies etc). You can always pick one or a few to suit the type of investor you are.
You can get funds from local banks but you can also set yourself up in websites such as YouInvest or Hargreaves Lonsdown. If it feels overwhelming, then seek advice from an Independent Financial Adviser.

I dunno, I’m certainly getting more in premium bond wins than I would on the currency interest rates although that might just be a lucky run
Just been looking at the lifetime ISA as an extra pension pot

Not cash ISAs. Stocks and shares.