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P.Pilcher -> RE: Investment Help.... (17/10/2005 8:18:49 PM)
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There are plenty of people who will happily take your money off you and you might end up owning some property as a result, but whether it will ever give you a pension .... well that's another question.
The property market is a very different animal to what it has been over the last seven years when every man and his dog, despite making mistakes could not fail to make money. Not any more. We may see capital values jack up a little when some buy property is acquired to be invested it in these new SIPPS, but these are not suitable for everybody. There is no short cut to investing successfully in property. You have to do your own research, read plenty of books, study this site, www.singingpig.co.uk www.landlordzone.co.uk and a few others and study your subject! If you can find a way to do what you want, then ask some detailed questions here or on one of these other sites to see if your ideas stack up. While you do this, save your disposable income so that if you decide to you have a deposit to put on your first property. Don't forget that the market os now holding steady or even falling a little so you don't have to break your neck to jump in before it is too late!
P.P.
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