currently one can earn around 4% per year on secure govt bonds and notes and so she could set up an annuity over her projected lifespan. for example, an annuity that pays 0.33% interest per month would pay 600 pounds per month for 20 years or 475 per month for 30 years. together with her occupational pensions it might be enough for her to live comfortably in a place like thailand where many british expats live well and play golf on less. she might even be able to earn some extra money if she is willing to teach english. the weather here is lovely year round, the food is very great, and the people are gentle and polite. Advice for a 60 yr old living in UK with no private pension but can raise 拢100K to invest .?
You should better invest in business. I've invested in my friend's business. He pays me 1% monthly (guaranteed 12 percent a year)
come to AUSTRALIA you can turn your 100K into $300000 straight away.......go the almighty worthless aussie dollar
You cannot have increased return without increased risk. Right now holding cash in a safe bank is probably the most prudent thing to do. Because asset prices are falling, including house prices, stocks, and even gold and silver.
Perhaps at some point asset prices will go too low. And investing in the stock market or some other type of asset would become profitable. But nobody can reliably predict this kind of bottoming of prices. And it is risky to make guesses like that.
In this kind of economic environment it's hard not to loose money. And for this reason holding cash is better than taking risks and investing it somewhere.
I'm not even sure that investing in government bonds is such a good idea. Because bond prices change too, although not as much as stock prices change.
Right now bonds might be overpriced. Because both US and European governments are planning to issue an awful lot more bonds than before. And this will likely drive down bond prices. The supply of bonds will probably outstrip the demand.
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