How to live without work with £150,000 ($310,000)?

Do you have any ideas how to invest this sort of money to create an income of £1500 (k) a month? Buying a property and letting it out, then taking a mortgage under it and buying another house? Forex? Stocks that pay good dividend? Some simple business?

My name is Katy and I am Hirby's Financial Guru with 20 years of experience and expertise in financial markets, insurance and tax strategies. I'm inspired by those who pursue their financial goals and I am here to help.
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April 25th, 2010 at 1:09 am
With a conservative Forex hedge position an investment of $310,000 could generate $217.04 per day in interest earnings (7 days a week). This would be an annual interest of 25.55% for a total of $79,219.67.
This is based on the current swap rates on the EUR, GBP and CHF. Changes in a central bank’s interest rates could cause this to go up or down.
In such a hedged position the daily interest would be earned regardless of the price of the underlying currencies.
I’d be happy to explain hedge trading further if it is of interest to you. It is also important to understand the risks associated with participating in the Forex, and actually, in any, financial market.
Drop me an email and I will send you a study that you may find interesting. pupp52@yahoo.com
Regards,
Paul
April 25th, 2010 at 1:09 am
stock market–5 or 6 stocks