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

April 25th, 2010 | | Tags: , , | 2 Comments | |

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Do you have any ideas this sort of 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? that pay good dividend? Some simple business?

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2 Responses to “How to live without work with £150,000 ($310,000)?”

  1. Paul U Says:

    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

  2. Ralph N Says:

    stock market–5 or 6 stocks

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