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Uriah Heap

Have You Thought How You Are Going To Spend Your Redundancy?

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http://www.forlandlords.co.uk/news/buy-to-...s-2dc5d5bb.html

Why not invest the money you might need to tide you over a prolonged period with no income in an illiquid assett that is declining in value?

What could possibly go wrong?

Dear oh dear, redundancy and then BTL.............how could it get any worse after that? Far too many ways sadly................

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If I get made redundant, my choices are:

  1. Buy a house (not, alas, a nice one) and qualify for benefits.
  2. Run down my savings and get nothing back. Again.

Yeah, right.

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