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FunkLip is Well-T Profile picture
FunkLip is Well-T
@funkomi
My Funky Opinion | Christ follower | Investment Lawyer | @AnnaPhilipLDN | Investor | Finance ❤️| #BoyMum | #MoneyUpBrunch | Advisory Board Member|
Jul 5, 2020 • 8 tweets • 2 min read
A thread of resources for those keen to start their investment journey: 1. Money Saving Expert: Investing for Beginners. moneysavingexpert.com/savings/invest…
Oct 29, 2019 • 16 tweets • 5 min read
Okay sooo I’m going to run some numbers / breakdown on this (mortgaged) house vs REIT something. I’m not letting it go. Lets go:

So you + lil family need somewhere to live. Your options are:

(1) Buy a £500k 3-bed home with a £50k deposit and a 30 year mortgage at 1.5% interest. The monthly payments are £750

(2) Rent that same 3-bed home. You get to keep your £50k and the monthly rent is £1,750