Age: 37
Spouse’s/Partner's age: N/A
Annual gross income from employment or profession: 76k
Annual gross income of spouse:
Monthly take-home pay: 4100
Type of employment: Private company employee
In general are you:
Saving
Rough estimate of value of home
N/A
Amount outstanding on your mortgage:
N/A
Other borrowings – None
Do you pay off your full credit card balance each month? I don't use credit
If not, what is the balance on your credit card? N/A
Savings and investments:
190,000 cash savings in bank. ( Very little interest ).
200,000 in stocks and crypto.
Do you have a pension scheme?
Yes, only contribute small amount though
Do you own any investment or other property?
No
Ages of children: None
Life insurance: None
What specific question do you have or what issues are of concern to you?
I have been looking at buying a property for the last 2 years. But when covid hit I panicked and let things run away from me.
I am still looking but finding the market very poor, not only overpriced but also with the quality of whats going up for sale. I could have pulled the trigger a few times in the last year and am now very angry with myself.
I am now also concerned about the safety of my cash deposit, all this inflation talk scaring me.
I am also concerned about the overextended stock and crypto markets.
So I guess the question is what should I do. Should I buy a property now?, how big a mortgage should I get and how much of my savings\investments should I put towards property?.
Or should I wait and put money somewhere more sensible, if that exists?
Spouse’s/Partner's age: N/A
Annual gross income from employment or profession: 76k
Annual gross income of spouse:
Monthly take-home pay: 4100
Type of employment: Private company employee
In general are you:
Saving
Rough estimate of value of home
N/A
Amount outstanding on your mortgage:
N/A
Other borrowings – None
Do you pay off your full credit card balance each month? I don't use credit
If not, what is the balance on your credit card? N/A
Savings and investments:
190,000 cash savings in bank. ( Very little interest ).
200,000 in stocks and crypto.
Do you have a pension scheme?
Yes, only contribute small amount though
Do you own any investment or other property?
No
Ages of children: None
Life insurance: None
What specific question do you have or what issues are of concern to you?
I have been looking at buying a property for the last 2 years. But when covid hit I panicked and let things run away from me.
I am still looking but finding the market very poor, not only overpriced but also with the quality of whats going up for sale. I could have pulled the trigger a few times in the last year and am now very angry with myself.
I am now also concerned about the safety of my cash deposit, all this inflation talk scaring me.
I am also concerned about the overextended stock and crypto markets.
So I guess the question is what should I do. Should I buy a property now?, how big a mortgage should I get and how much of my savings\investments should I put towards property?.
Or should I wait and put money somewhere more sensible, if that exists?