How to Invest £1MILLION For The Best Return (Series)

Rob is joined by fellow co-founder of Progressive Property Mark Homer for the penultimate episode of their investment series. Join them today as they discuss how best to invest one million pounds. From the hotel industry to high risk crypto currencies today you’ll learn how best to make a huge profit on your investments.

 

KEY TAKEAWAYS

Property:

Due to the current pandemic there are many hotels sitting empty waiting for investment. If there aren't deals there now, there will be very shortly. There will be many opportunities within the hotel industry to either re-open to guests in the summer months or to convert the hotel into something else.

 

Things to consider if looking to invest into a hotel are: Where is it? What is it? And What is the occupancy? Occupancy in both HMO’s and Hotels is everything. If it is running at 70% full, that is all your profit gone and it is then running at a loss.

 

We do not know what will cause the next recession nor do we know what the effects of it will be. The best way to conserve your wealth is to have multiple investments in a range of industries. Diversity your investments and ensure you have multiple income streams across varied business types and property types.

 

Assets:

When investing in watches, cars or art try to ensure that you invest in products that are limited edition or where there was only a small amount produced. Rolex, Patek Phillipe and Richard Mille are the three watch models that are strong in the market currently.

 

New petrol and diesel vehicles will not be available from 2030 according to the government. Theoretically speaking existing petrol and diesel cars will go up in value as they become rarer to buy. There will likely be less service stations to purchase petrol and diesel however it is unlikely that they will be impossible to run.

 

Stocks:

 

You could invest a small amount of your £1 million into a higher risk strategy such as crypto currency or EIS schemes. They are very high risk and can drop to be worth nothing however there are big tax benefits to doing this.

 

Become really interested and passionate about what you are potentially investing in. Become knowledgeable about a particular class and stick with that when investing. If you are aiming to make serious amounts of money through this platform, then you will likely need to become a professional in this niche.

 

BEST MOMENTS

 

“The world is in a completely different place. We don’t know when this ends.”

“When the next recession comes along we do not know what is going to cause it. This one was caused by a virus and the previous one was caused by a banking crisis.”

“Buy what the heck you know about.”

“All of those could be good, all of those could be rubbish.”

 

VALUABLE RESOURCES

https://robmoore.com/

bit.ly/Robsupporter

 

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur”

 

“If you don't risk anything, you risk everything”

 

CONTACT METHOD

Rob’s official website: https://robmoore.com/

Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979