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The Property Podcast

ASK443: How do I convince my husband to invest? PLUS: What should I do when I move abroad?

The Property Podcast

Rob Bence & Rob Dix

Investing, Education, Business News, News, Business

4.82K Ratings

🗓️ 27 August 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary

Get ready for this week’s Ask Rob & Rob as the guys answer two more listener questions! (0:40) Sam’s husband has £90K available from his pension fund, and she’s eager to persuade him to invest the money in property to help secure their financial future, rather than using it to pay off existing debt. She turns to Rob & Rob for their expert advice on how to grow their pension pot and make smart investment choices. (4:49) Rich is planning a move to Dubai, he currently owns one buy-to-let property, with plans to rent out his current home once he relocates. With £200K coming his way next year, he’s weighing his options: should he use the money to pay off some or all of the capital on his existing properties, or invest in another property to grow his portfolio? Enjoy the show? Leave us a review on Apple Podcasts - it really helps others find us! Sign up for our free weekly newsletter, Property Pulse Send us your question by calling us on 013 808 00035 and leaving a message with your name and question (normal UK call rates apply) or click here to leave a recording via your computer instead. Find out more about Property Hub Invest

Transcript

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0:00.0

Hi, I'm Rob. And I'm Rob. And this is Ask Rob and Rob.

0:05.0

Hey everyone, welcome to Ask Rob and Rob. The show where you give us your wonderful questions and we do our very best to give you at least a half decent answer.

0:14.4

This show has been running for over 400 episodes so I'd like to think we've got the hang of it by now and I'd like to think you've

0:20.8

at the hang of how to get your question in.

0:23.2

But just in case you still haven't, let's remind you of how you can get your question in on the show.

0:29.6

Yep, so easy. Just go to Property Hub.net slash Ask.

0:33.2

You can either send in a voice message to be answered on the show or a written message

0:37.1

to be answered in the Sunday Times.

0:38.9

So whichever you prefer, you can get your question to us just like Sam did.

0:42.8

Hi my name's Sam and I'm from Nottingham.

0:45.8

My husband is coming up to 55 this December

0:48.8

and he's hoping to pull out a lump sum out of his pension which he has invested very heavily into. He's made a lot of salary

0:56.7

sacrifice in order that he's got a pension pot building. However, I think he's going to be able

1:01.3

to access around about 90,000 pounds in the cash lump sum, and I'm trying to encourage him to invest in property.

1:09.0

And it's just really, I know obviously you've got lots of tools on here I've just recently

1:13.8

discovered your podcasts and think you guys are amazing but it's trying to

1:17.6

encourage shall we say my husband to make some smart investments in property

1:22.0

rather than paying off a little bit of debt that we've got

1:25.4

I'd like to try and see how we can grow that pension into something that's going to be good for our future.

1:31.1

So yeah, thanks for your podcast guys. I've only listened to half a dozen so far but

1:35.2

loving it so far. Thank you. Hi Sam thank you for your question. Wow tough on because you are asking somebody to do something that they're clearly not quite

1:47.1

ready to do and investing in property is a big deal. There's a whole reason why we've got to

...

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