- Readers want investments to generate £50,000 a year
- Could be taken as a mixture of income and capital gains
- Need to diversify their investments by investment style
Reader Portfolio
Mike
48
Description
Isa, trading account and pension invested in funds, cash, residential property.
Objectives
After tax income of of 7 per cent or more – at least £50,000 a year – from investments, prevent investments' value from falling more than 10 per cent a year.
Portfolio type
Investing for income
Mike is 48 and has recently left his job. His wife doesn't work and their child has just started university. Their home is worth about £900,000 and is mortgage-free.