Hello people,
I'm about to apply for a mortgage. In a long planning application, could be next summer before anything really happens. In the meantime I've been reading a lot about investing and today bought a few shares on Revolut. People in my work were shocked, said no bank would look at me if I the kind of person who spends my money on shares.
Is this true? I was considering trying a bit of Peer to Peer lending as well. But my investments will be very small. Just a little bit every time I get paid. I'd say max €500 of my money will be tied up in investments.
Will this be ok or do you think the banks now see me as risky? I've about €54k saved so €500 isn't a huge chunk.
Thanks
I'm about to apply for a mortgage. In a long planning application, could be next summer before anything really happens. In the meantime I've been reading a lot about investing and today bought a few shares on Revolut. People in my work were shocked, said no bank would look at me if I the kind of person who spends my money on shares.
Is this true? I was considering trying a bit of Peer to Peer lending as well. But my investments will be very small. Just a little bit every time I get paid. I'd say max €500 of my money will be tied up in investments.
Will this be ok or do you think the banks now see me as risky? I've about €54k saved so €500 isn't a huge chunk.
Thanks