1. If you have 50k, I suggest you keep it in the bank. Sainbury's are offering 6% interest rate, which is better then some of the rental returns in London or elsewhere.

2. In Central London / West End the returns are really low 3%-4.5%. Whilst other parts of London you are looking at 5-6%. Whilst in a bank you are getting 6%. Plus any one who is involved in residential knows that you have to refurbish the property, you have void periods, defaulting tenants, repairs, insurance, damage to property plus day to day management - so the real returns are a lot lower.

3. You argue, that investing in property is still worth it, as the property prices could go up, but with the Bank Of England determined to bring housing market to its senses!

4. As for the Olympic effect - you do realise this is all B**L****. They are going to be spending billions simply for a 3 week event! What a waste of money!. No benefit to day to day people of London. It would have been better if they invited Disney Land to London or some other enterprise that bring prosperity in to area. At least you get visitors all year round rather then for 3 weeks.

5. As for giving 50k to some investment company?. Can you trust them? How well did the city invest our pensions? And what about those days of booming stock investment? I still remember the B**L**** trading reports from banks that said BT was going to have a target price of £15 per share only to find it crashed to be worth a petty £1.98 per share!.