I am a 60 year old UK national in Swizterland temporarly until 2030. I will return to the UK then
I was forced to sell my london home in 2024 due to divorce and horrific tenants i couldnt deal with from abroad.
I had planned to buy a flat straight away in london but because of supply , demand , price and distance couldnt find anything and at the same time I was earning 1% only from Santander. 18 months have passed.
After my divorce, I reconciled all my debts and the result was 500k GBP in the bank . I have no stocks , shares or private pension. I am also suffering from deep depression and anxiety issues. whilst fighting for my rights as a father. I am working part time in a low paid job that covers my rent and health insurance only here. I had companies / marriages which cost me dearly .
Now its the end of 2025. I did marginally better by santander which is giving 2.47% interest subject to income tax . I still did not manage to buy a flat.
I am getting more and more depressed. Information overload from many sources doesnt help.
I am scared of risky investing as j am sure I will be refreshing my screen 99 times away.
Dividends and Bank Interest attract tax in Switzerland. There is no tax on capital gains so I am looking for lower risk investment trust that provides capital gains only.
I want to invest 400k GBP in something that would attract dividends or interest and just grow for the next 3 years whilst I try to recover
For a risk averse , fearful , useless investor would this be be OK . your thoughts please