£100,000 pound

simon_wilkins

hi i am 19 years old and have recived a cheque for 100 000 thousand pound and want to know what is best to do with it.buy a propety and rent out or put so much in an isa i am not sure.would like to invest it so i can make money from it and not goin to loose out and eventually left with nothing!!! thanks simon

k8r4u

Looking at the interest rates on offer and the state of the stock market, I'd spend £99,000 of it on drink, women and fast cars, and then waste the rest.

(Seriously, if you have a cheque for £100k, get some professional advice. You'll get lots of ideas on an internet bulletin board, some of them really really bad ones ! Like you'd get in e.g. a bank. B*gger, must get my cynical hat off)

dunstonh

Tens of thousands of options available to you based on that limited criteria.

Also, I think you need a bit of eduction on risk and reward before you do anything. Otherwise you could make a big mistake.

eg:

buy a propety and rent out

and

so i can make money from it and not goin to loose out and eventually left with nothing

are not consistent with each other.

Gwhiz

Spend it on English lessons - grammar and spelling would be my suggestion!

hopefulfooluk

simon_wilkins wrote: »

hi i am 19 years old and have recived a cheque for 100 000 thousand pound and want to know what is best to do with it.

Make sure it doesn't bounce first!!

Also "100 000 thousand pound" is a hundred million pounds...

purch

You'll get lots of ideas on an internet bulletin board, some of them really really bad ones !

I will gladly supply the "really bad" ideas, (as usual :eek: )

hopefulfooluk

purch wrote: »

I will gladly supply the "really bad" ideas, (as usual :eek: )

I'll beat you to it:

Bung the lot in RBS stock!!!