What shall I do with my money?

LittleAnna

I run a small business and have some cash to spare this year.Not sure whether to pay off some of the hugh loans or to make a drawing and invest.Have a look and have your say.
Mortgage on own home £55,000 4.99% repayment fixed till next year.(worth £450.000)
Mortgage on building for work £340,000 interest only 4.99% (worth 400,000)
Loan for another building £380,000 interest only 6% ( worth £400,000)
Edowments due out 2008 to cover personnal mortgage and pay off early-as no tax relief.
ISAs set up for paying off loans so far worth £51,000.
Dont need to pay off all of loans at end as could sell one of the buildings or lease or sell the whole business (this is worth about £100,000 at the mo minus the debts of course)
Have just over£50,000 spare funds at the mo-still leaving some for emergancies and some for a deposite for another building for expansion ! and I am not sure what to do with it.Look forward to your postings

Quarantz

PM'ed you for privacy reasons.

LittleAnna

Thanks for the reply but I dont know what a Pm is -a message I expect but how do I look at it?

Kazza242

LittleAnna wrote:

Thanks for the reply but I dont know what a Pm is -a message I expect but how do I look at it?

A PM is a private message. To access them you must be logged into the MSE site. By the bold text on the top right hand side, you'll see Welcome, yourusername. There is a blue Private Messages link just below it, clicking on it will take you through to your Private Messages box.