Investments

Auburn

I'm married, in my mid fifties and will be inheriting about £100,000 later this year.
I would like to know the most sensible way to invest some of this for long term growth,
without catches or any hidden clause.

Also,I have two children, a daughter of twenty five and a son of seventeen.
I would like to invest some of this money for their future.

What are the soundest Investment opportunities around?

Jonbvn

You need to be more specific.

Answer some obvious questions:

1. Do you want to save or invest?
2. What term?
3. What's you attitude to risk?
4. Tax situation?

opinions4u

I can't knock Jonbvn's questions.

That said, I'd cut out the forum and track down a reputable local IFA and talk to them. There are many mistakes to avoid on income tax, IHT, CGT etc.

It's a lot of money and making the right decisions now could make a big difference to your longer term financial wellbeing.

www.unbiased.co.uk will help you find an adviser.

Good luck (and remember to enjoy a little bit as well as investing!).

amcluesent

Make sure your will is updated.

Tax will be a big problem (CGT etc.). NS&I 5year index linked are safe, S&S ISA using a low cost tracker could give a better return.