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Investing £250k - advice please.

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Dear All,

I apologise if this one of those perennial postings that comes up but please bear with me.

I have £250k to invest and need some advice.

Aged 61 , I am a self employed plumber and plan to retire at 70 and currently have very limited pension provision. Fortunately my wife and I own the house outright and have no debts.

I have a deep distrust of financial advisers (been there) and would welcome any suggestions of how I could either invest this sum or maybe point me towards articles &/or books that could help me.

Any advice would be most welcome,

Regards,

Nick

PS: Running a plumbing business is easy compared to sorting this out!

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    No idea about books but the best way to learn is to do it rather than read a book.

    However with £250k.... you say you have a distrust of financial advisors, well theres nothing anyone here can really suggest as a newbie, you could easily drop the money down a drain (excuse the pun) as you are inexperienced.
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