A very large sum - where do I start?

ozzage

I don't know but I got to half way down page two before I realised it was over 2 years old Interesting thread.

baby_boomer

Flynn wrote: »

over the last 7 years or so just it hasn't been managed because we've had other priorities. A huge chunk is in cash

I beg to differ. You have managed it pretty well. There are many people who wish they had stayed in cash rather than have their money "managed" by "experts" :rotfl: whose chief expertise is often in extracting their own pound of flesh .

Click on this link to see a chart with the FTSE 100 index at the same level as 12 years ago

Click on this link to hear about Suzie who has lost 35% of a large lump sum in the last year

bendix

brixandmorta wrote: »

I just can't understand why you have not at least invested in either stocks / shares / property etc, all really simple stuff to do particuarly with that kind a budget

I can understand. It's pretty easy. Same thing happened to me. A few years ago i sold a house and had a cash lump sum of around £50,000 profit from it. At the time I was moving countries for a new job and i didnt want to tie it up, and I was gettting an ok return in a cash account, so I just left it there, and added my monthly savings to it. Before long it hit £100,000. I found the higher the amount the harder it is to put it into funds because u figure you've saved hard to get there, and why take the risk.

Before long my nest egg was £400,000 and it became a problem. A nice problem, mind, but a problem nonetheless.