what would you do with 30k ?

darcyvuqua

what would you do with 30k

im due to come into £50,000 and was planning to pay off all of my debt and then go on holiday i want to try and make money on the 30k what and where would you put it?
and why would you put it there?

xylophone

First and foremost make sure that you have an emergency fund - at least £5000- you'd probably get the best rates on-line.

Use your ISA allowance for this year and next to the full?

le_loup

darcyvuqua wrote: »

what would you do with 30k

Do just a little research yourself and then come here for comment.
Unless ,that is, if you're just too busy and the rest of us have nothing better to do.

Annisele

I don't think it really matters what I'd do with £30k. I know what my attitude to risk is, I know what timescale I'm investing over, and I know what my financial goals are. Unless you're identical to me in all respects, chances are that anywhere I'd put my money would be a bad idea for you.

So - you want to give us a bit more of a clue? What are your goals for this money?

scotty1971

put it on the 1st favourite in the 3:30 at kempton

atush

You need to have golas and time frames of what you would like to do with the money. And you need 3months spending of it in cash for emergencies, or back into debt you will go.

Use your ISA allowance, and tie up some in fexed rate accts. Invest any money you don't need for 10 yrs+ into equities or pensions.

darcyvuqua

le_loup wrote: »

Do just a little research yourself and then come here for comment.
Unless ,that is, if you're just too busy and the rest of us have nothing better to do.

i was just asking what people would do with theres i am going to reaserch myself as im not going to do what ever people say on here with no reasearch otherwise id go to the local casino and put 30k on black so cheers for that comment :undecided

i was looking into stocks and shares isa's to be honest i have come across one that is fixed for x amount of years and will pay a 1% growth on your investment even if the stocks and shares they invest in fall through so your either gonna get a good return or make 1% at least you original investment is safe!

any other suggestions

atush

Cash Isa, and then the resto fo your emergency money into easy access.

Open a pension if you don't have one, and put some into equties via funds intoa S&S ISA or an investment trust plan.

Only invest money that will not be needed for more than 5 yrs. And you need to acertain your personal risk level.

JonnyBravo

darcyvuqua wrote: »

i was just asking what people would do with theres i am going to reaserch myself as im not going to do what ever people say on here with no reasearch otherwise id go to the local casino and put 30k on black so cheers for that comment :undecided

i was looking into stocks and shares isa's to be honest i have come across one that is fixed for x amount of years and will pay a 1% growth on your investment even if the stocks and shares they invest in fall through so your either gonna get a good return or make 1% at least you original investment is safe!

any other suggestions

Ok, so seeing as you've asked, and put all the caveats on it for me, I'd buy as many EMED shares as I could.
There.
Easy eh? I won't even take any commission.
Not often you get advice that good, that cheap. Whether it's any good or not I'll leave you to decide but you can't argue the "cheap" bit.

psychic_teabag

Good grammar and punctuation make it easier to read your questions. If a question is hard to parse, people aren't going to waste their time trying to figure out what you're talking about - they'll just move onto the next thread.

darcyvuqua wrote: »

i have come across one that is fixed for x amount of years and will pay a 1% growth on your investment even if the stocks and shares they invest in fall through so your either gonna get a good return or make 1% at least you original investment is safe!

Is this a "structured product" or something like that ? They seem to generally frowned upon around here. (I don't know anything about them myself.)
http://www.candidmoney.com/investment/protected.aspx

SliAbhaile

darcyvuqua wrote: »

Why would I thank you......?

Common courtesy.