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£87 million pound windfall, what should I do with it.
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Have a look at Martin's savings tips on the main board. Perhaps he's got some good ideas?
Remember though - keep buying everything secondhand (except pants and toothbrushes apparently?). It's the MSE way."One day I realised that when you are lying in your grave, it's no good saying, "I was too shy, too frightened."
Because by then you've blown your chances. That's it."0 -
They saw you coming.... it was easily worth £100m.Few people are capable of expressing with equanimity opinions which differ from the prejudices of their social environment. Most people are incapable of forming such opinions.0
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I'm sure you can do with company for that trip to the Bahamas - I've just looked out my beachwear:D0
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Make an appointment to see a financial advisor at your bank. He will solve your problem by recommending a fund that will invest £1m of your money and take the rest in initial charges.
Then cash in the investment, and after deduction of closure fees you will have £85,000. Put it in the best-paying easy-access account with FSCS protection, making sure you don't have your current account or any other savings in the same banking group. Don't forget to move the money when the interest rate drops in 12 months."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
Go on Television and Radio every so often i am sure a lot of people will want to see what a multi-millionaire looks like. Dont forget newspapers. And send out an excellent weekly E-Mail to your fellow admirers0
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Don't worry about tax. Buy the head of HMRC a really good lunch. Threaten to put an article on MSE explaining how to get a salary paid through a personal service company contrary to IR35, as done by thousands of senior civil servants. Threaten to move abroad. Tell him you've got a brass plate in Luxembourg and you're renting a broom cupboard in Berne. Remind him you can afford a better lawyer than HMRC can. He'll make a deal with you, reducing your tax bill to £800, with 5 years to pay.Thrugelmir wrote: »Small matter of tax to pay..........."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
Why not buy some shares in MoneySupermarket.com?
Thats weird you should suggest that!
Cant remember where now but I'm sure I saw a post by the OP saying they were going to be coming into quite a few MoneySupermarket.com shares. Think they wanted to know if they should hold or sell.
Never let the perfume of the premium overpower the odour of the risk0 -
Definitely sell. The company has just done a very expensive acquisition of a website. But 90% of the forum on that site is written by 6 people - who are now leaving, having been hired by Facebook to write some content that people might read, in an effort to prop up the share price before anybody gets arrested.Cant remember where now but I'm sure I saw a post by the OP saying they were going to be coming into quite a few MoneySupermarket.com shares. Think they wanted to know if they should hold or sell."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
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Don't forget £30 cashback at Quidco. I saw it in this week's MoneyMakingExpert newsletter.inmypocketnottheirs wrote: »Good idea, but then what to do with the remaining £86,999,990?"It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0
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