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£87 million pound windfall, what should I do with it.

135

Comments

  • VfM4meplse
    VfM4meplse Posts: 34,269 Forumite
    10,000 Posts Combo Breaker I've been Money Tipped!
    It's so important that you stay grounded. Keep chasing the yelllow stickers in supermarkets!
    Value-for-money-for-me-puhleeze!

    "No man is worth, crawling on the earth"- adapted from Bob Crewe and Bob Gaudio

    Hope is not a strategy :D...A child is for life, not just 18 years....Don't get me started on the NHS, because you won't win...I love chaz-ing!
  • SailorSam
    SailorSam Posts: 22,754 Forumite
    10,000 Posts Combo Breaker
    If you're planning on going on benefits ask for the £87m in cash and hide it under the mattress.
    Liverpool is one of the wonders of Britain,
    What it may grow to in time, I know not what.

    Daniel Defoe: 1725.
  • smudger1964
    smudger1964 Posts: 683 Forumite
    Part of the Furniture 500 Posts Name Dropper Photogenic
    With that sort of money put your feet up and relax you maybe able to pull a really fit blonde bird too
  • Paddy2eyes
    Paddy2eyes Posts: 426 Forumite
    I have a close friend in Nigeria with an excellent investment opportunity for you. Guaranteed to at least treble your money. Simply transfer your £87M into my account and I will pass it on to him.
  • heathcote123
    heathcote123 Posts: 1,133 Forumite
    DiggerUK wrote: »
    I have just sold my business for £87 million and don't know what I should do next.
    Should I seek professional financial advice, or should I rely on you good people here to help me decide.
    I have already maxed out my ISA's for this year.
    ..._

    Start a big bonfire for all the begging letters you're going to get from people that invested in icelandic banks?
  • cepheus
    cepheus Posts: 20,053 Forumite
    edited 3 June 2012 at 9:08AM
    Do you own any News Corporation shares? You know the company who used to own News of the World.
  • Archergirl
    Archergirl Posts: 1,874 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    If you're planning on going on benefits ask for the £87m in cash and hide it under the mattress


    Please be very careful climbing the ladder to get onto your bed with all the money under the matress, it sounds dangerous to me.

    I will look after it for you, I have very high ceilings.
  • Nine_Lives
    Nine_Lives Posts: 3,031 Forumite
    With that sort of money put your feet up and relax you maybe able to pull a really fit blonde bird too
    Indeed!!

    Really fit & blonde ... she'd do alright as a weather girl.
  • oldvicar
    oldvicar Posts: 1,088 Forumite
    Keep your money safe by not putting more than the £85K FSCS compensation limit in any one bank.

    You'll need a minimum of 1,024 accounts with different institutions. A few more if you want to keep the interest safe too.

    Or just 512 accounts with £170K protection shared between you and a spouse in joint accounts. But if you are recently married, how about a post-nup agreement before taking the sale proceeds?
  • The_pc_tech
    The_pc_tech Posts: 422 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Make sure you open plenty of savings accounts with different institutions so that you are covered by the Financial Services Compansation Scheme.

    I once knew of a self styled 'money saving expert' that used to recommend that every time he appeared on TV, he also had quite a successful website which he sold to a large publicly traded company.

    His same escapes me just at the moment
    Interests: PCs. servers, networks, mobiles and music (esp. trance)
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