£500,000 Investement

acc2007

£500,000 to invest

No Mortgage

ISA's fully subscribed

30 years away from retiring

50% profit/Intrest going to charity

Dont want any investement to complex so I dont understand how it works.

IFA Appointement already booked

What would you do ?

innovate

acc2007 wrote: »

What would you do ?

Most definitely not invest the money based on the opinions of a bunch of strangers on the Internet.

Find an IFA that is a good idea.

jem16

acc2007 wrote: »

IFA already ruled out as a good idea

Why have you ruled this out?

What would you do ?

As innovate says, I would not be risking my £500k on the advice of strangers on a forum. I would seek professional advice from an IFA - https://www.unbiased.co.uk is the place to go if you have no personal recommendations.

acc2007

Ruled out as a good idea - I already have an appointement booked with an IFA.

I would not be taking any advice to invest, I was simply asking what other people would do.

e.g savings accounts, property, gold, shares

jem16

acc2007 wrote: »

Ruled out as a good idea - I already have an appointement booked with an IFA.

Ah right. I had read it as you had ruled out an IFA because it was not a good idea as opposed to ruling it out as you have already decided it is a good idea.

westy22

This sort of confusion can be easily avoided by writing in grammatically correct sentences rather than in shorthand/textspeak!

Totton

What a great position to be in - I think that I would consider a bunch of Investment Trusts or buy a property with plenty of land (they don't make it anymore :-))

Linton

The first thing I would do is to work out what I wanted the money for. For example:

1) Lump sum to pay off debts
2) Trade up my house in near future
3) Short term spending
4) Gift to children/charities now
5) A steady income from now
6) A steady income from say 20 years time taking early retirement.
7) Bolster pension for when I retire at the standard age
etc etc

Then I would split the £500K into tranches to meet each wish. If I didnt have the experience to do it myself I would consult an IFA to chose appropriate investments for each tranche. If you havent thought through what you want the money for in my view there is little point in talking to an IFA.

xmodz

If i had 500,000
to invest

I would have
£100,000 in buy to let
£300,000 in shares split between 30 companies £10,000 each
£50,000 in corporate bonds between 20 companies £5,000
£30,000 in gold and silver
£20,000 on funds

bigadaj

xmodz wrote: »

If i had 500,000
to invest

I would have
£100,000 in buy to let
£300,000 in shares split between 30 companies £10,000 each
£50,000 in corporate bonds between 20 companies £5,000
£30,000 in gold and silver
£20,000 on funds

Reasonable make up but surely 5% in cash?

acc2007

westy22 wrote: »

This sort of confusion can be easily avoided by writing in grammatically correct sentences rather than in shorthand/textspeak!

Didn’t realise this was an English exam

If you have nothing to say about the topic, don’t comment and keep your opinions to yourself.