We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

£30000, what to do with it

2»

Comments

  • davethom
    davethom Posts: 11 Forumite
    atush wrote: »
    Well, you could blow the lot like that if you want-but what then?

    Honestly, finish your degree, and invest 2/3 of it in s&S isas over the next two years. then get a job, join the pension then maybe buy a house etc.

    have to start fresh at university, so would have to be top flight etc.
  • Gadfium
    Gadfium Posts: 763 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    davethom wrote: »
    i've been following this guy...google barefoot spread betting

    Any website that starts with this line would set my spidey sense tingling "I'm Oliver Tomahawk. I turned £30k into £105k between Nov '12 and May '13 spread betting UK stocks"

    Fair dues to him if he did.

    The other way of looking at it is "Google Usain Bolt. He can run 100 metres in under 10seconds". I know that I can definitely NOT do that :D. can you?
  • Forever
    Forever Posts: 295 Forumite
    I would recommend finishing your degree and doing this in the cheapest way possible (Open University might be worth a ponder as you can continue living with your family until you complete your degree) and then go travelling. You could subside your travels with jobs such as TEFL (you will need a degree to do this type of work), bar work, farm work etc.

    Even if you are remotely tempted by travelling, I would take the opportunity to do it. Not many people are so lucky on this planet.

    Once you have this out of your system, you could then start the whole 9-5:30, mortgage, 2.5 kids etc etc if this is what you think will make you happy.

    I wouldn't recommend spread betting though.

    Good luck OP :)
  • davethom
    davethom Posts: 11 Forumite
    Forever wrote: »
    I would recommend finishing your degree and doing this in the cheapest way possible (Open University might be worth a ponder as you can continue living with your family until you complete your degree) and then go travelling. You could subside your travels with jobs such as TEFL (you will need a degree to do this type of work), bar work, farm work etc.

    Even if you are remotely tempted by travelling, I would take the opportunity to do it. Not many people are so lucky on this planet.

    Once you have this out of your system, you could then start the whole 9-5:30, mortgage, 2.5 kids etc etc if this is what you think will make you happy.

    I wouldn't recommend spread betting though.

    Good luck OP :)

    the danger with travelling is that i will spend the lot. i started making electronic music, my passion, and COULD carry on with that would love to have a career out if it but how many attempting to do the same thing? need to be competitive whatever arena i enter.

    uni would be fresh start. so oxbridge, lse, imperial if we are to go anywhere to lead to a good job, and when i mean good i mean at least a 28k starting, 40k being top end at a bank but age isn't on my side at the moment.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    davethom wrote: »
    have to start fresh at university, so would have to be top flight etc.


    why do you have to start fresh? What degree did you do for the student loans you have now?
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    davethom wrote: »
    the danger with travelling is that i will spend the lot. i started making electronic music, my passion, and COULD carry on with that would love to have a career out if it but how many attempting to do the same thing? need to be competitive whatever arena i enter.

    uni would be fresh start. so oxbridge, lse, imperial if we are to go anywhere to lead to a good job, and when i mean good i mean at least a 28k starting, 40k being top end at a bank but age isn't on my side at the moment.


    A russell group with a good degree is enough.

    My son got a double in Politics and Economics at Bham, and has started a grad job on the salary you say you need, and will be on 40K+ in 2 years.

    doesn't have to be oxbridge. you just need to finish a good degree in a good subject. Not a 2.2 in something silly from a former poly.

    If music is your thing, you don't need an expensive degree. You just need to be good enough/talented enough.
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    davethom wrote: »
    it is gambling, but if you have balls and a feel for the markets you can come out top.

    Oh those poor bookies.
    Free the dunston one next time too.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.