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What would you do with £100k?
Comments
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chucknorris wrote: »I must admit that I thought the ftse 100 was only 100 companies and the all share was many more
Yes, more companies but (from memory) still 85%+ by value in the FTSE 100. I construct my UK holdings from All Share plus a boost of FTSE 250 for more mid caps and also a value oriented holding.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
gadgetmind wrote: »Yes, more companies but (from memory) still 85%+ by value in the FTSE 100. I construct my UK holdings from All Share plus a boost of FTSE 250 for more mid caps and also a value oriented holding.
Although they are similar as I understand it they are different enough to allow bed and breakfasting (selling one and buying another when you approach the capital gains tax allowance). Although at the moment a substantial part of my shares are in ISA's so I haven't had to do this yet (hence my temporary incomplete knowledge on this subject).Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0 -
chucknorris wrote: »Although they are similar as I understand it they are different enough to allow bed and breakfasting (selling one and buying another when you approach the capital gains tax allowance)
Yes, investments need to be in *exactly* the same instrument for matching rules to apply. Even different classes of share in the same company is enough to avoid them.
My wife holds a lot of unwrapped investments due to the limits on S&S ISAs so I have to track capital values with a lot of care and have had to do quite a bit of complex matching.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
3 cheap BTLs? Use your capital as the deposit.
The OP has said they need the money in 2 years and it is currently in a savings account.
To me the only place that is suitable to meet their needs is a bank account.
Buying a property to only keep 2 years seems a recipe for disaster - 3 properties even more so when you take into account costs for buying and selling of 3 properties and the risk that they might not be able to sell when they want at the price they want.Remember the saying: if it looks too good to be true it almost certainly is.0 -
I should have read the thread more carefully, sorry.2018 totals:
Savings £11,200
Mortgage Overpayments £5,5000
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