Windfall investments?

Lazy_Runner

Don't know whether to advise to repost this in Debt free Wannabe or savings and Investment forums.

Pay your debts is a good idea. Especially those that don't earn sufficient income in their own right to pay the loan and other costs.

You are generally want savings in instant access accounts equivalent to 3 - 6 months net salary. Then you will have a fall back if things go pear shaped.

Then you want to look at medium term savings and then long terms savings like pensions.

If you do post on the investment and savings board, you will be asked about your risk profile; i.e. what percentage of the money would you be willing to lose before you pulled out of the product? 10%, 50% 100%. etc.
Until you work your risk profile and your needs for the money people won't be rushing to give you specific advice. You will also be told there is a whole spectrum of risk from very little or none to very high risk. As an example investing in a UK stockmarket tracker may be classified as a medium to high risk investment.

If you post on the Debt Free wannabe board, you will be told that getting rid of debt is good. I added a caveat earlier on this post.

HTH