What should I do

wuzzbert

Ok, im in a lucky position here. I have paid off my mortgage and have 40k spare sat in ISA's which dont seem to be doing much.

How can I invest this money more wisely?

colsten

what are your requirements / circumstances/ pension provisions etc etc etc?

wuzzbert

Im single with no kids, im 38 in full tie employment with a decent final salary pension.

colsten

Could be a while before we know what your requirements are......for instance, how long do you wish to put the money away for , how much of it can you put away / how big is your emergency cash fund, how much of the money could you afford to lose, and so on.

Totton

Provided you could wait out a drop of 40%, I would stick 25% in each of RIT Capital Partners, Law Debenture, Brunner and Scottish Mortgage, alternatively use Personal Assets instead of Scottish Mortgage if you want to take less risk. Well actually I might use a slightly different mix but in essence I would invest it into a few global IT's or something like Vanguard Life Strategy 80%.