personal financial adviser

AGENTK_2

hey everybody, i hope your all doing well. im skint at the moment but will (crosses fingers) be coming into a very large sum of money next year, and was looking how best to look after it or invest it. ISAs any good? £15,000 limit? buy gold?how do you get an accountant? a reputable one lol Any advise would be greatly appreciated much love.byee

castle96

wow. loads of Qs there. Yes,, get advice, look on these boards..... You can't expect definititive A's to Q's like those

dunstonh

how do you get an accountant?

Why do you think you need an accountant?

coming into a very large sum of money next year

How large is large? (different people have a different view on large)

and was looking how best to look after it or invest it. ISAs any good?

If its "large" then ISA will just be a small part of it.

Archi_Bald

Additional questions: What are your plans for the money? How old are you? What financial commitments do you have (debts, mortgage, dependents etc)? What pension arrangements do you have?

Pincher

I love a mystery.


Since you are not murdering somebody next year, it's a trust fund that you come into on your birthday.


Ask your trustees, as the money is probably already invested, and so why redeem it just so you pay the set up charges again when you re-invest. If you are lucky, all you have to do is transfer title from the trust into your name. It might also save the trustees some paper work.




Have you considered investing in yourself?




Check out this course.


http://www.stir.ac.uk/postgraduate/programme-information/prospectus/management/investment-analysis/


£6,000 a year for an MSc is a steal. The cost of living is one of the lowest in the UK. It is pretty popular, due to the CFA connection, so apply early. In fact, November is a good time to start talking to admissions.






Last words:


"Never invest in a project with a negative NPV."


"The term structure of interest rate is built into the yield curve."

colsten

Pincher wrote: »

Since you are not murdering somebody next year, it's a trust fund that you come into on your birthday.

Doubt it. From their other post, it sounds as if the OP is planning to take a bank to Court and is expecting a £1.5m+ settlement.

Pincher

"the scottish ombudsman service has advised me that we need to go to court asap because of the amount of money were dealing with, due to the fact that the ombudsman service can only pay out a maximum of £1.5 million to a private individual."


So the No Win No Fee lawyer is taking 40%?


At least you'll have enough for a house in Edinburgh.
I like Queensferry.

kidmugsy

Pincher wrote: »

At least you'll have enough for a house in Edinburgh.
I like Queensferry.

No, no; Inveresk or Cramond. It's always wisest to live where the Romans lived.

eskbanker

kidmugsy wrote: »

It's always wisest to live where the Romans lived.

Rome, then?

Pincher

kidmugsy wrote: »

No, no; Inveresk or Cramond. It's always wisest to live where the Romans lived.

http://www.zoopla.co.uk/for-sale/property/inveresk/


Inveresk looks very nice. Right price range, too.

kangoora

Pincher wrote: »

http://www.zoopla.co.uk/for-sale/property/inveresk/


Inveresk looks very nice. Right price range, too.

Looks a little expensive to me

http://www.zoopla.co.uk/for-sale/property/north-yorkshire/richmond/?include_retirement_homes=true&include_shared_ownership=true&new_homes=include&price_max=1000000&price_min=250000&q=Richmond%2C%20North%20Yorkshire&radius=0&results_sort=highest_price&search_source=refine