Financial dilemma regarding large investment

TheTracker

I apologise for calling you an IFA.

jamesd

LOL, thanks. I'll probably forget that you intended it as an insult if you do it again, though.

Back to the bull market aspect, you might find The risky heights of US shares from a couple of weeks ago of interest.

stringer_bell

jamesd wrote: »

Probably both but you should learn about it. We're at the point in a bull market where it's desirable to start looking at diversification into things that protect capital from drops in share values. P2P is an excellent option to do that because with returns of 10% or more available it not only matches or beats the long term equity return level it's relatively stable and not directly linked to stock market performance.

The time to go really heavily into equities with a lump sum that is a substantial portion of your total assets is after the next big drop, not now. Something like P2P initially then investing the repayments, say.

I'd be happy with 10% actually, for a small portion of my savings, it cant hurt. You said, or more? The deals I found only went to 5-6 percent

jamesd

A few are compared here. Personally I like the look of Ablrate and that's where my money is currently going to go, once assorted other things have resolved themselves.