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What to do with £1 Million?!...
Comments
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gadgetmind wrote: »I also sold a business, and at the tender age of 30.
We used a fair chunk of the change to buy our "forever" house, and the rest went into pensions and ISAs, which we'd already made a good start on. I've always invested in equities and bonds, and have only held enough cash for "rainy day".
I've often looked at rental property, but it's always stuck me as a business for the sloppy and uncaring rather than exacting and (hmm, a bit) empathetic people such as myself.
Ultimately you need to be comfortable with your investments, and to understand how all the parts work together, and what they deliver.
I seem to recall something about buying a flash Harry car way back then lol?0 -
I seem to recall something about buying a flash Harry car way back then lol?
My business partner, who got 50% of the money, bought himself a Ferrari, and a 2nd wife, and in due course went bankrupt.
The flashest thing we ever did was to buy ourselves a new MX-5 as a wedding present.
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
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