Best use for 100k

atush

masonic wrote: »

In that case, you should keep at least 6 months worth of living expenses in high interest current accounts, consider investing £15k in a S&S ISA this tax year and next, and also consider starting your own pension and contributing some of the money to that. But it would be a terrible shame if you were to find you needed to fall back on the money you invested in S&S only to find it had halved in value in the short term.

I agree with this plan.

Large cash emergency fund, S&S isa, and private pension.

Nomini

kangoora wrote: »

You say it's looking 'likely' you may lose your job in 9 months time. I'm not sure on the legal definition of 'likely' in terms of getting some insurance on losing your income.

I would have thought it was far enough away that you could pay into an insurance policy - it all depends on how likely it is and what advance info you have got so as not to be committing out and out fraud......

Likely as in a medical issue already under consideration, so 'fraid not on the income protection.