new to investing

ebb1969

Hi,
I've inherited £60,000 and want to invest it for my future.
I'm 46 and have no idea where to start!

Any sound advice will be greatly appreciated!:beer:

Mistermeaner

By future do you mean retirement? If so when is that?

Also what is your status regards work, spouse, kids, mortgage, debts, pension, cash saving, other investments, health. Aspirations.

I suggest you read a number of the other threads on here with similar title to yours, get an understanding of the options and then come back with questions.

I could tell you to put it all in a pension scheme, to put it all in stocks and shares, to pay off your mortgage, to put it in a trust account for your kids, to put it under the mattress. All could be the correct answer depending on your circumstances.

Do please do more reading before replying to get the most from the helpful people on here

dunstonh

Any sound advice will be greatly appreciated!

You havent told us a single thing. What your plans for the future are, what your needs for the future are. What your capacity for loss is, what your experience and knowledge is, what your risk profile is, what timescales and objectives are in mind, what your tax position is, how you intend to deal with the investments in future and so on.

You have asked for a solution for a scenario we know nothing about.