a bit of a fantasy - what would you do if you had a £100000 windfall?

darkidoe

Drip-feed into S&S ISA... Maybe use some of it as a deposit for a house.

Archi_Bald

darkidoe wrote: »

Drip-feed into S&S ISA...

£15Kish limit, so it would take 6+ years

KNJ_2

10k into wine to lay down ( 20 year window)
10k into a few fine gelatin prints ( David baileys if I could get them )
30k on a mk1 or 2 RS 2000
25k into sovereigns or similar
25 k on a small fishing boat

grey_gym_sock

Pincher wrote: »

If it costs say $100billion to take over the world

let's see: the USA spends about $600bn on their military, and $50bn on intelligence, per year. ... so good luck with your $100bn

enthusiasticsaver

This actually did happen to me around six years ago when my almost 80 year old very generous mum decided her generous pension was enough for her to live off even if she needed to go into a home so liquidated her share portfolio which she had had since 1993 and divided it into 3 to give to me, my sister and brother. We got £100k each. Here is what I did with it.


£5k paid off our mortgage which was almost paid off anyway.
£50k was given to our daughters to help them with deposits on property
£5k went towards replacing our conservatory
£5k went towards a holiday to Hawaii
remaining £35k was invested for the future.


We were extremely lucky and it has meant our retirement plans have come forward 4 or 5 years so we are now planning to go in 2018-2020 rather than our NRD.


We had no problem deciding how to split it. I always work on the principle that any windfall we receive we save 1/3rd of it. We did not have much debt anyway so we gifted it towards our daughters. As the gift was almost given 7 years ago and my mum is still well it also saved the 40% inheritance tax on £300k given to me and my siblings so £120k tax saved altogether.

Flobberchops

Deposit on a nice 3-4 bedroom detached house outside of the city. It can be a doer-upper for all I care, one is but a humble chap of modest tastes... phaw phaw.

The rest: about a quarter in cash (ISA naturally), and the remainder a 30:70 split between bonds and stocks. I'd keep the day job and, aside from the house, not let the windfall affect my lifestyle very much.

Pincher

grey_gym_sock wrote: »

let's see: the USA spends about $600bn on their military, and $50bn on intelligence, per year. ... so good luck with your $100bn

That's Halliburton prices. Also, America pays to recruit and have to pay their soldiers.


Check out Fred Saberhagen's Berserker Series, which got ripped off by Star Trek as The Borg, Replicator in Stargate SG-1, and Mantrid drones in Lexx.


The Yen is down, and China is producing excess steel.


We buy the Fukushima nuclear power plants cheap, which is a ready source of plutonium energy cells for Terminators. The nuclear power plants also produce energy for the manufacturing. We build Terminator factories under the pretext that humans cannot work in radiation. Once made, NO SALARY for the Terminators! They can keep making more Terminators.
Now that's value for money!


Robocop cannot arrest executives of OCP, so what about a shareholder register for the crowdfunding investors? I am calling it Planetary Hostile Takeover Fund.


Probably have to let the Japanese into the deal, to make use of their world leading expertise in robotics. Shinzo Abe is out of ideas, QE is not working, this is just the kind of Faustian deal he might go for.






Just realised, £100k is plenty for a university level course.


Reading University used to have a three year BSc Computer and Cybernetics.
A quick look shows that's gone, but they have Postgraduate Level:


Artificial Intelligence
Cybernetics


So, perfect answer to how to use £100k to take over the world.

DigForVictory

Flying lessons.
Renting planes to learn & fly in.
Take my Scouts to the next World Jamboree, so every penny they fundraise helps other scouts attend.

I *could* pay off the mortgage, help my lads with deposits etc but this is Fantasy! Way more fun to learn the skills needed to fly a Spitfire or Vulcan or Boeing 747.

And when I'm wanting to fly "pro bono", join the volunteers who fly organs & blood around. (Quiet passengers.)

Take over the world? Ye gods, *why*? (I have 3 teenage sons already & they are Quite Enough!)

justme111

Flobberchops wrote: »

Deposit on a nice 3-4 bedroom detached house outside of the city. It can be a doer-upper for all I care, one is but a humble chap of modest tastes... phaw phaw.

The rest: about a quarter in cash (ISA naturally), and the remainder a 30:70 split between bonds and stocks. I'd keep the day job and, aside from the house, not let the windfall affect my lifestyle very much.

Would you be able to afford mortgage for it and would they give you that mortgage?

lippy1923

I would pay off my current mortgage, which would leave me with about £10k spare and start saving for for a new deposit, with the hopes to rent out my fully paid off house for future income.

O and have a massive party to celebrate my windfall