Investing a large sum

Pincher

Hypothesis:

To pay Bill Clinton back, Hillary is raising campaign contribution with her silver tongue, except in the Monica Lewinski sense. After all, it does not count as sex, according to Bill.

White woman talks with forked tongue? £5k, she's that good?

Pincher

One particular £100k:

Bought ~6,000 shares of RDSB at ~£15, and sold around £18.

Then

Bought ~20,000 shares of HSBA at £4.25, can't sell as the gain will push me into higher rate tax, because the RDSB deal has used up all my CGT allowance.


Lots of other £100ks elsewhere, though, so it's not eggs in one basket.

Eco_Miser

darrens_here wrote: »

My question is what would YOU do, not what you think I should do..... just an open question really..

Since I don't really need another £100k, but know several voluntary organisations that would make good use of a thousand or two, I might decide to play Santa - or I might set up a trust to pay out the dividends to worthy causes for ever - in my name of course.

bowlhead99

grey_gym_sock wrote: »

is that a bet, or a campaign contribution?

Just a bet - an amount of that size at this stage of the campaign is not going to be the critical amount that swings an entire election, as she likely already has enough funds to keep going until election day.

ColdIron wrote: »

You're not taking a contrary position to hedge? I seem to recall you did well with this on EURef and GE15

Yes I made money from being short dollars as we approached ref day but then had short sterling currency option contracts and outright bets on a no vote which paid handsomely when the result was announced, and the cash gained will help to fund me during our consequential economic downturn.

But no, this wouldn't be a hedge, just a bet on what I think the likely outcome would be. After all, the OP is giving us £100k to do with as we see fit, so £5k would turn into £7k or £0k, easy come easy go.

FWIW the latest ABC/Washington Post poll actually puts Trump ahead and has him winning some key 'battlegrounds', and the polls-of-polls now have Hilary's lead pretty much evaporated (2% from up to 12% a fortnight ago, with margin of error) with the latest 'aides emails' BS coming up at the last minute without chance to get a resolution before election day. If it is really 50:50 in credible polls, you would hope to get a lot better than the 2:5 odds that Coral will pay you for a Clinton victory, but you can't at the moment. The 'implied chance' of a Trump victory is low with UK bookies but the odds they give is heavily tilted by how much money they have already taken so the betting odds offered won't reflect the polls directly, just move in the same direction as them.

Sorry to go off topic but I'm struggling with what the topic is

"Hello anonymous internet strangers with your personal financial circumstances that differ widely from my own. What would you invest £100k in. Also what is the best sort of food, what is the best holiday, and what job should I get when I grow up?"

Apodemus

dunstonh wrote: »

I fancy a new range rover. That is me sorted. Not sure how that information is of much use though to this section. This section is about about detail. Not general chat.

But what colour? ...This section is about detail!

Pincher

Apodemus wrote: »

But what colour? ...This section is about detail!

I paid extra for "Ruby Black" on an Outlander.
Unless the sun is California bright, it just looks black.

If somebody had posted this, I could have SAVED myself £700.

bowlhead99

Pincher wrote: »

I paid extra for "Ruby Black" on an Outlander.
Unless the sun is California bright, it just looks black.

If somebody had posted this, I could have SAVED myself £700.

But then you would have had a car that when the sun or other ambient lighting was just right, it would have just looked black, and not as nice, and then you have to go and figure what else to so with £700 that you don't need in your day to day life...

I paid extra to get a car with back seats and a decent boot and a huge engine even though I don't do a lot of miles, generally don't carry back seat passengers or large loads, and generally do my driving somewhere with a speed limit and sometimes still end up in queuing traffic with everyone else. If only someone had told me I wouldn't benefit from all of the features all of the time, I could have saved some money. But I figured money is more fun if you spend it sometimes. It helps to keep you happy while waiting for the next paycheque or dividend.

eskbanker

bowlhead99 wrote: »

I paid extra to get a car with back seats and a decent boot and a huge engine even though I don't do a lot of miles, generally don't carry back seat passengers or large loads, and generally do my driving somewhere with a speed limit and sometimes still end up in queuing traffic with everyone else. If only someone had told me I wouldn't benefit from all of the features all of the time, I could have saved some money.

I think the done thing is to claim for mis-selling....

bowlhead99

eskbanker wrote: »

I think the done thing is to claim for mis-selling....

Hehe yes I think so. I'll wait until Martin starts a bandwagon or endorses a petition about it.

My anti-ambulance-chaser view that people should take some sort of financial responsibility for themselves is why I never bothered looking into claiming PPI money from Lloyds who sold it to me in the late 90s on the grounds that I'd be more likely to be accepted for the loan I wanted if there was some sort of "insurance" that I'd be able to cover it if I lost my job. Even though it probably wouldn't have even paid out if I'd got fired from my training contract for repeatedly failing all my accounting exams, so I didn't really want the PPI!

I was just greedy at the time and wanted a big loan so was willing to pay whatever overall APR (within reason) they'd charge me. The Lloyds staff member no doubt got their bonus and I got my hands on the finance I wanted. That's capitalism. I'm sure that's the same for a lot of people and the consumer advice would be to go and collect a few hundred quid for filling out a simple form saying I'd been hoodwinked, but I wasn't really.

Apodemus

eskbanker wrote: »

I think the done thing is to claim for mis-selling....

No, I think the done thing would have been to start a thread entitled "£700 to invest, what paint shade would give me the best return".