Where to put £500,000

bigadaj

badger09 wrote: »

Handing it over to the bank to invest for you would not be sensible.

And the others bits.......

badger09

bigadaj wrote: »

And the others bits.......

Depends on Anthorn's definition of 'most';)

Anthorn

badger09 wrote: »

Handing it over to the bank to invest for you would not be sensible.

I differ. Handing it over to the bank perhaps in the form of an investment account or similar is just about the most sensible thing to do. Any "Bank" worthy of the title will evaluate risk and put the money where it is more likely to grow while at the same time keeping it relatively safe. To my mind there is no real alternative. Perhaps you think that following the advice on MSE for example is more sensible. ROFL

But what one does with money investments depends on how much one can afford to lose. It is pretty much well known that "bank actions" are safe but not very lucrative in the short - medium terms.

BananaRepublic

Eco_Miser wrote: »

I'm sorry, but I'd like to know how you interpreted as as I may need to change the way I write.

I also mis-read it. What you wrote is quite correct, but it's a little indirect which may be the cause for confusion on a cursory reading, which is what many of us tend to do with these threads. A double negative maybe. Saying "The only place where your money is not at risk is NS&I" is perhaps less open to mis-reading. I wouldn't worry about it.

Eco_Miser

Anthorn wrote: »

I differ. Handing it over to the bank perhaps in the form of an investment account or similar is just about the most sensible thing to do.

If you want to invest, using an IFA with access to the whole of the investment market is more sensible than using a bank, whose salesforce can only offer a limited selection of products, usually those of the bank itself.

Zola.

Put it all on black!