What would you do with £10k, £20k, £50k, £100k, £500k

adonis10

10k - all into my S&S ISA for 2017/18 tax year

20k - 12k into S&S ISA, 7k into higher interest savings and 1k fun money.

50k - 12k ISA, 25k AVC into workplace pension, 3k fun money, 4k LISA, 6k savings/premium bonds.

100k - new car (10k max), extra holiday this year (2k), 10k off student loan, 3k fun money, 30k AVC into pension, 4k LISA, 12k S&S ISA, £9k mortgage overpayment, £20k other investments. Or I would scrap the 30k avc and 20k investments if 50k would help my parents move to where they want to go.

500k - 100k ish to parents to enable them to move to their final house, £85k investments/paying debt as with 100k, £15k car, holiday and fun money, set 120k aside to use as AVC's up to annual allowance for next 4 years, 20k house improvements, 160k investments.

figrat

10-50k invest, after upgrading car and wardrobe. 100k+...trust fund for niece and nephew, possibly buy another property.

fangoose

Put it somwhere safe with reasonable interest rates (!) To ensure my mother's care home fees could be topped up while she needs it to - then if any left I guess by then it would go towards my own fees

Marky123

May I ask, those saying they would invest 100k. How would you invest it. Even 3 year Fixed Rate Savings aren’t that great. Cheers.

chockydavid1983

When people talk about investing, they're generally talking about stocks, bonds, property etc rather than savings accounts.

dawyldthing

£10k - top premium bonds up

£20k - top premium bonds up

£50k - top premium bonds up, with a bit for a holiday

£100k - top premium bonds up and set the rest aside for retiring early (would do same with £500k but would mean I could retire several years earlier still)

capital0ne

WhooooHooo! MSE Just tweeted my thread!

Martinslovechild

10k - Top up my 2017/18 ISA.

20k - Park the cash until April, then fully subscribe to my 2018/19 ISA.

50k - Invest the cash in a non-ISA investment account. Move the investments into my ISA over forthcoming tax years to shelter them from potential CGT.

100k - Invest the cash in a non-ISA investment account. Move the investments into my ISA over forthcoming tax years to shelter them from potential CGT.

500k - Invest the cash in a non-ISA investment account. Keep £15K back for a nice holiday and a new CD player.

dawyldthing

capital0ne wrote: »

WhooooHooo! MSE Just tweeted my thread!

It's on their Facebook page too

CommitedToChange

10k - 2k on really nice holiday and a city break, 8k into savings

20k - 2k on really nice holiday and a city break, 4k on newish car 14k into LISA & ISA savings

50k - 2k on really nice holiday and a city break, 4k on newish car, 34k into savings, LISA, ISA and pension

100k - 2k on holiday, 4k on newish car, pay off mortgage - rest into savings

500k- holiday for family (parents and brothers + wives + kids) then car, motgage and savings.