£1,000,000 investment

dunstonh

investa wrote: »

***.hl.co.uk/investment-services/active-savings
Thanks quirkyd. this could be my solution

BTW: you don't get a bus pass until you are 66.

The solution to what?

Looking for solutions without knowing what needs/objectives need to be met and issues to deal with is back to front.

IanManc

investa wrote: »

BTW: you don't get a bus pass until you are 66.

ColdIron wrote: »

You can at 60 if you live in London

And in Wales, Scotland, Northern Ireland and Merseyside.

firestone

Assume it was NS&I that put the money in their investment account (now down to 0.8%) But you could even move the whole amount to their income bonds paying 1.15% with no notice or penalty or even the direct saver at 1% while you make your mind up

TheShape

darkidoe wrote: »

Finally a Premium Bond jackpot winner! First time I heard of one if true.

Do you mean 'the first time I've heard FROM one'?

With two jackpot prizes per month it would be odd to not have heard OF a Premium Bond jackpot winner!

TheShape

I think the advantage of having £1 million and also the most sensible thing to with it is probably lot's of different things!

Gift some, spend some, save some, invest some.

Doing a single one of those options with 100% of the money would probably be a poor option. The best option would be the right mixed of all four with regard to circumstances.

bostonerimus

If helping your children is a goal then I think avoiding 40% inheritance tax is important. So set up a trust
an d invest the money in a diversified portfolio of stocks and bonds and take annual income.

Zero_Sum

Another reason for spending it & gifting it is avoiding potential care home fees.

sham63

Just curious to know how many premium bonds you hold and for how long?

Congratulations on your win :beer:

darkidoe

TheShape wrote: »

Do you mean 'the first time I've heard FROM one'?

With two jackpot prizes per month it would be odd to not have heard OF a Premium Bond jackpot winner!

:doh: Okay okay you got me. I don't go around looking for accounts of people winning the top prize. And I do know there are top prize winners monthly.

Either 'from' one or 'of' one, you get my drift anyway. :j

LeafGreen

Apologies for going OT slightly, I have a curiosity about winning the big prize on premium bonds... do you literally get a knock on the door from "agent million"? Not that I'm ever likely to experience it but would love to hear more about the whole process in general.