£100,000 to invest

4am

A quite simple question which will, no doubt, not have a simple answer.

As per the thread title, I have £100,000 to invest (bequeathed in a will). Bar investing in bricks and mortar, what should I be doing with it?

Gadfium

4am wrote: »

A quite simple question which will, no doubt, not have a simple answer.

As per the thread title, I have £100,000 to invest (bequeathed in a will). Bar investing in bricks and mortar, what should I be doing with it?

How can anyone be seriously expected to answer that when you have given no information about your goals, current situation, pension arrangements and so on??


Of course, the other answer is "Give it all to me". :rotfl:

george4064

Gadfium wrote: »

How can anyone be seriously expected to answer that when you have given no information about your goals, current situation, pension arrangements and so on??


Of course, the other answer is "Give it all to me". :rotfl:

Seconded. OP needs to give a lot more information for anyone to be able to provide a half-reasonable answer.

4am

Ok. Let's try this from another angle and see if we can perhaps elicit a "half-reasonable" response that way.

If YOU had £100,000 to invest, in YOUR current situation, what would you do with it?

eskbanker

4am wrote: »

Ok. Let's try this from another angle and see if we can perhaps elicit a "half-reasonable" response that way.

If YOU had £100,000 to invest, in YOUR current situation, what would you do with it?

I'd do something suitable for my own circumstances, which will undoubtedly be different from yours....

As above, nobody can possibly give any sort of meaningful guidance without more information about your circumstances, so why the reluctance to offer something for people to go on? Can't you see that the answers for, say, a young person with few assets but with a family and renting would be very different from a wealthy middle-aged property owner, which in turn would differ from a pensioner in poor health, etc?

Edit: here's somebody asking a similar question but with much more chance of getting a meaningful answer: https://forums.moneysavingexpert.com/discussion/6066267/relatively-debt-free-29yrs-old-with-100k-what-should-i-do

cloud_dog

4am wrote: »

Ok. Let's try this from another angle and see if we can perhaps elicit a "half-reasonable" response that way.

If YOU had £100,000 to invest, in YOUR current situation, what would you do with it?

You're missing the point, my situation is highly unlikely to be anything like your situation.

Perhaps rather than trying to elicit a half-reasonable response, try putting some effort to describe your situation and to help posters help you. Without it any comments are meaningless.

ColdIron

Can't see the point of people whose circumstances may be different to yours saying what they would do. If my objectives were (to misquote Boris) spaff it up a wall how would this help you? Why not just give an outline of yours and your rough objectives then others may be able to offer constructive suggestions. See an earlier post from today

https://forums.moneysavingexpert.com/discussion/6066267/relatively-debt-free-29yrs-old-with-100k-what-should-i-do

george4064

4am wrote: »

Ok. Let's try this from another angle and see if we can perhaps elicit a "half-reasonable" response that way.

If YOU had £100,000 to invest, in YOUR current situation, what would you do with it?

I would immediately use up my remaining ISA allowance to add to my existing holdings.

I would keep £20,000 in a notice account, then put it in my ISA next tax year April 2020.

Remaining money I would put (£20,000 - expected interest) each in various fixed rate accounts to expire on 1st April 2021, April 2022, April 2023 etc.. When these expire I will use that money to use up my ISA allowance as per the above, rinse and repeat.

Zola.

4am wrote: »

Ok. Let's try this from another angle and see if we can perhaps elicit a "half-reasonable" response that way.

If YOU had £100,000 to invest, in YOUR current situation, what would you do with it?

WE are not YOU, though!

cloud_dog

george4064 wrote: »

I would immediately use up my remaining ISA allowance to add to my existing holdings.

I would keep £20,000 in a notice account, then put it in my ISA next tax year April 2020.

Remaining money I would put (£20,000 - expected interest) each in various fixed rate accounts to expire on 1st April 2021, April 2022, April 2023 etc.. When these expire I will use that money to use up my ISA allowance as per the above, rinse and repeat.

But why wouldn't you use a LISA, or subsidise additional money in to a pension or utilise a partners allowances.... oh yeah, that's right, we don't know anything about the OPs situation.

G_M

4am wrote: »

If YOU had £100,000 to invest, in YOUR current situation, what would you do with it?

I'd tell you to mind your own business. In two senses.


1) I value my privacy and I'm not the one who came here looking for advice. So no way I'm telling you my personal circumstances or financial situation.


2) That £100,000 is 'your business'. You need help minding it, but no one can give you that help without knowing a lot more about you. If, like me, you're not willing to divulge personal information on a public forum, pay a financial adviser instead.