We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

bit of fun

dd95
dd95 Posts: 213 Forumite
Fourth Anniversary 100 Posts Name Dropper
in Savings & investments
you win 50 mil in the lottery tonight, what are you doing with it?
«13

Comments

  • ProDave
    ProDave Posts: 3,785 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Combo Breaker
    Retiring immediately.
  • barnstar2077
    barnstar2077 Posts: 1,681 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    I probably wouldn't bother investing it.  I think it would be a waste of my time with such a large amount of money.  Might as well start enjoying it immediately!  First would be an email to my work telling them that I am leaving and to never contact me again :  )
    Think first of your goal, then make it happen!
  • Prism
    Prism Posts: 3,858 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Give most of it away. 
  • 83705628
    83705628 Posts: 482 Forumite
    100 Posts Name Dropper First Anniversary
    Max out family's £4m NS&I allowance each, split the remaining £30m 3 ways in a Vanguard general account (or maybe get an IFA to set me up as an institutional investor or something), £10m FTSE UK All Share, £10m FTSE 250, £5m FTSE Global All Cap, £2.5m VVAL and VHYL.
  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    edited 21 July 2020 at 4:24PM
    tcallaghan93 said:
    Max out family's £4m NS&I allowance each, split the remaining £30m 3 ways in a Vanguard general account (or maybe get an IFA to set me up as an institutional investor or something), £10m FTSE UK All Share, £10m FTSE 250, £5m FTSE Global All Cap, £2.5m VVAL and VHYL.
    WHere's the exposure to China and Asia?

    I would set up a Letting empire
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • 83705628
    83705628 Posts: 482 Forumite
    100 Posts Name Dropper First Anniversary
    csgohan4 said:
    tcallaghan93 said:
    Max out family's £4m NS&I allowance each, split the remaining £30m 3 ways in a Vanguard general account (or maybe get an IFA to set me up as an institutional investor or something), £10m FTSE UK All Share, £10m FTSE 250, £5m FTSE Global All Cap, £2.5m VVAL and VHYL.
    WHere's the exposure to China and Asia?

    I would set up a Letting empire
    /
    Indirectly via the UK equity bits, and directly and indirectly via the global equity bits.
    I could not stand dealing with tenants.
  • dont_look_now
    dont_look_now Posts: 97 Forumite
    10 Posts Name Dropper
    Give it back. It would have to be a mistake, because I've never bought a lottery ticket.
  • ProDave
    ProDave Posts: 3,785 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Combo Breaker
    Am I the only one that would rather 50 people each won £1mil?
    £1mil would certainly be plenty for me.
  • barnstar2077
    barnstar2077 Posts: 1,681 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    ProDave said:
    Am I the only one that would rather 50 people each won £1mil?
    £1mil would certainly be plenty for me.
    I always say that when someone wins millions on the lottery!

    Would be fun making a list up of 49 people you were going to give a million to wouldn't it?
    Think first of your goal, then make it happen!
  • 6022tivo
    6022tivo Posts: 819 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    dd95 said:
    you win 50 mil in the lottery tonight, what are you doing with it?
    Open as many banks accounts as possible to put the maximum protected £85k in each.... 

    Then try and remember all the individual passwords. 
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.6K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.7K Work, Benefits & Business
  • 603K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture