What to do with £50k

Alexland

steampowered said:
Something like the HSBC All Share Index Fund is a great place to start.

Did you mean All World?

thegentleway

Malkytheheed said:

Thrugelmir said:

Clear debts, pay down the mortgage, increase your pension contributions.  

Paying down your mortgage and increasing your pension contributions is terrible advice on how to invest. Why allocate cash to a debt thats likely around 1.5% interest, when that same cash can be earning you 5-20% interest for you? Overpaying your mortgage is the first finnancial trap of the middle class. It doesnt make sense if you can make more with the same money. 

It does make a lot of sense. When interest rates are so low there is an argument for investing instead but it still makes sense to pay down your mortgage as it’s effectively a guaranteed return compared to volatile return. I prefer to invest in these conditions but totally understand how the majority would prefer the certainty of paying down their mortgage.

NottinghamKnight

Malkytheheed said:

Thrugelmir said:

Clear debts, pay down the mortgage, increase your pension contributions.  

Paying down your mortgage and increasing your pension contributions is terrible advice on how to invest. Why allocate cash to a debt thats likely around 1.5% interest, when that same cash can be earning you 5-20% interest for you? Overpaying your mortgage is the first finnancial trap of the middle class. It doesnt make sense if you can make more with the same money. 

Paying down a mortgage is an option, would suit someone who is highly risk averse even if current rates are low as it certainly beats anything currently on offer on cash savings. 
More pertinent is why increasing pension contributions is terrible advice, it's terrible advice not to for most people. Typically the same investment options as you would get in an isa or gia, and anything between 20% and 60% 'free money' from tax relief, the only drawback being tying the money up until you are in your mid to late fifties.  
You don't say what your recommendation is for making  more with the same money........