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Turn £100k into £1 million

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MoneyTreeMe
MoneyTreeMe Posts: 55 Forumite
10 Posts
edited 2 January 2021 at 11:29PM in Savings & investments
Hi,
I have £100k spare cash.  I want to give it to an investor to turn it into £1 million.  I will give them £100k cut if they can do it. I missed so many opportunities with the covid stock market and am tired of making small amounts.  Is there an investor I am contact or maybe a company that can do it for me and generate meaningful cash?  Thank you.
«13456

Comments

  • I suspect you'll definitely be giving the lucky person £100k 'cut' if this is how you go about investing.
  • 'the covid stock market'... do you think the LSE have that listed!?
  • thegentleway
    thegentleway Posts: 1,094 Forumite
    Tenth Anniversary 500 Posts Photogenic Name Dropper
    Wow, ere you for real? You’re looking for 900% returns on your investment? In what time frame btw? I do like your ambition but I fear reality is going to be painful and expensive. 
    No one has ever become poor by giving
  • Get yourself down to the nearest casino 
  • DireEmblem
    DireEmblem Posts: 930 Forumite
    Part of the Furniture 500 Posts Name Dropper
    If it is spare and you won't need it for the next 5-10 years, then stick it in a cheap global equity tracker fund.

    If you are happy to take a bit more risk, then maybe consider looking at some investment trusts.  CHRY, MONKS, PSH potentially as well but I'm on the fence for the last one.  Its currently trading at about a 20% discount to NAV, but has done for some time.
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