£100k to invest

hockeyjo

Hi,
i have £100k to invest and would appreciate advice. Already own house outright, have 1 investment property, age 45, have max premium bonds and ISA allowance. Looking for a better interest rate than a bank savings account but with moderate risk. About 15 years to retirement. 
Thanks

eskbanker

You haven't mentioned pensions in your summary of your circumstances - it's likely to make sense to use the tax benefits of these if it's money earmarked for retirement.  Even if you're getting the most out of your workplace pension, setting up a SIPP should be worth doing, within which you can invest in anything you like, with a global multi-asset fund being the go-to default option for a simple 'fire and forget' approach suited to those without detailed knowledge of investing.... 

dunstonh

What tax wrappers have you identified as being suitable for you?  (potentially 3 could apply here.  Possibly 4 but unlikely).
What investment strategy are you looking to follow?  (you then pick investments that match that).

Based on the criteria you have given, there is no way to filter the options down.   More info is needed.

El_Torro

It sounds like you have a lot of assets already. If you're already maxing out Stocks & Shares ISAs every year than that rules out one tax efficient way to invest at least. As mentioned your pension situation is important too, as you might be able to put a big chunk of this £100k into that. Of course you can invest outside of ISAs and Pensions, in a less tax efficient way. So you'll need to worry about Capital Gains Tax, etc... This is still likely to be better than just leaving the money in cash, especially since as you imply you won't need the money for 15 years or more.

Of course you then need to decide what investments to invest in, the wrapper you use is just part of the story. As eskbanker says a globally invested multi asset fund is a good way to go for most people. You'll need to understand how volatile your investments are though, and when is the right time to cash in your investments.

csgohan4

if investing outside of a tax wrapping as above CGT will come in, but you could sell a set portion of these investments just below the CGT's threshold each year to reduce that liability should your investments increase in value significantly over time. 

Investing takes alot of time and research

BananaRepublic

csgohan4 said:

Investing takes alot of time and research

Not necessarily, it does require some learning at the outset, but it can be mostly fire and forget. 

csgohan4

BananaRepublic said:

csgohan4 said:

Investing takes alot of time and research

Not necessarily, it does require some learning at the outset, but it can be mostly fire and forget. 

but if your a new investor, there are thousands of funds out there. If your talking about managed funds like VLS, HSBC e.t.c, which one would you want? VLS 20 or VLS 80?? More bonds, less bonds? more volatility more risk e.t.c?

If you invest in your investment, that will pay in the future. If you just hope for the best, hope you sleep well at night. 

I am not expecting you to get an economics degree but basic reading on passive and active investing, understanding Funds vs ETIs e.t.c. Some trackers have more EM, some less. Understanding how to read the KIIDs is important too 

BananaRepublic

csgohan4 said:

BananaRepublic said:

csgohan4 said:

Investing takes alot of time and research

Not necessarily, it does require some learning at the outset, but it can be mostly fire and forget. 

but if your a new investor, there are thousands of funds out there. If your talking about managed funds like VLS, HSBC e.t.c, which one would you want? VLS 20 or VLS 80?? More bonds, less bonds? more volatility more risk e.t.c?

If you invest in your investment, that will pay in the future. If you just hope for the best, hope you sleep well at night. 

I am not expecting you to get an economics degree but basic reading on passive and active investing, understanding Funds vs ETIs e.t.c. Some trackers have more EM, some less. Understanding how to read the KIIDs is important too 

I agree with the above, your earlier post suggested a lot more work. I guess we clarified what you meant. 

Old_Lifer

The  OP  says they have maxed their premium bonds and ISA allowance  and  are 'looking for a better interest rate'.   Perhaps this may indicate that they have no experience of investing and have all the money in 'cash' .

eskbanker

Old_Lifer said:

The  OP  says they have maxed their premium bonds and ISA allowance  and  are 'looking for a better interest rate'.   Perhaps this may indicate that they have no experience of investing and have all the money in 'cash' .

OP does twice refer to looking to 'invest', although it's true that many use that term very loosely, but also mentions having an investment property.... 

Old_Lifer

The value of a house doesn't go up and down each day.     Investing on the stockmarket requires a different  mindset.