Where do I invest?

ashamalik

Hi,
I have some cash available in my bank account. How do I get effectively invest it? Should I pay off the mortgage or Help to Buy loan or put it in a savings account or buy another flat?
Thanks.

El_Torro

You’ve identified some of the options already. Other options include your pension or a Stocks & Shares ISA. We can’t really suggest much without knowing a lot more about your current situation.

Reading some of the old threads in this forum is also a good way to start exploring your options. Similar questions are asked pretty regularly. 

bostonerimus

What do you want to achieve?

Millyonare

What is your attitude to risk? High, mid or low risk investor type?

jimjames

ashamalik said:

Hi,
I have some cash available in my bank account. 

How much is some cash? If it's enough to buy a flat then it sounds like a significant sum.

Albermarle

ashamalik said:

Hi,
I have some cash available in my bank account. How do I get effectively invest it? Should I pay off the mortgage or Help to Buy loan or put it in a savings account or buy another flat?
Thanks.

Considering you are asking quite a complicated question, involving what seems to be a largish sum of money, you have supplied almost zero details about yourself or your finances, so no sensible answer will be forthcoming.

dunstonh

or buy another flat?

In a house price crash, flats always suffer worse than houses.     Just saying that as the economics are starting to align to the sort of levels where a house price crash would typically start to occur.   it doesn't mean it will or that the crash will be large or lengthy.  Just that such an option would need to be very long-term and may not have short term liquidity.

Given the lack of information, you can pretty much say that every single option/method possible is available to you and we cannot filter down on that without better information.