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What to do with £200k?

Gimmeago · 2022-09-29 09:25:33

Let me start out by saying I have no real understanding of financial matters, so please excuse my ignorance. I inherited a lump sum of money last year, and had planned to buy myself somewhere to live rather than keep renting. After 2 failed attempts to buy property, and given the uncertainty in the market right now, I've…

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Albermarle Posts: 27,762 Forumite

29 September 2022 at 1:36PM

Thank you. I'm sorry to sound like such an idiot, but I've never had more than 3 or 4k available in my whole life, and I'm so scared of doing the wrong thing with this.
Then you made a good decision to come to this forum with your questions. You will also find that people suggest some alternative ideas not directly connected to the original question, such as the one above from Coldiron.

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