We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Investing a large sum for an income
Options
Comments
-
If you are living on your current income levels, do you need the additional income from this £200k?
Why or what purpose is the extra income to be used for?Personal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0 -
Im in the position where I don't need the income from my savings to live off.So in 5 years when the fixed rates mature I will have around 90% of all the interest re invested into savings.10 Regular savers as of today with the money going round and round, Easy access to regular savers and around and around it goes.I know inflation will hurt me etc, but I will still have 50k More than today.Plus the money I started with.I can live with that.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.1K Banking & Borrowing
- 253.2K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244.1K Work, Benefits & Business
- 599.1K Mortgages, Homes & Bills
- 177K Life & Family
- 257.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards