Hypothetical question for fun...

aroominyork

DullGreyGuy said:

Given you state assuming not being risk adverse at all and don't need the money, put it all on Gardon's La to win the 14:10 rate at Taunton today at 80/1 with PaddyPower and Betfair. 

It came in seventh. "Prominent, disputing second before 2 out, weakened before last."

j_netprofit

eskbanker said:

jay_ftw said:

eskbanker said:

So your hypothetical question can't be answered in a vacuum, it needs the surrounding context, including objectives, timescales, attitude to risk, other assets, etc, etc....

Fair point. 

Anyway what would you do with it given the brief?

I'd do something appropriate for my circumstances....!

Willing to share...? 

Beddie

How about a bit of both? Half into S&P500 and the rest on a fix. Come back in a year and tell us how you got on.

DullGreyGuy

aroominyork said:

DullGreyGuy said:

Given you state assuming not being risk adverse at all and don't need the money, put it all on Gardon's La to win the 14:10 rate at Taunton today at 80/1 with PaddyPower and Betfair. 

It came in seventh. "Prominent, disputing second before 2 out, weakened before last."

Good job they said they didnt need the money then! Just think what might have been though

enthusiasticsaver

I would not invest it if you want to be able to access it in a year.  I would put it in the fixed term ISA. It is of course accessible in a stocks and shares ISA but if the market is low then you would not necessarily want to take it out. 

eskbanker

jay_ftw said:

eskbanker said:

jay_ftw said:

eskbanker said:

So your hypothetical question can't be answered in a vacuum, it needs the surrounding context, including objectives, timescales, attitude to risk, other assets, etc, etc....

Fair point. 

Anyway what would you do with it given the brief?

I'd do something appropriate for my circumstances....!

Willing to share...? 

The hypothetical brief is too self-contradictory to map onto real life:

jay_ftw said:

You're not at all risk averse

You don't necessarily need the money 

You're only goal is to balloon that money.

You don't really want to lock it away from any longer than a year.

If I was in a situation where I had money that I didn't want to lock away for any longer than a year then realistically that means easy access savings (or perhaps shortish fix or notice account) rather than investing, as investing over short time periods is essentially gambling, especially if being unduly influenced by recency bias.

However, if it was money I didn't necessarily need, and that meant being able to take a longer term view, I'd look at investing in accordance with likely timescales and risk tolerance - I'd certainly diversify with global assets rather than plucking out individual markets such as the S&P500 though.