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Invest

where is the beast place to invest £40,000

Comments

  • HappyHarry
    HappyHarry Posts: 1,896 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    That depends on your circumstances and objectives for these funds. Can you give us any more context?
    I am an Independent Financial Adviser. Any comments I make here are intended for information / discussion only. Nothing I post here should be construed as advice. If you are looking for individual financial advice, please contact a local Independent Financial Adviser.
  • Albermarle
    Albermarle Posts: 31,210 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    daiguy said:
    where is the beast place to invest £40,000
    If you read through the forum you will see similar questions get asked all the time.

    However the answer is individual to you and your circumstances, so you need to supply some details about yourself.

  • Eyeful
    Eyeful Posts: 1,261 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    edited 27 July 2024 at 5:26PM
    This is a "How long is a piece of string" question.

    1. what do you mean by best?
    2. Do you really mean savings, investments or both?
    3. How long is this for 5years, 10years, until retirement?
    4. Are you paying high interest on cards?
    5. Do you have a job, an emergency fund, pension?

    There are even more questions before, you can get a meaningful answer.
  • eskbanker
    eskbanker Posts: 40,711 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    daiguy said:
    where is the beast place to invest £40,000
    Investing in Animal health | Quilter Cheviot ? ;)
  • Xenon
    Xenon Posts: 323 Forumite
    Part of the Furniture 100 Posts Name Dropper
    Why do posters post a thread and give no information whatever ?

    How can anyone help with zero information !
  • Bostonerimus1
    Bostonerimus1 Posts: 1,954 Forumite
    1,000 Posts Second Anniversary Name Dropper
    Xenon said:
    Why do posters post a thread and give no information whatever ?

    How can anyone help with zero information !
    People who are new to investing often don't understand enough to even phrase a sensible question. The lack of knowledge about such a fundamental aspect of living in a capitalist society where large parts of our lives are governed by markets is part of the reason so many people feel disconnected and powerless.
    And so we beat on, boats against the current, borne back ceaselessly into the past.
  • GazzaBloom
    GazzaBloom Posts: 856 Forumite
    Sixth Anniversary 500 Posts Photogenic Name Dropper
    New user, first post…perhaps lives under a bridge
  • trickydicky14
    trickydicky14 Posts: 1,521 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Xenon said:
    Why do posters post a thread and give no information whatever ?

    How can anyone help with zero information !
    People who are new to investing often don't understand enough to even phrase a sensible question. The lack of knowledge about such a fundamental aspect of living in a capitalist society where large parts of our lives are governed by markets is part of the reason so many people feel disconnected and powerless.

    Someone may be new to investing / saving we all have to start somewhere but would you not read through some posts first and get an idea of what you need to ask to get the best response. As already said, lots of posts asking the same question. You need to put a little bit of work in to get the best results.


    I choose the rooms that I live in with care,
    The windows are small and the walls almost bare,
    There's only one bed and there's only one prayer;
    I listen all night for your step on the stair.
  • cloud_dog
    cloud_dog Posts: 6,428 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    daiguy said:
    where is the beast place to invest £40,000
    What are your plans / goals and possible timescales?

    What we do with money, the product we use will often be defined by our plans / goals and any associated timescales.
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
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