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£75k to invest/save
Sharkssword
Posts: 7 Forumite
Hi all,
I've seen this question asked in previous Years but wondered what the consensus was today.
I have £75k+ in the bank which is currently doing nothing at all.
I have a flat I let out and flirted with the idea of another property purchase but I'm not so sure about going down this route.
I have fortunately been able to pay off my mortgage and have no other debts so the money is purely for investment/saving purposes.
Any advise/guidance would be greatly appreciated.
Many thanks
I've seen this question asked in previous Years but wondered what the consensus was today.
I have £75k+ in the bank which is currently doing nothing at all.
I have a flat I let out and flirted with the idea of another property purchase but I'm not so sure about going down this route.
I have fortunately been able to pay off my mortgage and have no other debts so the money is purely for investment/saving purposes.
Any advise/guidance would be greatly appreciated.
Many thanks
0
Comments
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As per the first reply when you asked a similar question a few years ago,The most appropriate solution is dependant on your goals and aims for the future, your current income & expenditure, your current full assets & liabilities, your tax position, and so on.0
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Hi,
Thanks for the feedback.
I'm in a rather unique position and perhaps best to speak to someone and explain that way rather than here.
Thank you once again for your feedback0
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