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What Would You Do With 100k Cash ?

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Guest BAREBEAR_soon to be ALIVA

Heres the scenario. You have no property,you cant work but your coming into 100k cash.

Whats the best thing to do with it ? How to hold on to it for as long as possible bearing in mind the above.

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Guest BAREBEAR_soon to be ALIVA
Put it into the Nationwide and wait a year.

Why ?

Dont forget you have to pay rent in the meantime.

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oh this is a good thread....my mother finds herself in a similar position due to her mother dying recently...interesting to see what everyone thinks. Much argument in my family at the mo!

Edited by Jessica Rabbit

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Guest BAREBEAR_soon to be ALIVA
oh this is a good thread....my mother finds herself in a similar position due to her mother dying recently...interesting to see what everyone thinks. Much argument in my family at the mo!

I know what i would do,its not entirely legal but not crime of the century either.

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Why ?

Dont forget you have to pay rent in the meantime.

Ok, do whatever you have decided to do.

Don't be influenced by the idiots on here. ;)

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I know what i would do,its not entirely legal but not crime of the century either.

:blink: Jesus. Let's not take it back to the 'have you?', 'would you?' thread...

not nice for us decent girls...

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Depends -are you going to have a regular income in the future ie. be able to pay a mortgage?

If put it in the bank and wait out the crash then buy

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Heres the scenario. You have no property,you cant work but your coming into 100k cash.

Whats the best thing to do with it ? How to hold on to it for as long as possible bearing in mind the above.

Aaah, this one's easy.

2 pairs of BB5 - XBDs one for front, onr for rear

http://www.pmc-speakers.com/product.php?mode=view&pid=44

that'll be £72,000 ta

for the centre you'll want one of these...

http://www.pmc-speakers.com/product.php?mo...iew&pid=205

£7000

spend the rest on soundproofing

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What interest rate do they pay? and after tax?

From the princely amount of .2% up to about 3.5% if you lock in for three years with an ISA......,:unsure:

Edited by tiggerthetiger

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From the princely amount of .2% up to about 3.5% if you lock in for three years with an ISA......,:unsure:

Still a better deal than buying a house.

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Guest BAREBEAR_soon to be ALIVA

Come on guys its a serious question .

jessica Rabbits mother would like to know anyway.

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Why only nationwide? You get protection upto 50k elsewhere.

Has £100k to invest...could say best of a bad bunch, all much of a muchness, you pay your money you take your choice. ;)

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Why only nationwide? You get protection upto 50k elsewhere.

Nationwide should always be your first choice, simply because it is a mutual which is relatively cash-rich.

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In my opinion for safety :-

25% Cash

25% Bluechip equity

25% NS Bonds

25% Gold ETF

Or if you're feeling fruity you can barbell :-

20% in each of the above

and 20% in the riskier small cap gold mining and oil shares.

...but shop around for the best transaction costs.

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Heart says: Buy an Audi R8 and enjoy life.

Head says: Put it into the highest paying ISAs/term deposit accounts, obviously splitting it for maximum protection, and avoiding dodgy places like ICICI et al.

The latter is pretty much what I've done for the last two years (albeit except for a slight, and very disturbing, flirtation with Kaupthing Edge). Still wishing I'd had the balls to go for the 'Heart' option though.

Edit: Oh, I forgot - put aside a couple of thousand to play about with shares. Had some ups, some downs, but it's been a bit of a laugh.

Edited by Oh Give Me A Home

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