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Charles_Darke

If You Had £500k Today And No Other Assets/debts What Would You Invest It In?

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funny.

I thought dumscumbleeder was going to say 'a really really REALLY big turnip'

It's not theory CIUW, its what I am actually planning on doing. PS hows work today? I've had to come in from the garden - too hot.

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Property, shares, gold, etc...?

I would buy myself a respectable place to live ~£150 000 should be ample - I have simple tastes.

The rest I would put in a good old savings account (should get a reasonable return) until the position on shares/gold and the like becomes clearer, give it a while and I would probably go to the stockmarket - I would avoid BTL as a matter of principle - I know exactly what it is like to be priced out by a*&"holes :angry:

- am I dull or what!

:blink:

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I would buy myself a respectable place to live ~£150 000 should be ample - I have simple tastes.

The rest I would put in a good old savings account (should get a reasonable return) until the position on shares/gold and the like becomes clearer, give it a while and I would probably go to the stockmarket - I would avoid BTL as a matter of principle - I know exactly what it is like to be priced out by a*&"holes :angry:

- am I dull or what!

:blink:

Where and what would you buy with your £150grand?

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I'd put 30% into starting a business (if that option is available - and I don't mean BTL!), 30% cash, 20% in recession-friendly shares (utilities, energy, debt-related companies, Japan/Germany), 20% gold/silver.

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Ferrari Enzo

Ford GT40

Fully paid for house

What's the point. I'd only have to pay capital gains tax for any decent returns.

I'd sooner just spend it all on a residential home which is exempt, and save the cash i'd normally use to pay the mortgage.

Before any of you mention houses are dropping, that's only your opinion :D

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Guest Bart of Darkness

I suppose crack cocaine, escort services and alchohol fueled benders don't really count as "investements". :unsure:

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Property, shares, gold, etc...?

Wait until August and invest in world cup T shirts. Tescos are currently selling England T Shirts for £10. The same T shirts were reduced down to £2.50 after Euro 2004. I know, I bought some.

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I suppose crack cocaine, escort services and alchohol fueled benders don't really count as "investements". :unsure:

Depends on whether they were all for personal use or not - the first two might be seen as excellent investments. I'm picturing a few BBC journos boasting about their million-pound portfolios of Eastern European teenagers... :unsure:

And I believe crack is worth a bit more per gram than gold, so you could probably do well by putting it in a vault in Zurich for use in the event of a breakdown in society?

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30K in premium bonds, 450K in high interest savings, 3K in ISA, 17K to go on a 1 year round the world trip.

A campervan + Instant access high interest account.

Not a bad idea!!

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90% Fixed price gov bonds / cash.

10% in gold - buying Aug - Nov this year.

If you think that inflation will increase, and lots on this site do, then bonds will perform poorly.

Edited by niceandpolite

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US $ cash. I have 90% in US $, 4% UK Sterling, 3% in stocks, 3% in bonds.

America is sneezing.

Well there's plenty of dollars to go round...the US government is printing them by the trillion.

Edited by niceandpolite

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My advice to anyone getting this sort of amount as a sudden windfall is this:

1. Split it up into 100K blocks and put it with different banks to get maximum hi yield interest (i.e. ING etc.). I say split it up as it doesn't makes sense to have all you money with one bank.

2. Whilst doing 1, have a good look around and wonder whether it is worth buying a property now, or later. Read all my posts on this board ;) , then all the others. No seriously, do a bit of research, use your position to test the market a bit if you like the idea of changing your property. Experiment dealing with EA and negiotiating with vendors directly.

3. Whilst doing 1 or 2, take a small proportion of it; say 10-20K and experiment in stocks, gold, or whatever takes you fancy. Also, read several books on fundimental analysis, technical analysis, simple accounting principles if U don't know them, and consider going on a couple of 1-2 day investment courses. Oh yes, expect to lose at least half of this money.

4. You should at some point experience at least three-four large losses at some point doing 3 (ignore the gains, its the losses that earn you the lessons and experience), at which point you will realise that fundimentals are everything and technical analysis is unreliable and should only be used once you have sound fundimentals, or as a signal not to trade, rather than to specifically trade. At this point, you can them make an informed investment decision as to whether you are a.) any good at this stuff b.) are up for the character building it gives you c.) want to use more capital doing it d.) stop doing it because its not your bag.

If you have a serious windfall then you may want to consider private equity management with Coutts or someone like that, but you need to have a good 2M+ for this.

I hope that helps :)

Edited by dev

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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