Money........What to do 08:43 - Mar 13 with 4488 views | Blueorder | My mother has recently had 100k dropped into her current account as the result of a property sale. Any ideas where is best to put the money? Thanks. | | | | |
Money........What to do on 08:45 - Mar 13 with 3990 views | Guthrum | Depends how much further the stock markets are going to fall. | |
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Money........What to do on 08:46 - Mar 13 with 3996 views | Dyland | In these strange days I advise copious quantities of drugs, booze and whatever luxury grub she can lay her hands on. | |
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Money........What to do on 08:52 - Mar 13 with 3937 views | Dubtractor |
Money........What to do on 08:46 - Mar 13 by Dyland | In these strange days I advise copious quantities of drugs, booze and whatever luxury grub she can lay her hands on. |
Big party round Blue Order's mum's house? edit: capacity must be limited to 500 or less in the current climate. [Post edited 13 Mar 2020 8:52]
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I'm in (n/t) on 08:52 - Mar 13 with 3919 views | Dyland |
Money........What to do on 08:52 - Mar 13 by Dubtractor | Big party round Blue Order's mum's house? edit: capacity must be limited to 500 or less in the current climate. [Post edited 13 Mar 2020 8:52]
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Money........What to do on 08:55 - Mar 13 with 3889 views | Lesta_Tractor | decent stake for today's gold cup... | |
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Money........What to do on 08:56 - Mar 13 with 3889 views | GeoffSentence | 100K? That is exactly the right amount of money required to pay the release fees for orphaned UK funds in Nigeria. Send that to me and I will be able to sort out all the necessary bureaucracy to free up funds totalling £5M which will be transferred into your name, or the name of a nominee of your choice. | |
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Money........What to do on 08:58 - Mar 13 with 3875 views | Pinewoodblue | Depend on long term intentions. Is It a temporary situation will the money be Moving on into another property for example. | |
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Money........What to do on 09:17 - Mar 13 with 3815 views | JammyDodgerrr | Probably for now, if you've got a good interest rate current account, that might be your best bet given the climate. Obviously long term you will be able to find a better deal but for right now it might be the best given savings account interest is also through the floor. | |
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Money........What to do on 09:19 - Mar 13 with 3799 views | Blue_Order | I can take care of that for her, mate. | | | |
Money........What to do on 09:21 - Mar 13 with 3785 views | Swansea_Blue |
Money........What to do on 09:19 - Mar 13 by Blue_Order | I can take care of that for her, mate. |
You are practically related after all | |
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Money........What to do on 09:21 - Mar 13 with 3790 views | ITFC_Forever | Ask on a football message board instead of speaking to a Financial Advisor seems a good idea. If you leave the money in a plastic bag behind the wheelie bin, I will make sure it is put to good use. | |
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Money........What to do on 09:29 - Mar 13 with 3753 views | StokieBlue | First thing to do is move it to two separate banks as the government only covers 85,000 in each bank through it's scheme. Once you've done that take your time. At the moment I would think fixed rate bonds would be ideal if you want a stable return. If you want to risk it then the markets are low (but could go lower). This post is not to be taken as financial advice. SB | |
| Avatar - IC410 - Tadpoles Nebula |
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Money........What to do on 09:33 - Mar 13 with 3732 views | Durovigutum | All in my uneducated opinion. Now? Fill a FTSE100 tracking ISA with the full 20k allowance. Maybe wait a few more days until it hits bottom. In April, when the Yanks blundering with this virus really hits them and the dollar drops and Dow panics further, buy US stocks with your new ISA allowance. If you want money set aside for the longer term (5+ years) then invest in the Far East. It's cheaper at the moment, but if you follow the population demographics this is where the growth will occur, not Europe/UK/US where our population is ageing and the growth little more than inflationary. But remember, in the long run we are all dead.... | | | |
Money........What to do on 10:03 - Mar 13 with 3640 views | HARRY10 | invest rice, pasta, soap, toilet roll .............a funeral company | | | |
Money........What to do on 10:10 - Mar 13 with 3620 views | clive_baker | Wait a couple of months and go balls deep on the Nifty 50 when it bottoms out. Handful of Indian Fintech companies. | |
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Money........What to do on 10:20 - Mar 13 with 3568 views | Lord_Lucan | Split it between mother and yourself and hold £50k each in premium bonds. | |
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Money........What to do on 10:33 - Mar 13 with 3534 views | KBsSocks | Any debts? Pay them off. Maybe children's debts, too? Depends what her long-term financial plans are. Split the dosh, too, as already mentioned, to below £85k. Consider Premium Bonds (if she doesn't mind that it's gambling) as prizes are tax-free. 1-in-24,500 chance of winning, 99.3% chance of winning something if £10k held. She doesn't have to hold them forever. Investement in a managed portfolio ? I'd wait at the moment. Investment in a company if there are some benefits to an investment that your mum might use. Lots of examples, but Next for 100 shares you get 25% off one purchase voucher ... Adnams shareholders get Privilege Card, giving 15% off purchases in Adnams stores ... https://www.hl.co.uk/shares/shareholder-perks https://www.share.com/investments-and-recommendations/share-tips-and-search/shar | |
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Money........What to do on 11:08 - Mar 13 with 3474 views | jimmyvet |
Money........What to do on 10:33 - Mar 13 by KBsSocks | Any debts? Pay them off. Maybe children's debts, too? Depends what her long-term financial plans are. Split the dosh, too, as already mentioned, to below £85k. Consider Premium Bonds (if she doesn't mind that it's gambling) as prizes are tax-free. 1-in-24,500 chance of winning, 99.3% chance of winning something if £10k held. She doesn't have to hold them forever. Investement in a managed portfolio ? I'd wait at the moment. Investment in a company if there are some benefits to an investment that your mum might use. Lots of examples, but Next for 100 shares you get 25% off one purchase voucher ... Adnams shareholders get Privilege Card, giving 15% off purchases in Adnams stores ... https://www.hl.co.uk/shares/shareholder-perks https://www.share.com/investments-and-recommendations/share-tips-and-search/shar |
How about not taking advice on this forum or down the pub and speaking to an expert - A Chartered Financial Planner ....just a thought. | | | |
Money........What to do on 11:31 - Mar 13 with 3422 views | KBsSocks |
Money........What to do on 11:08 - Mar 13 by jimmyvet | How about not taking advice on this forum or down the pub and speaking to an expert - A Chartered Financial Planner ....just a thought. |
How about information-averaging, THEN going to a financial planner more aware of what your options are ? | |
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Money........What to do on 11:32 - Mar 13 with 3419 views | ClareBlue | Why not run Ipswich Town for a week You wont get a more exiting return than that in the markets and we will all apreciate it | | | |
Money........What to do on 13:29 - Mar 13 with 3300 views | Enigma_Blue | Does she fancy putting the money towards Lambert's pay-off for failing to get us in the play offs? The less money ME has to shell out himself the more likely he is to pull the trigger. | | | |
Money........What to do on 13:43 - Mar 13 with 3270 views | Andrew4445 | Immediately split it between two bank accounts or building society accounts with institutions covered under separate banking licenses, this insures it up to the full value. This is important bearing in mind the volatility in the markets and the economy at the moment. Outside of that, pay for financial advice (up front payment to two or three advisers) and see what they can offer. | | | |
Money........What to do on 13:53 - Mar 13 with 3243 views | BiGDonnie | I've been on a bit of a hot streak with my premium bonds recently. By hot streak I mean absolutely zero wins. | |
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Money........What to do on 14:50 - Mar 13 with 3159 views | jimmyvet |
Money........What to do on 11:31 - Mar 13 by KBsSocks | How about information-averaging, THEN going to a financial planner more aware of what your options are ? |
Is that what you do when you have a medical issue go to football forum or the pub for some ideas before you go to the doctors? | | | |
Money........What to do on 14:58 - Mar 13 with 3125 views | Tangledupin_Blue | Toilet rolls. There is no better investment. | |
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