What would you do if you had £100,000 to spend/invest
#1
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What would you do if you had £100,000 to spend/invest
A mate of mine just sold 1 of his houses and made £100,000 profit, and he asked me what i could do with it.
I couldnt suggest other than to put it back in property as i was in shock he asked me
What would you spend/invest in?
I couldnt suggest other than to put it back in property as i was in shock he asked me
What would you spend/invest in?
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I'd invest most of it straight back into a bigger house
although i'd hold back about £20k, spend most of that on a nice Hawk STI and the rest on a holiday somewhere
although i'd hold back about £20k, spend most of that on a nice Hawk STI and the rest on a holiday somewhere
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I wouldn't put it in property at the moment, that's for sure.
I would ask him what sort of return he wants on it, and how what sort of risks he is willing to take with it.
I would ask him what sort of return he wants on it, and how what sort of risks he is willing to take with it.
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You need your head screwing on you do mate, Marrying a poor girl? what sort of plan is that The bulbs there but theres no electricity flowing is there?
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Some fantastic stock out there at the moment at a discount, offering some income and capital growth targets! Drop us a PM if hes interested in the markets
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- 45k into 3 x NS&I Index Linked Bonds issues (~5.5% tax free)
- 30k into Kaupthing at 6.5%
- 25k into Icesave 2year fixed at 6.7%
Batten down the hatches, and then in a few years look to buy some cheap asset/shares as things are starting to bottom out
- 30k into Kaupthing at 6.5%
- 25k into Icesave 2year fixed at 6.7%
Batten down the hatches, and then in a few years look to buy some cheap asset/shares as things are starting to bottom out
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cause i certainly couldnt.
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I'd borrow another £100k and go and buy a smallish property in the Seychelles suitable for 4 people. I would live there myself during the UK winter living on mostly fish and local beer. Then I would rent it out for the rest of the year which would more than pay the mortgage when I would be living in the UK.
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In case you hadn't guessed I hate British winters and am getting increasingly sick and tired of the loss of what used to be a decent place to live in with decent people.
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In case you hadn't guessed I hate British winters and am getting increasingly sick and tired of the loss of what used to be a decent place to live in with decent people.
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This is what I'd do. Apart from hookers, charlie, booze and a 997 Turbo of course.
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I'd borrow another £100k and go and buy a smallish property in the Seychelles suitable for 4 people. I would live there myself during the UK winter living on mostly fish and local beer. Then I would rent it out for the rest of the year which would more than pay the mortgage when I would be living in the UK.
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