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    How to invest £50000?

    Any idea about the best way to invest £50000!!

    47 Comments

    any good bond

    Hi I am the son of a Nigerian king, he is locked up in exile, however he has asked me to find asafe keeper for his trillion dollar fortune and I have chose you.

    Please send bank details immediately so we may deposit the monies.

    Regards

    Prince Isabigcon

    play it safe, stick it all in a bank that wont tax you for it

    that kind of money - get professional advice, it will pay for itself very quickly

    EliTom

    Safest investment is a savings bond of some kind. Northern rock are doing some very good instant access rates at the moment of 6.45%,

    if you dont want to touch it for about 10 years plus, buy a few houses as buy2lets interest only morgage, putting down ten percent on each. Itl pay the rent, nothing more.

    Even if house prices drop loads, ten years from now they will be much higher than their present value.

    Premium Bonds are a fun and potentially very profitable investment - no risk either. Maybe a good place to put it until you decide what to do

    I would recommend you seek professional advice considering the amount involved.

    Premium Bonds

    You could invest it in me lol!

    what about 300k or so? any sure fire way of investing it so that it will reap rewards?

    It depends on your risk preference. I’m a company accountant for a firm of Independent Financial Advisors, and I’ve seen a few investment portfolios in my time. It’s amazing what can be gained with the correct investment (all in hindsight though). ;-)

    If I had £50,000 to invest, I wouldn’t hesitate to consult one of them. I would, however, steer clear of premium bonds. The expected return on investments is less than some bank high interest rates.

    Put it in a Halifax account.
    My Mum earns about £4 a month interest on a similar amount lol.

    No one mentioned ISA?

    you could also go into the Caisno and go double or nothing on RED/BLACK:|

    put it on man united to win the league. will be double that amount by may.

    harvie316;1632288

    No one mentioned ISA?



    There's a £7,200 annual limit on ISAs (£3,600 cash maximum)

    i'd ask myself how long do i have till someone finds out their money's gone missing lol.

    However dodgy this may sound, you can Invest it in my business, it has huge potential to return millions within a few years. PM if you are seriously interested.

    Banned

    cornish;1631858

    if you dont want to touch it for about 10 years plus, buy a few houses as … if you dont want to touch it for about 10 years plus, buy a few houses as buy2lets interest only morgage, putting down ten percent on each. Itl pay the rent, nothing more. Even if house prices drop loads, ten years from now they will be much higher than their present value.


    Terrible advice. No-one can say house prices will be much higher than their present value in 10 years time! :whistling:

    They need to be at least 70% higher than now to beat a northern rock bond.

    In case you hadnt noticed, house prices are falling as well.

    Banned

    To the OP:-

    you need to specify how long you want to invest for, element of risk, withdrawals allowed etc.

    The least you should do is get £3000 in to a cash only ISA now and then add another £3600 after April 5th.

    Banned

    cornish;1631858

    if you dont want to touch it for about 10 years plus, buy a few houses as … if you dont want to touch it for about 10 years plus, buy a few houses as buy2lets interest only morgage, putting down ten percent on each. Itl pay the rent, nothing more. Even if house prices drop loads, ten years from now they will be much higher than their present value.



    Buy a few houses?

    Must be pretty cheap where you live!!!!!!!!

    Do you want my bank account number for the instant transfer:-D

    I would seriously consider going into a bank, and asking to speak to a financial advisor.

    Barclays have some really good products on the market at the moment, including bonds that invest in the global market, where the returns are really good. some of them can have a 250% return on them in 5 years.

    No offence to the inderpendant financial advisors, but they just dont have access to some of the information in banks, I would seriously take a day and go round the banks to speak to financial advisors, and see what they can offer.

    With you wanting to invest so much money, you may find that the financial advisors will come to your home to disscuss their products.

    Banned

    Kitten13;1632776

    No offence to the inderpendant financial advisors, but they just dont … No offence to the inderpendant financial advisors, but they just dont have access to some of the information in banks



    I would say the complete opposite is true. IFA's have access to all products whereas banks are generally tied to their own banks products, seriously limiting choice.


    Anyone else agree?

    thats why you go around the different banks.

    there are new products brought out all the time, can you honestly say all the inderpendants know fully about all of the new products in each bank?

    Buy a house!

    Banned

    Abvance;1632899

    Buy a house!


    you would get a garage in my area for 50K!

    I'm looking for people to invest in my hedgehog farm:whistling:

    Northernrock.........

    Banned

    Kitten13;1632776

    I would seriously consider going into a bank, and asking to speak to a … I would seriously consider going into a bank, and asking to speak to a financial advisor. Barclays have some really good products on the market at the moment, including bonds that invest in the global market, where the returns are really good. some of them can have a 250% return on them in 5 years. No offence to the inderpendant financial advisors, but they just dont have access to some of the information in banks, I would seriously take a day and go round the banks to speak to financial advisors, and see what they can offer. With you wanting to invest so much money, you may find that the financial advisors will come to your home to disscuss their products.



    nothing on their website about this:?

    thats why you need to go into the banks, and speak to the financial advisors.

    not all the products that are on offer are on the websites or even told to you in the call centres. you tend to find the people with the money will go into the banks anyway, as when investing large sums of money they prefer the personal touch, knowing the person they are dealing with.

    Banned

    Kitten13;1633570

    thats why you need to go into the banks, and speak to the financial … thats why you need to go into the banks, and speak to the financial advisors. not all the products that are on offer are on the websites or even told to you in the call centres. you tend to find the people with the money will go into the banks anyway, as when investing large sums of money they prefer the personal touch, knowing the person they are dealing with.



    well the highest i have even really seen is like 6,7,8% a year, now call me nuts but if anyone can get a percentage back like that, surely everyone would sell up:?

    it's investing in the global market, it's quite a new thing, only been released in the last couple of weeks.

    enjoymarcus;1632447

    However dodgy this may sound, you can Invest it in my business, it has … However dodgy this may sound, you can Invest it in my business, it has huge potential to return millions within a few years. PM if you are seriously interested.



    hehe i was almost tempted actually, nice1 :thumbsup:

    for all you guys talking houses forget it, wait a bit and buy when the 20 to 30% correction hits the market this year then buy.

    Banned

    Kitten13;1634191

    it's investing in the global market, it's quite a new thing, only been … it's investing in the global market, it's quite a new thing, only been released in the last couple of weeks.



    Might have to go do some digging on this

    dmccabe;1631824

    Hi I am the son of a Nigerian king, he is locked up in exile, however he … Hi I am the son of a Nigerian king, he is locked up in exile, however he has asked me to find asafe keeper for his trillion dollar fortune and I have chose you.Please send bank details immediately so we may deposit the monies.RegardsPrince Isabigcon



    ROFL!

    As soon as I saw the title of the thread I just knew one of you would do this

    Nicely put :thumbsup:

    Kitten13;1632776

    Barclays have some really good products on the market at the moment, … Barclays have some really good products on the market at the moment, including bonds that invest in the global market, where the returns are really good. some of them can have a 250% return on them in 5 years.



    Which bank is that one? That would be worth a look for anybody!

    Kitten13;1632776

    I would seriously consider going into a bank, and asking to speak to a … I would seriously consider going into a bank, and asking to speak to a financial advisor. Barclays have some really good products on the market at the moment, including bonds that invest in the global market, where the returns are really good. some of them can have a 250% return on them in 5 years. No offence to the inderpendant financial advisors, but they just dont have access to some of the information in banks, I would seriously take a day and go round the banks to speak to financial advisors, and see what they can offer. With you wanting to invest so much money, you may find that the financial advisors will come to your home to disscuss their products.



    WORST. ADVICE. EVER!!! IFA's do have access to all deals all the banks offer (UK, Europe and offshore etc.). Also, they have a wider knowledge of other products, not just high interest accounts. They can advise you on other aspects of your finances (i.e. tax avoidance etc) which an advisor in a bank would dream of telling you.

    csiman;1632836

    I would say the complete opposite is true. IFA's have access to all … I would say the complete opposite is true. IFA's have access to all products whereas banks are generally tied to their own banks products, seriously limiting choice.Anyone else agree?



    Agreed!

    Kitten13;1632857

    thats why you go around the different banks. there are new products … thats why you go around the different banks. there are new products brought out all the time, can you honestly say all the inderpendants know fully about all of the new products in each bank?



    Yes. Yes they do.
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