Charles
|
This is the last place I would ask a question like that!!! |
|
Joe Bloggs
 |
Just be careful.
I've read many stories of High Street banks advising clients in your situation... planning to retire with lump sum... and they've guided their clients towards high risk investments where the client has lost 50% plus of their capital.
Seems to me the advisors are more interested in their commissions for what types of investments they get people to invest in.
Don't be taken in by anyone. Think, then think again. Depends on what your attitude to risk is though for the returns you hope to get back.
Also I personally wouldn't lock my money in one single investment. If a bank has problems or fails, you can only get a certain amount back. I'd spread it in a few investments/deposits. |
|
Newgran
|
You really need the help of and independent financial advisor for this one . look up one in the phone book. |
|
Wantstohelpu
 |
My advice would be to use a reputable bank, and bank on line to start with like Abbey, they pay 5% or slightly less for monthly interest.
Second to utilise your isa allowances for tax free returns (up to 7k each for you and your wife per annum.) Choose low to medium risk ISAs with sombody like Inscape (abbeys investment arm) This will not commit too much of your ISAs into equities (Shares) so will probably produce steady returns without too much risk. (Although all investment is a risk and it may not!!)
Good returns can be got from big investment companies such as New Star, Fidelity, Artemis etc but you pay a management fee and like all investments you may not get back what you put in if it doesnt perform, it depends on the level of risk you want to take and how you want them to spread your investment - not for the faint hearted.
Property - buying a couple of old houses up north at auction, doing them up and renting them out for£350 - £400 a month is done by an awful lot of people nowadays and you could certainly do that with £100k. It is probable that the value of the houses would rise but who knows it could drop.
You wouldn't necessarily have to use all of your £100k to do this and a fair bit of work on your part would be required doing them up etc, but it has potential to make you more than say a bank or building society in the longer term.
My last bit of advice would be spend it in a considered fashion over x amount of years. Enjoy the interest and spend slightly less than that each year so that you leave the capital amount alone. Just see it as your employer continuing to give you £5k a year wage, which you would spend anyway. It is true that inflation will erode the spending power of your original investment over time, (3% a year) so if you only spend £2k a year of your 5k interest you will stay in broadly the same position each year providing inflation remains at its current level. Although the tax man will take a bit of interest too, so you need to allow for that as well!!
PS pop a few quid into premium bonds - no risk and you might win a million!! and if you did you would definitely need more professional advice!!!
Good luck to you anyway, hope you find the right form of investment to suit you |
|
plie3824
|
Coz you retire you must invest without any risks. Go for a safe place and don't get distracted by the big profits (means high risks). You don't want to spoil 100k! A savings account is too safe and % not high enough, slightly more risk is alright. |
|
andrew f
 |
Your "pounds sign" indicates that you are in the UK.
If you want to "leave something for the kids", you might ask your financial adviser about "PIBS" in building societies (or ex-building societies). They seem to return around 6%. You could get a little (0.5% or so) more by buying an annuity, but once you have bought your annuity, that's it - they pay you yur income until you die, when the income stops and the capital is gone. The price of PIBS (Permanent Income-Bearing Shares) varies with current interest rates, but at the end of the day (or, rather, the end of your days), they will at least be worth money, whereas an annuity won't. However, the interest is paid half-yearly, rather than monthly.
I am merely drawing your attention to their existence, and not advising you to go in for them. To get advice, you need to speak to someone authorised by the FSA, which I am not. |
|
daniel i
|
Hi,
I am developing propeties in Croatia and I am looking for an investor for my new project.
If you are interested please contact me.
Best Regards,
Daniel |
|
weizy_26
|
shall i email you my bank details ? |
|
Supersammy :o)
|
Look no further than here Im very willing to put your money to good use..........:o) |
|
WHITE TRASH ARMENIAN
 |
You must put all of your money into my back account immediately. |
|
Chianti Man
|
Together we could work it out... so if you need soemone to enjoy your retirement with then I'm free |
|
kery
|
Ok, I will tell you where it is. www.swisscash.biz/myabd2502701. I guarenty you will love it. just visit and take time |
|
stock.expert
|
Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.
I am sure that you can get your answers in this website.
http://investing.sitesled.com/
Good Luck and Best Wishes! |
|
J Bace
 |
Hi Carol,
Likewise I want to start a feaseble profitable business, but can't get starting funds of only £45.000 due to being overaseas. People look into risks before realising that most investors are doing well abroad, why shouln't happen to you? With this amount invested you will have a guaranted 50% return nine months later. Considering contact me at. jbaceuk@yahoo.com. And we talk. |
|
bubbles_grandpa
|
Check out this site. www.islandsproperties.com you can buy resorts in the tropics. |
|
grimlock_grimlock
|
You could invest it a company called FAIRPAK. Your return would be 4pence back for every pound you spend.
Hope this helps
Merry xmas |
|
internat y
|
buy a couple of houses to rent out at £400.00 per month each house |
|
VP
 |
Hi,
You shouldn't put all your eggs into one basket. You should diversify it; put some money in low risk and some money in high return
I'm forex trader/analyst for 5 years. I accept private investments.
I pay at least 5% monthly for 12 months.
Reasonable investment amount from US$10000 (ten thousand). But minimum is lower.
If you are interesting to join me please send e-mail or pm (click my name) with amount you are going to invest and I provide your with further details |
|
Jackie
|
I believe Saga have independent financial advisers. Have you thought about buying a property, letting it out, and using the rent as your income. You will also get an increase in the price of the house when you sell. Good luck! |
|
fan_wan :-)
|
I am not too clear on your question, but you should see a financial advisor to help you make the most of your money. Dont invest in stocks because if the market gets hurt so does your 100k, try mutual funds. Call someone like New York Life, or Met Life, companies that have been around for a long time, that are reputable and not reckless. Dont invest all of it because you will need cash on hand for miscellaneous things. Make sure your bills are paid up before you do anything with your money. |
|
Claude
|
For starters, I would say keep the money in the bank & live off the interest for a while before you make any decisions.
I would say scout about for a good business opportunity. Like a franchise takeaway or something.
If you really dont want to workhard any more, I would say Start investing in property & make money off that. It will take a while to get that off the ground but once you sell your first property, you will reap the rewards of large profit margins & also have fun doing it.
Good luck |
|
Sassysaz
|
I'll look after it for you... |
|
shakira s
|
i dont know but one thing i do know is that you must be old are you? |
|
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
