Im in my last year at university and wondering what I should do with the money Ive had in an Income Bond so far (£22,000)
1) Use it to get onto the property ladder - would probably be looking to buy late 2008 / early 2009

2) Spread it out amongst a couple of Mutual Funds

3) Invest it myself, been using sites such as marketocracy for 2-3years and studying Business Finance and would like to - at some point before im 50 become a fund manager and i know that having a personal track record helps. in the time i have papertraded Ive recieved ~15-20% / year

4) Other - specify :)
Basically Im after long term growth and unsure as to whether a selection of decent mutual funds and renting would be better than owning a property at least for the next 5+ years (im 21 now)
Additional Details
edit- This isnt part of a student loan, its inheritance money so will have no need to repay any ofit