 I just won $80000, What do I do with it? |
| My wife and I just recieved $80k from a lawsuit. We have a combined income of $75K, own a three family home that we live in but soon hope to move and buy another home and rent out all three apts. O... |
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 A guy is contacting me proposing a business: I can earn millions £! Fake? |
I'm the solicitor to a deceased (property magnate) who died alongside others in the July 7th, 2005 London underground bomb blast in the UK.
Since then, I have been managing her ... |
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 I have a £20 note on my table....................... |
So what should I do with it?
I will not:
give it to you
throw it away
anything else stupid.
I would like to invest it if possible but other suggestions welcome.... |
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 Did i do good? |
| i just tore up all my store cards, credit cards etc..... yay me!! I'm gonna get out of all my debt and get back in control!! Words of encouragment pleas!!! :)... |
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 Where do you keep money from your paycheck so you don't spend it? |
| Get it taken directly out of your paycheck and into savings or something? Just curious and looking for tips. I am tired of not saving.... |
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P H | Wheres the best place to put £60k? |
i've come into a bit of money and i've paid off the mortgage with £60k change. I am retired with a modest pension. i'm 57 in good health and this is the last big chunk of money i am ever likely to get. where would you put it?
Additional Details
no i'm not lucky... far from it if i'd have had a just abit of luck i would have made my dosh a lot sooner....no i didnt work hard for it either i just used my brains ....frankly I am disappointed as to how few financial whizz kids there are on here |
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Everona97
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Northern Rock? |
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julez
 |
In a savings account with a bank that offers high interest rate. We put money in an acct with a 6% interest so each month its fun to see what we earned on our savings. |
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Steven B
|
I would invest some of it into bonds and spend some...live a little.
Or I would (if I had the time) buy another property cheaply, modenise it and then sell or rent it.
But please don't invest it all and leave it in there forever...I don't want to seem morbid, but it's your money you should enjoy it.
Or you could give it to me? |
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carswoody
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Under my pillow
If that doesnt sound tempting then look around the internet and see which banks are offering the highest interest rate. Put 50.000 in it for reserve and treat your family to a holiday they will never forget with rest. |
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JanJan
 |
I'll look after it for you. |
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Perfectly Pink
 |
In my bank account - the things I could do with that at the moment.
Ensure you speak to a financial advisor about investing the money, but easy enough to get at if you want to go on a spending spree. Your 57 years old, you enjoy the rest of your life, wnjoy your money and have a happy life, Good Luck |
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blue dolphin
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Go into your bank and ask to see a financial adviser, or look in your area for an independent financial adviser, to make the most of what you have, you don't need to invest it all, but make sure you put it somewhere where it will make more money. You could put some of it into an ISA. Ask around before you make your final decision., |
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jet-set
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Invest it in a high interest account, enjoy the interest, and spend it on things you've always wanted to do, while you're still young enough to enjoy them. |
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Terri R
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You can keep it in my pocket. lol |
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ANGEL P
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Put as much as allowed ina Tax free ISA. Put one third in Gold you either buy the actual Gold or bonds that will be paid in Gold (Look up Bullion Traders on Line.
Put the majority of the remainder in Premium Bonds. Seek advice before you do anything from a financial advisor. But do keep Gold in mind. All the Gold ever mined in the History of the world would be as big as one Football Pitch 10 stories High. |
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JOSE
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In MY bank account! LOL! Sorry, haven't a clue. Why don't you check the Financial Times for stocks and shares. Better still, see if that guy Martin Lewis can give you any pointers via his website. |
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brianjb49@btinternet.com
 |
If you do not have an isa then put £3000 in a cash isa with the Derbyshire Building Society
they are paying 6.15% to the over 55's
National Savings and Investment direct Isa is paying 6.3%
BMW Personal Finance offers guaranteed Performance Isa at 6.7% but there is no access to the cash during its term
Buy the mail on Sunday or Wed and read the money sections there are always tips that appear safe and offer growth on you cash
Enjoy your windfall I know I would Best of Luck B |
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big dave
|
property or you can buy £32000 worth of premium bonds and the rest in shares that way you can make more money.......................or you could give it to me |
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Nommo
|
go here and do some research ........
http://www.moneysavingexpert.com/?gclid=CJ3_x_by7o4CFQVbUAod_x_ULw
hope this helps. |
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mamgu.......
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x. property, the income from the properties would outway the income from interest from any bank account etc. good luck, enjoy your retirement, live life to the full. x |
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BD
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in my bank!! lol |
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Sarah X
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If you send it to me i'll look after it !lol
Seriously i'd put it in an high interest ISA. RBS have a good one. |
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misstraceyrick
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Good for you! Lucky sod ha ha ha. I've recently helped my mum with a very very large sum of money and no i didn't nick any of it nor did i put it in my account! I'm a good girl. We looked at many of the building societys in town but the best, we thought, was nationwide. Go in and talk to an advisor and tell them you want to open a mini isa, the most you can put in for any one year is £3,000, the least is £1.00. I'll let you, and only you, into a secret! The lady ( tut, shut the door, someone might be earwigging! God! ) at the nationwide, told us that next year, instead of the upper limit being £3,000 on the mini isa, its gonna be £3,800! Don't tell anyone though will ya? Ta. Next, theres an account you can open with £1.00 but the upper limit is £250.00, max interest on that one! Thats per month that one. Also, they've a telephone account, you can't go into a branch and talk about your account but you can take money out, and thats top interest on your money! Your best bet is to look around all of the building society's and pick the one that best suits you and your needs, like withdrawing money without notice etc. Good luck to you, nice to hear of someone having a bit of a touch! |
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Mikeoo17
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Based on your age and the rule of 100, 57% or £34,200 should go into a low risk investment and 43% (100-57) or £25,800 should go into high risk. Don't put it all in one place! I would personally suggest you put it all into no risk temporarily until you can educate yourself sufficiently to make your own decision or simply hire a professional to help you make that decision. |
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tora
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in your wallet spend it while you can have a hoilday go for it lifes to short! |
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Margana
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Normally i'd say an index fund. But because of your age i'd say a money market account or high interest bank account would be ok.
CD's and bonds are also worth looking into. Depending on where you live. |
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IAN B
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in my bank account, thanks :-) |
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Spot
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go to CAB they will help you. |
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David V
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Find a nice little company to invest it in something with a stable grounding of customers and an unlimited market. |
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val f1 nutter
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in my pocket |
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