What would you do if you had £100,000 to spend/invest
14 February 2008, 03:23 PM
#1
BANNED
Thread Starter
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?
14 February 2008, 03:28 PM
#4
Scooby Regular
iTrader: (3)
Join Date: Oct 2007
Location: www.southeastscoobies.co.uk
Posts: 2,947
Likes: 0
Received 0 Likes
on
0 Posts
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
14 February 2008, 03:28 PM
#5
Scooby Regular
Join Date: Sep 2006
Location: Worthing..
Posts: 7,575
Likes: 0
Received 0 Likes
on
0 Posts
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.
Trending Topics
14 February 2008, 03:35 PM
#8
Scooby Senior
Join Date: Mar 2003
Location: Next door to the WiFi connection
Posts: 16,293
Likes: 0
Received 0 Likes
on
0 Posts
14 February 2008, 03:52 PM
#12
Scooby Senior
Join Date: Mar 2003
Location: Next door to the WiFi connection
Posts: 16,293
Likes: 0
Received 0 Likes
on
0 Posts
14 February 2008, 04:03 PM
#15
Scooby Regular
Join Date: Nov 2005
Location: LONDON MANDEM - At Da V-Power Petty Station Fillin Up
Posts: 1,177
Likes: 0
Received 0 Likes
on
0 Posts
14 February 2008, 04:05 PM
#16
Scooby Senior
Join Date: Mar 2003
Location: Next door to the WiFi connection
Posts: 16,293
Likes: 0
Received 0 Likes
on
0 Posts
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?
The bulbs there but theres no electricity flowing is there?
14 February 2008, 04:16 PM
#17
Scooby Regular
Join Date: Nov 2005
Location: LONDON MANDEM - At Da V-Power Petty Station Fillin Up
Posts: 1,177
Likes: 0
Received 0 Likes
on
0 Posts
14 February 2008, 04:31 PM
#20
Scooby Regular
Join Date: Jun 2005
Location: Shell petrol station
Posts: 4,495
Likes: 0
Received 0 Likes
on
0 Posts
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
14 February 2008, 05:53 PM
#23
Scooby Regular
Join Date: Sep 2003
Location: Scoobynet
Posts: 5,387
Likes: 0
Received 0 Likes
on
0 Posts
- 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
14 February 2008, 06:15 PM
#25
Scooby Regular
Join Date: Sep 2007
Location: England
Posts: 2,785
Likes: 0
Received 0 Likes
on
0 Posts
cause i certainly couldnt.
14 February 2008, 07:05 PM
#28
Scooby Regular
Join Date: Mar 2000
Location: Weston Super Mare, Somerset.
Posts: 14,102
Likes: 0
Received 0 Likes
on
0 Posts
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.
Next
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.
Next
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.
14 February 2008, 07:09 PM
#29
Scooby Regular
Join Date: Jun 2005
Location: Home
Posts: 14,758
Likes: 0
Received 0 Likes
on
0 Posts
14 February 2008, 07:09 PM
#30
Scooby Regular
Join Date: Jun 2005
Location: Home
Posts: 14,758
Likes: 0
Received 0 Likes
on
0 Posts
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.
Next
Next