I'd visit my best friend to tell him about it taking a 6 pack with me.

Les

 

This. If you have no debts to pay and nothing you want to spend it on then invest it. Find a decent IFA - speak to a few and probably choose the one that spends more time talking about you rather than the money.

If its likely the 50K is one of several 50K amounts then fine, spend away. If your unlikely to see that sort of "lying about" cash again then hold on to it for grim death.

 

The last thing I would do is go see an ifa. They are fine if you need something specific like life insurance/mortgage etc otherwise they are clueless. I would never ask one where to invest money. They will sell you some doomed and flawed pension scheme or some ridiculously expensive fund. Remember, if they knew anything about investing money they would make a living from investing money rather than just selling investment products.

 

I'd put it on black