What would you do with £8000
18 October 2006, 11:14 AM
#1
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What would you do with £8000
I have £8000. For the moment I have everything I need, and thus this cash is floating around. I really want to invest it or similar. Other than savings accounts or premium bonds, what would you do with the cash short term [or long term depending on the rewards?].
Any advice or guidance appreciated.
Any advice or guidance appreciated.
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18 October 2006, 11:41 AM
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hit the casino and as wesley snipes said 'always bet on black'
i hit the red three times in a row with 500 a go and walked out potless
Lord Shrek....if you want to wait 10 years for your ISA to make you 50 pound profit go ahead andym3 branson
i hit the red three times in a row with 500 a go and walked out potless
Lord Shrek....if you want to wait 10 years for your ISA to make you 50 pound profit go ahead andym3 branson
18 October 2006, 12:02 PM
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I no longer have the M3. But the 850 T5 I run is a little worse on fuel 
I don't really need to worry about the mortgage
Best idea thus far seems the casino 
I don't really need to worry about the mortgage
Best idea thus far seems the casino
18 October 2006, 12:38 PM
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Bought a lock up garage about 5 years ago for less than you can put in an ISA, returns 20% pa tax free (to my son), and has therefore has paid for itself. It's increased in value & holds a small potential for a windfall if the block gets demolished & a planning app goes in.
And if I can't let it, I'll use it to stash another toy
D
And if I can't let it, I'll use it to stash another toy
D
18 October 2006, 12:48 PM
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Originally Posted by MJW
I can't believe no one has made the ubiquitous 'cocaine and hookers' comment yet !
18 October 2006, 12:52 PM
#22
Keep it for when you may need it.
I have done this, been flush, bought daft stuff and then regretted it later when I was skint, its amazing how a grands worth of hifi speakers seems like a good idea when you are wedged but complete folly when you aren't, plus like most stuff bought just cos you have the money its worth **** all when you come to sell it because you are skint.
I would say treat yourself to a grands worth of random stuff you fancy, perhaps a holiday if you want to spend a bit moreand that will satisfy the burning a hole in your pocket sensation, put the rest away in a 3 month account with decent interest.
Ever thought of making a charitable donation if you have spare money hanging around ? rather than blowing it of stuff you dont need.
Do you have, or plan to have kids, if so, put it away for them, first car, education, house deposit etc
I have done this, been flush, bought daft stuff and then regretted it later when I was skint, its amazing how a grands worth of hifi speakers seems like a good idea when you are wedged but complete folly when you aren't, plus like most stuff bought just cos you have the money its worth **** all when you come to sell it because you are skint.
I would say treat yourself to a grands worth of random stuff you fancy, perhaps a holiday if you want to spend a bit moreand that will satisfy the burning a hole in your pocket sensation, put the rest away in a 3 month account with decent interest.
Ever thought of making a charitable donation if you have spare money hanging around ? rather than blowing it of stuff you dont need.
Do you have, or plan to have kids, if so, put it away for them, first car, education, house deposit etc
18 October 2006, 12:53 PM
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Originally Posted by J4CKO
Ever thought of making a charitable donation if you have spare money hanging around ? rather than blowing it of stuff you dont need.
18 October 2006, 01:16 PM
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Originally Posted by davegtt
**** it up the wall?
drugs alcohol and sex and more drugs alcohol and sex
youll remember your month of depravity when your older in your wheel chair in your old peoples home p1ssing and sh1tting into a bag with fonder memories than doing the 'invest in a shrewd ISA' path which will be of *** all use to you when the nurse is wiping the pebble dash from your stinking backside
Lord Shrek......no pension or saving plans but i have got a strong right hand
