ISA filled
- Thread starter BenBhoy
- Start date
If it was me, funds. Could appreciate a bit in a month. Even if you pay tax on the appreciation, you're still up if you pick well. With world situation as it is, something like a gold tracker fund may be ok. If not just a standard S+P 500 type thing or one invested in natural resources would be my go to but I'm not a financial adviser. Not guaranteed though and waiting for four weeks won't lose you anything beyond inflation. Start of last week was the time to buy though.
Other one if you happen to have the money spare and not needed is to think about ISAs for any young children you have because I believe you can invest in them. In stocks and shares ISA for a few years compounding they'll likely thank you for it.
A few weeks back, premium bonds might have been worth it- money needs to be in for at least a month before you can be in the prize draw but with that much money you'd be statistically likely to win something.
Congratulations BTW. Glad you're able to do that, although hope you haven't lost a loved one to end up in that situation.
probably money market funds ....e.g.ticker CSH2
It's similar im characteristics to a savings account and will produce about 4% p.a.- i.e. not.much until April 6
Usually? I would agree with above and say funds, but the current war has made equity and bind funds riskier than usual.
or Trading 212give it to charity i didnt think you socialists were bothered about money 
Have a look at Money Saving Expert - instant access understandable information about options without the confusion of sales blurb.
Spend it.
K
K
How long are you considering investing the funds for?
If you have a pension then that's still a very tax-efficient way to save for the future.
However if you only want to invest the funds for a year or two, perhaps consider some of the fixed term or limited-notice savings accounts, which are currently paying out somewhere between 4% and 4.5%. Have a look at moneysavirngexpert.com for the best deals.
Premium bonds have become less attractive - and are becoming even less so as they reduce the prize-fund rate from April onwards.
Of course in the current political climate, with the animosity towards anything that even carries a hint of "wealth", you may prefer to simply splash it all on something that brings you pleasure - whether that's a family holiday, a new scope, or a sports car!
BenBhoy
Well-Known Member
Fear not, as of end of last week 4 charities have gratefully received.give it to charity i didnt think you socialists were bothered about money
Absolutely this ^^^
There's no point just sitting on money. Might as well enjoy it while you've got it.
I've seen so many people scrimp and save "for a rainy day", or for retirement, only to be dead before then.
Worry about the rainy day when (if) it happens, and in the meantime enjoy yourself.
kenbro
Well-Known Member
Did George Best say that?
KB.
BenBhoy
Well-Known Member
Sinistral
Well-Known Member
Definitely plagiarism.
A quote by W.C. Fields
I spent half my money on gambling, alcohol and wild women. The other half I wasted.
www.goodreads.com
Always been a hand-to-mouth kind of chap myself. I think I thrive on the uncertainty. Got a roof over my head and I can always kill something if I get hungry. All the rest is extras.
Martiniblack577
Well-Known Member
Buy section 58’s.
Stocks and shares ISA weight it 50% to S+P500 / Magic 7 (microsoft, nvidua, Google, Apple etc) and 50% to defence firms like Rheinmatal, Dassault and so on. The world is as it is, you may as well do well from it
