Ok I have recently been through some nasty stuff with my landlord and am due about £15,000 (About $30,000) and I dunno how to spend it. Any -original- ideas?
2007-01-11 06:00:07 · 7 answers · asked by dave w 2 in Business & Finance ➔ Personal Finance
Well now most of these answers are quite unspectacular. I have no debt, all that money does not go far on a new house in England and investing it won't get the returns I desire. Now Vegas I could use that. But I reckon I am stuck with two choices Premium bonds or a hitman
2007-01-11 21:00:15 · update #1
Invest... why not spend it on something that will make you more money ! ? !!!
Put 75% of it in a mutual fund. Then half of the remaining 25% put in a bank savings account for emergencies and the other half in the stock market on a good stock that you did your homework on.
Just can't figure out why most people want to blow money after some hard times. You'd think they would feel they deserve more than just buying more crap. I rather have something that makes me even more.
Good Luck in what ever you choose.
2007-01-11 06:47:08 · answer #1 · answered by Kitty 6 · 1⤊ 0⤋
How about using it for a downpayment on a house and saying goodbye to those landlords?
Paying off debts is never a bad thing to do.
Take your parents on a vacation (make them ride in the back seat and yell at them everytime they ask to make a pitstop).
2007-01-11 14:35:48 · answer #2 · answered by derek 4 · 0⤊ 0⤋
isnt it obvious- go to las vegas with $5000 and put the rest towards debt or as a down payment on a cheap home
2007-01-11 15:51:18 · answer #3 · answered by Anonymous · 0⤊ 0⤋
invest about 5k, pay off any debt that you can. Try to put the rest as a down payment on a home.
2007-01-11 16:01:05 · answer #4 · answered by nick w 2 · 0⤊ 0⤋
Sounds like you've been through a lot of stress. I'd recommend acquiring a good drug habit. You should be able to burn through that cash in a matter of weeks!
2007-01-11 14:40:05 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Invest it in a good low cost mutual fund.
2007-01-11 14:03:54 · answer #6 · answered by jbowler 3 · 1⤊ 0⤋
buy a (very) cheap 'n' cheerful flat then rent it out and be a better landlord than the one you have :-)
2007-01-11 14:08:33 · answer #7 · answered by DonnaDoop 4 · 0⤊ 0⤋