If you had a spare £50,000 what would you do with it to get the best return on your money?

Answer 1

Diversify in different investments. Everyone is different, but I would:
1. Pay off any outstanding debts (high interest ones, rather than mortgage.
2. Put full £7,000 allowance into a maxi shares ISA.
3. Buy £10,000 of premium bonds - you can't lose anything and should generate a good stream of monthly winnings with an investment of that size.
4. Put £10,000 into a high interest/rainy day fund.
5. Use any left over as either a deposit on a property, share purchases (only high value dividend paying companies, like BA, BP, etc...) or tracker fund through the post office.

Good luck.

Answer 2

It really depends on you and your personality. If you are the kind that is not that disciplined with money then paying off a mortgage is a good idea. Otherwise you make a lot more money investing it in the market. Business ventures are good but in my opinion much more risky. Invest it with someone you trust in mutual funds or something like it. If you don't need the money right now consider investments that offer tax breaks or tax deferment (pay later). You have a tidy sum there, so don't try to get rich fast if your careful you'll get rich slow.

Answer 3

Investments are a matter of risk and rewards. Investment securities are often used to put money in. Decide how much risk you want to take with your money and expect to take the risks associated with the security. Investment advisors will tell you to spread your resources out so that you don't lose all of your money in that "sure thing." Take a look at your mortgage. Your best return might be to pay off a chunk of that. You should be able to start a small company with that much money, if you have the skills and desires to manage a small business.

Answer 4

Deposit on a house - look at http://www.channel4.co.uk/homes
for a good area to invest your capital. The best idea is to invest it in an area close to home, as you will know the area and what the target market is, and how to market it towards them.

You could invest it (as a gamble) in stocks and shares. Wouldn't advice you using ALL of it in share, but a percentage of it could give a good return. Speak to your local bank, they should have investment department

Could invest it in a high interest account - once again speak to your bank, and look on the internet for a company with a good interest rate.

Or you could help me - student loan, deposit on a house.... I'll put it to good use..! ;-)

Answer 5

If I had to invest it, I would put it in a property trust fund. Much more likely to give you a decent return and far more stable than the stock market. Rents very rarely go down, so you can expect your return to increase year on year.

Answer 6

buy a property preferably in an area that is going to be regenerated or even abroad although its getting a bit more expensive to buy abroad there is still a few places where you could get a decent property for that kind of money . eastern europe is cheap but not for long get in there while you can

Answer 7

Investing in someone elses business idea/venture I think is a bad idea, investing in your business idea/dream is a safer bet because only you will love your business enough to graft non stop to make it work!
I do agree a high interest savings account is a good idea, land too.

Answer 8

Don't use it to pay off your mortgage, just think about the differential between the two interest rates ie mortgage rate and savings rates. Try doing what I would do, I'd spend half on wine,women and song the rest I would squander on frivolities.

Answer 9

log on to www.ytb.com/pharoah and click presentation and if it interest you Join. 2/4/2007 The company will have an ad during the superbowl.

Answer 10

put it in a high rate interest account that you have to give 6 months notice if you want to take it out, the interest would be massive