Where would you invest £140,000 - Serious question

domski · 19-Nov-2005, 12:50

Mum just sold her house and is gunna move in with me and Dan (my brother). We're just gunna rent a place for 12 months or so.

Mummy wants to know what is the best thing to do with her money for 12 months?

About £130,000-£150,000 ish.

So, come on you financial peeps - knock me out with your wisdom

Thanks

Dom

p.s. I've already bagged £1500 off her for DD

ericthered40 · 19-Nov-2005, 13:05

Three fifteen Kemton park

Rattler · 19-Nov-2005, 13:09

It all depends on risk profile!!

The funds can be put into various pots and financial vehicles that range from low risk (building society rates) to high risk more volatile investment vehicles (far-East stock?)

Perhaps seeking a buiding society that offers a 12 month plan, that requires a high level of balance (£100K+), probably a non-withdrawal one would get decent(ish) returns with no risk.

I'd suggest engaging the services of a independant financial advisor,(I know of one in the West Country if it helps) they may not charge any money to you for their services, as they make their money from the companies that the money gets invested in.

Tim

beek · 19-Nov-2005, 13:40

Premium bonds work for us.
as well as getting your money back anytime you stand a good chance of winning .
over the last 3 year we have invested £4000
we have won 700
better interest than the banks.

i think you can only buy a certain amount but this is what i would do.

Spen · 19-Nov-2005, 14:57

Sponsor a classic race team..................

philthy · 19-Nov-2005, 16:16

Buy 30.... 888's

Far more fun

Paul James · 19-Nov-2005, 16:58

On a serious note I'd be interested to hear if you can find a scheme that brings useful rewards, investment is at a real low at the moment but I suppose at least the mortgage rate is reasonable. How about buying another property and renting it out ? Just a thought.

mikesps · 19-Nov-2005, 17:29

Take a look here. http://www.fool.com/

A lot of sound investment advice with discussion forums. Cuts through the BS you often get from a financial advisor.

butch890 · 19-Nov-2005, 18:19

Dom,IMG Direct have a straight instant acsess savings account paying 4.75%,halifax have one at 5% if you want hassel free savings,but as Tim says your best speaking to an indipendent financial advisor.
Butch

Scooter916 · 19-Nov-2005, 18:50

Dom U2U
glyn

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19-Nov-2005, 13:05	#2
ericthered40 Registered Forum User Big Twin Posts: 1,698 Join Date: Jan 2005 Location: N F A Mood: renegade sexy racer Three fifteen Kemton park Reply

19-Nov-2005, 13:40	#4
beek Registered Forum User Mille Posts: 105 Join Date: Nov 2005 Location: dorset Premium bonds work for us. as well as getting your money back anytime you stand a good chance of winning . over the last 3 year we have invested £4000 we have won 700 better interest than the banks. i think you can only buy a certain amount but this is what i would do. Reply

19-Nov-2005, 14:57	#5
Spen Registered Forum User 500SD Posts: 607 Join Date: Oct 2004 Location: Rhodesia. Mood: Buoyant. Sponsor a classic race team.................. Reply

19-Nov-2005, 16:16	#6
philthy Registered Forum User Big Twin Posts: 1,028 Join Date: Jun 2005 Location: Wirral Mood: Can't make me mind up Buy 30.... 888's Far more fun Reply

19-Nov-2005, 16:58	#7
Paul James Founder Member Ducati Meccanica Posts: 2,994 Join Date: May 2001 Location: Northants On a serious note I'd be interested to hear if you can find a scheme that brings useful rewards, investment is at a real low at the moment but I suppose at least the mortgage rate is reasonable. How about buying another property and renting it out ? Just a thought. Reply

19-Nov-2005, 17:29	#8
mikesps Registered Forum User Mille Posts: 235 Join Date: Jan 2005 Location: Kuala Lumpur Take a look here. http://www.fool.com/ A lot of sound investment advice with discussion forums. Cuts through the BS you often get from a financial advisor. Reply

19-Nov-2005, 18:19	#9
butch890 Registered Forum User Big Twin Posts: 1,602 Join Date: Jun 2003 Location: kettering Mood: Enjoying Togdom ! Dom,IMG Direct have a straight instant acsess savings account paying 4.75%,halifax have one at 5% if you want hassel free savings,but as Tim says your best speaking to an indipendent financial advisor. Butch Reply

19-Nov-2005, 18:50	#10
Scooter916 Registered Forum User Big Twin Posts: 1,291 Join Date: Feb 2005 Location: Cleethorpes Mood: Hmmm Conference season Dom U2U glyn Reply