For you OP, replace some farm equipment that is on its last legs that you are always repairing. Hire some help to look after your farm while you take a extended holiday, invest some, possibly add some to your pension pot..... |
Reply privately, Reply in forum +quote
or View forums list | |
once youve spent the money its gone , so i'd try and buy an apartment abroad near the beach and rent it out for 100 pounds a day, 365 days in a year , roughly speaking.
this way your , making an income and one day can sell it and get ya 57k back |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *lueLotusWoman 33 weeks ago
the wilderness |
"At your age op I would have invested it.
At my age now I'd put it in a high interest acct with no penalties for withdrawing money and take a darn good holiday every year for the next ten years."
That or prize bonds, no high interest accounts over here |
Reply privately, Reply in forum +quote
or View forums list | |
"At your age op I would have invested it.
At my age now I'd put it in a high interest acct with no penalties for withdrawing money and take a darn good holiday every year for the next ten years.
That or prize bonds, no high interest accounts over here "
Very few high interest accounts anywhere that allow you to withdraw money without penalty. |
Reply privately, Reply in forum +quote
or View forums list | |
"Investment double or triple the amount
Yeah but that'd be years unless you took on a high risk level
I've got the brains you've got the looks let's make lots of money "
There are actually a few companies about to publish Q1 results that could be worth a punt. Even if the share price shifts just $.20 with all this AI nonsense going on there’s lots of winners and losers And the losers are typically the dumb people like boards that should have retired. And the U.K.’s government the course, Currently wasting £3.5 million on pretend AI |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *TG3Man 33 weeks ago
Dorchester |
"£10,000 to pay off debts and create a rainy day fund.
£5,000 for a holiday somewhere hot and spends.
£20,000 in my daughter's account.
Hire an accountant to stop me wasting the last of the money " lol hey bella money is for spending, spend it |
Reply privately, Reply in forum +quote
or View forums list | |
"£10,000 to pay off debts and create a rainy day fund.
£5,000 for a holiday somewhere hot and spends.
£20,000 in my daughter's account.
Hire an accountant to stop me wasting the last of the money lol hey bella money is for spending, spend it "
I've done too much of that already, hence the debt |
Reply privately, Reply in forum +quote
or View forums list | |
|
By *TG3Man 33 weeks ago
Dorchester |
"£10,000 to pay off debts and create a rainy day fund.
£5,000 for a holiday somewhere hot and spends.
£20,000 in my daughter's account.
Hire an accountant to stop me wasting the last of the money lol hey bella money is for spending, spend it
I've done too much of that already, hence the debt " well i didn't say spend more than you've got |
Reply privately, Reply in forum +quote
or View forums list | |
"I'd sink 50k into premium bonds
Out of interest, why would you do that?
Lots of people still use them. I’ve never understood why "
We keep a 3 month emergency fund in one, but wouldn’t put anymore in.
If it returns zero, we’re OK with that, if it returns the average advertised prize fund of 4.4% we’d be happy. Anything more and we’d be amazed!
I guess it pulls on the physiological strings of the lottery, you gotta be in it to win it. You can loose, but only against inflation
|
Reply privately, Reply in forum +quote
or View forums list | |
|
By (user no longer on site) 33 weeks ago
|
"I'd sink 50k into premium bonds
Out of interest, why would you do that? "
I don't have a mortgage, or any debt... So it doesn't need to work hard and it can be realised at any moment if i did need it - uber safe way of playing the lottery i guess
I'm not interested in being a landlord and what's the point in it just sitting in the bank?
I wouldn't spend it for the sake of spending it |
Reply privately, Reply in forum +quote
or View forums list | |
"I'd sink 50k into premium bonds
Out of interest, why would you do that?
I don't have a mortgage, or any debt... So it doesn't need to work hard and it can be realised at any moment if i did need it - uber safe way of playing the lottery i guess
I'm not interested in being a landlord and what's the point in it just sitting in the bank?
I wouldn't spend it for the sake of spending it "
I’m a big supporter of the premium bond ever since I was old enough to appreciate my parents getting all the guests to give a premium bond as a christening present for me.
I’ve added to them every month since and find it an exciting way to save money. |
Reply privately, Reply in forum +quote
or View forums list | |
» Add a new message to this topic