If you were given £50k today, what would you invest it in?

If you were given £50k today, what would you invest it in?

ps I have not be given £50k today :-)

Reply to
dave
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ERNIE

Reply to
Ten Pin Bowling

The first £500 should go on the mattress.

Reply to
Norman Wells

Get out of sterling and into something more solid like Zimbabwean dollars.

Toom

Reply to
Toom Tabard

I'd spend it on finishing my house.

Reply to
Mark

:-) Even gold is "not an option" as cost is up up up...

Reply to
dave

Well if things carry on like this I'll be able to buy a house for £50k soon.

Reply to
dave

You can now - one went locally at auction for rather less than that. OK, it did need work doing to it, but the local builder I talked to said that he simply couldn't raise the dosh to buy properties to do up and sell, at the moment - he was only doing small jobs with no cash flow implications.

Reply to
Palindrome

In message , dave writes

I know. I bought mine for £1875.

Seriously, my mate George is having to sell his bungalow to move into a secure/ sheltered apartment close to his son.

He told me yesterday that he has offered £85,000 for one of the apartments, which were selling at around £120,000 when I looked about 12 months ago.

Reply to
Gordon H

Yes amazing isn't it, Feel sorry for the people stuck the the neg. equity trap. "For Rent" signs popping up all over the place. I bet soon it'll be a problem getting tenants! Buy to rent is certainly making a comback - but many of the cheaper apartment/flats don't have much time left on the leashold (30 years) - make's it very difficult to sell later. So not a good investment(?) even though the price, now, may be "right".

Reply to
dave

I would give it to Jade Goody

Reply to
BOFH

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