Viewing 40 posts - 1 through 40 (of 68 total)
  • 30K to invest, what would you do with it?
  • esselgruntfuttock
    Free Member

    Bearing in mind ‘coke & hookers’ isn’t an investment & the 1st person to mention it gets the ‘Mr Predictable of the Year Award’ You also get a Mr Predictable award if you say ‘give it to me, I’ll look after it’ (etc etc etc)
    Anyway, we’ve got 30K doing very little in the way of making more so what’s a good choice? (can tie it up for a year or so if necessary)

    Robz
    Free Member

    Use as deposit to buy a flat/house in a nice town with good demand and rent it out.

    porter_jamie
    Full Member

    buy a buy to let

    bantasanta
    Free Member

    Channel it into a fund if not familiar with managing your own portfolio. If you fancy sending it into a small FTSE portfolio, BantaSanta’s financial forecast would recommend: Diageo, BHP, BP, Rio Tinto and Imperial Tobacco all in equal value.

    mikewsmith
    Free Member

    Coke Hookers and a Go Pro and enter the special interest video market 😉

    can tie it up for a year or so if necessary)

    Thats probably ruling out property then.

    bikebouy
    Free Member

    HSBC offshore account

    King-ocelot
    Free Member

    Buy to let could be a faff if your only looking to tie it up for a few years. Still the best way to go though IME long term.

    brooess
    Free Member

    I hope the BTL recommendations are joking 🙁

    mikewsmith
    Free Member

    Yep hope they are, the amount you will lose in Stamp Duty, Fee’s and the rest in 2 years then gamble on the price rise means a savings account could turn out better.

    McHamish
    Free Member

    Buy a plot of woodland…learn how to develop* it…and get free wood for your wood burner.

    *by develop it, I mean as a plot of woodland rather than create a car park.

    esselgruntfuttock
    Free Member

    Renty houses are out, already got 2.

    Bantasanta may be talking sense, the money came from an uncle who had over £1.3 million in shares, lots of which were with Diageo (& others, obviously)
    I only know cos I he used to show me his reports from Brewin Dolphin.

    Can you tell I’m crap with money, I even bought an Orange 5!

    Robz
    Free Member

    brooess – Member
    I hope the BTL recommendations are joking
    POSTED 16 MINUTES AGO # REPORT-POST

    Not where I live.

    mikewsmith
    Free Member

    you could try the personal finance industry

    oldnpastit
    Full Member

    As much as you can into an ISA.

    Diageo, BHP, BP, Rio Tinto and Imperial Tobacco all in equal value.

    You’ll need to be OK with getting money from people addicted to a drug that will leave them gasping for breath and will ultimately kill them.

    mikewsmith
    Free Member

    Yep and BHP/Rio are very dependant on China and world commodity markets. They don’t seem to be getting talked up down here in Oz as much.

    oldnpastit
    Full Member

    Watch out for charges on things like unit trusts.

    bantasanta
    Free Member

    BHP/Rio are very dependant on China and world commodity markets.

    Yep, as by their nature. If I was advocating either share I would probably argue that BHP is protected from fluctuating mineral commodity markets partially by their assets in oil & gas and Rio, while dependant on China (is that a particularly bad thing in today’s market?), is a share which – with skilful management – can be exploited to make fast cash due to the impact fluctuating currencies have on Rio’s earnings. xx

    Earl
    Free Member

    Channel it into a fund if not familiar with managing your own portfolio. If you fancy sending it into a small FTSE portfolio, BantaSanta’s financial forecast would recommend: Diageo, BHP, BP, Rio Tinto and Imperial Tobacco all in equal value.

    Even when the footsie is at a all time high?

    Trekster
    Full Member

    Robz – Member
    Use as deposit to buy a flat/house in a nice town with good demand and rent it out.

    Work colleague has 3 properties currently empty, cash flow is a wee bit of a worry atm!!

    bantasanta
    Free Member

    Even when the footsie is at a all time high?

    It isn’t. Currently 6940.640, 52 week high of 6949.730. And yes, although the market is pretty buoyant right now, that’s no reason to hold back from moving capital into potential growth areas within the FTSE.

    tillydog
    Free Member

    Buy a boat*

    [*] I have one for sale.

    boxelder
    Full Member

    Funding Circle? ‘Little and often’

    esselgruntfuttock
    Free Member

    Buy a boat*

    Got one of those as well.

    Ok so it’s an open canoe, so what! 8)

    Sancho
    Free Member

    RBS shares
    and or Lloyds

    rene59
    Free Member

    Easy, put 15k on red and 15k on black.

    wysiwyg
    Free Member

    Buy a nice convertible sports car, sit on it for two months and stick a few grand on the price

    andyl
    Free Member

    Fund my patent if you like.

    JoeG
    Free Member

    Open a savings account in a Greek bank! 😉

    Matt24k
    Free Member

    Lloyds Banking Group Shares are only going to rise over the next 5 years.
    Gold peaked at over $1800 not long ago and is currently trading around $1200. In fact in the first four weeks of 2015 god went from $1201 to $1271 before falling back again.
    As with all shares and commodities do not treat them as a deposit account. They need managing and you need to get in and out at the right time. If you are not able to manage your investments start looking at ISA’s.
    30k will get you no where in buy to let, you need far more capital than that to ride the peaks and troughs of letting. Those property porn TV shows are very misleading with their “yield” figures as they always leave out the myriad of expenses that Landlords incur.

    lodious
    Free Member

    By Oil as a commodity.

    shifter
    Free Member

    Premium bonds. You may win nothing, you may win a lot. Inflation is low so you won’t lose a lot.
    I maxed it a few years ago and won… 200 quid 🙁

    TheFlyingOx
    Full Member

    Honda NSX, old style. When the new one comes out they’ll be a bona fide classic. It’s likely we’ll see the older ones hitting £40k+ sometime soon.

    jekkyl
    Full Member

    Invest it with the HSBC in Monaco and Switzerland.

    jonba
    Free Member

    Pay off debt.Passive managed equity Isa. Some more in an is a next tax year ( a few months away). Keep some in cash, a few thousand as liquid funds. Try a p2p lender like zopa. If you are a higher rate tax payer then consider putting some in your pension. If you have kids set up a junior is a for them.

    Cletus
    Free Member

    I have just started dabbling with Zopa which is a peer to peer lending setup. I would not stick the whole 30k in there though.

    Maybe max ISAs, 10k in Premium Bonds and the rest in something like zopa?

    caspian
    Free Member

    Not sure the world really needs any more buy to let landlords.

    Stick it in two bestinvest ISAs, assuming you’re married and trust your wife (apologies as have not read whole thread).

    thecaptain
    Free Member

    Serious answer? Buy 6 lots of 5k in different shares. Choose companies that you have some sort of interest in or knowledge, not that you are going to always pick winners but it keeps you interested. Next time you have a spare 5k (if ever) do another one, etc. You can deal cheaply via various on-line brokers, I use first direct cos we already bank with them.

    Or go with a tracker and pay 1% per year for someone else to do slightly worse than average with your money…

    Dobbo
    Full Member

    By Oil as a commodity.

    This. Buy a WTI ETF (US oil tracker) or bent crude (North sea oil tracker), the price is only going to go up from these levels medium\long term.

    You could even trade it, WTI went up over 3% yesterday, sell at highs then buy back. Easier to just buy and check at weekly intervals.

    Could buy Shell shares (RDSB) they are low at the moment due to low oil price and US strike, the strike talks are resuming tomorrow so price could start to rise. Good cash flows and paying divis (at the moment).

Viewing 40 posts - 1 through 40 (of 68 total)

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