Investing Reserves

[Scruff]

Have a look at Scootie's posts?

Posted from my Superyacht, moored somewhere off Covidia

[ContractNewbie18]

What I don't get is if you don't expect to be around in 18 years time and currently have a SIPP with lots in it and a maxxed ISA for the years you've been an adult and plenty of cash in personal accounts, 100K in profits and a healthy outlook on employment and your own flat - WHY THE HELL ARE YOU WONDERING WHAT TO DO WITH THE CASH??

Spend it on a great life, if your statements are true, you can fund your lifestyle adequately from earnings and don't need a pension (as if you "wander off" at 50 you can't touch it anyway). If its just you why bother getting a bigger place, enjoy the flat and blow the cash on frivilous stuff



I suspect though the reality is you do expect to live longer, you hope to have a family and you are looking for someone to come up with a Nirvana investment profile for you. Hint: If any of us really knew how best to invest our surpluses we wouldn't be on a contractor forum, we'd be on our superyacht instead

Very fair.

ISA isn't maxxed, 25k in from last year.
SIPP - again pretty small considering dont have much of anything from perm pot.

Flat wise - I guess if I was set for medium term investment would go into my own property - but as an over analyser, over thinker and worrier with anxiety with fears of commitment............. there are too many variables here.. If my building goes down the pan (or I get noisy neighbours) moving becomes a very real possibility. Also if I ever meet someone again I want to settle with, being close to work is less of an issue since Covid so I'd be open to a house.

But you've got me in sum - I don't spend much on fun/ living life - covid restricts that even more - my vices are holidays, drinking, nice meals etc. I'm not materialistic.

[ContractNewbie18]

Have a look at Scootie's posts?

Posted from my Superyacht, moored somewhere off Covidia

Couldn't find any poster with 'scootie'

[Lance]

Couldn't find any poster with 'scootie'

https://www.contractoruk.com/forums/...ocurrency.html

[ContractNewbie18]

Crypto ? I invested a few hunded a few years ago which is now worth half :S

[northernladuk]

Crypto ? I invested a few hunded a few years ago which is now worth half :S

Bearing in mind it's at it's highest ever I think you are talking rubbish.

Can we do a sockie check on this one?

[Lance]

Bearing in mind it's at it's highest ever I think you are talking rubbish.

Can we do a sockie check on this one?

maybe he bought this one...
OneCoin - Wikipedia

[ContractNewbie18]

need to check the deposits - Bitcoin - i put in about 550, have about 350, I did buy something with it but thought I was still under. App is a bit crap.

[Lance]

need to check the deposits - Bitcoin - i put in about 550, have about 350, I did buy something with it but thought I was still under. App is a bit crap.

prolly lost most of your profit in BTC transaction fees

[ContractNewbie18]

gone up recently to be fair might just be the couple of things i bought with BTC