Sensible investment ideas

[DiscoStu]

So, I'm just about done paying off my debts, have about 6 months worth of warchest in the bank and I'm looking to start investing about £1k a month.

Do the panel have any particular recommendations? I'm looking fairly short term (1-2 years) before I take it all out and disappear off to Oz

[ThomasSoerensen]

So, I'm just about done paying off my debts, have about 6 months worth of warchest in the bank and I'm looking to start investing about £1k a month.

Do the panel have any particular recommendations? I'm looking fairly short term (1-2 years) before I take it all out and disappear off to Oz

I can hold it for you and give you steady 15% annual return.
Regards
B.Madoff

[DimPrawn]

So, I'm just about done paying off my debts, have about 6 months worth of warchest in the bank and I'm looking to start investing about £1k a month.

Do the panel have any particular recommendations? I'm looking fairly short term (1-2 years) before I take it all out and disappear off to Oz

If you are serious, stick it in a SIPP. I say this because although in the UK you can't get the money until retirement age, if you are pissing off abroad you can elect to have your pension fund transferred (QROPS) and after 5 years, with a bit of jiggery pokery, get your hands on the whole pot tax free regardless of your age.

http://ezinearticles.com/?Unlock-You...les&id=2026628

[expat]

So, I'm just about done paying off my debts, have about 6 months worth of warchest in the bank and I'm looking to start investing about £1k a month.

Do the panel have any particular recommendations? I'm looking fairly short term (1-2 years) before I take it all out and disappear off to Oz

Guaranteed to beat cash over such a short period in this market? I await suggestions with interest.

[DiscoStu]

If you are serious, stick it in a SIPP. I say this because although in the UK you can't get the money until retirement age, if you are pissing off abroad you can elect to have your pension fund transferred (QROPS) and after 5 years, with a bit of jiggery pokery, get your hands on the whole pot tax free regardless of your age.

http://ezinearticles.com/?Unlock-You...les&id=2026628

I'm entirely serious, this definitely seems worth looking into, thanks DP

[EternalOptimist]

So, I'm just about done paying off my debts, have about 6 months worth of warchest in the bank and I'm looking to start investing about £1k a month.

Do the panel have any particular recommendations? I'm looking fairly short term (1-2 years) before I take it all out and disappear off to Oz

why not buy a patch of land in OZ while its cheap. then stick a house on it

[DimPrawn]

Why not buy a bigger house in the UK and then sell in 2 years time, and double your money?

[daviejones]

Invest in Northern Rock shares?

[Jet Setter]

If you are serious, stick it in a SIPP. I say this because although in the UK you can't get the money until retirement age, if you are pissing off abroad you can elect to have your pension fund transferred (QROPS) and after 5 years, with a bit of jiggery pokery, get your hands on the whole pot tax free regardless of your age.

http://ezinearticles.com/?Unlock-You...les&id=2026628

Just be careful with transferring money to Aussie super, the rules are pretty tight and if you want any of it before age 60 you've got buckleys. Also any earnings in Aussie super are taxed at 15% whereas they're tax free here.

Being able to take it as one lump sum tax free at retirement is a big advantage.

[Menelaus]

Invest in Northern Rock shares?

Not actually such a stupid idea: they've got (or at least should have) a near-sovereign rating.