Investing lump sum wisely

[Platypus]

How would you invest a lump sum (very low risk) if you had say £30k left after,

(1) Pay off all loans and credit cards
(2) Pay off mortgage
(3) Put the maximum into a cash ISA

Then what would you do?

[LGDT]

How would you invest a lump sum (very low risk) if you had say £30k left after,

(1) Pay off all loans and credit cards
(2) Pay off mortgage
(3) Put the maximum into a cash ISA

Then what would you do?

Depends on your risk profile. I'd ignore the High St and put it in a retail bond - the Tesco Bank 2018 Bond pays 5%. We put a £25k matured endowment in that about 2 months ago. Plenty of PIBS out there paying 7%+ - Nationwide for example.

[nomadd]

Depends on your risk profile. I'd ignore the High St and put it in a retail bond - the Tesco Bank 2018 Bond pays 5%. We put a £25k matured endowment in that about 2 months ago. Plenty of PIBS out there paying 7%+ - Nationwide for example.

This^

But...

Be VERY careful. Many bonds are not straightforward fixed interest vehicles. You can end up losing both interest and capital on them. Just make sure you go for a standard fixed rate bond with a major lender (and all of these by supermarkets, the AA, etc. are backed by a major lender) and you'll be fine. Some bonds will also let you make penalty free withdrawals during the term; check the small print.

Good place to start: Find & Compare Fixed Rate Bonds | moneysupermarket.com

[EternalOptimist]

How would you invest a lump sum (very low risk) if you had say £30k left after,

(1) Pay off all loans and credit cards
(2) Pay off mortgage
(3) Put the maximum into a cash ISA

Then what would you do?

stumped me as well this one.
I hate the idea of speculating


Solved it this year by getting a 10k new car and spending 6k on holidays. Cant keep doing that though. so if you get an answer, let me know

[northernladuk]

Have a punt on the premium bonds. 1 in 24k chance of winning so should get something every month in theory. Max investment happens to be 30k. All tax free. Average return is 1.5% but you never know...........

[MarillionFan]

Cash Isa for me and missus as part of my pension fund.
Next 10k on a bond at 5%
Last 10k on 5 divvy paying shares. Standard life, Vodafone, united utilities etc

[BlasterBates]

I invested in some Greek shares recently...the 10% dividends have now been paid out.

"He who dares"

[Platypus]

"He who dares"

My question is specifically about low risk stuff, keeping the capital safe. But thanks.

[nomadd]

...a 10k new car

Are Lada still in production?

[MarillionFan]

My question is specifically about low risk stuff, keeping the capital safe. But thanks.

Zopa