Got 10K to Invest, so what are the options?

beed84

A one way ticket out of the country. Seriously.

Kilgore

5000 scratch cards.

FastEddie

Stick a couple of grand in a SIPP, Vanguard low cost trackers funds. Leave to simmer and enjoy at 55. 

The rest I'd go; 50% into income producing stocks and 50% into Vanguard trackers covering the USA, Europe, China.

The pension will give you tax relief and a gentle boost at retirement. 

mgaw

gold..... times are going to get more troubled soonish so always a good option

roberty

Just sold some shares in my ISA - it's dicey at the minute. I'd say a vintage guitar is a safer bet right now

octatonic

I'm starting to look at genetic sequencing/genome stocks.

Illumina, Myriad, Genomic Health, Agilent Tech, Sarepta and Spark are the ones I'm mostly interested in.

DrCornelius

Lodious said:

I'd put it in cash savings and wait for the stock market to crash, then put it half and half into FTSE100/250 trackers. 

I’d be tempted with this too, I’ve been waiting for the next crash (sub 6000) in the FTSE for a couple of years but it’s being stubbornly propped up, you’ll no doubt get a relief rally when the Brexit deal is finalised no matter how disadvantages it is for us and at that point I’d be tempted to even short sell while reality kicks in.

All IMHO of course !

RandallFlagg

Give it to Noel Edmonds, he knows some guys at HBOS that will invest it carefully for you. (alledgedly)

Neil

Depends on your investment span but for five to ten years, equity ISA with some decent fund managers rather than trackers.

Dontgiveupyourdayjob

My first response to this post was - you've got £10k to invest, but it's not yours. Which suggests someone else has given it to you to invest, for which you're seeking advice on a guitar forum so..... Who the hell is crazy enough to be trusting a £10k cash investemen to the hands of someone who needs to seek the advice of us motley crew?! 

lovestrat74

Both gold and the ftse (once it drops obviously) sound like good options. Although gold too has remained consistently high in the last few years..

Fuck it what guitar would make the best investment    

lovestrat74

Dontgiveupyourdayjob said:

My first response to this post was - you've got £10k to invest, but it's not yours. Which suggests someone else has given it to you to invest, for which you're seeking advice on a guitar forum so..... Who the hell is crazy enough to be trusting a £10k cash investemen to the hands of someone who needs to seek the advice of us motley crew?! 

CRAZY EH!! 

axisus

I had a spare £10k so I stuck it into premium bonds. I like the thought that any month 'could' net me £1 million (!) although I acknowledge that it is unlikely. First year I won £200, last year £100. I wouldn't know if that was a decent return but I'm happy with the fact that I might win something big, even if it's a very small chance. 

lovestrat74

axisus said:

I had a spare £10k so I stuck it into premium bonds. I like the thought that any month 'could' net me £1 million (!) although I acknowledge that it is unlikely. First year I won £200, last year £100. I wouldn't know if that was a decent return but I'm happy with the fact that I might win something big, even if it's a very small chance. 

Yeah I think this option is a no-brainer in current times, much better than the return you get from a savings account, plus - like you say - a chance to win big!

DefaultM

Use it for matched betting. You'll have doubled it in 6 months if you put the time in.

57Deluxe

Premium Bonds - I got a 4.7% return on mine last year but usually I get the oblig 1.2% - but is fun waiting for those little envelopes to fall through the letterbox each month!

JAYJO

Go on Dragons Den and ask for £200,0000 for a 10% share of your new £10,000 investment buisness investing in Ham Fisted wanna be musos  from the fretboard..
Tell them you will be spending it all on Plecs , Bottom E strings and Ear Defenders..

spark240

Im just having a dabble with this at the moment...

https://www.ratesetter.com/invest

My stocks and shares are very fragile, my Investment ISA with Old Mutual Wealth is doing quite well, my premium bond £2k has done zero.

I have an interest in property rental, houses are easy to rent out but hard to sell for the right price at the moment.

Read into all of that what you will

PolarityMan

I have savings that Im tempted to use to acquire a rental property but Im worried the market is unstable right now

spark240

PolarityMan said:

I have savings that Im tempted to use to acquire a rental property but Im worried the market is unstable right now

It is....If you have a cash sum to purchase pretty much outright, its a good return on say £100k - £150k, ..if you are considering some type of BTL mortgage and its not via a Ltd company I wouldnt bother.