Advice, GD?

stockhausen · 10 Oct 2011 at 13:51

Von Smallhausen said:
... Seriously though, why not speak to a financial advisor ?

Better yet, just stick the lot of it into an envelope and GIVE it to a Financial Adviser, the chances are that if he gets half a chance, he will end up with it anyhow

DRZ · 10 Oct 2011 at 14:14

I'd find the best ISA and put it in that. Keep adding to it up to the maximum per year and when you're in your mid-20s you'll be in a position to buy a house

platypus · 10 Oct 2011 at 14:15

DRZ said:
I'd find the best ISA and put it in that. Keep adding to it up to the maximum per year and when you're in your mid-20s you'll be in a position to buy a house

?!?!?!?

Cosimo · 10 Oct 2011 at 14:16

Keep it and invest in another bond.

TommyV · 10 Oct 2011 at 14:18

Buy a gun and shoot everyone in the face

Burnsy2023 · 10 Oct 2011 at 14:34

With only 2.5% interest it'll still be losing value for the next year at least. Can you see if you can find a better rate?

King Damager · 10 Oct 2011 at 15:17

Put it towards Uni?

Or get it in an ISA

kd

Liquidfox · 10 Oct 2011 at 15:26

Depends what you need. At 17 I needed a car for my job, so that's what my trust fund went towards

PermaBanned · 10 Oct 2011 at 17:53

TommyV said:
Buy a gun and shoot everyone in the face

...

tempting

Tefal · 10 Oct 2011 at 17:54

capitalist scum! :mad:

Cosimo · 10 Oct 2011 at 17:59

Tefal said:
capitalist scum!

What is there to be mad about. Don’t you believe in having savings?

LeJosh · 10 Oct 2011 at 18:04

Give me £60 as I need to pay my internet bill... >_>

semi-pro waster · 10 Oct 2011 at 18:22

platypus said:
?!?!?!?

Assuming that ISA allowances continue to be around £5k (or slightly above as it's more likely to increase slightly) then if PermaBanned has another 7 or so years to go until mid 20s he could have saved up getting on for £40k which is still a pretty decent deposit for a house. However if he and money don't really get on then it's unlikely to happen that way so it might not be an option he wants to pursue.

simulatorman said:
What is there to be mad about. Don’t you believe in having savings?

I'd suspect a joke because PermaBanned is a vocal socialist (vocialist?) rather than Tefal having any inherent disbelief in the prudency of having savings.

sigma · 10 Oct 2011 at 19:03

Drugs and ladies of the night.

J-FRO · 10 Oct 2011 at 19:27

Spend it all on smarties. Now that's a game plan.

Von Smallhausen · 10 Oct 2011 at 22:05

stockhausen said:
Better yet, just stick the lot of it into an envelope and GIVE it to a Financial Adviser, the chances are that if he gets half a chance, he will end up with it anyhow

That's why I like you stocks ..... No sarcasm.

wkingsnorth · 10 Oct 2011 at 22:20

Save it for a rainy day (tomorrow probably)
Seriously though, save it.

Rameses · 10 Oct 2011 at 23:34

All on RED.

Dunks · 11 Oct 2011 at 00:31

Give it to charity like the commie you are. Or are you gonna indulge in a bit more capitalism?

Advice, GD?

Capodecina