what would you do with £100,000?

[TW]Fox · 26 Feb 2011 at 14:31

cm1179 said:
£100k will open a lot of doors

It's £100k not £1m. It isn't a huge amount of money. It's considerably less than the value of, say, the average house in this country.

a hostel is providing a service to tourism and providing local employment

So what?

Lets look at the Investment visa, shall we?

This visa is for people who have a successful business or investment career, and have a genuine and realistic commitment to be involved in investing or business in Australia.

Oh, so not people with 100k wanting to start yet another youth hostel

Ok so what about about a Business Development visa? Probably more suitable.

For people who have a successful business career, and have a genuine and realistic commitment to be involved as an owner in a new or existing business in Australia.

Whoops, failed again.

This just isn't the right amount of money to be life changing unfortunately. All it can really do is get you a nice car and help you buy a house (It wont even buy a house, it'll simply form a really nice deposit for one) or perhaps start a business within the UK.

semi-pro waster · 26 Feb 2011 at 14:32

AGD said:
Male escorts weren't that expensive last time I checked.

I'm happy you feel relaxed enough on OcUK to share that you've been investigating the prices of male escorts. We're quite an open minded bunch I hope but some things possibly don't need shared...

godinman · 26 Feb 2011 at 14:34

I'd use it as a house deposit, allowing me to pay of the mortgage much earlier, making me much better off each month once it's payed off.

Viper² · 26 Feb 2011 at 14:42

Give it to charity.

DM · 26 Feb 2011 at 14:53

4 deposits for buy to let property.

Hatter The Mad · 26 Feb 2011 at 14:55

DiamondMark said:
4 deposits for buy to let property.

The same, or maybe one deposit, one E92 M3 and a holiday.

coltpython3 · 26 Feb 2011 at 14:56

buy myself a nice car ( maybe a jeep ) and go travel to every single country in the world

DM · 26 Feb 2011 at 14:57

Hatter The Mad said:
The same, or maybe one deposit, one E92 M3 and a holiday.

Sod the cars they come and go, bang a few quid into buy to let and reap the rewards in 20 years.

Hatter The Mad · 26 Feb 2011 at 14:57

DiamondMark said:
Sod the cars they come and go, bang a few quid into buy to let and reap the rewards in 20 years.

I might be dead in 19, and I have some investments

Carpe Etc!

DM · 26 Feb 2011 at 14:58

Hatter The Mad said:
I might be dead in 19

Carpe Etc!

Then your kids cop for it, either way its money in the right direction

100k these days is not a life changing amount, but it aint a bad building block on the way to a few quid.

[TW]Fox · 26 Feb 2011 at 15:02

coltpython3 said:
bye

Bye!

DM · 26 Feb 2011 at 15:03

[TW]Fox;18552621 said:
Bye!

You still making friends and influencing people

shifty_uk · 26 Feb 2011 at 15:05

Spend it on a helfy motor, innit.

powelly · 26 Feb 2011 at 15:13

i would get a car, build a awsome computer, and a house deposit

mrbios · 26 Feb 2011 at 15:33

£90k on a mortgage and £10k for fun

If the mortgage wasn't an issue then i'd start up a huge lan gaming center

eatcustard · 26 Feb 2011 at 15:44

Spend it on a hit man to kill silly people who ask "what would you di if you had XXXX £££"

UncleRuckus · 26 Feb 2011 at 15:58

Invest in a business and buy some woodland.

mrk · 26 Feb 2011 at 16:27

Pay off any remaining debt (obvious for most people!) and then bank the rest after having a small spend on a few desirables most probably

Oh and after a bit probably the following

[TW]Fox;18552479 said:
It's £100k not £1m. It isn't a huge amount of money. It's considerably less than the value of, say, the average house in this country.

While £100k won't buy you a house outright it certainly does allow you to buy a house much more comfortably though.

danza · 26 Feb 2011 at 16:43

Sell my 3 bed semi and use it for a fat deposit on a 3/4 bed detached house.

steve-h · 26 Feb 2011 at 16:50

Nothing. I would save it, then buy a house when I had more.