What would you do with 100k

[Hedge]

Mortgage paid off and RS6. 

[damoegan]

I'd pay off the magority of our mortgage which would leve us martgage free in circa 5 years.

Then engoy the benifits of being mortgage free at <40 

As said, £100k realy isn't a great amount these days. Try adding up your anual house hold income and see how long it would take to make £100k??

[Tamiyoman]

Would buy a small terrace house needing renovation then rent it out, that 100K investment now will be worth a lot more in 30 years time plus all the rental income its generated in 30 years which would pay 2/3rds of my mortgage 

[vRStu]

You can have £30k of Premium Bonds and see where that takes you.

I got 2 x £25 wins last month which is more than I'd have got in interest.

[RedRobin]

Would buy a small terrace house needing renovation then rent it out, that 100K investment now will be worth a lot more in 30 years time plus all the rental income its generated in 30 years which would pay 2/3rds of my mortgage 

....A good principle but would £100k really be enough to even buy a small terrace house to renovate? You must live up north somewhere to even consider that as financially viable. You might need deeper pockets to be able to continue when it's discovered that the house might need something more structural - Not uncommon and often an unknown until you start taking a building apart.

[sub39h]

invest in a student property methinks. get something rundown, £80k deposit, £20k to do the place up and add bedrooms and either rent or sell on for a profit

[ub7rm]

Assuming you are comfortable as you are in your house / with your mortgage etc I would spend it on something amazing like a holiday (well, more than one) or an experience like that that you couldn't do at the moment.  Presumably you've already got the mundane stuff like house covered so spend it on something completely hedonistic.  Maybe a small chunk away as a rainy day fund. 

Are you happy with your current job?  If not a good opportunity to set yourself up a small business or go back to uni without having to worry about the financial implications of taking time of work.

[bakili]

I am thinking of taking risk to invest money in business. The risk means: my house, my cars and everything else  
I am extremely not happy with my current work I do and I think is time to move on.


What would make nice profitable business this day?

[MC71]

I am thinking of taking risk to invest money in business. The risk means: my house, my cars and everything else  
I am extremely not happy with my current work I do and I think is time to move on.


What would make nice profitable business this day?

What you want to do is sell cheap s**t to people. Look on the high street, over the last couple of years the big gains have been made by companies like Poundland, Wilkinsons, Savers, Primark blah blah blah. We even have some of these shops here in Sussex (what is the world coming to!).
That aside.........
Buy to let, with your 100k you should be able to get 4-5 cheap properties, each with a decent deposit, do them up to a very basic standard and rate them to the council who pay reasonable rates and the houses go to the feckless unwashed. Well that's what my Brother in Law now does for a living, there really is a lot of money in it!!

[Andy]

I would give mine to Robin to get it detailed as i have never seen it clean

[RedRobin]

I would give mine to Robin to get it detailed as i have never seen it clean

^^^^ Andy aka maxitrol has publicly stated as witnessed on this forum, that he would give me £100,000 (one hundred thousand pounds sterling)!

That is generous in the extreme! I am happy to accept a banker's draft and will PM you my bank details.

To respect his wishes I will use a (very small) part of that £100,000 to have my car professionally detailed and think it appropriate only to employ a member of this forum.



Subject to weather I usually handwash her about once every 4-6 weeks and clay and Zaino her once a year.

[Andy]

I would give mine to Robin to get it detailed as i have never seen it clean

^^^^ Andy aka maxitrol has publicly stated as witnessed on this forum, that he would give me £100,000 (one hundred thousand pounds sterling)!

That is generous in the extreme! I am happy to accept a banker's draft and will PM you my bank details.

To respect his wishes I will use a (very small) part of that £100,000 to have my car professionally detailed and think it appropriate only to employ a member of this forum.



Subject to weather I usually handwash her about once every 4-6 weeks and clay and Zaino her once a year.

wow your car cleans up well R/R --i found a lottery ticket for tonight so you never know

[Bane]

Well,I've just managed to pay off the last remnants of my mortgage this year (bloody endownement policy...grrr )
so with £100k burning a hole in my pocket,I thin k I would spunk half of it on a MK1Cosworth engined Ford Escort Mexico and waste the rest on 100 octane race fuel......  

[Sonic6103]

Well i've been in this position but I have to admit I haven't spent it wisely and wish I had but never mind, I have what I consider a nice collection of cars, some invested (£20k), a huge deposit on my house and enjoyed a nice but still cheap holiday, lived my daily life without worrying about money. I could have handled it differently/better but it's kept me and the family happy and will be paying for the wedding n buying my partner her first car too. I hate having money, just because I struggle to be sensible with it :(

[simonp]

I'd buy a house in a village location probably. I reckon I've got around £300K equity in my place, so a £400,000 deposit and a small mortgage on top should get me summat half nice...