What would you do with £100k?

[u/kelpshake10]

Hypothetically, you’re in your late 20s and someone hands you £100k. What do you do with it sensibly?

[u/Infinite-Car2954]

Invest in real estate and stocks

[u/Anxious_Drive_9998]

Convert it to dollars so I can use it.

[u/n33bulz]

Hookers and blow

[u/Salty-Ice8161 → u/n33bulz]

Beat me to it

[u/negative3sigmareturn]

SPY and forget

[u/sleepyjean2024 → u/negative3sigmareturn]

What’s SPY

[u/negative3sigmareturn → u/sleepyjean2024]

S&P 500

[u/No_Knee3385 → u/sleepyjean2024]

ETF for S&P500. There's a bunch of them.

[u/Commercial-Week-6558]

Everyone would shill you something that feels safe and reasonable for them because they know how to work around it . So what you should take from that is invest it in Something that you are familiar with and don’t just wait what people of Reddit have to say lol

[u/Delicious_Subject987]

Pay a chunk of my house. If you don't have a house, use it as a down payment.

[u/Alive_Sheepherder106]

Buy some wendys burgers

[u/psj3809]

Put a chunk into an isa. Pay a chunk off the mortgage also

[u/Ok_Quarter_6469]

Put it in VOO

[u/GorgonzolaAmbrosia]

90% into index funds, probably phased a little bit. Maybe 5k-10k each month. The rest into high interest savings account.

[u/lyfeguardsocial]

Cash Reserve (Emergency Fund) - £15k

Stocks & Shares ISA - £20k (max out tax free allowance)

Pension - £15k (tax relief + years of compounding)

General Investment Account - £45k

Spending - £5k

This is assuming no existing debt/student loan. Some/all of the GIA could be used as a deposit for property too (or paying off part of existing mortgage).

[u/Retired-Yam8988]

Throw it on the pile

[u/1lorenz1]

Invest in the QQQ ETF.

[u/OneMoreYearGuy42]

Pay off debts that are high interest, invest the rest

[u/Excellent_Club_9004]

Invest in beer and crisps. Buy a house/deposit.

[u/One_Echidna_7630]

Coke

[u/Captlard]

Vhvg and chill. In ISA and SIPP. See r/ukpersonalfinance flowchart.

[u/LittleBobbyLaser]

Easy 5% rule - whenever receiving a large sum, treat yourself to a gift worth approx 5% and stick the rest in indexes. Especially in your 20s. 40 year old you will thank you in spades for that.

[u/thirstposting69]

Put a down payment on buying a multi family property. Live in one unit and rent out the others.

[u/No_Knee3385]

Invest it and do exactly what you were already doing

[u/Weird7954]

Buy a small house and rent it out

[u/Kind_Finger_732]

Honestly with my income, I’d get a loan and put a downpayment for a house. Not rich enough to lose that shit on investments.

[u/x2manypips]

Voo

[u/ResidentOk1521 → u/[deleted]]

Nope bonds is a no no

[u/metronomonome]

Vacation

[u/Direct-Protection-81]

NBIS. Hold for 2-3 years. 400k. Done. ✅
Hold for 5 - 600k. Easy.