Property News · October 29, 2014

Where should you invest a lump sum of money?


If you’re lucky enough to have a windfall of £1,000, £10,000 or even £100,000, here’s how you can put it to workIf you’re lucky enough to find yourself with a lump sum of cash, don’t get too excited. If you blow the lot on a spending spree or foreign jaunt, you might regret it later. Whether your windfall is an inheritance, bonus or redundancy payout, you should put it to work by investing it for the future. One day it could be the deposit on your first home, a downpayment on a new car, or a valuable part of your pension. How you invest the money depends on personal factors how much savings and debt you already have, and the size of your windfall. Continue reading…

Source : theguardian.com
Read more…Where should you invest a lump sum of money?

You may also like...