Hi I've just sold an BTL property and I am now in the lucky position to have 250k to Invest, so I'm looking for ideas or mybe feedback of what other people have done with a cash lump in the current climate.
I was considering a UK Trust fund but
I'm open to all suggestions.
I am 60years old and just plodding along in a 50k a year job for another few years with no spouse and with an weekly outlay which is very manageable. I do have a son who is 32 and has just bought his own house with his wife..
I have the following asserts with no debt.
300k in a pension
80k in various shares
75k in cash.on deposit
300k PPR mortage free..
plus the 250 lumpsum...
I was considering a UK Trust fund but
I'm open to all suggestions.
I am 60years old and just plodding along in a 50k a year job for another few years with no spouse and with an weekly outlay which is very manageable. I do have a son who is 32 and has just bought his own house with his wife..
I have the following asserts with no debt.
300k in a pension
80k in various shares
75k in cash.on deposit
300k PPR mortage free..
plus the 250 lumpsum...