250000 what to do

N

naic

Guest
Getting 250000euro in a couple of months. have a mortgage of 205000 and loans of 25000.Just wondering should I pay of everything or invest some of it. Thanks.
 
If it was me then I would certainly consider clearing any expensive unsecured loans and then maybe reducing or clearing the mortgage. But you don't really post enough details about your overall personal/financial circumstances to say whether or not this would be the right option for you too.

Even if you clear all the loans won't you have €20K left over to invest and you could also invest your erstwhile loan repayments?
 
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