I came into some money recently. Only round £100,000.?

Question

I'm 18. What do I spend it on. I know I could save it but I feel like I want to invest in something. I want to make a decision about WHAT to invest in without my parents interfering.

I have read that there is some great cheap property you can get in Russia. My friends folks bought some in Bulgaria and then just sat on it and eventually started to make money.

What do you suggest I should look at?

I hear top shop calling me all the time but have decided to stear WELL clear (and this Louis Vuitton bag that looks at me through the window on my way to work - silly money).

Thanks.

Answer 1

save it moron! i can sense your going 2 be poor in the future! dont be a fool!  

Answer 2

you can invest in Fixed income investmets whereby you can reap the profits to spend or reinvest. Thats more secure and income generating

Answer 3

buy property abroad in emerging markets that have big tourism and rent out the property for regular income. Bonus is your property gains value too so if you get stuck, just sell it! Go for a caribbean island. http://www.worldwideresource.co.uk

Answer 4

buy a share of a business,

a big company such as microsoft,

you carn't go wrong then.  

Answer 5

you should spend it all in a week, have some fun then watch everyone leave you when your poor again HAHA!

Answer 6

you will come across few ideas and options, mainly from real estate to stock options

never invest all of the money in one basekt

divide them into 3 portions

- 50% save it in a very secured investment

- 25% save it in a good investment moderate risk

- 25% save it in a good investmet moderate risk (but totally different line or country)

Answer 7

I really hope that you buy yourself one nice splurge (a Louis Vuitton would be fine) but then INVEST THE REST.  Property is a great option, but do your research.  At 18, that is a lot of money.  However, don't fool yourself into thinking that you are "rich" now.  When you are older you will realize that that isn't that much money (don't get me wrong, I would love to have that right now!) but for example, a couple of years ago we spend $75,000 just putting a pool in the backyard.  Make that money grow, and you will have it for your future...that's where you will need it.

Answer 8

Hi pooh bear.

Firstly well done on been sensible with your money!! as much fun as it is to spend spend spend you wont have any thing very valuable in the end!!!

My advice to you would be to go to a indepent brooker ( i work in one of these offices so i know what iam talking about!)

they are financial consultants who are free to see ( they make there money from commission from company's) and as there independent they will search all the markets property ect to give you the best investment opportunity!!!

I amt a financial adviser so i wouldn't give u advice in case iam wrong!!! but go see one as i said its free they will take ur personal circumstances in to account and get u the best option!! Good luck hope this helps!!! Oh hope u wont be leaving us at answers when u move a way heheh!!

Answer 9

Buy property

nothing else

and invest the remaining