Question:

If you were to receive £100K today?

by  |  earlier

0 LIKES UnLike

What would you do?

 Tags:

   Report

13 ANSWERS


  1. Put it straight into my bank account and keep saving it until i'm old enough to get a car and buy/rent a house or flat (i'm 16)


  2. put it in the bank to gain interest whilst i waited to get a job-then i would put a deposit on a house and buy a car :-)

  3. Pay my debts, and contribute to paying off some of my mums/grandmothers (bills etc)

    Put a signifigant portion of the money in my sons child trust fund account

    Open up an ISA

  4. buy a better car x*x

  5. I think I would spend it on money.

  6. The same as yesterday when i got £100k and i will do the same tomorrow.

  7. I would use it to instantly save myself another 55k - making myself a total of 155k.

    that would almost half my mortgage.... so i would promptly write a check for £100k to my mortgage.

    This would save me £55k in interest... over the years left.

  8. Go and open a bank account for my kids x

  9. Buy a property with some of it (and get a mortgage for the rest). This would have to be a property that could generate some income. It wouldn't really matter where in the world it was as long as I could rent it out.

    I would then invest the rest in commodities shares or in shares in any of the BRIC economies (Brazil, Russia, India, China).

  10. STELLA TIME.

    And the drinks would be on me.

  11. I would go shopping and buy lots of stuff or save it to buy a zoo

  12. Put 50% on deposit with the Nationwide and spread the remainder between smaller Building Societies offering high rates.

    Stay well clear of property and consumer goods as we are iin a recession that could easily turn into a depression.

  13. Start laughing hysterically.

Question Stats

Latest activity: earlier.
This question has 13 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.