FabSwingers.com forum: Financial advice

By *iguyyy OP Man
over a year ago

whitstable

Say you won on a scratch card or inherited like £100k what would you buy/invest in right now to maximise your lifestyle and future? For me it would have to be a good deposit on a house but it’s so intriguing all the different ideas people have with money!

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By *an goMan
over a year ago

huddersfield

buy a turkey farm

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By *iguyyy OP Man
over a year ago

whitstable

"buy a turkey farm

Haha that’s an interesting one, be a good Christmas pay day at least

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By (user no longer on site)
over a year ago

I’d invest in my daughters future instead. To make sure she’ll have a home, an education, a start in adult life.

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By (user no longer on site)
over a year ago

Buy a house in wales somewhere like Blynneau Ffestiniog outright and rent it.

Just pay off most of my mortgage. Best way to save is to not spend…

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By (user no longer on site)
over a year ago

I’d do half and half. Save half and spend half. First thing I’d do is book a truly luxurious holiday. I could do with one!

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By *iguyyy OP Man
over a year ago

whitstable

"I’d invest in my daughters future instead. To make sure she’ll have a home, an education, a start in adult life."

Very good idea! Always great to pass on good fortune!

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By *iguyyy OP Man
over a year ago

whitstable

"Buy a house in wales somewhere like Blynneau Ffestiniog outright and rent it.

Just pay off most of my mortgage. Best way to save is to not spend…"

Very true, but if you could generate a steady £1000 interest from the £100k then you’d be able to spend more

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By (user no longer on site)
over a year ago

I'd set aside enough to pay off my mortgage, using my 15% 'free' annual overpayment

I'd give £5k to charity, £10k to my family

Then with the remaining £45k I'd travel ... I'd go to:

* Antarctica

* Canada and do the lake/mountain/water

* Peru + cuba

* Rain Forest expedition

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By *iguyyy OP Man
over a year ago

whitstable

"I’d do half and half. Save half and spend half. First thing I’d do is book a truly luxurious holiday. I could do with one!"

Oh tell me about it! Straight to the Maldives for 3 weeks

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By *iguyyy OP Man
over a year ago

whitstable

"I'd set aside enough to pay off my mortgage, using my 15% 'free' annual overpayment

I'd give £5k to charity, £10k to my family

Then with the remaining £45k I'd travel ... I'd go to:

* Antarctica

* Canada and do the lake/mountain/water

* Peru + cuba

* Rain Forest expedition

Wow! Great plan that, spend it while you’re here make the most of it!

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By (user no longer on site)
over a year ago

"I’d do half and half. Save half and spend half. First thing I’d do is book a truly luxurious holiday. I could do with one!

Oh tell me about it! Straight to the Maldives for 3 weeks

How did you know that was my no.1 destination?!

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By *iguyyy OP Man
over a year ago

whitstable

"I’d do half and half. Save half and spend half. First thing I’d do is book a truly luxurious holiday. I could do with one!

Oh tell me about it! Straight to the Maldives for 3 weeks

How did you know that was my no.1 destination?!"

Top of most peoples wish lists! My second choice is definitely Bora Bora though

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By *hunky GentMan
over a year ago

Maldon and Peterborough

I'd spend a big wad on cars, beer and women - and the rest I'd waste.

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By (user no longer on site)
over a year ago

Put some in the S&P, maybe buy some vending machines, some in property and enjoy the rest

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By *iguyyy OP Man
over a year ago

whitstable

"I'd spend a big wad on cars, beer and women - and the rest I'd waste.

Basically plan to blow the lot

you’d have some awesome memories

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By *iguyyy OP Man
over a year ago

whitstable

"Put some in the S&P, maybe buy some vending machines, some in property and enjoy the rest"

Oh vending machines how do you go about that? Sounds rather interesting

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By *a LunaWoman
over a year ago

South Wales

I’d buy a farm (a cheap one) and get it established, then I’d have fab camping weekends in the lower field. See whose tits and cock I’d recognise

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By *iguyyy OP Man
over a year ago

whitstable

"I’d buy a farm (a cheap one) and get it established, then I’d have fab camping weekends in the lower field. See whose tits and cock I’d recognise

Mmm all the fun that could be had

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By *litterbabeWoman
over a year ago

hiding from cock pics.

I would buy buy a bitcoin, £10k premium bonds just in case I get lucky for the million, a car each for two family members who could really use them, take my family on a wonderful holiday.

I would treat my other family members and help some local charities.

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By *iguyyy OP Man
over a year ago

whitstable

"I would buy buy a bitcoin, £10k premium bonds just in case I get lucky for the million, a car each for two family members who could really use them, take my family on a wonderful holiday.

I would treat my other family members and help some local charities."

Wow a bitcoin? I’d rather buy 10 ethereum’s!

But the rest sounds very good to me! Lucky family to have such a kind person

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By *litterbabeWoman
over a year ago

hiding from cock pics.

"I would buy buy a bitcoin, £10k premium bonds just in case I get lucky for the million, a car each for two family members who could really use them, take my family on a wonderful holiday.

I would treat my other family members and help some local charities.

Wow a bitcoin? I’d rather buy 10 ethereum’s!

But the rest sounds very good to me! Lucky family to have such a kind person "

I'm very new at looking at crypto, but the gas fees on Etherium would put me off.

I think either of them are good for a long-term investment.

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By (user no longer on site)
over a year ago

All of it on the favourite in the 3.15 at Catterick.

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By *andyfloss2000Woman
over a year ago

ashford

Retiring in a year so put it away for lots of holidays x

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By (user no longer on site)
over a year ago

I’d have a good holiday (probably NZ), buy a classic motorcycle and an old mini and put the rest in a safe investment that paid a nice dividend

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By *urls and DressesWoman
over a year ago

Somewhere near here

I’d ideally buy some land and set up a campsite. The perfect place would be some land that I’m hoping is going up for sale behind my house

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By *ustfun009Man
over a year ago

oxford

I wish i had taken financial advice i have 270k left but dont know what to do with it

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By (user no longer on site)
over a year ago

"I'd set aside enough to pay off my mortgage, using my 15% 'free' annual overpayment

I'd give £5k to charity, £10k to my family

Then with the remaining £45k I'd travel ... I'd go to:

* Antarctica

* Canada and do the lake/mountain/water

* Peru + cuba

* Rain Forest expedition

This^^^ she is in my brain hole

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By *2000ManMan
over a year ago

Worthing

Help my mate who is unwell.

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By *om and JennieCouple
over a year ago

Chams or Socials

I would spend it on updating our home - new kitchen, new bathroom, fix the roof etc all the expensive things that need doing. I’d buy/put money aside to get the kids reliable cars too. If there’s anything left I’d keep it in the bills account to cover future gas & electric bills

J x

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By *yron69Man
over a year ago

Fareham

Investing is hit and miss. Sometimes you get a good year, others bad.

Plus you pay annual fees either way.

Property investments can be good. You invest in companies that own buildings basically. Your returns are from the rents collected.

Property is on the up still. 100k won’t buy much but as long as you can cover a mortgage you won’t do too bad.

Phone an independent financial advisor. They can give a free initial consolation and advise on the level of risk you want to take and exactly what you want from any action taken.

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By *iguyyy OP Man
over a year ago

whitstable

"I wish i had taken financial advice i have 270k left but dont know what to do with it

Wow you have £270k!?! Don’t keep it tucked up in a bank account that’s for sure, do you enjoy your current job? If not then start a business with something you do enjoy. But a holiday home in the south west of England, or invest invest invest!

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By *verage Guy90Man
over a year ago

Stockton On Tees

Overpayment on mortgage spread over a period of time so I didn't incure a fee for going over 10% overpayment a year.

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By *lim_funMan
over a year ago

Hebden bridge

I'd invest it in high yield crypto farms personally

I'd ape into a few different chains or tokens to minimise risk..

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By (user no longer on site)
over a year ago

[Removed by poster at 09/02/22 03:37:26]

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By (user no longer on site)
over a year ago

"I'd spend a big wad on cars, beer and women - and the rest I'd waste.

Well said Georgie

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By (user no longer on site)
over a year ago

Id split it, 70k would go into various nft & crypto projects as i know id double if now triple my money within 18 months

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By *ophieslutTV/TS
over a year ago

Central

Just men

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By *ryandseeMan
over a year ago

Yorkshire

[Removed by poster at 09/02/22 08:35:51]

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By *ryandseeMan
over a year ago

Yorkshire

Interesting how most will share almost everything on here except how they can triple their money in 18 months. Is it all hush, hush

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By *iguyyy OP Man
over a year ago

whitstable

"Id split it, 70k would go into various nft & crypto projects as i know id double if now triple my money within 18 months

So spill the beans let’s all triple our money

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By *lim_funMan
over a year ago

Hebden bridge

Defi kingdoms...... Your late but no doubt it's still easy money nfa

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By (user no longer on site)
over a year ago

I'd buy another house to let

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By (user no longer on site)
over a year ago

"Id split it, 70k would go into various nft & crypto projects as i know id double if now triple my money within 18 months

So spill the beans let’s all triple our money

Shares- prem, im up 565% on last year raising 57% in a week

Cypto- eth, grt, mana, near are good projects to jump on atm for any budget.

I mine ETH and initial set up of 20k was made back in 7 month. Im on year 3 now with that

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By *iguyyy OP Man
over a year ago

whitstable

"Id split it, 70k would go into various nft & crypto projects as i know id double if now triple my money within 18 months

So spill the beans let’s all triple our money

Shares- prem, im up 565% on last year raising 57% in a week

Cypto- eth, grt, mana, near are good projects to jump on atm for any budget.

I mine ETH and initial set up of 20k was made back in 7 month. Im on year 3 now with that

Wow that’s some profits!

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By (user no longer on site)
over a year ago

"Help my mate who is unwell."

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By (user no longer on site)
over a year ago

Stick it in a stocks and shares isa depending on your risk tolerance.

10 years at 3 % £134k, 5% £164k, 8% £221k, 11% £298k.

If you got 11% and left for 20 years you'd have ~£900k

S&P 500 ETF annualised returns of 8-10% over the last 60 or so years.

My early retirement plans all tied into the above

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By *ustamanMan
over a year ago

weymouth

That's sufficient for me to stop working full time

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By *ottom charlieMan
over a year ago

washington

"Say you won on a scratch card or inherited like £100k what would you buy/invest in right now to maximise your lifestyle and future? For me it would have to be a good deposit on a house but it’s so intriguing all the different ideas people have with money! "
spend it quick and buy a place in the south pacific before putin starts WW3

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By *pursChick aka ShortieWoman
over a year ago

On a mooch

I’d probably just put it away right now for a couple of years at least, then when decided where I want to live use it for a house

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By *ryandseeMan
over a year ago

Yorkshire

"Stick it in a stocks and shares isa depending on your risk tolerance.

10 years at 3 % £134k, 5% £164k, 8% £221k, 11% £298k.

If you got 11% and left for 20 years you'd have ~£900k

S&P 500 ETF annualised returns of 8-10% over the last 60 or so years.

My early retirement plans all tied into the above

Not really sure where you would get those rates for an ISA currently?

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By (user no longer on site)
over a year ago

"Stick it in a stocks and shares isa depending on your risk tolerance.

10 years at 3 % £134k, 5% £164k, 8% £221k, 11% £298k.

If you got 11% and left for 20 years you'd have ~£900k

S&P 500 ETF annualised returns of 8-10% over the last 60 or so years.

My early retirement plans all tied into the above

Not really sure where you would get those rates for an ISA currently? "

It's not a savings ISA, stocks and shares ISA, completely different

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By *ryandseeMan
over a year ago

Yorkshire

"Stick it in a stocks and shares isa depending on your risk tolerance.

10 years at 3 % £134k, 5% £164k, 8% £221k, 11% £298k.

If you got 11% and left for 20 years you'd have ~£900k

S&P 500 ETF annualised returns of 8-10% over the last 60 or so years.

My early retirement plans all tied into the above

Not really sure where you would get those rates for an ISA currently?

It's not a savings ISA, stocks and shares ISA, completely different "

I understand but I assume these are averages on historical returns?

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By (user no longer on site)
over a year ago

"Stick it in a stocks and shares isa depending on your risk tolerance.

10 years at 3 % £134k, 5% £164k, 8% £221k, 11% £298k.

If you got 11% and left for 20 years you'd have ~£900k

S&P 500 ETF annualised returns of 8-10% over the last 60 or so years.

My early retirement plans all tied into the above

Not really sure where you would get those rates for an ISA currently?

It's not a savings ISA, stocks and shares ISA, completely different

I understand but I assume these are averages on historical returns? "

Averages based on personal risk tolerance and where your investment is split. You can move your ISA up and down between different funds as you see fit.

All returns are achievable based on my experience, I've seen 5% to 17% over the last 15+ years on my own investments

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By (user no longer on site)
over a year ago

Spend 20k on my car and make it the beast its destined to be, use 20k to to find a new place with a garage and use the money for furniture and to cover the rent and bills for a while until im back on my feet. Use 10k for myself to splurge a little, clothes, new computer etc. Then the rest of the 50k left ill dump into savings to gather interest and have it there when i really need it

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By *ighty_tightyMan
over a year ago

Norfolk/Suffolk

"I’d do half and half. Save half and spend half. First thing I’d do is book a truly luxurious holiday. I could do with one!

Oh tell me about it! Straight to the Maldives for 3 weeks

I got exceptionally bored in the Maldives. Lovely place but nothing to keep me interested

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By *ryandseeMan
over a year ago

Yorkshire

"I’d do half and half. Save half and spend half. First thing I’d do is book a truly luxurious holiday. I could do with one!

Oh tell me about it! Straight to the Maldives for 3 weeks

I got exceptionally bored in the Maldives. Lovely place but nothing to keep me interested "

And that sand gets everywhere

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By *oss11Man
over a year ago

eastleigh

Buy a property in the Southampton area and open it up as a swingers club. There’s nothing around here so it would be prosperous if it failed I’d still have the property you hardly lose investing in property leave it to the kids

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By *iguyyy OP Man
over a year ago

whitstable

Some great plans

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By *icentiousCouple
over a year ago

Up on them there hills

Counselling sessions around asking an id website about financial matters.

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By (user no longer on site)
over a year ago

There are a number of ways of looking at this:

With my appetite for risk I would play the macro having some experience in it. As we write interest rates are likely to rise making banks a good bet (they make money in these environments because they make their profiles from the Net Interest Margin (NIM) the difference between what they charge borrowers and what they pay savers.

When inflation tapers off (not interest rates) I would be buying high growth. Depending on the entry point my favourite stock is Tesla right now and from my view Tesla are a screaming buy anything below $700 with a view to holding for 3-5 years and if you haven’t by then quintupled your money I would be amazed.

If your appetite for risk is high but want to let others manage it in a high growth fund then I would buy an ETF called ARK K which is a high growth fund with a view to long term capital growth. Their biggest position is Tesla but they are also invested in genomics and AI which are areas which are about to explode. If I had children I’d put £20,000 in an ISA invest that into ARK K for them and let see how it grows until they are old enough to manage it themselves.

I wouldn’t go into houses / property, especially not commercial property because they are nearly a full 100% negatively correlated to interest rates which, to put it in perspective have never been lower and look for all th world like they are about to spike (remortgage and fix if you’re reading this and you can). In short there may be a house price crash about to come because of the rise in inflation.

I like Bitcoin here although it’s very volatile and you would need to ride a short term downside risk. I see it in the medium term being very very lucrative if central banks start to change their reserves over to that from the Dollar, which is not impossible. If your appetite for risk is low Bonds are a decent bet here, but not for too long, I’d be seeking out when the world calms down and moving to high growth.

I hope that helps. Best of luck.

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By *lim_funMan
over a year ago

Hebden bridge

Crypto, a decent liquidity pool that offers silly gains like 200,000 Apr always works for me

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By *uckslut and MCouple
over a year ago

Poole

Pay off my mortgage. Fix evrything thats broken in my sons new flat, how it got through inspections. I'll never know. Broken boiler, front door hanging off, blown windows, most window locks broken or missing. His is ground floor, the fff has 7 missing bricks on the course below the gutter.

I'd also give my freind who works so hard, and gets set backs no fault of her own. A large sum of cash.

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By *alentino7Man
over a year ago

London

Investing in a property. 100k could be a hearty deposit for a "Buy to Let" to generate additional income.

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By *razytimesinloveCouple
over a year ago

SW Scotland

Probably invest half, use a decent chunk to lower energy usage/costs round the house

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By (user no longer on site)
over a year ago

I have everything I need. so I would invest the money to people that really need it. I believe in helping people . I have been lucky enough to have people in my life that believed in me. So I go though my life now in helping where I can

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By (user no longer on site)
over a year ago

[Removed by poster at 25/03/22 06:42:11]

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By *rwhowhatwherewhyMan
over a year ago

Aylesbury

"buy a turkey farm

Haha that’s an interesting one, be a good Christmas pay day at least

Not really, they would struggle to find enough skilled people to work it.

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By *iguyyy OP Man
over a year ago

whitstable

"Crypto, a decent liquidity pool that offers silly gains like 200,000 Apr always works for me"

Hmm sounds good… any recommendations for a 200,000 apr

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By *lim_funMan
over a year ago

Hebden bridge

"Crypto, a decent liquidity pool that offers silly gains like 200,000 Apr always works for me

Hmm sounds good… any recommendations for a 200,000 apr

"
you gotta be early to the big moves but defi kingdoms launching avax staking pools in like 20 hours. Alot of scams follow official Twitter links mah dude

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