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"Id look after my friends and family. Most of it if leave in the bank and live on the interest ![]() Left languishing in the bank? Bugger all. Properly invested in a varied portfolio there would be enough to have a nice existence on, but it won't be as much as people expect. I would spend it all, I'm 31 now so if I spend at a rate of say a million a year that'll keep me ticking over nicely for the rest of my life. You can't take it with you. | |||
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"Id look after my friends and family. Most of it if leave in the bank and live on the interest ![]() At current rates, an assuming you didn't give any away, you would be lucky to get £75k , year in the bank before tax, so about £50k afterwards, not bad, but a lot less than many would think. Diversification is great but carries risk, sticking it in the Ftse would have seen you lose about 15% since the middle of last year! | |||
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"Id look after my friends and family. Most of it if leave in the bank and live on the interest ![]() I could squeeze £300k pre tax out of it in a range of fairly non-risky investments. Less effort to just spend it ![]() | |||
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"Id look after my friends and family. Most of it if leave in the bank and live on the interest ![]() ![]() Probably even more, but scary how little return you can get on big cash deposits these days, low interest rates are great for borrowers but shit for net savers! Anything other than cash carries risk, but being sensible you can do better than the 0.0015% currently offered! | |||
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"Id look after my friends and family. Most of it if leave in the bank and live on the interest ![]() ![]() As someone pretty much entirely debt financed I don't think I'll start caring about the effect of low interest rates on net savers for a few years yet. (Except in a work context where yes, it's a right bugger trying to get a decent rate of return!) | |||
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"Id look after my friends and family. Most of it if leave in the bank and live on the interest ![]() ![]() For our poor old pensioners, they are actually getting a negative return when inflation is taken into account! Which I think would lead me to spending it and having a f&@king awesome time while I can ![]() | |||
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"First I would change my profile to include how much I had won If that don't get interest, nothing bloody will " Lol, you will still need to be 6"+, vwe, good looking, gym fit, clean, personable etc. Fab is a tough crowd!! ![]() | |||
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"Fucking big house in Cheshire, Aston, Lambo, fast bikes, Champers, nose bag and a yacht. As I'm not a frivolous person" I thought a nose bag was what horses ate out of? or am I thinking of the wrong nose bag? | |||
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"Fucking big house in Cheshire, Aston, Lambo, fast bikes, Champers, nose bag and a yacht. As I'm not a frivolous person I thought a nose bag was what horses ate out of? or am I thinking of the wrong nose bag?" in the context...i'm thinking head ![]() | |||
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"I thought about this earlier...id go on a spending spree and probably still have 49 million left over ![]() That isn't trying hard enough, am sure you could spend more than that ![]() | |||
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"Id look after my friends and family. Most of it if leave in the bank and live on the interest ![]() ![]() I suppose being non-risky and using banks would mean opening 667 or more accounts with separate banks to stay within the £75000 deposit protection scheme too... a bit of a first world problem that. Like you say it's probably much less effort to just spend it. | |||
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