Hello,
After a shares-related windfall I have about £100k to invest. My instinct is to lock it away for 5 years and hopefully it will do that lovely compound interest thing.
I've talked to 2 IFA companies now. One will do a face to face meeting to discuss, the other will only give me telephone advice (for £449!) because I have less than £150k to invest. I'm beginning to think that it's just not worth it considering all of the fees.
Other option is to try some robo-investing with either Nutmeg or WealthSimple or something similar.
Final option is to make a massive overpayment on my mortgage (currently at around £260k on a £800k property)
I'm normally a risk taker but I'm terrified about what's going to happen after Brexit so my goal is to protect this capital as a buffer against us losing our jobs, etc. Husband is in public sector, and I'm a freelancer, so we're both feeling a bit worried about possible fallout.
Any advice much appreciated...!
Please or to access all these features
Please
or
to access all these features
Discuss investments with other users on our Investment forum. For more advice read our tips for saving for your child's future.
Investments
is it worth going down the IFA route with £100K?
21 replies
Lizardlegs · 30/11/2017 16:47
OP posts:
Please create an account
To comment on this thread you need to create a Mumsnet account.