My feed
Premium

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

Small windfall - what to invest in?

7 replies

Chimichangaz · 23/05/2018 22:19

I've received a small windfall of £500. Rather than just fritter it away like I usually do I would like to invest it, and then potentially add a small amount to it monthly (say £20-30).

I've got a mortgage, 14 years left but planning to overpay to pay it off sooner. I have a SIPP, and am contributing to a local government pension scheme. I'm 52 and would like to retire/not depend on full time employment sooner rather than later (although I am obviously not expecting a £500 investment to help with that one Grin). My attitude to risk is 'medium'....

Any ideas?

OP posts:
Report
Chimichangaz · 24/05/2018 19:18

Anyone?

OP posts:
Report
Nanasueathome · 24/05/2018 19:22

Premium bonds

Report
UrsulaPandress · 24/05/2018 19:23

Yep. Premium Bonds.

Report
epicclusterfuck · 24/05/2018 19:28

Regular saver account? Can get up to 5% interest on some accounts.

Report
Lunaballoon · 24/05/2018 19:31

A stocks & shares ISA?

Report
Chimichangaz · 26/05/2018 09:50

Thanks for replies - think I'm looking for something with a bit of 'excitement ' so ISA probably best bet. Wondered about something like a kickstarter project too, although that's not as obviously an investment.

OP posts:
Report
specialsubject · 27/05/2018 22:39

stocks and shares isa, drip fed. nothing else is worth the effort.

Report
Please create an account

To comment on this thread you need to create a Mumsnet account.