£10k - what to do with it?

[Decisionsarehard]

How would you invest £10k if ...

• you had 6 months worth of 'emergency fund' and added a marginal amount to each month
• your young kids had healthy junior isa investment funds, pensions/sipps and shorter term savings accounts, which are paid into monthly
• both had workplace pension and a good percentage into
• you were putting 'mortgage overpayments' into an account offering double the return than the interest on the mortgage would be
• you already gave some to charity, and have monthly charitable direct debits set up
• you had another £10k to go on a nice holiday
• no home improvements or shopping is required

Sipps? Isa? Stocks and shares? Premium bonds? I'm trying to educate myself and getting a bit discombobulated by the options.

The £10k is unexpected and really nice to have, want to make sure it's used wisely.

You cannot really compare those to the Lifestyle40 Fund as this is only 40% invested in Equities and 60% in Bonds (which have not been performing particularly well of late).

It's not very easy to do a like to like comparison between all world stocks and all world ESG stocks. I'm sure that someone can.

I would drip feed it into a Stocks and Shares ISA. Much better returns and as you have other funds you can access for emergencies etc you can afford to wait out any downturn

I agree it isn’t comparing like with like. It was just to say the ESG fund is doing well.

Good idea. This means the money is working hard for you whilst you decide what you might want to do in the longer-term. I didn't know about this Nationwide account. I have money just sitting in my current account so will move it to the Nationwide.