Investing lump sum wisely

[EternalOptimist]

Are Lada still in production?

dont be pushy, pushy.
and dont forget my massive part ex

[ChimpMaster]

National Savings RPI linked funds - if/when they open them up again for investment. It's a tax-free return that tracks the RPI, backed by the government.

Otherwise buy a BTL property and let the rent pay off the mortgage over time.

[escapeUK]

Gold, Coins, Bullionvault.

[ChimpMaster]

Gold, Coins, Bullionvault.

Gold is not an investment. It does not generate any income and should only form up to 10% of your total assets as a hedge.

[Platypus]

Otherwise buy a BTL property and let the rent pay off the mortgage over time.

I don't think you can buy a BTL for £30k. But thanks.

[SupremeSpod]

I don't think you can buy a BTL for £30k. But thanks.

It's not a bad deposit.

[d000hg]

How would you invest a lump sum (very low risk) if you had say £30k left after,

(1) Pay off all loans and credit cards
(2) Pay off mortgage
(3) Put the maximum into a cash ISA

Then what would you do?

No thought of a pension (though then the question what you buy still exists)?

I don't think you can buy a BTL for £30k. But thanks.

You definitely can, however you will be find 90% of tenants are on benefits.

[kaiser78]

No thought of a pension (though then the question what you buy still exists)?

You definitely can, however you will be find 90% of tenants are on benefits.

Guaranteed income then if paid for straight by the council.

[MarillionFan]

I don't think you can buy a BTL for £30k. But thanks.

Hence the comment about a mortgage.

I don't think youre cut out for this investing like.

Stick it under the floorboards like AtW.

[fckvwls]

Good place to start: Find & Compare Fixed Rate Bonds | moneysupermarket.com

Not much on there above 3.5% though which is pants.