Where Would You Put £50,000

[jesmond]

just a hypothetical question, but where would you put it to get the best deal if you could afford to put it away for a few years, not under the mattress please!!!

[Old_Geezer]

Enhance my property probably.
Never bought gold but precious metals may be an option.
Or one could take a bull attitude and invest in companies in developing nations.
My mismatch with the question is that I feel I want to extract capital not lock it up at the moment.

[starone]

Who's got £50,000? Didn't think there was that much floating around unused at the moment!

[BlueToffee]

Try Premium Bonds between you and OH.

[starone]

Good idea bluetoffee if enough is invested there is an extremely high chance of winning every month. More than the current rates of interest, that's for sure.

[doctordb]

Vintage Wine. Just remember not to drink it. :)

[boxtops]

Pay off any debt (since interest rates for savings are not brilliant, but interest on loans etc is higher), then look at longer-term bonds from the banks and building societies.

[hc4361]

If you're a tax payer, Premium Bonds.
If you don't pay tax, £20k in Santander Account paying 3% and the rest in Premium Bonds.

[237SJ]

I'd buy a couple of Rolex watches, keep them in their boxex and put them away for a few years. They really appreciate in value and there is a good market for them due to emerging market countries. Limited edition Rolex would be preferable

[jesmond]

interesting replies thanx all