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/biz/ - Business & Finance

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12041002 No.12041002 [Reply] [Original]

I just won £13k on the lottery. What should I do with it?

Gf wants to buy an apartment. I wanted to start a self-storage business or invest most of it, but I haven't done any research. Right now I just want to turn it into more. Thinking of hiring a financial advisor.

>> No.12041010

what kind of apartment can u buy for 13k??

>> No.12041011
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12041011

>>12041002
Buy Link

>> No.12041024

>>12041002
The Owls Are Not What They Seem

>> No.12041039
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12041039

>>12041010
None really, especially in south UK. It was just towards a deposit.

>>12041011
Shoo shoo linkie.

>>12041024
>ywn protect her smile

>> No.12041043
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12041043

>>12041002

>Asking a financial advisor when you only won £13k

Ask /biz/ instead, kek

>> No.12041065

13k is not enough to hire a financial advisor you fucking pleb
all in Bitcoin, there you go

>> No.12041111

>>12041043
>only 13k

T-this is the most money I've ever had. My savings total £5k

>> No.12041140

>>12041111
lad a financial advisor will instantly assume youre a retard for bothering him with a 13k lottery win.
its a lottery win ffs, throw half om binance to fuck around with and put the other half towards the deposit.

if this was inherited money or money youd earned through hard work, id say look to invest it properly, it isnt though so have some fun playing with the many shitcoins on offer to us and maybe learn a few lessons about the markets

>> No.12041158

buy five bitcoins & ditch your gf if she argues, sell them in a year and buy an apartment

>> No.12041162

>>12041111
Anon, shes your gf not your wife. Big difference. Therefore its your money not hers. Also, dont blow it ...take some time and see what you can do with it.

>> No.12041175

>>12041140
Haha no, financial advisors are basically sanctioned scammers and will give anyone bad advice for a fee.

>> No.12041210

>>12041175
At least the bad advice you get from /biz/ is for free.

>> No.12041273

>>12041002
>Gf wants to buy an apartment
Boomer Gf

Property is a depreciating asset unless you're renting it out.
Nationwide bank gives 5% on up to 2500 for a year
TSB gives 5% on up to 1500 a year
Open a sole account and a joint account of each.
HSBC has a regular saver for 5%
Then invest whatever is leftover

Stay in cash for now until the correction hits then dive into stock market.

>> No.12041285
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12041285

>>12041002
Invest in bitcoin and an assortment or obscure “alt coins”

>> No.12041363

>>12041273
Because these rates are capped at the limits described it won't compound, so you could take the interest made and put that into investments also. (Interest paid monthly for the Nationwide/TSB accounts)

>> No.12041482
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12041482

https://www.youtube.com/watch?v=IOlvOiGPPio

that bitcoin you like is going to come back in style

>> No.12041562

>>12041111
Nice quads but yeah u dont need a financial advisor for 13k anon...

>> No.12041629

>>12041175
>sanctioned scammers
My financial advisors are my rock. Patel and his friend.