[Travel] If you had £100k

Weststander said:

It's similar to the holiday threads, where boasters come out of the woodwork.

Don't worry, you're probably one of the 95% of working age, working hard to meet the bills plus have some leisure.

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Perkino said:

Move up north and buy a house, Or use it as a deposit for a house down south.

No point in wasting such an amount on pointless things that will be worthless in the near future. But a house can always be sold for a good return.

P.S I am a home owner already and I have calculated that once I finish paying off my mortgage my property will be worth more than I ever end up giving the bank for my mortgage, It's already worth 150% of the purchase value within 5 years.

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Stephen Seagull said:

Invest 30% in two or three low-risk stocks (or fixed rate bonds) and leave them for 10 years
Give 20% to the kids (Although they wouldn't be able to touch it until they're 18 so the interest would be worth more than the original 10k each)

With the other 50% I like to think that I'd be sensible and put some of it into a high risk pension plan, some into medium risk and leave it until I'm 50 (Adding to it every month). I'd soon be able to retire with properties and have enough to cover all of the other things I wanted in life.

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pauli cee said:

Just curious like,
If you had £100k in your pocket, but nothing else, no home or dependents etc, what would the wise people on nsc do?

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Bold Seagull said:

I bet you're a laugh at parties*.









*joking aside - very sensible mind...

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bluenitsuj said:

Travel the world for the rest of my life.

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LlcoolJ said:

The answer to this is Cuba. Hardly any crime, stunning beaches, amazing people, weather, dirt cheap to live there. The most expensive "mansion" in the area we last visited cost $150k. Brilliant free education system and healthcare.

The only problem is that you can't buy property there unless you're married to a Cuban. But if you've seen some of the Cuban women then this really isn't a problem at all.

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pauli cee said:

Is the winner

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LlcoolJ said:

The answer to this is Cuba. Hardly any crime, stunning beaches, amazing people, weather, dirt cheap to live there. The most expensive "mansion" in the area we last visited cost $150k. Brilliant free education system and healthcare.

The only problem is that you can't buy property there unless you're married to a Cuban. But if you've seen some of the Cuban women then this really isn't a problem at all.

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StonehamPark said:

Have you been to Costa Rica or Panama? Looking for the next holiday for late Autumn.
Had never been pulled by Cuba to be honest, but could be swayed if it's a good time.

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LlcoolJ said:

No. Been to Mexico (Tulum, just down from Cancun) and Cuba twice. I'd have every holiday in Cuba from now on if I could. It's amazing.

Full of Canadians though which is a plus point for us but if you want to get away from the locals then maybe not so good for you..... [emoji6]

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pauli cee said:

Is the winner

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StonehamPark said:

Yep I was in Tulum this April-May.
I'm going to have a better look into Cuba for sure.

& Canadians abroad are generally fantastic. Beats the Yanks in Mexico and the Brits in Europe!

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LlcoolJ said:

No. Been to Mexico (Tulum, just down from Cancun) and Cuba twice. I'd have every holiday in Cuba from now on if I could. It's amazing.

Full of Canadians though which is a plus point for us but if you want to get away from the locals then maybe not so good for you..... [emoji6]

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pauli cee said:

Always fancied Central America and the surrounding areas, have only heard good things about Cuba.
Have also looked into Costa Rica a bit too [MENTION=17571]StonehamPark[/MENTION], looks beautiful, and I love the way they care for their ecosystem, makes it look a very attractive place to live, think I was told you had to be there for a year before you could invest in a business there?

ps. I don't mind Canadians so that's ok, my Grandad was one

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Dick Head said:

That's a very complimentary thing to say.

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