50k - What to do
Author
Discussion

Guv10

Original Poster:

211 posts

140 months

Tuesday 19th May 2020
quotequote all
Some mates of mine have just got a 50k interest free loan for 12 months.

What would you do to capitalise on that?

They are very much open to risk!

Shares is the obvious one to me but I think would like something a bit more "fun" ?

oldaudi

1,619 posts

187 months

Tuesday 19th May 2020
quotequote all
Premium bonds. No risk to capital. Put the lot in there with the chance of winning some money. I’m assuming they need to pay back £4K a month on the loan though over 12 months? Would that payment come from other sources?

V8fan

8,520 posts

297 months

Tuesday 19th May 2020
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I think you'll find it's the government 'bounce back' loan. smile

oldaudi

1,619 posts

187 months

Tuesday 19th May 2020
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Ah ok. I’ve not really be paying any attention to any of that!

BoRED S2upid

21,047 posts

269 months

Tuesday 19th May 2020
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If this is pistonheads then the answer is £49k on a share that has taken a massive hit over the last 3 months and hope they recover in a year there are a lot. If that goes well you could double your money. The remaining £1k is obviously for the fun. How far does that go with regards to coke and hookers now?


TCX

1,976 posts

84 months

Tuesday 19th May 2020
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AVCT
GGP
25/25,this time next year Wodknee......

anonymous-user

83 months

Tuesday 19th May 2020
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bitcoin