Small investment to fund hobbies from the return

[anonymous-user]

Hi all,

Where, in today's market, can I put £20k that will give me a return of approx £1-2k (quite high I know but not unattainable) to fund objects like a new kayak, ski passes, and stuff. I don't want to spend the capital but I would like it to allow me guilt free spending on nice activities for myself.

Any ideas?

[Pit Pony]

You have mates that want to Go Kayaking ? Rent them your boat. Keep accounts. Fill in a self assessment on line. Pay the tax you owe (or don't)

[AdamV12V]

bulldong said:

Hi all,

Where, in today's market, can I put £20k that will give me a return of approx £1-2k (quite high I know but not unattainable) to fund objects like a new kayak, ski passes, and stuff. I don't want to spend the capital but I would like it to allow me guilt free spending on nice activities for myself.

Any ideas?

So you have a small investment and want to get a 10% return whilst the base rate is 0.5%, without risking the capital and without tying it up for a long time?

With all due respect I think you are living in cloud cuckoo land!

[anonymous-user]

That's that sorted then...

[Froomee]

bulldong said:

That's that sorted then...

You'll get £600 a year minus tax from Santander with 20k. That's about as good as it gets at the moment.

[Sideways Rich]

bulldong said:

Hi all,

Where, in today's market, can I put £20k that will give me a return of approx £1-2k (quite high I know but not unattainable) to fund objects like a new kayak, ski passes, and stuff. I don't want to spend the capital but I would like it to allow me guilt free spending on nice activities for myself.

Any ideas?

Spread across some FTSE divi payers should be able to achieve 4% divi"s, obviously a little riskier as the capital could go up or down.