How to invest the Euromillions in todays Climate
How to invest the Euromillions in todays Climate
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Discussion

Topboy

Original Poster:

653 posts

275 months

Friday 6th March 2009
quotequote all
Ok i know there is another thread running about how you would spend the 85 mil if you won it BUT this thread is different

Considering todays Economic Climate, the state the banks are in, and the stock exchange, how would you safely invest the 85 mill from the Euromillions if you won it?

Consider the following

You are not going to spend any of the money

You are going to try and invest it safely and draw of the interest

What is the safest way

RDM

1,860 posts

223 months

Friday 6th March 2009
quotequote all
I reckon Arms dealing would be the only sure-fire no loss option.

Jasandjules

71,175 posts

245 months

Friday 6th March 2009
quotequote all
Why the f**k would I invest it? I'd be spending 10 million quid in the first month............... But I suppose I'd buy a few houses here and a few abroad to start letting them out (though I'd make use of the holiday homes as well I rather think).

GTO Scott

3,816 posts

240 months

Friday 6th March 2009
quotequote all
£85m?

Sod investments, that would pay for one hell of a weekend away, and the replacement kidneys, lungs, liver and heart that would be required afterwards nuts

Topboy

Original Poster:

653 posts

275 months

Friday 6th March 2009
quotequote all
Ok guys i know it's Friday night and all that BUT your only allowed to invest it in the finacial sector. No Coke or hookers allowed...;)

Whats the safest way

Neil_H

15,403 posts

267 months

Friday 6th March 2009
quotequote all
Good time to buy property if you have tons of cash to buy it with.

Jasandjules

71,175 posts

245 months

Friday 6th March 2009
quotequote all
Topboy said:
Ok guys i know it's Friday night and all that BUT your only allowed to invest it in the finacial sector. No Coke or hookers allowed...;)

Whats the safest way
I didn't read only the financial sector in the OP.

IN any event, I wouldn't invest ANY full amount of winnings in ANY one sector or idea. Have you not heard of investing in Umbrellas and Suntan Lotion?

So, I would buy some bonds (actually, Gilts and rather a lot of them to guarantee, well at least as well as possible, an income stream), I would put some in a pension fund... Perhaps buy rather a few AIM shares for a punt.

BUT< being realistic, I wouldn't only invest in financial markets, after all, I used to work there, I know what happens.......

The Ben

1,623 posts

233 months

Friday 6th March 2009
quotequote all
buy a bank and employ people to run it correctly!

m3jappa

6,756 posts

234 months

Friday 6th March 2009
quotequote all
As above, sod any investment. Why would you want to take ANY risk with that amount of money already in a (safe) bank if there is such a thing.

My god though i would be good at spending it laugh

Topboy

Original Poster:

653 posts

275 months

Friday 6th March 2009
quotequote all
m3jappa said:
As above, sod any investment. Why would you want to take ANY risk with that amount of money already in a (safe) bank if there is such a thing.

My god though i would be good at spending it laugh
Thats my point

What is a safe bank in todays terms.

If you put the lot into a high interest account and the bank goes under then your stuffed

Edited by Topboy on Friday 6th March 21:39

arryb

10,908 posts

218 months

Friday 6th March 2009
quotequote all
Buy complete towns worth of houses? hehe

Schermerhorn

4,350 posts

205 months

Friday 6th March 2009
quotequote all
Become an arms dealer.

Buy a tank


village idiot

3,210 posts

283 months

Friday 6th March 2009
quotequote all
buy half the available property in the county using interest-only mortgages... then sit back, wait for hyper-inflatipon to kick in and then pay off all the mortgage balances for the same price as a loaf of bread...

i think that works?

Superhoop

4,768 posts

209 months

Friday 6th March 2009
quotequote all
The worst ' I just won £85m on the Euro Millions lottery' thread ever.....