What can I do with 50000 pounds?

by Simon Joy Reddy|27 Nov 2020|Finance|Investing|353 views
Just leaving all your savings in most bank accounts is little better than hiding it under the floorboards. Here's what you could do with a windfall.
  • Pay off your debts.
  • Cash in on ISAs.
  • Stash in a savings or current account.
  • Save some in a stocks & shares ISA.
  • Put some in a pension.
  • More on savings and investments:

Correspondingly, where can I invest 50000 for 1 year?

List of Best Mutual Fund to Invest for 1 Year
  1. 1 YR Return.
  2. 3 YR Return. Mirae Asset Emerging Bluechip Fund Direct Growth. 59.87. 18.67% 14.79% SBI Magnum MultiCap Fund Direct Growth. 53.63. 15.68% 11.27% DSP Equity Opportunities Fund Direct Growth. 243.59. 15.07% 10.59% SBI Bluechip Fund Direct Growth. 43.97. 15.02% 10.39%

Furthermore, what should I invest 50k in UK?

Diversify your exposure
  • High-quality FTSE 100 companies for long-term growth and dividends.
  • A mix of top mid-cap and small-cap UK stocks for higher growth.
  • Top-performing global equity funds such as Fundsmith and Lindsell Train that invest in world-class businesses listed internationally.

Which investments have the best returns?

Top 10 investment options
  • Direct equity. Investing in stocks may not be everyone's cup of tea as it's a volatile asset class and there is no guarantee of returns.
  • Equity mutual funds.
  • Debt mutual funds.
  • National Pension System (NPS)
  • Public Provident Fund (PPF)
  • Bank fixed deposit (FD)
  • Senior Citizens' Saving Scheme (SCSS)
  • Real Estate.

What will 50k be worth in 20 years?

Interest Calculator for $50,000. How much will an investment of $50,000 be worth in the future? At the end of 20 years, your savings will have grown to $160,357. You will have earned in $110,357 in interest.

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