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Am I guessing that if the lump sum is paying income tax
Nope.
bonus or shares of some kind?
I wish. I am a mere cog and not a big cheese.
Sorry for being obtuse or not grateful for the replies so far but I don't want to explain much more without making certain parts of my private life public. I've nothing to hide and there's nothing nefarious going on but I'm not very anonymous here (things have got better now that much of the forum is not googleable any more). My manager3 will probably have read this and has nothing to be concerned about!
Think of all the things that it could be (both good or bad) and then think why I might not want to have to explain the possible source of the money.
It doesn't matter how/why. Just what would/could one do, and what kind of rates would one expect, if one suddenly had £500k to invest for a 4 year period that wasn't YOLO/FAFO money.
Greenbank-
Right well my experience has been that they are helpful in thinking about how best to navigate tax implications and some value in what/where to invest but I think this part is less valuable these days as most options are open to the consumer. You are therefore simply paying for them to manage your money. Which any other fund with lower % fees will be doing anyway.
If you have 4 years then stick it all in Tesla stock. Musk is best buddies with the president so unlikely to lose over the term.
Or do as the bric nations and move into gold.
Tenderloin
We have an ifs/wealth manager but at the low end of things.
Am I guessing that if the lump sum is paying income tax then it will be bonus or shares of some kind?
Generally I’ve found that the advice has mostly been:
how to do things in the most tax efficient way
Once you’ve got that licked what are you doing with your money to get you a return on it