How to invest a windfall | Kellands Gloucester : Kellands (Gloucester) Limited

Kellands (Gloucester) Limited
Financial Management Consultants
The Mustard House
13/14 Barton Street
Tewkesbury GL20 5PP

Tel: 01684 850088

Fax: 01684 850089
E-mail: gloucester@kelland.co.uk

How to invest a windfall!

Some of you will benefit from a sudden windfall during your lifetime. This could be from the lottery. Or it could be from an inheritance or stock options, from a maturing life policy or retirement lump sum, or from selling your business. Whatever, you will need professional financial advice on how to invest your windfall, so contact Kellands Gloucester to help you with your financial planning.

The best starting approach is to take your time. Pay the lump sum into a bank account and let the news sink in. Then weigh up all your options. It makes sense to clear any consumer debts first – loans, overdraft, credit cards and possibly your mortgage.

After that, the real financial planning begins. What you do want to achieve with the money? What is the best way to invest it – cash, equities, property? Kellands Gloucester can help you assess your attitude to risk and devise a balanced portfolio to meet your financial needs.

It is also important to make sure at this stage that a will is written or updated and that you undertake some inheritance tax planning for the future.

So if you are looking to invest a windfall, before you start spending or giving it away, take some professional financial advice. contact Kellands Gloucester, so we can help you plan to enjoy your new found wealth.

Please be aware that the value of investments linked to the stockmarket, and the income from them, may rise or fall depending on market conditions and that you may not always recoup your initial investment. In addition past performance should not be seen as an indication of future performance.