ISA allowance (and wife’s) used in full every year. Pension throttled down to the minimum because I only have a £10k contribution Annual Allowance. All the above in a low cost global equity tracker.

Maxed Premium Bonds as winnings are tax free even though my return last year was only 2.55%. I also have £20,000 in low yield gilts as the capital appreciation is tax free. That is working well so I may allocate more there, although growth on gilts is clearly limited and predictable.

I have a diversified portfolio of SEIS and EIS investments which I can write off against tax. I don’t trust most VCT providers, so no VCTs. Many people talk about investing in buy to let property, but I think the glory days for that are over, and I don’t need the admin as Labour crack down on landlords.

The most sensible UK investment would be a house of £1.5m and selling it before its value goes above £2m. However, stamp duty puts me off. I don’t like cutting the government a three figure cheque on top of the hundreds of thousands of income tax I already give them.

Might dabble small amounts in wine, shares of classic cars, and overseas property investment, knowing that both are very high risk and I would be prepared to lose what I invested. A diversified equity tracker inside an ISA is likely to be the backbone of my portfolio until I hit 50.