I have £500 a month to invest, where should I invest it?

Answer 1

That would depend on your level of risk that you are willing to take on.

Low risk: Keep your money in either CDs, Money Market mutual funds, or Tax free governemtn bonds.

Mid risk: Most other Mutual funds, some bigger name stocks that have a consistent track record of growth with less volitility.

HIGH risk: Individual stocks traded on a regualer basis for rapid growth by following swings in the markets. You may need professional advice on this one.

Remember, if you have a long time to invest (20+ years) you can take on a higher level of risk. If you're retiring in 5 years, invest in lower risk investments. More risk usually means more profits, but only over the long haul.

Answer 2

You should have at least 3 months of expenses as an emergency fund in a liquid account (easily accessible) preferably in a high interest savings or a money market account. If you rent, you should start saving for a down payment on your first house. A house is the best investment you could ever make. After you have all that saved up then you should start investing for your retirement. I'm not sure what plans you have compared to america but a great one for young investors here is a Roth IRA. Hope this helps.

Answer 3

I would recommend just investing in Vanguard. It's an index fund which invests the money in a cross section of the market. Most mutual funds are not worth it when you factor in fees, and most people who actively invest themselves are taking on a lot more risk than they realize. You CERTAINLY DON'T want to invest in just one or two stocks with your savings. Even if you do your research, everyone else is doing the same research you are. Generally, stocks are priced the way they are for a reason.

Answer 4

In the post office you can invest up to £30.000 & you get a chance to win a million every week!

Answer 5

If you are serious about investing, check out some recommendations at http://www.ibooyah.com

Answer 6

You'll get paid this Friday $400 dollars, every two people are worth $100 dollars. The company name is "Health First Technologies," They give you leads and answer every e-mail for you with a welcome. The "enrolles"="sales" if they make a sale, thats $600 dollars that following week, plus "leadership" bonus money. thats almost $1,225 dollars in two weeks. "Health First Technologies is the highest paying HomeBased businesss in the world!" http://715289980.gohft.com/

Answer 7

Contact me, you could invest in my friends creative hotshop.

Answer 8

Do you want instant acess to your money? if so, ING direct is currently paying 4.50% interest which is paid monthly. Or Nationwide Building Society also have good rates for savers.

Answer 9

in my bank account. No seriously i heard egg accounts are good look at all savings account and one with the longest and highest interest rates or you could be reckless and buy shares.

Answer 10

Well to be sure put up into franchise. If you want you can email me
i am female a sincere person nothing to worry about.

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