2006-09-11 22:34:45 · 11 answers · asked by dawn_joanne_everton 1 in Business & Finance ➔ Investing
The higher the yield, the higher the risk. Feelin' lucky?
2006-09-11 22:40:33 · answer #1 · answered by thrag 4 · 0⤊ 0⤋
Check on moneysupermarket.com and compare savings to see which gives the highest yield - but it's got to be an ISA!
You could invest in equity but the fees will probably erode most of your £50 - again - check this on moneysupermarket.com. Bear in mind that you may never see that £50.00 again - the stock market can go up in value as well as down.
2006-09-15 07:40:53 · answer #2 · answered by scallywag 4 · 0⤊ 0⤋
I would go for a small gamble and buy premium bonds. I have a few thousand and win approx £50 per month and have won £500 once. The good thing is once you have the bonds you will not be too tempted to cash them in and every month you could win £1,000,000. ps choose the auto re-invest option.
2006-09-12 05:46:10 · answer #3 · answered by JOHN M 1 · 0⤊ 0⤋
barring a flutter on the horses or shares, you do not say if this is a monthly investment.If so a few of the banks are offering rates of 8%-10%gross on monthly savings accounts.ie.LLoydsTSB,Abbey to name two.You can invest less than £50 per month if you wish check them all out..If you just have £50 to invest you can open a savings account at any of the banks or building societies rates around 4.55% to start you off .The higher rates are if you are saving on a regular basis (monthly)
2006-09-12 05:56:20 · answer #4 · answered by dink2006 3 · 0⤊ 0⤋
Buy £50 worth of seeds plant them and let them grow , next year you will have hundreds plants to sell , plants produce more seeds so the year after your produce and profit must grow , this could continue for generations and so your original £50 investment could potentially return billions .
2006-09-12 05:45:00 · answer #5 · answered by Anonymous · 0⤊ 0⤋
If you het 6% that would amount to £3.00 a year before tax, at 4% that is only £2.00.
Is it even worth shopping around? You are talking about 8p a month extra betwenn the nbest and an average rate.
2006-09-12 05:43:46 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Blue Echo 2.10 at Sandown, £50 win.
2006-09-12 05:38:34 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Lucky Lad. 3.15pm Kempton. 8-1.
2006-09-12 05:36:08 · answer #8 · answered by Anonymous · 0⤊ 0⤋
on camelot scratch cards you have a 1/4 chance of winning that means out of 50 cards 12.5 could be winners.
2006-09-12 05:47:49 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Savings acct, best option, go to
http://www.moneysavingexpert.com
2006-09-12 07:32:26 · answer #10 · answered by Anonymous · 0⤊ 0⤋