dont invest in a car, it decreases in value
for a fast buck the stock market is your highest risk (the higher the risk the higher the chance you will make more money
Property for a long term investment
its a good sized deposit and you could get a buy to let flat/house on a buy to let morgage
2006-09-19 00:12:54
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answer #1
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answered by LBB 5
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The most important considerations for good advice are your age and what you are saving for and these you have not disclosed. I note you want high returns which automatically means high risk. How much risk can you accept ?
For savings over at least 5 years, I would recommend a low charging unit trust tracking the FTSE All-Share index.
These funds outperform 80% of the much hyped, fabulously paid fund managers and have no risk of going bust. Over the last 12 months this index rose 25%, but of course will not do that every year, and can also fall.
If you want thrills, buy oil exploration shares. If you want absolute safety, you can get over 5% interest from a bank savings a/c.
If I were you, I would put 1/3 of my money in each, but then, I am a bit of a gambler.
2006-09-19 02:52:04
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answer #2
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answered by Anonymous
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For maximum returns, you want to invest in the options market. I dont know if England has options like in the states, but this will be your biggest return. Good luck.
2006-09-19 03:59:18
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answer #3
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answered by JustJake 5
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In a car, buy one. Or better invest in the stock market on a good company or save the money for a rainy day.
I would invest in the stock market.
2006-09-19 00:05:10
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answer #4
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answered by Waky 2
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If your less than 50yrs old invest it in a general equity fund that tracks top stocks otherwise if your older than 50 invest it in South African government bonds their guaranteed on return and safe no wobbles. Hey don't forget currency conversion benefits.
2006-09-19 00:10:10
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answer #5
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answered by goldeni009 2
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My education.
2006-09-19 00:05:33
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answer #6
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answered by Guppy Fish 2
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Me
2006-09-19 01:03:33
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answer #7
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answered by Anonymous
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