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I have absolutely no idea what i'm doing but would like to give it a try, ow does it work and what should i do?

2006-12-06 04:39:56 · 13 answers · asked by Anonymous in Business & Finance Investing

13 answers

Risk? Well, if you are in the UK, you probably know that nobody here can legally give financial advice to you. Unless they are an IFA (Financial Advisor).

However, the risk is that you will lose your money as you try to make it grow. If I were looking to invest money, I would be looking for less risky advice than you will get here.

Shares would be an obvious choice, but its a dangerous game for someone who doesn't know what investment even means. Be careful.

2006-12-06 04:41:59 · answer #1 · answered by Carl 3 · 0 0

Only invest money that you would be OK if you lost it. Meaning don't invest your mortgage payment. all ways start of small you can aways put more in to it later. And with any investment you take a risk. make sure you know every thing about it before going in. And its good to have some luck to. Good Luck

2006-12-06 04:44:31 · answer #2 · answered by Lara <:(((>< 4 · 0 0

Yes, GBP2000 is very small amount and it is impossible to start your business.

It is possible to start currency trading. But if you have no experience then it would be related with high risk. So if you don't have sufficient experience you may to invest it with any trader taht accepts private investments.

I'm forex trader - analyst and I accept private investments. Usually I pay to investors at least 5% monthly for 12 months. Reasonable investment amount is US$10K and above but minimum could be from US$2000. investment in GBP is also possible.

If you are interesting in collaboration then PM or e-mail me (press my name) and I provide you with further details

2006-12-06 05:20:51 · answer #3 · answered by VP 3 · 0 0

Investment is putting your money into something that will hopefully in return bring you more money.
There are various risk levels:
junk bonds = worst, don't ever do it.
stock market = nothing is guaranteed, but rewards can be good
bank = some mutual funds and IRAs and short-term bonds are at least fairly safe..
I would start by talking to business people, gather info and then get myself a financial advisor.

2006-12-06 04:47:09 · answer #4 · answered by watcherd 4 · 0 0

investment is ANYTHING that you put money into and in the end receive profit in return. There are so many different kinds of investments.....stocks, savings accounts, diamonds (yeah really the round cut are doubling in value every decade) houses, retirement plans, and so on and so forth. i would suggest that you go to a bank and sit down to speak with someone who could advise you. There are just so many different things you could do. As well as sooooooo many different out comes that could happen. most investments are like gambeling. Just be sure to get all the information before you sink your savings into something!!!!

2006-12-06 04:47:27 · answer #5 · answered by the_one 2 · 0 0

Be very careful, people will happilly rip off off for 5pound never mind two grand, Go to bank and invest in shares and play the stockmarket. Most high street banks do this i believe. or leave in bank gaining interest until sure about what to do . Remember if it's too good to be true it is probably a scam. also 2 grand would get you a good training course in industry where you could develop a career.

2006-12-06 04:52:48 · answer #6 · answered by Anonymous · 0 0

The worst thing to do with cash is to do nothing . . . either spend it on somethign that will create personal value for you, such as vacations or stuff or find a way to spend it on something that provides a specific financial return. What you do with it depends on your circumstances and feeligns regarding risk. Thinks like CD's or bonds are low risk but have relatively little pay-off. Stocks, small business ventures, real estate, etc. all have different risk profiles and returns.

2006-12-06 04:51:28 · answer #7 · answered by gdmagic 2 · 0 0

You could invest in premium bonds. If you buy the maximum amount it yields between 10% to 15% return per annum. Also your capital is fully refundable. If you want to invest in shares, I would suggest joining a share club. Your commitment is around £50 per month and the risk is shared. Try this link for info http://www.proshareclubs.co.uk/ regards...

2006-12-06 06:37:41 · answer #8 · answered by naplusultra 4 · 1 0

Probably the best thing to do with £ 2k is an ISA - its a tax free investment or seek advice from an IFA. Go to IFA Promotions for the local adviser in your area.

2006-12-07 03:28:13 · answer #9 · answered by burlyone79 2 · 0 0

the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.

2014-12-18 13:41:03 · answer #10 · answered by Anonymous · 0 0

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