2006-12-21 00:45:50 · 16 answers · asked by tommy 1 in Business & Finance ➔ Investing
Depends what the ultimate use of the money is, but if it is for some 'far off' goal (like retirement), the best thing to do with it would be to put £10,000 into each of 5 different style investments. (for eg a very aggressive growth fund, an international equity fund, a domestic "blue chip" fund, a bond fund of some sort, and perhaps 10K in a high-interest cash vehicle.
2006-12-21 01:53:34 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Objective? World needs eradication of poverty, edducation, health etc, etc. Home needs children's education. Personally it depends on your risk profile. The higher the risk, the better the returns. Casino gives quick returns. Lottery gives big returns relatively to input. Shares give good returns but over longer period. Properties even slower and harder to get out. Fixed deposit makes you sleep better but more fun watching grass grow. I guess you are the master of your own destiny. You reap what you sow. Come to think of it, grow something: you may end up like jack and the beanstalk. Your question - I forgot - was where. How about under your matress. You do not have to worry about asking such questions and perhaps be cheated by some greedy bastards.
2006-12-21 01:02:54 · answer #2 · answered by Tom Cat 4 · 0⤊ 0⤋
Buy-to-let investment property. Get an interest-only mortgage on a £200-£250k property. Your tenancy income will exceed your mortgage repayments and your capital value will appreciate to make a total yield in the region of 20-30% depending on what kind of tenancy deal you get. Try and buy a council-managed property if you can find one, as they pay a premium, guarantee a return to state, and even take care of some of the maintenance.
2006-12-21 00:55:52 · answer #3 · answered by johninmelb 4 · 0⤊ 0⤋
If you're in the US I would say Prosper. The UK has a similar service but I don't know the name. You can earn up to 30% buying promissory notes in a relatively low to medium risk investment vehicle.
2006-12-21 01:36:30 · answer #4 · answered by Anonymous · 0⤊ 0⤋
The Stock Market.
2006-12-21 00:53:46 · answer #5 · answered by Shani 1 · 0⤊ 1⤋
Many of this questions came up before and no iniciative had been taken from genuine advices. It only shows that people don't have the money on them. So why should I bother to give advice?
Prove me wrong.
2006-12-22 02:42:37 · answer #6 · answered by Anonymous · 0⤊ 0⤋
75% direct equity, 5% cash, 20% coorprate bonds
2006-12-22 23:07:52 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Hi,
I think you could start your own stock or currency trading.
I could introduce you to brokerage company in Austria that allows to trade cfd, commodities, metals, currencies (forex).
If you open trading under my referral I provide you with trading techniques that I am using for 5 years.
Also you may find trader who accepts private investments or who could manage your funds at your account.
If you are interestin then please e-mail or pm me (press on my name)
Good luck!
2006-12-21 01:24:38 · answer #8 · answered by VP 3 · 0⤊ 1⤋
put 30,000 of it as nice an interest bearing acct. you can find and educate yourself trading stocks.
then use the 20k to start trading with.....
no need to go all in
2006-12-21 21:39:45 · answer #9 · answered by Sizzle Pizzle 3 · 0⤊ 0⤋