2007-02-05 21:23:47 · 8 answers · asked by babe82 1 in Business & Finance ➔ Investing
If you can afford to tie the money up for a little while and you don't need an immediate return land is probably a good investment. Not in the UK as it's expensive. Try these websites www.loshildickos.com run by and English guy called Julian or www.fullservicelabaronia.com run by a Spanish guy called Gabriel but he speaks good English. They both have some very good investment properties in the area of Alicante in spain and now is an excellent time to buy as there is a new motorway being built in the area which will cause the property prices to rise dramatically.
Good Luck
2007-02-06 01:47:18 · answer #1 · answered by gerrifriend 6 · 0⤊ 0⤋
Invest in yourself first. Take time to find out what you want to invest for, otherwise you can just as well throw it away.
Once you have a goal, you can decide what kinds of investment return you need, which in turn will drive what kind of investment you need to make.
E.g. if 2% a year is sufficient to meet your goal, put it in a savings account at the bank. But if your goal is to become a property mogul, then you need to start learning about properties, and how to make money from it.
It all starts with a dream.
2007-02-06 22:54:44 · answer #2 · answered by Piet Strydom 3 · 0⤊ 0⤋
Look at investing in Trusts that invest directly in China & South Easet Asia,thats where the serious investors are going for capital growth.
2007-02-07 03:26:36 · answer #3 · answered by oldbeangbr 1 · 0⤊ 0⤋
If you're in the UK, you can take advantage of tax-free savings like ISA's.
They're really ignored in this country but they are absolutely a great thing to do. Shop around for a good rate, pick up leaflets in banks and choose one.
They're easy to set up and need little maintenance, unlike shares and other risk-based investments.
In terms of spending it, the best way to use it would be to renovate your kitchen, which would add a lot of value to your property: energy efficient fittings, hard-wearing and stylish surfaces etc.
If you're thinking of your soul as well as your bank balance, then 'gift aid' a charity and invest some in society.
2007-02-05 21:32:32 · answer #4 · answered by Neil_R 3 · 0⤊ 0⤋
Need to set up the basics. No ISAs or any interest-bearing stuff. ADX PEO EWA IAU DBV (currencies) & SNH a start
2007-02-06 01:31:52 · answer #5 · answered by vegas_iwish 5 · 0⤊ 0⤋
Then catch the next plane to Lagos, Nigeria. You will quickly be approached by a variety of entrepreneurs with good ideas.
2007-02-05 21:32:35 · answer #6 · answered by Not Ecky Boy 6 · 1⤊ 1⤋
reprap 3d printer - an open source project that some guys are working on to make the world a better place :D
basically.. make copies of the printer fairly cheaply and sell for like $500+ea on ebay. (noone is doing it yet)
it's my current fascination :D
- you christain?
2007-02-05 21:29:08 · answer #7 · answered by honorablepassion 2 · 0⤊ 1⤋
Real Estate is a winner, just shop around for FSBO's and foreclosures.
2007-02-05 21:33:55 · answer #8 · answered by Anonymous · 0⤊ 1⤋