I want to work for myself but not to hard or not work at all or I would like the money to work for me.
2007-03-01 08:54:27 · 18 answers · asked by daggsdave 2 in Business & Finance ➔ Investing
Well....you are not going to be able to survive with the interest from £15k as your only income...so I am afraid u would still need to work..
But to make the most of your money I suggest you use your ISA allowance (which is £7000 every year) and then open a Bond with the remaining 8k....
2007-03-01 09:05:20 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I just put my investment into a high interest locked bank bond.
15 grand is a good starting point but no where near a retirement amount.
2007-03-01 17:10:33 · answer #2 · answered by Stuart will2000 1 · 1⤊ 0⤋
15 grand won't make you that much. The markets are down right now, it might actually be a good time to get in. Look into International Equity funds.
2007-03-01 17:02:06 · answer #3 · answered by Louis G 6 · 0⤊ 0⤋
I would first pose a question like this on here - then i would close it after 45 mins and split the cash between all those great people who had been nice enough to reply in that time!!!!!!!!!
2007-03-01 17:26:16 · answer #4 · answered by starcadet2000 2 · 0⤊ 0⤋
A motorcycle/side car combo,then I could take me and my dog on a tour round Britain in the summer.
2007-03-01 17:04:42 · answer #5 · answered by ? 5 · 0⤊ 0⤋
shares..but not at the moment the market is like a coaster, i would put it into any business ideas you may of had as a young man/woman. Use it to develop your idea and then aproach a business man/woman to invest into yourcompany/idea.
2007-03-01 16:58:27 · answer #6 · answered by DropAHeartBreakAName 1 · 0⤊ 0⤋
Buy something that you can sell on again.....perhaps on e-bay? I would buy more horses for my business, and sell them on......this is hard work.....nothing comes easy or for free.......whatever you decide to do, put lots and lots of effort into it.
2007-03-01 16:59:17 · answer #7 · answered by doingitallforwrenches 3 · 2⤊ 0⤋
a bigger wallet. J/K. I would call and talk to a handful of financial representatives about your options.
2007-03-01 16:57:57 · answer #8 · answered by Right_Tonight 3 · 1⤊ 0⤋
At my age, I wouldn't invest it in anything except pleasure.
2007-03-01 17:04:41 · answer #9 · answered by Afi 7 · 0⤊ 1⤋
ETFs.
You cannot retire with such a small amount.
Work harder.
Save more.
Spend less.
2007-03-02 00:29:57 · answer #10 · answered by Anonymous · 1⤊ 1⤋