I have £500.00 to invest. What should I invest in?

Question

I am in England, I don't mind not making an immediate return and I don't mind a bit of a risk. Ultimatley though, I would like to get as big a return as possible.

Answer 1

With such a miniscule amount, all you can do is buy and sell goods at a profit and keep reinvesting the profits.. Investing in a financial institution would be just wasting the money and the time.

Answer 2

You dont really need to invest - Start a home business with a fully regulated company with 28 years track record. I recommend Forever Living Products - you can do as many or as few hours as you like and typically on 1-2 hours a day you will earn £1200 per month after 5 months and £30-£40k per year after 2-3 years - if you do more hours you should get more.

They are a $2 billion company growing at 25% per year and need a lot more people - no investment required also, regulated by Dti and Office of Fair trading and have investors in people award also.

link is: www.efi-international.com

Answer 3

Visit swisscash,net
I am an investor with them and have a US$50K portfolio there. I'm getting paid every month on time as promised and guaranteed. The average returns are 20% per MONTH!
You can recover your initial investment amount within 8 months and then it's profits on the run from there.
Read the details...it's easy to understand.
It's not an MLM...nothing to 'market'. You can just be an investor and reap ur returns which are guaranteed as stipulated.
You can visit my financial site provided by them at www.swisscash.net/sgamk1632202
I am in touch with some senior consultants of Swisscash and I must say, they are serious dynamic professionals and I'm confident they will be profitable for at least the next few years.
You definitely won't regret...anyway, u only stand to loose 500GBPs while mine is US$50,000! : )

Answer 4

£500.00 is not really enough money for a lucrative investment. You're probably best off putting it in a high interest savings account.

If you have any debt you are probably better of paying some of it off as the interest rate on a loan/overdraft is higher than any savings account could give.

Any financial advisor will tell you to pay off any high interest loans/credit cards foirst before investing money.

Shares won't be that profitable for you. For those of us without an Abramovich-sized portfolio, trading shares is less rewarding because of dealing costs; these alone can snack a sizeable chunk off the investment returns.

Many savings accounts pay less than inflation after tax, meaning your money’s shrinking. The key cause is the savings sin of just dumping cash in your bank’s account, but even those who once shopped around are often punished for assuming their rate’s still good.

Try: Two accounts pay very high interest, but don’t pay interest in any month you make a withdrawal. If you’re looking for a simple long term place to stash cash, these are the place as they’ve the highest rates; yet if you may need to regularly access the money, avoid them. When you do need to withdraw money with these, always do it at the beginning of the calendar month to minimise the interest loss.



For savings over £5,000. Alliance and Leicester’s DirectSaver no-notice account is available online or over the phone and pays a whopping 5.8% AER, if you’ve a minimum £5,000 and maximum £100,000 balance.


For savings under £5000 then HSBC’s* new Online Saver account at 5.75% AER can be opened with £1, and allows balances up to £50,000. It’s available to both new customers and existing HSBC customers (though those specifically with the old online saver can contact the bank to close the account and open up the new one, but won’t be moved automatically).


OR

Icelandic Bank Landsbanki's Icesave account offers a huge 5.7% AER with no tricks or short term bonuses, on all balances above £250. However, Landsbanki is new to the UK market and has been popular since its launch; unfortunately this overdemand means it's now announced it may take up to 10 days to respond to e-mail queries. Like ICICI (see below) and all UK banks it's FSA-regulated, plus it's also signed up to the Banking Code.

..................

I hope this all helps. :)

Answer 5

This has got to be a joke? or maybe a misprint? five hundred pounds?
Off the top of my head I would say that if you invest it really well then after 10 years it could be worth £1500 , which in turn would be worth about £500 at todays values. Back to square one!
Or if you could get say 5% interest, that would generate an income of around £1 per week without touching the capital!

Answer 6

There are literally stackloads of options available... one I recommend being an online lending exchange set up by the same guy who created the EGG brand + a few other people who formerly worked at major financial institutions.
Basically it allows you to lend out your money at interest rates you choose, and they also operate scheme where both parties get paid £30 for each person you get to sign-up, and they lend-out or borrow £500 or more http://www.zopa.com/ZopaWeb/affiliate/?referral=duck1979
It's been featured twice on leading financial website fool.co.uk twice:
http://www.fool.co.uk/news/comment/2006/c060406d.htm
http://www.fool.co.uk/news/your-money/loans/2005/09/16/how-to-borrow-cheaply-become-a-bank.aspx

The stockmarket is also another option, provided you don't mind nearly filling your pants as you watch the value of your portfolio rise & fall. With the HALIFAX SHAREBUILDER account, you can buy shares for a commission fee of £1.50 (£5 to sell them)... probably best bet if you do go for that option would be to invest in HBOS shares that also pay out a large dividend.
About Sharebuilder: http://www.halifax.co.uk/sharedealing/sharebuilder.shtml
Stock Quote for HBOS:
http://quote.fool.co.uk/Hop2Partner.aspx?page=forecasts&symbols=HBOS
Or perhaps Manganese Bronze (MNGS) instead, makers of the London Taxi: http://quote.fool.co.uk/Hop2Partner.aspx?page=forecasts&symbols=MNGS
(I made over 200% profit on this one, turning a £5 investment into a holding worth £16, and I reckon could gain more once the stockmarket quits dropping like it has been lately)

But if you do go down that route, you may want to read through this article on FOOL UK on investing in the stockmarket before doing anything else about it:
http://www.fool.co.uk/school/2006/sch060130.htm
And do a little practise here:
http://www.bullbearings.co.uk

Or you could just stick it in a savings account like one of these:
http://www.fool.co.uk/savings/compare-savings-accounts.aspx

Or finally, there's "Premium Bonds" + "Income Bonds" from National Savings & Investments:
http://www.nsandi.com/products/pb/index.jsp
http://www.nsandi.com/products/ib/index.jsp

Answer 7

Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/ed075

Answer 8

Invest 10,000-20,000 in getting the knowledge. Spend the money to learn about investment invarious instruments.

Do not do it without the knowledge, you will soon lose all the money and get a lot of heart ache

Answer 9

Invest in a personal financial education. Try the Rich Dad series of books, Suzy Ormonde is another author that springs to mind.

And then do what they say!!!!!

Answer 10

the best trading software http://tradingsolution.info
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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.