If you had £1000 what would you do for minimum risk but maximum profit?

Answer 1

A cash ISA, but check around, there are plenty of financial websites where you can find out the different interest rates etc. Not all banks or financial institutions offering cash ISAs are the same.
One good website for information is iii.co.uk

which may also educate you about stocks and shares (if you so desire), but maybe now, is not a good time to get involved in stocks and shares UNLESS you want to choose a major company and hold the shares for many years.

Some of the following answers have a great risk attached - ie. shares in various companies. Also if you go for Premium Bonds you have the risk of making nothing ie. you are gambling with any prospective interest.

It basically boils down to how long you wish to invest for, maybe paying it off a mortgage (if you have one) will give the best return.

Always remember though - the higher the potential return, the higher the risk!

Answer 2

If you only have £1000, you better buy a premium bond for the hope of something big and save the rest in a cash ISA (6% tax free) for a rainy day.

When you have enough to keep you for 3 -6 months out of work and enough to put down for a house deposit, you can then think of unit trusts and the stock market. It is a long road and it needs sensible planning.

Answer 3

Binary options let users trade in currency pairs and stocks for various predetermined time-periods, minimal of which is 30 seconds. Executing trades is straightforward. The system uses user-friendly interfaces, which even an 8 years old kid, can operate without having to read any instructions. But winning trades is Not easy.
Binary trading is advertised as the only genuine system that lets users earn preposterous amounts of money in ridiculously short period of time. Advertisers try to implicate as if you can make $350 every 60 seconds; if it was true then binary trading would truly be an astonishing business.
However, does it make any sense? Can every trader make tons of money in binary trading? Who is actually paying all the money or the profit to traders?
The first challenge is finding a trustworthy binary broker; secondly, you need to find a binary trading strategy, which you can use to make profits consistently. Without an effective trading strategy, there is no way you can make money in this business.
Learning a profitable trading strategy is possible, You should watch this presentation video https://tr.im/16635
It's probably the best way to learn how to win with binary option

Answer 4

If I had a spare £1000 I'd go for maximum profit (higher risk shares).

If it was my only £1000 I'd go for minimum risk (high street bank account).

Answer 5

For minimum risk look towards Bonds for long term investments, CD's for mid length investments or high yield savings accounts for short term investment.


For maximum return do your research and find a good stock such as TBSI or DRYS. A mutual fund offers low risk, at moderate returns.

Two good mutual funds are : Fidelity Growth and income FGRIX and Fidelity Fifty FFTYX

Answer 6

You need to get some sort of financial education ...

.. essentially there is a direct trade off between RISK and REWARD (i.e. profit). ..

.. all you can hope to achieve is a 'balance' between the two, all the way from zero RISK == zero REWARD (put in Bank Account) to Maximum RISK = Maximum REWARD (buy National Lottery Tickets ..)

Answer 7

If you are thinking of investing the money then a cash ISA is a good savings account and they are tax free, you can also take the money out at any time. Most banks and building societies offer them, also available for National Savings, but shop around for the best interest rate. You are only allowed to open one ISA account per year but can save upto £3000 in it.

Answer 8

You can't succed in binary trading without a strategy, a good method to follow and some kind of software support. They program I use is called "Autobinary signals". It helps finding loopholes for guaranteed returns. It's very easy to use and I'm earning good money. You find all the details on this site: http://tradingsignal.toptips.org

Answer 9

high street accounts are rubbish and premium bonds guarantee no win and dont accumulate interest! but theres no risk!

stocks and shares are risky unless you bought tesco or another really low risk stock.. and collect the dividend + the capital gain if any

Mini cash ISA's can pay upto 8% anually and are low risk

But i think goverment bonds or GILTS would be best, they pay a coupon untill they reach maturity and carry a low degree of risk. As have you ever heard of a goverment going bust, i think not!!

But sadly risk is always in relation to return AIM stocks show high yeilds of return over 2-5 years but sometimes they stay neutral or plummet!!

good luck

Answer 10

That is a good question and you should be able to get a nice return from that and build on it. With a little research you will not go wrong in putting that into the stock market. You will always come out on top with a little research. Small cap stocks are perfect for doubling and tripling your money, i have been using http://goldenbullpicks.com check them out,you will be impressed!