Chip

Got a few pennies coming my way shortly and want to invest it. Already have portfolio of shares , wondering whether its worth adding to this or putting the money somewhere else. Dont mind a bit of risk. Any ideas.

Chip.

paul w

Put 15-25% down on a 3 bed terrace in cardiff and let it to 4 students, should get 4 to 5 1/2 big uns off it in rent or even let it private and still make a good return.

Paul

yoza

If you dont mind a bit of a risk your options are boundless....

Hows about a 50 fold increase in say 2-3 weeks
With the small risk being a 6-8 stretch and your assets being auctioned off by the police.

Or stick it on a horse at 10-1

Seriously though,I would find out where Subaru buy there MAF censors from(ie original manufacturers)and buy as many as you can afford(buy in bulk for much cheapness)Then sell them in the for sale section for £25 less than Subaru.You will be a very rich man in a short space of time......

Later Yoza the entrepreneur(yes,the one who had to sell his watch to buy a set of tyres )

m18use

Spend it all on rolls royce shares currently at 88p
im gonna,worth a try normally well over a pound

Dave P

m18use. A lot of shares used to be worth over a pound. Enron, Worldcom, Marconi to name but a few.....

JFB

Steady Mouse! There's a "black hole" in their pension that needs filling so be careful.

Cheers

Jerome

pslewis

Avoid the word used above 'Normally' - RR shares 'normally' over £1 NOW 88p!! BUY BUY BUY

What were Marconi, 'Normally'??

Best investment is to pay your debts off - all of them!!

I have exactly the problem you have, however, I am VERY vary of risk!!

Housing has seen its growth for a few years now, shares still have a way to fall, deposit accounts are a waste of space, gold is good but only if there is a big war, art? too risky!

Pete

fast bloke

Pete - If you are risk adverse, talk to L&G. They have a split deposit/bond that pays guaranteed 6% pa total for income or growth.

If you are risk positive you could try RR, but they have no news to change things drastically. If it was my money I would look at Abbey National. AN is the weakest banking/insurance stock but when (note not if) the takeover comes you are looking at 40% growth on investment per week. I might wait a couple of weeks until they announce Q4 results as you could be looking at a car boot sale. They are expected to lose 3 billion last year.


btw - the other alternative is to send it to me. I can offer a guarantee thatI wil enjoy it withut any doubt

Andy-P

If, like me, you're a bit ignorant and uneducated in where/what/how to invest your money, it might be worth your while reading a couple of books that might put you in the right direction.

"Ordinary People, Extraordinary Wealth"
http://www.amazon.co.uk/exec/obidos/...553227-4475040
An American orientated book, but the principles are the same, although the first half of the book is probably as far as you'll need to read.

"Winning with Shares"
http://www.amazon.co.uk/exec/obidos/...553227-4475040
UK based book. I can't stand the author on tv, but I've found his book very informative and eye opening.

I'd probably read Winning with Shares first if anyone asked which was the better. But, they've both helped me a lot.

Cheers and good luck.


[Edited by Andy-P - 2/9/2003 11:37:55 AM]

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