Say you had £10-£20k to invest?

FF1078

FF1078

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So there are some bright sparks on here. What would you invest say £20k in if it was doing nothing in the bank?
I'm not a gambler but I aren't adverse to a little risk for a higher yeald.
 
daverichardson

daverichardson

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First pay off debts like Credit Card etc
Second Buy your house if you can

Invest
Can you afford to lose it all?
NOT AIM
Maybe Stocks & Shares ISA, Maybe Gold
More information is required here, like level of risk etc
Santander 1,2,3 account has a max limit of £20000 where it it becomes one of the better bank savings
 
Wanderer

Wanderer

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Put it on red. No, black, oh I dunno.....

Or I might put to my 'Bang Kylie before she's 60' fund.....
 
FF1078

FF1078

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daverichardson said:
First pay off debts like Credit Card etc
Second Buy your house if you can

Invest
Can you afford to lose it all?
NOT AIM
Maybe Stocks & Shares ISA, Maybe Gold
More information is required here, like level of risk etc
Santander 1,2,3 account has a max limit of £20000 where it it becomes one of the better bank savings
Click to expand...

No mortgage
No cards
Own my own car so no debt

I can lose it all and not worry but I'd be Fekked off if I did lose it.

I just want to get it to work and earn more than the poor bank rates.
 
GeoffCapes

GeoffCapes

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14,000
rockits said:
Had loads of those for years and ditched them as they were useless. Less than 1% unless you win. I won a fair bit....all pennies.
Click to expand...

My business partner has about 20k in them. Reckons he gets between £50 and £300 a month in wins.
Had £5,000 last year one month.
 
rockits

rockits

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9,178
Luckier than me.....then again I think everyone is. I never bet for that reason. If I give anyone a betting tip....do the opposite! If I bet on red and black....green would come in ;)
 
Doohickey

Doohickey

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I've just got a Santander 123 account to take advantage of the interest on the money; you've got to pay a certain amount in and have a couple of direct debits. Most of my money is in a managed stocks and shares ISA which is getting pretty good returns, though it's a long term play.
 
C

cheshiremaserati

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1,124
Pay for investment advice from a qualified independent financial advisor after giving him a full picture of your assets and liabilities, your attitude to risk and your investment objective over what period if time (such as do you want capital growth or income to top-up a pension or both). Also discuss estate plans and IHT exposure and if your investments have an element of dealing with potential IHT.

Get a full written report based on the fact-find and then decide a way forward - remembering there is always one option often omitted in the recomendations - the option to do nothing.

OR give me your £20k and as an unqualified financial advisor I will find the right home for your investment recognising that your investments may go down as well as up and that you may not get back anything of what you invested.
(That last paragraph is joking and a lighter take on the subject)
 
daverichardson

daverichardson

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Stock Market is low just now with Brexit Trump etc worries so if going into a Shares Isa you need a 5 year timescale (variable)
Decent companies like Shell, Diageo, GSK, Ulvr would 'probably' turn a profit, so on
£20000 you could put say £3000 in your choice of 6 shares and maybe a gambler with £1000 to keep interest alive and blow the other £1000 on variators or something
 
Contigo

Contigo

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Some stock out there is massively oversold where the assets are worth way more than the company Market Cap.

I'd punt £5k into PHE Powerhouse who will have a great year, £2k into Wishbone Gold, £2k into VAST for Gold is on the Up right now. I'd also put £5k into SXX for their potash and £5k into HUR for their oil. As usual do your own research and enjoy the investments.
 
Contigo

Contigo

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Just for fun setup a Portfolio and add those stocks at those values now and see how they are at the end of the year? Even if you don't invest could be good watching them
 
C

cheshiremaserati

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daverichardson said:
You are right but all investments are questionable in one way or another
Research is required before a punt
Click to expand...
But with one difference, I spent 30 years in pharmaceuticals, and over 20 of them with a GSK competitor. I would not sink money into GSK right now cos the CEO knows f×ck all about Pharma. She came in 2017 with a Consumer background after the prior guy (Andrew Witty) screwed it up for too long in a 10 year stint as CEO. To her credit she acknowledges she doesn't have pharma experience and insight and appointed a former colleague (Luke Miels) to run the pharmaceutical side which is where the margin is.
 
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