THIS IS NOT ADVICE IT IS PERSONAL EXPERIENCE. I ADVISE YOU TO IGNORE THIS Spread the risk of shares by investing in unit trusts Fidelity are above average - if you buy European the return has been superb over the longer term. EDIT THIS CAN BE SEEN IN BEST PERFORMING FUND MANAGEMENT LISTS your money is divided between many different companies, and you rely on the skills of a fund manager to pick the best companies to buy into. https://www.fidelity.co.uk/investor/default.page?WT.srch=1&gclid=CLTQo8eoi6oCFZRX4QodR2iexw EDIT WARNING THIS IS NOT ADVICE THIS IS NOT ADVICE Each trust has a clear graph for you to see the returns over set times. https://www.fidelity.co.uk/investor/research-funds/fund-prices/default.page?smid=fifzz6ef EDIT PHEW - I THINK I MIGHT HAVE GOT AWAY WITH IT
Spread the risk of shares by investing in unit trusts Fidelity are above average - if you buy European the return has been superb over the longer term. your money is divided between many different companies, and you rely on the skills of a fund manager to pick the best companies to buy into. https://www.fidelity.co.uk/investor/default.page?WT.srch=1&gclid=CLTQo8eoi6oCFZRX4QodR2iexw
Start a debt collecting business or invest in one. You could make some serious cash and your profile picture CrayAddick looks real scary so i am sure you you will be a market leader in a few months. If you want to make it tax efficient you could always wrapped it up in a unit trust or ISA
Spread the risk of shares by investing in unit trusts Fidelity are above average - if you buy European the return has been superb over the longer term. your money is divided between many different companies, and you rely on the skills of a fund manager to pick the best companies to buy into. https://www.fidelity.co.uk/investor/default.page?WT.srch=1&gclid=CLTQo8eoi6oCFZRX4QodR2iexw
OK edited to absolve me of those whale catchers at the FSA who might pick on minnows. Just my experience, stuff goes up and down, and theres lots of choice, seek someone who knows something, there are many companies out there, and watch the slippery steps and mind your head and dont talk to strangers
CrayAddick All these suggestions are laudable but will not give you the ginormous returns you crave. May I suggest that you invest in an unusual Nigerian enterprise which could (undoubtedly WILL) provide you with over $25 million? Follow the link http://www.scamorama.com/scam1.shtml
I am waiting for my share - I'm sure it won't be long in coming.
Hire him and ask his advice about solar panels...which companies may be worth investing in.
If you have a house with a south facing roof then you will get a good long term deal re spending about 7k on solar panels, and then selling the electricity to the electric company and making about 36k on the long haul of 25 years. Each year you will save enough money off your electric bills to pay for your season ticket..
just a word of warning.............there are other fund management companies than Fidelity.
By all means use FundsNetwork (owned & operated by Fidelity) but then invest in a range of funds by a range of fund managers..
Floyd Montana might not know it but by advising you a particular fund like he (or she) did then he (or she) has just given you advice, and therefore, fallen foul of FSA rules ..................
As I said before - if you want to know all the whys & where fors then seek Independant advice - I can't do it on here as it is more than my jobs worth...........and I don't usually reply to whispers etc on here as I am not in the market to solicit clients.
You can do two things, either buy a shares within an ISA (although you can only buy shares on the main market and not AIM to put in an ISA), or drip feed in a certain amount per month - say buy £100/200 a month. The benefit of this is that all gains are protected from Capital Gains Tax regardless of how much profit you make, but there's a limit on how much you can invest.
The idea of investing in a Unit Trust via an ISA is also wise and suits the drip-feed investment pattern better. I'm not so sure European Funds are what I would be choosing right now though. Gold has broken through the $1600/ounce mark and as Leroy and I (and others) have pointed out that might be the wiser investment. In America Congress is having major budget wrangles with both political parties playing brinkmanship over how the massive US Federal budget will be brought under control. In Europe there's a very real chance that Greece and one or two other EU nations might default. Gold is a safe hedge against that.
just a word of warning.............there are other fund management companies than Fidelity.
By all means use FundsNetwork (owned & operated by Fidelity) but then invest in a range of funds by a range of fund managers..
Ok thanks
Floyd Montana might not know it but by advising you a particular fund like he (or she) did then he (or she) has just given you advice, and therefore, fallen foul of FSA rules ..................
As I said before - if you want to know all the whys & where fors then seek Independant advice - I can't do it on here as it is more than my jobs worth...........and I don't usually reply to whispers etc on here as I am not in the market to solicit clients.
Gold has risen $80 an oz since the 7th of this month.
And me me personally over a split of $300 in the last 6 months. Ok I don't have hundreds of oz's but I am doing well. My target price to sell is almost reached and I will (Hopefully) be buying a house to do up in Northern France this summer.
Gold has risen $80 an oz since the 7th of this month.
And me me personally over a split of $300 in the last 6 months. Ok I don't have hundreds of oz's but I am doing well. My target price to sell is almost reached and I will (Hopefully) be buying a house to do up in Northern France this summer.
Your saying you bought a bit of gold and now have enough dosh to buy a house abroad?
Gold has risen $80 an oz since the 7th of this month.
And me me personally over a split of $300 in the last 6 months. Ok I don't have hundreds of oz's but I am doing well. My target price to sell is almost reached and I will (Hopefully) be buying a house to do up in Northern France this summer.
Your saying you bought a bit of gold and now have enough dosh to buy a house abroad?
I think 'a bit' is optimistic - 'a lot' would be more accurate
Gold has risen $80 an oz since the 7th of this month.
And me me personally over a split of $300 in the last 6 months. Ok I don't have hundreds of oz's but I am doing well. My target price to sell is almost reached and I will (Hopefully) be buying a house to do up in Northern France this summer.
Your saying you bought a bit of gold and now have enough dosh to buy a house abroad?
I think 'a bit' is optimistic - 'a lot' would be more accurate
I have bought small amounts of gold over the years, and I did step that up over the last 6 months. I will have the money for a deposit and around 1/3rd of the costs for the renovation.
But alas unless the price where to tipple over night I still need the banks help.
I got burnt over stocks in the past Railtrack being one, and decided to move away from that and into something that wasn't as high risk. I had no idea what was going to happen with the price of gold, being that I put around $630 per oz into gold from about 5 years ago and at today price of $1600 that is not a bad return in five years.
But lets be very clear, I had no idea at the time and didn't do it looking to make this kind of money out of it. As I said before the split works out at about $300 per oz in total taking the $1000+ from 5 years ago upto last month with about $65 jump in price. As you will see I have done most of the buying in the last year.
My target to sell is at the $1650 mark if it makes it to that price (but looking like it might well) and taking into account interest charges on things that I have not paid off in full over the last 6 months (Credit Card for one) I stand to be about 12% up.
This would have been much higher if I had decided not to invest as heavy in the last 6 months but as I have a goal for my next stage money wise I decided to take a little risk.
This I have to add is also the fun in this kind of adventure. And lets not forget that.
and don't forget you also have to pay capital gains tax on it too !!!!!!!!
With my allowance taken into account, And the fact I pay the lower rate of income tax I will be taxed at 18% and that has been added into my figures , thank goodness.
there are 3 things in which to invest .. land, houses and real estate (as the Americans call it). Barring a communist/fascist government, the land you buy will always be yours. No theiving bastard of a banker/dealer/ trader can steal it away from you
Interesting article re. the surge in the price of gold.
I agree with the article & if the assumptions are correct then perhaps the price has peaked & will start to fall. I thought this about 6 weeks ago, when I started a gold thread discussion. I decided not to buy. The price has risen 10% since then :-(
I still believe that usually the time to sell is when everyone else is buying & that's what is happening now.
there are 3 things in which to invest .. land, houses and real estate (as the Americans call it). Barring a communist/fascist government, the land you buy will always be yours. No theiving bastard of a banker/dealer/ trader can steal it away from you
Comments
THIS IS NOT ADVICE IT IS PERSONAL EXPERIENCE.
I ADVISE YOU TO IGNORE THIS
Spread the risk of shares by investing in unit trusts
Fidelity are above average - if you buy European the return has been superb over the longer term.
EDIT THIS CAN BE SEEN IN BEST PERFORMING FUND MANAGEMENT LISTS
your money is divided between many different companies, and you rely on the skills of a fund manager to pick the best companies to buy into.
https://www.fidelity.co.uk/investor/default.page?WT.srch=1&gclid=CLTQo8eoi6oCFZRX4QodR2iexw
EDIT WARNING THIS IS NOT ADVICE THIS IS NOT ADVICE
Each trust has a clear graph for you to see the returns over set times.
https://www.fidelity.co.uk/investor/research-funds/fund-prices/default.page?smid=fifzz6ef
EDIT PHEW - I THINK I MIGHT HAVE GOT AWAY WITH IT
So is it a case of just picking what fund I want? I checked money supermarket and they have a good section on it.
For example, looking at the European fund
https://www.fidelity.co.uk/investor/research-funds/fund-supermarket/factsheet/summary.page?idtype=ISIN&fundid=GB0003874798&UserChannel=Direct
if you invested £1000 in 2004 it is now worth approx £2000.
Not as good as property, but you can sell at any time.
OK edited to absolve me of those whale catchers at the FSA who might pick on minnows.
Just my experience, stuff goes up and down, and theres lots of choice, seek someone who knows something, there are many companies out there, and watch the slippery steps and mind your head and dont talk to strangers
All these suggestions are laudable but will not give you the ginormous returns you crave. May I suggest that you invest in an unusual Nigerian enterprise which could (undoubtedly WILL) provide you with over $25 million? Follow the link
http://www.scamorama.com/scam1.shtml
I am waiting for my share - I'm sure it won't be long in coming.
just a word of warning.............there are other fund management companies than Fidelity.
By all means use FundsNetwork (owned & operated by Fidelity) but then invest in a range of funds by a range of fund managers..
Floyd Montana might not know it but by advising you a particular fund like he (or she) did then he (or she) has just given you advice, and therefore, fallen foul of FSA rules ..................
As I said before - if you want to know all the whys & where fors then seek Independant advice - I can't do it on here as it is more than my jobs worth...........and I don't usually reply to whispers etc on here as I am not in the market to solicit clients.
You can do two things, either buy a shares within an ISA (although you can only buy shares on the main market and not AIM to put in an ISA), or drip feed in a certain amount per month - say buy £100/200 a month. The benefit of this is that all gains are protected from Capital Gains Tax regardless of how much profit you make, but there's a limit on how much you can invest.
The idea of investing in a Unit Trust via an ISA is also wise and suits the drip-feed investment pattern better. I'm not so sure European Funds are what I would be choosing right now though. Gold has broken through the $1600/ounce mark and as Leroy and I (and others) have pointed out that might be the wiser investment. In America Congress is having major budget wrangles with both political parties playing brinkmanship over how the massive US Federal budget will be brought under control. In Europe there's a very real chance that Greece and one or two other EU nations might default. Gold is a safe hedge against that.
Empire Casino Leicester Square... Or Wimbledon dog races... Or Spearmint Rhino's (Probably the best option)...
i.e. buy Dollars if you think the debt ceiling problem will be solved over the next couple of weeks.
Your saying you bought a bit of gold and now have enough dosh to buy a house abroad?
I got burnt over stocks in the past Railtrack being one, and decided to move away from that and into something that wasn't as high risk. I had no idea what was going to happen with the price of gold, being that I put around $630 per oz into gold from about 5 years ago and at today price of $1600 that is not a bad return in five years.
Gold bubble!!
http://viewswire.eiu.com/index.asp?layout=VWArticleVW3&article_id=1578310942&refm=vwHome&page_title=Latest+analysis&mkt_tok=3RkMMJWWfF9wsRonv6TOZKXonjHpfsX67OQvXKSg38431UFwdcjKPmjr1YIFSsV0dvycMRAVFZl5nQlRD7I%3D&rf=0
Interesting article re. the surge in the price of gold.
I agree with the article & if the assumptions are correct then perhaps the price has peaked & will start to fall. I thought this about 6 weeks ago, when I started a gold thread discussion. I decided not to buy. The price has risen 10% since then :-(
I still believe that usually the time to sell is when everyone else is buying & that's what is happening now.
I have a bottle of Charlton Athletic Club White vin de table Francais by George Duboeuf anyone wish to buy?
Good investment.