Question:

************** How would you invest 10k for good profit? *********?

by  |  earlier

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Got it on a 4.65% interest rate (gross) flexi saver but not happy with it. No FOREX, and I dont want to put it on 10% p/a fix without touching it. Is there another way of making some profit?

Thanks everyone in advance.

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8 ANSWERS


  1. Small business is always a good investment.


  2. Well since you ruled out forex, probably the easiest way to make fast money, what about the stock market? You should be able to make a steady 10-12% each year on average in the stock market if you know what you are doing. Plus you can sell and withdraw the money if you need it at any time.

  3. For a good profit purchase porno magazines and small farm animals. Little chickens, geese and sheep. Mate the animals and sell the strange breeds in advertisement through the porno magazines. You can thank me later...

  4. Nows the perfect time to look for a nice forclosed house that is being auctioned and put the money down.. then rent the house for alot more and you have a continuing profit

  5. Like the guy above me posted. Why not invest in the stock market? Oh wait...you specified "good" profit. LOL.

    The SPX is up a whopping 2.5% in the past 8 years. Stocks are overpriced.

    The Price to earnings ratio is currently around 23 (give or take) for the stock markets. To see your money double you have to wait 23 years.

    The stock market is still way overvalued. 14 is fair. 7 is a bargain.

    When you see the Dow under 8,000 check the p/e ratio. If it's under 8 or 9 sell the gold you are about to purchase, take your amazing profits and dump it all in the stock market.

  6. Not really, most of the companies in the FTSE All share won't exist in 10 years time so no no to investing, maybe HAT.L and BEG.L who will do well in a weak economy. Personally you should really think about the 10% HBOS offer, that is an amazing deal

    MY VOTE FOR BEST ANSWER IS JUSTIN, THAT BOY SPEAKS THE TRUTH

  7. Why don't you invest in stock market. WIth the prices of very good stocks affordable and very low priced this is time to put some money there. Put some money there are wait some time to make money.

  8. Though risky due to natural disasters it is still wise to invest overseas especially emerging markets where it is making big news and gains.

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