Question:

I have 15-20k to invest...how?

by  |  earlier

0 LIKES UnLike

I have 15-20 thousand pound to invest and would like some tips, I am 20 years old and still a student doing computer science =)

I dont want to make a rubbish 5% a year intrest with a bank, but I do want to be safe... any ideas?

 Tags:

   Report

7 ANSWERS


  1. Invest your money in Eastern Europe with NO RISK at 10% a year:

    £20,000 at10% APY becomes £32,210 after 5 years; or£51,875 after 10 years.

    You could also make a low risk investment at 15% per year.

    £20,000 at15% APY becomes £40,227 after 5 years

    Some banks pay up to 16% per year!

    Good luck!


  2. Safe? 5% is safe but boring.

    If you want money you need some level of risk. Find your own level.

    Renewable energy. Solar and wind. Done!

  3. Study after study shows that you should invest in low-cost index funds, diversify and stay the course.

    Make sure you have an emergency fund so you don't have to pull money out of investments during a down market. Then, set up an asset allocation based on your risk tolerance, pick low-cost index funds and leave it all alone unless your risk tolerance changes. Add money whenever you can. Pay attention to taxes.

    Here's more details:

    http://www.saveyournestegg.com/diy.html

    Do this and you'll be rich in 20 years. Although with taxes it may take a bit longer!

    Being able to start investing that much at your age is fantastic. Don't blow it!!!

  4. i would recommend start research some energy companies.

    after that search broker who is most suitable for you. i found this portal, it a bit raw but its working fine.

    www.stockbrokersnet.com

    good luck!

  5. I am currently using the Gone Fish Portfolio.

    last four years it is returning about 12% not bad.

    You can also look at PRPFX, this is a good hedge against an uncertain economy.  I would combine the two.

  6. A group highly professional traders have been offering our services in the field of management of financial actives in international currency market Forex.   Profitableness from 7%-11% per one month.

    HERE ARE SOME LIVE ACCOUNT STATMENT

    http://fxcapital.info/

    investfx2008@yahoo.com

  7. How?

    Figure out why you are investing, be specific (to buy a house, to fund your retirement, to pay for your childrens' college needs).

    From there you need to set a goal. (Like, when  I retire at age 60 I need to have $5,000/week for 30 years)

    Then, you should know how long you would be investing for (in this case 40 years).

    Then, figure out what level of risk you need to take or can take in order to achieve your goals.

    Find all of this and more detailed information for someone without a financial background at the site below.

Question Stats

Latest activity: earlier.
This question has 7 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.