Big Mark Posted October 5, 2016 Share Posted October 5, 2016 I thought I'd be a semi responsible adult for once and actually invest £10k of an inheritance rather than spend it all on expensive car parts and cheap women. Any suggestions? I came across this link and was considering 3rd suggestion, "Theadneele UK Equity" http://www.telegraph.co.uk/investing/online-investments/where-to-invest-10000-pounds/ Quote Link to comment Share on other sites More sharing options...
Mike2JZ Posted October 5, 2016 Share Posted October 5, 2016 Buy yourself a getrag 6 speed and sit on it Quote Link to comment Share on other sites More sharing options...
Style Posted October 5, 2016 Share Posted October 5, 2016 Possibly property? Student flat and rent it out? Quote Link to comment Share on other sites More sharing options...
ManwithSupra Posted October 5, 2016 Share Posted October 5, 2016 If it were me I would put it in gold after trump gets elected.. Its bound to bring the price of gold down so would be a perfect time to invest in that when it bottoms out. I wish I did back in early 2000 - £5k of gold then would now be worth £24k Any investment worth money though is a risk so make sure whatever you choose, get sound advice from a professional in that feild (which I am not) Quote Link to comment Share on other sites More sharing options...
Big Mark Posted October 5, 2016 Author Share Posted October 5, 2016 Possibly property? Student flat and rent it out? No can do. I'm a contractor, so "on paper" I don't earn enough for a decent mortgage. Quote Link to comment Share on other sites More sharing options...
stevie_b Posted October 5, 2016 Share Posted October 5, 2016 Modern classic cars - e.g. VW Corrado? Can be tricky though because the storage costs might outweigh the gains. Nice watches Property - interesting one (I know you said it's not an option, just putting thoughts down) - I'd be reluctant to bet against a nasty dip in the UK economy in 2 years' time, when Brexit is about to complete. Quote Link to comment Share on other sites More sharing options...
Axl Posted October 5, 2016 Share Posted October 5, 2016 Drugs and hookers and pizza Quote Link to comment Share on other sites More sharing options...
goldenvtr Posted October 5, 2016 Share Posted October 5, 2016 I thought I'd be a semi responsible adult for once and actually invest £10k of an inheritance rather than spend it all on expensive car parts and cheap women. Any suggestions? I came across this link and was considering 3rd suggestion, "Theadneele UK Equity" http://www.telegraph.co.uk/investing/online-investments/where-to-invest-10000-pounds/ Buy shares in tesla Elon musk is on a mission to be god Quote Link to comment Share on other sites More sharing options...
Al Massey Posted October 5, 2016 Share Posted October 5, 2016 It all depends on where you want your money in x amount of years. Is it short term or long term investment? Are you wanting returns annually or after the term? Quote Link to comment Share on other sites More sharing options...
T2 MSW Posted October 5, 2016 Share Posted October 5, 2016 No can do. I'm a contractor, so "on paper" I don't earn enough for a decent mortgage. Thats not true. If you go through a broker/financial advisor they can show you whole of market products that is not a high street bank. They can offer you a mortgage based on your contract rather than any incomings so it does not matter how you pay yourself. I did this and didn't even have to prove incomings, all I had to show was the money coming into the business account and the contract itself Quote Link to comment Share on other sites More sharing options...
Big Mark Posted October 5, 2016 Author Share Posted October 5, 2016 Thats not true. If you go through a broker/financial advisor they can show you whole of market products that is not a high street bank. They can offer you a mortgage based on your contract rather than any incomings so it does not matter how you pay yourself. I did this and didn't even have to prove incomings, all I had to show was the money coming into the business account and the contract itself Ah ok. That's good to know. Quote Link to comment Share on other sites More sharing options...
tooquicktostop Posted October 5, 2016 Share Posted October 5, 2016 A lot depends on your risk level and are you willing to lose as well as gain potentially Sadly 10k is not that much money these days so getting anyone interested in investing it will be limited Quote Link to comment Share on other sites More sharing options...
peter richards Posted October 5, 2016 Share Posted October 5, 2016 stocks and shares be very carefull ive just got scammed for 7k. wish id gone with my first thought of gold , at least id have something that i can hold . moneys gone and the scumbags that took it . live and learn i think its called Quote Link to comment Share on other sites More sharing options...
Scooter Posted October 5, 2016 Share Posted October 5, 2016 Lots of people going a bit physical, Cars, Gold etc at least you have something tangible but then that can still get nicked! With such paltry interest offerings (for very safe investments) it's almost become about (in real terms) not losing much. I'm sitting on some cash, it's not 'working' for me but it's liquid and waiting in the wings if I need it for something (Ian C's single!). I'm risk adverse so Premium Bonds, ISA's (not really worth it now but might be if the rates reverse in future - but that's looking unlikely!) etc Considered peer to peer lending and also Stocks and shares ISA's but not sure I've the time to do it or the inclination and know it would annoy me to see the value drop significantly which would be a possibility. Not sure if I'm lazy or safe, probably a fair bit of both! Quote Link to comment Share on other sites More sharing options...
Big Mark Posted October 5, 2016 Author Share Posted October 5, 2016 What about the things mentioned in my link? It was from the Telegraph so should be legit. http://www.telegraph.co.uk/investing...-10000-pounds/ Quote Link to comment Share on other sites More sharing options...
marbleapple Posted October 5, 2016 Share Posted October 5, 2016 I use a fidelity ISA for my investing. I can then decide where to allocate my funds and split them between a number of funds. I can also move them as and when needed. /www.fidelity.co.uk/investor Quote Link to comment Share on other sites More sharing options...
stevie_b Posted October 5, 2016 Share Posted October 5, 2016 What about the things mentioned in my link? It was from the Telegraph so should be legit. http://www.telegraph.co.uk/investing...-10000-pounds/ Not much variety there, but it was sponsored by a fund advisor. He who pays the piper.... The article suggested some equity funds, an ethical fund (probably equities but the article didn't say), and a multi-asset class fund (H2O). They're not so different from each other. Quote Link to comment Share on other sites More sharing options...
Action Jackson Posted October 5, 2016 Share Posted October 5, 2016 No can do. I'm a contractor, so "on paper" I don't earn enough for a decent mortgage. I had this problem during my PhD (I was paid a monthly stipend which is a non-taxable income, so to banks I earnt "nothing"), all the big kids don't want to play but if you go to a financial advisor/broker they SHOULD be able to sort you out Property is always the first go to, especially if you're North of the Watford gap. Failing that, it would be the Getrag or gold for me! Quote Link to comment Share on other sites More sharing options...
Sheefa Posted October 5, 2016 Share Posted October 5, 2016 I thought I'd be a semi responsible adult for once and actually invest £10k of an inheritance rather than spend it all on expensive car parts and cheap women. Any suggestions? I came across this link and was considering 3rd suggestion, "Theadneele UK Equity" http://www.telegraph.co.uk/investing/online-investments/where-to-invest-10000-pounds/ You're too late but I invested in the Jupiter India fund a year back. Now up 33% post Brexit decision! I had to withdraw £2k last August for our wedding sadly! Personally I would look into future India based well spread funds. They can only go one way....I'm playing with a few at the moment, nothing huge but good returns still. I invested £8k in a very low risk fund with annual growth of sub 2% but figured for my daughter it's the right thing to do and the returns will still be positive. Subscribe to H&L magazine and do your research. Quote Link to comment Share on other sites More sharing options...
fastcar Posted October 15, 2016 Share Posted October 15, 2016 Shot guns and tinned food if the world caries on the way it is Gold would be the best investment by a long shot! Very rarely goes down enough to worry about it! Premium bonds can be good too! You're 10k will always be 10k but you will get a pay out at least once a month! Quote Link to comment Share on other sites More sharing options...
Big Mark Posted October 17, 2016 Author Share Posted October 17, 2016 Shot guns and tinned food if the world caries on the way it is Gold would be the best investment by a long shot! Very rarely goes down enough to worry about it! Premium bonds can be good too! You're 10k will always be 10k but you will get a pay out at least once a month! I looked into premium bonds: http://www.moneysavingexpert.com/savings/premium-bonds Doesn't really sound worthwhile. Quote Link to comment Share on other sites More sharing options...
marbleapple Posted October 17, 2016 Share Posted October 17, 2016 Premium bonds will not give you a pay out every month. That simply isn't correct. I'd avoid physical 'investments' other than property. All have market fluctuations. Flipping things is a way to get a good return from your 10k. Buying assets cheap and selling on quick but in my mind that's not investing, it's trading. Definitely speak to a mortgage advisor. He will tell you where you really are. Rich Dad Poor Dad books are also quite useful if anything for motivation. He'd argue to invest in shares yourself (not through a 3rd party) but have a sale horizon of 20+ years.... £10k won't get you rich but it's a start. Quote Link to comment Share on other sites More sharing options...
Al Massey Posted October 17, 2016 Share Posted October 17, 2016 Premium bonds can be good too! You're 10k will always be 10k but you will get a pay out at least once a month! Not true. I had £30K in premium bonds. I started getting £25 a month for three months than it stopped. Didn't get anything for a few months. I complained, got £100 after that month than nothing again for a few months. So I took my money and bought a house Quote Link to comment Share on other sites More sharing options...
Wez Posted October 17, 2016 Share Posted October 17, 2016 A mate uses Nutmeg and says there good, I was looking to move some old pension funds over but not got round to it yet. https://www.nutmeg.com/how-we-invest#portfolio-performance Quote Link to comment Share on other sites More sharing options...
Digsy Posted October 17, 2016 Share Posted October 17, 2016 I have been putting my savings into premium bonds for just over a year now as an experiment (which I plan to finish when the American elections / Brexit / zombie apocalypse is all over and things settle down). I track its performance as if it was a regular savings account, earning interest. What I can say is that the published "growth" figure of 1.25% is roughly correct - but you need to be in it for over a year for the maths to demonstrate that properly, otherwise any initial winnings in a short term skew things and make it look much more profitable than it really is. I've been hovering around 1.25% for several months now. Not exactly earth shattering, but an order of magnitude above what my bank is offering. I have almost the maximum invested and it is now very unusual for me not to get at least £25 a month. More recently, I have been getting larger wins (£100 or £75) one month and then nothing the next. However, the larger prizes continue to elude me. I don't see it as long term investment - just a zero risk / low return alternative and a bit of fun for a couple of years. The equity funds I took the money out of were making >5% annually so I need to get back into that as soon as it is safe to do so. Quote Link to comment Share on other sites More sharing options...
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