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Investment suggestions

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    Investment suggestions

    Hi all

    first let me tell you I am not familiar with any investment options and even worse I consider myself to have very poor financial operations knowledge. In one word noob when it comes to money and how to invest it.

    Having said that leaving the money in the bank earns me 0.1% interest while the real life inflation is 7+%. How much the banks charge as loan's interest is another topic. grrr

    So the question is how to invest some of my savings and have 5-6% return on investment per year?

    I am not hazardous type so I high risk investments are not for me.

    I was considering buy to let property, but while this might bring ~10% ROI, it is too much hassle.

    Any ideas appreciated.

    #2
    Originally posted by garnet View Post
    Hi all

    first let me tell you I am not familiar with any investment options and even worse I consider myself to have very poor financial operations knowledge. In one word noob when it comes to money and how to invest it.

    Having said that leaving the money in the bank earns me 0.1% interest while the real life inflation is 7+%. How much the banks charge as loan's interest is another topic. grrr

    So the question is how to invest some of my savings and have 5-6% return on investment per year?

    I am not hazardous type so I high risk investments are not for me.

    I was considering buy to let property, but while this might bring ~10% ROI, it is too much hassle.

    Any ideas appreciated.
    I suppose it comes down to how much you want to invest, and what your position is so far, are you thinking for a pension and so can take advantage of the relief offered withing that wrapper?

    Hoping for 5-6% returns you will need to accept some risk, for example a "safe" ISA will only pay out 2.5% if you are lucky.
    Originally posted by Stevie Wonder Boy
    I can't see any way to do it can you please advise?

    I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.

    Comment


      #3
      Originally posted by garnet View Post
      I was considering buy to let property, but while this might bring ~10% ROI, it is too much hassle..
      Hassle free, > 5%, low risk investments don't exist.

      HTH

      Comment


        #4
        Gold prices are low at the moment. You can invest in buying some gold and keep it for 4 to 6 months and sell it when it reaches the desired increase you want to achieve.

        Comment


          #5
          Is there a punchline to this thread?
          "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
          - Voltaire/Benjamin Franklin/Anne Frank...

          Comment


            #6
            Originally posted by zerointeractive View Post
            Sell it when it reaches the desired increase you want to achieve.
            The minor flaw in that is that it may not within a desired timeframe.

            Comment


              #7
              In-keeping with recent news, I've always wondered how investment in tech to produce my own BitCoins would fair against inflation.
              Could I churn out enough BitCoins? Maybe.
              If I invested over time (compound) on CPUs, I could churn out more and more BitCoins.

              Anyone know how this BitCoin stuff works?
              Don't believe it, until you see it!

              Comment


                #8
                Originally posted by darrylmg View Post
                In-keeping with recent news, I've always wondered how investment in tech to produce my own BitCoins would fair against inflation.
                Could I churn out enough BitCoins? Maybe.
                If I invested over time (compound) on CPUs, I could churn out more and more BitCoins.

                Anyone know how this BitCoin stuff works?
                You'll need lots of GPUs / cloud resources to mine them. Plus then you still have to hope that there is nothing in the algorithm which means that they can be hacked. Or that people steal them somehow (guessing your password to your wallet would be a start, which is why you want multiple wallets to store them in). And hope that the price doesn't plummet, like it did this week when the US seized a load of them from Silk Road.

                If you want some decent information on Bitcoins as a background and where to start, then you could do worse than reading the most recent quarterly edition of 2600 which has a couple of articles in there.
                Originally posted by MaryPoppins
                I hadn't really understood this 'pwned' expression until I read DirtyDog's post.

                Comment


                  #9
                  Well, 1 day into 'self investing' my pension pot, I'm 1K down. Dammit!

                  Comment


                    #10
                    Originally posted by mudskipper View Post
                    Well, 1 day into 'self investing' my pension pot, I'm 1K down. Dammit!

                    Comment

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