Any financial/investment experts here?

I'm no expert, but often the simplest ideas are the best ones.

Look at what is going up in value and price.

Don't buy property and don't buy a car. They are still depreciating and the market won't recover.

Precious metals is a good area to put your money.

Gold is too expensive at £800 an ounce, but is still appreciating.

Silver is 25 times cheaper than gold but rarely will you get pure .999 silver bullion. Still it is worth a punt.

I've bought around 100 ounces of silver (it was £10 an ounce). It's now worth £2500 and appreciating by a £1 a day give or take. I won't retire off the back of it but it is an appreciating asset.

Don't go into bonds or paper backed assets. You want physical and tangible items.

I've also got an Ebay shop that makes me around £1500 income per week selling second hand car items.

You have to have patience, intelligence and perseverence. Keep reading, you'll find an idea and it will click.

 

^^^ is incorrect, i work as a jeweller and .999 silver is currently £15.13 per troy ounce (31.1g) which equates to £1513 so you have made £513 (fair play btw, just wanted to correct your prices)

Gold is only being purchased as the dollar is in freefall as the fed are debasing the currency to lower sovereign debt. Silver historically is 30-1 ratio with gold and is currently aroun 57-1. in short silver has some ground to make up so is still worth a punt (i currently hold just over 3 kilo's when i sold my gold off (361.2g of 24 ct i hald smelted).

Gold is going well but no physical demand is warranted other than in india, many european jewellers have gold on their shelves which isnt selling due to its high price and gold not being in fashion, silver is seen as contempory and cheap pandora bracletes and tiffany an co jewellery are must have so physical demands will surge and shoppers rush to purchase silver jewellery. In short, sell your house, sell your car, sell your soul and sell your arse and put it all on silver, sell when it reaches around £23-25 an oz

 

Go with an ISA or bonds, the government and some banks would be able to offer you at least 2.5% if you look around and keep it in the account for a year. NS&I, ING or Santander should be able to give you a good deal, probably worth stopping by your bank and seeing what they can offer too. I wouldnt go into the stock market with the fear of a double dip recession in early 2011

 

Silver is £15.13 on the exchange per troy ounce. You'd be very very lucky to buy it for that amount of money without having serious purchasing power.

I bought my bullion and coin from Ebay, so naturally there is a higher mark up.

 

The wolf shirts would have bitches swarming your house like the zombie freaks did to Will Smith in "I am Legend".

But if you don't want to be cool... It comes down to how much risk you are willing to take. If you want to sleep at night a CD or Savings Account is probably your best option, especially since you have no idea how to play the stocks game. Same thing with Bonds, they are safe but not particularly rewarding.

If you have a bit more of a stomach, investing in cheap realty, especially in college towns is the next option. For just having a building that isn't condemned you are making bank by renting it out to college kids. you have a constant market for cheap apartments

After that is when you break into the stocks game, which is a bit of a crap shoot for even very good investors.

 

Invest in Chisora by KO. Trust me. Sure thing.

 

You have disrespected the wolf shirt.

I fear your investment will be a waste.

 

if you're not buying wolf shirts then I don't think the lounge can help you.

 

lottery tickets.. narrow your chances

 

two words: strip clubs

 

Bullionvault.com
If not go to your local jewellers or bullion dealer and say you will pay fix for their scrap. Most sell 97%o fix to refiners so will sell to you just to get the extra cash. Avoid ebay mate as you are paying over the odds. Good luck

 

Nice one, top advice, cheers mate! :good

 

It depends on your needs and goals.

How long are you planning to invest for? Do you need to cash-in within 5, 10, 20 years?

Is this additional funds or most/all of your cash savings?

Generally,never invest money you can't afford to lose.

Saving is generally not a idea since you don't really earn anything on those and with annual inflation, you are actually losing money.

Mutual fund and bonds are a very good way to invest if you have at least 5 year window. Ideally 5-10 years. In some cases, here in the US there are tax advantages to certain funds and bonds.

If not, then stock market is your only option if you are looking significant growth within 2-5 year span. Stocks are more risky and needs a bit more attention (research and movement) than mutual funds and bonds.

For long term 33/33/33 rule is a decent start for beginners - mutual funds and bonds, stocks and cash reserves.