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Investment Advice

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bbigman2000
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2006/07/08 00:22:14 (permalink)

Investment Advice

Gents, whats the best way to make money from my savings, Ive just been bought out of my house by my ex wife, I heard that the alliance and leicester were doing 10% for a year BUT they want you to swap current accounts aswell.

Property of course is my favorite, but leave that out of the picture please.

Some other sound advice please.

bbig

#1

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    Colossus
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    RE: Investment Advice 2006/07/08 01:06:48 (permalink)
    Ever looked at premium bonds? If you get enough of them, it's quite profitable (my uncle has around £25,000 worth)
    #2
    bbigman2000
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    RE: Investment Advice 2006/07/08 01:17:26 (permalink)
    Thanks mate, il search google on that now

    #3
    zaraleoni
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    RE: Investment Advice 2006/07/08 01:19:22 (permalink)
    Well........... a friend of mine offered to pay for breast implants for me, on the basis that if I used them to make money he could get a decent return on his investment! LMAO!

    Only kidding beofre anyone takes me serious! (well I am, he wasnt!)

    All joking aside babe - I have friends who are financial advisors etc and property is the way to go so I'd stick with that. Its the safest option for that level of return at the moment. Other than that you are looking at the various schemes that high street banks etc are offering. Anything else has a higher risk factor.



    #4
    Honour
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    RE: Investment Advice 2006/07/08 01:21:52 (permalink)
    don't know much myself but i remember my economics teacher (lol) telling me about investing in goverment stock? / government bonds? as a fairly high rate of interest. around 12-14% if i remember right.

    not much help i know but look into government savings and you might find what im trying to describe
    #5
    Pip
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    RE: Investment Advice 2006/07/08 01:25:18 (permalink)

    ORIGINAL: BeginnerBoy

    don't know much myself but i remember my economics teacher (lol) telling me about investing in goverment stock? / government bonds? as a fairly high rate of interest. around 12-14% if i remember right.

    not much help i know but look into government savings and you might find what im trying to describe


    At the risk of it being subject to national inflation and depreciation, no thanks.
    #6
    ihawk
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    RE: Investment Advice 2006/07/08 01:32:26 (permalink)
    if you buy diamonds in the right country mate there are still big profits to be had, it does intail some slightly illegal activity though and total avoidance of tax bills.

    safest option is property as you have already alluded to imo.
    #7
    Pip
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    RE: Investment Advice 2006/07/08 01:40:48 (permalink)

    ORIGINAL: ihawk

    if you buy diamonds in the right country mate there are still big profits to be had, it does intail some slightly illegal activity though and total avoidance of tax bills.

    safest option is property as you have already alluded to imo.


    You Jewish?

    You are right though. My mate does it from Africa.
    #8
    bbigman2000
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    RE: Investment Advice 2006/07/08 01:42:53 (permalink)
    lol thanks folks, just had a surf on premium bonds, not enough return for me im afraid, im looking for 10% annual return if possible.

    Looks like its student flats in aberdeen then

    #9
    bbigman2000
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    RE: Investment Advice 2006/07/08 13:14:40 (permalink)
    Come on folks, I need somone to make me filthy rich.

    #10
    SlipDigby
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    RE: Investment Advice 2006/07/08 13:22:25 (permalink)
    ORIGINAL: bbigman2000

    Come on folks, I need somone to make me filthy rich.



    Invest it in my band -> Air Raid
    #11
    westie
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    RE: Investment Advice 2006/07/08 13:28:30 (permalink)
    Have a look at buying land,not sure if its a long term investment you are after.I invested in Turkey awhile ago.But there is more risk in buying land or property overseas.
    #12
    big49ersfan
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    RE: Investment Advice 2006/07/08 13:42:18 (permalink)
    a couple of questions

    1. what time span are you looking to invest for??

    2. how legitamate are you looking your investment to be??

    3. does it have to go under the radar in terms of the divorce settlement/ taxable income??

    #13
    Tenthghost
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    RE: Investment Advice 2006/07/08 13:48:21 (permalink)
    no intention of hijacking this thread but i will soon be getting my hands on the my great grandad capones inheritence that he left me a big 15 percent as i was the first great grandchild it will be about 6k now how can i turn this into a deposit for a house?????

    Skill over Will
    #14
    yiddo
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    RE: Investment Advice 2006/07/08 13:50:14 (permalink)
    Buy some property in Slovakia
    Not expensive, and in 5 years timke it is goin to be worth 5x as much
    Look into it for yourself u will see
    #15
    Bodybuilding Warehouse
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    RE: Investment Advice 2006/07/08 14:00:59 (permalink)
    Stocks have a historical 12% per annum return.

    I think property is massively overvalued now and due for a fall, or else long term flatlining (which when you take inflation into account and the inability to sell it on for the same price....is a fall).

    If you can leave it there for 5 yrs (to avoid the ups and downs of market cycles) then put it in a tracking stock - FTSE 100/500 etc.

    Bodybuilding Warehouse
    #16
    steveuk2
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    RE: Investment Advice 2006/07/08 14:33:15 (permalink)
    land/property in a country set to join e.u in the nr future

    #17
    The Guvnor
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    RE: Investment Advice 2006/07/08 14:43:18 (permalink)
    I would put it into a managed fund like midas (liverpool) or one of the carlyle groups funds.




    #18
    The Guvnor
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    RE: Investment Advice 2006/07/08 14:49:52 (permalink)
    ORIGINAL: yiddo

    Buy some property in Slovakia
    Not expensive, and in 5 years timke it is goin to be worth 5x as much
    Look into it for yourself u will see


    Why Slovakia? Why not other new eu countries? Whereabouts in Slovakia? Have you already invested here?
    #19
    reg1
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    RE: Investment Advice 2006/07/08 14:52:02 (permalink)

    ORIGINAL: bbigman2000

    Gents, whats the best way to make money from my savings, Ive just been bought out of my house by my ex wife, I heard that the alliance and leicester were doing 10% for a year BUT they want you to swap current accounts aswell.

    Property of course is my favorite, but leave that out of the picture please.

    Some other sound advice please.

    bbig


    fcuk it, blow it all and have fun, we're here for a good time not a long time
    #20
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