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Which one is the best investment? Gold, Bond, Share,...? |
I have 1000 pounds. which one is the best way of investing it for 1 year, so that its value gets increased? Saving in a bank or building society has little risk and also little reward, compared to the more riskier investements like Bonds, shares and funds. Gold on the other hand has seen a very steady climb in price over the last 6 or so years and there seems to be a high demand for it and this realistically can only continue. Jewelery markets seem to be doing well, I think it was P Diddy this week that released his own line of "bling" so it goes to show it a strong investment. However, due to you wanting to invest this short term i.e. less than 5 years, you are probably best in a bond, not bad reward and capital safe. You know exactly what you will get then when it matures. Allied Irish I believe are offering some very good rates at the moment. If you're only investing for one year, you'd better put it in a bank. You can probably get a good interest rate if you commit to a one-year deposit without withdrawal. every investment has some sort of risk.I would say a bond or some sort of fund.The choices are limitless,I would seek advice from a financial advisor if all else fails.They know their stuff and the products that can offer you would probably suit your needs.You could also try a bond fund.Short term and easy to liquidate. Interest rates are low right now. It would be better if you looked at a longer term investment. I would go with either stocks or gold. Mutual funds would share risk, but are more of a long term investment. Gold has done fairly well in recent years. If you have a high tolerance for risk, then there are stocks which offer a high level or risk but also have a great opportunity for appreciation. |
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