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What is the investments you can make without having big capital? |
What is the investments you can make without having big capital? You can save regularly into all sorts of plans, from Building Society accounts and National Savings through to unit trusts and pensions. Decide what you want to save for (is it a holiday, or perhaps for retirement) and then choose the most tax efficient product. For short term tax free savings Mini cash ISA are good, www.NSandI.co.uk. For longer longer term equity based savings use a regular saving unit trust ISA. ISAs are good for this and they are tax free too! Managed funds are really good. You don't need a great deal of money to start an investment, and they use the buying power of hundreds of investors to buy many stocks, which spreads your risk. You received a couple of good general answers. I will endever to give you a couple of specific answers. T Rowe Price has a plan that allows an investor to invest as little as $50 a month in their mutual funds if they set up an automatic withdrawal from their bank account. They have execellent mutual funds with low expense ratios and a good variety. It would be nice to know a bit more about you to give a better answer but it sounds like systematically investing in mutual funds would be a good way to go. If you would like better direction please send me an email and we can chat. You only need upward of a few hundred to start. try http://goldenbullstocks.com they are great and you will be impressed! Hi, I have invested $5K in my friend's business. It is not a big capital. Now I am getting 40% annual interest. |
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