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Where to invest a sum of money in uk? |
i have a sum of money 50k+ and would like to invest it in the uk. Hello, Hmm...difficult but I still think if you can get hold of property you will see a good return on it and you can rent it out so have income from it too Well start to buy refurbished propertys then do them up and sell them for more or rent them out and soon your money will mout up to double if not trilple of what you started with You probably want to use a managed fund with a good return rate.After five years of compounding, you should have quite a good amount of accrued interest...Or we could go halves in a pound of coccaine, and then make some quick cash...But you know, whatever... |
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Open up a Stock Index no-load mutual fund. Serious...take those words to your local bank and tell them you want that. If they don't offer it, go to the next bank or brokerage company or on... Keep yourself a ~2 month cushion in liquid assets (cash) so you'll be covered in the event of a layoff. Keep the rest in equities based on broad, stock-based indexes like the S&P 500. ... You need to diversify - this will mitigate risk. The idea is not to put all your eggs in one basket. Here is a great article by Jonathan Clements on how to do this (remember, you'll have to... Just a suggestion - keep it diverse, 401K, Mutual Funds, IRA's are all good - if your employer sponsors a 401K, that's where you should start. No matter where you put it, though, pay yo... Go more into the stocks, and in current technology type fields, as your young and can afford risk, but that is if this all is intendend to be for long term investment, if portions are for shorter t... You are 22 years old -- What an opportunity! Let's go through Roth IRA basic. The friend that said you should contribute to a Roth IRA is very smart. As a 22 years old, you are allowe... There are so many places you can invest your money its ridiculous. The first place you should invest is for retirement. There are many other places you should invest so you can earn some nice retur... Try contacting Primerica Financial Services. They are in the phonebook and have a website. Their services are free and they will give you a complimentary Financial Needs Analysis to let you know ... |
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