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I got 拢2000, i want to do something with the money.. like investment or something to make it more....,? |
please help me.., Cash ISA with ING direct. Decent interest rate, quick access to the money if you need it. And the interest is tax free. 1. go to your casino of choice become a loan shark double your money. Put it in premium bonds got a chance to win lots of prizes up to a million....and you can get the money back out if you need it for emergencies.....but you only get back what you put in, so a bit of a gamble... Have a look at moneysavingexpert.com. I think there is a ISA that pays 6.5% per year, its about the best you can get. ive recently heard about a website where you can loan other people money and charge interest you can see a profile etc of the people and what they want it for and you can loan any amount you want put it ina cash ISA interest is tax free and u can get cash out if u need to You won't be able to do a lot with 2K. For safety put it in a a ISA where you can possibly get a 5 to 6 percent return and no tax to pay.Other forms of investment can earn more but could be a lot more riskier.That decision has to be up to you.You can take a risk and come out OK or you could lose the lot. For 拢2000 I would play safe.The other thing is how soon you might want to use this money.You could buy a bond for say 5 years, which could give you a good return but you could not touch the money if you needed it. put them in time deposit Buy some premium bonds. You can't lose your money that way. The following articles will be of help: Hi, Look at the Motley fool. great website, lots of ideas for investment and good unbiased info. |
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