30k-50k - best place?

[Sebba]

Hi guys - never posted in the finance section but read it with much interest as the variety of savers, investors, spenders fascinates me....

So despite working a regular 9-5 job with a fairly decent income, I have always had a hankering to run my own business but have no real idea what to do nor the guts to do it quite yet (i.e. quit my job)....

So I wanted to see if you guys had any thoughts on how i get a little exposure whilst keeping my day job....angel investing/seeding websites?

I have a few BTLs & whilst I appreciate there are still many fans out there, I would like to diversify my risk a little and try something new.

I apologise for the generic question but hopefully won't get a wrath of abuse if this is a repeated question...

[NickCQ]

I suppose the first question is this: can you afford to lose all of the £30-50k, would that change your life significantly or not?

[Sebba]

I am a point now that I would be willing to loose it but not stupidly - a calculated risk - yes; a black or red gamble - probably not..

[MadProfessor]

It's not clear what you want to achieve?

Please see my response to another post here: http://www.pistonheads.com/gassing/topic.asp?h=0&a...

[Sebba]

At the risk of sounding like a complete nonse, I am actually not bothered about immediate return or high return.

Otherwise, I suppose clever stock selection in the equity markets would achieve that if that was the goal - it's just too vague and distant for me......

I suppose I would like to invest in a business and see it grow - possibly learn from any mistakes/experiences - hence why I am not after immediate return (plus why I appreciate the risk of losing it all).

I guess what I am trying to achieve is a venture capital start but on a small scale.... By the time retirement comes, maybe have a few companies that you have invested and possibly helped grow.....are these angel investing seminars/websites best option?

Not sure if any of that made sense, just trying to move away from having 4-5 houses as a pension pot.......everyone seems to have some foot in that game....(apologies if that caused offense to anyone)

Edited by Sebba on Friday 16th December 20:45

[ringram]

Forget investing in someone else.
Invest in yourself.

Use the money to upskill yourself, become and expert, find customers, create a business etc.
That is the lowest risk, surest way to wealth.

Lots of time and effort, but £30-50k is more than enough to get you there if used right.

[lanky28]

You could invest in stocks and shares but if it is 100% a career change your after re-training may be required depending which sector you work in. BTLs in my opinion are good and safe investments and pretty much a guarenteed return and as you've said a nice pension pot