Making money from money
Discussion
14-7 said:
£15k in to a savings account, £10k in to shares split between two companies. Something like Tesco and Vodafone would see decent dividends and hopefully some OK'ish returns over the next year.
Hasn't Tesco just taken a battering over the last 6 months? Funny how this question isnt easy to answer, thats a lot of money and with no risk is likely to not earn a great amount.
raptor600 said:
ringram said:
Explain your justification why housing is a better long term bet than shares!?
+1.Obviously depends on what pile of bricks and what shares.
BoRED S2upid said:
Houses are very unlikely to loose all their value overnight? anyone investing in HBOS shares a decade ago would wish they had a pile of bricks or any other asset right now.
Obviously depends on what pile of bricks and what shares.
Equally, anyone that invested in Amazon a decade ago would be glad they didn't have a pile of bricks instead.Obviously depends on what pile of bricks and what shares.
If you diversify (and with £250k you could do this massively) - you are not going to loose (sic) all your money overnight.
Edited by raptor600 on Wednesday 30th January 17:21
Pity it's in Sterling
E mail Lowdrag for an IFA recommendation
Then be ready with;
Age
expectations
Target (if any)
Total net assets
Be careful of what appears in your inbox after posting this.
With regard to timing....the Pound has just fallen from 1.62 to 1.57, the Euro is climbing and you are sitting on Sterling cash.
Not that you should be diving into FOREX, diversification is never a bad thing when trying to stay ahead of inflation.
E mail Lowdrag for an IFA recommendation
Then be ready with;
Age
expectations
Target (if any)
Total net assets
Be careful of what appears in your inbox after posting this.
With regard to timing....the Pound has just fallen from 1.62 to 1.57, the Euro is climbing and you are sitting on Sterling cash.
Not that you should be diving into FOREX, diversification is never a bad thing when trying to stay ahead of inflation.
raptor600 said:
BoRED S2upid said:
Houses are very unlikely to loose all their value overnight? anyone investing in HBOS shares a decade ago would wish they had a pile of bricks or any other asset right now.
Obviously depends on what pile of bricks and what shares.
Equally, anyone that invested in Amazon a decade ago would be glad they didn't have a pile of bricks instead.Obviously depends on what pile of bricks and what shares.
If you diversify (and with £250k you could do this massively) - you are not going to loose (sic) all your money overnight.
Edited by raptor600 on Wednesday 30th January 17:21
t hit the fan, you would still have somewhere to live and not sweat over things so much.TheRacingSnake said:
I have £250000 which I feel could make me some money if I knew what to do with it.
Anybody got any idea of the best way to do it?
Investment managers? Stocks and the like??
My uncle makes a tidy amount from buying shares - but he picks the slow burners, waits, and waits, and doesn't get greedy. Anybody got any idea of the best way to do it?
Investment managers? Stocks and the like??
I'm trying it myself but the market is a head f
k at the best of times.Failing that, give me a couple grand so I can buy a house and I'll be your best friend forever? ; )
BoRED S2upid said:
Hasn't Tesco just taken a battering over the last 6 months?
Funny how this question isnt easy to answer, thats a lot of money and with no risk is likely to not earn a great amount.
Yes it has. I bought in at about £3.60 a share just over a year ago, sold at £3.96. Bought in again at £3.17 and sold at £3.52.Funny how this question isnt easy to answer, thats a lot of money and with no risk is likely to not earn a great amount.
Just bought in to Vodafone last week at £1.67. Already sitting on £1k in a few days.
Sometimes it's down to luck when you buy and sell, other times you just have to take a gamble. I bought Tesco because they are a good solid company and when they hit £3.15 knew they couldn't have much further to go so bought. Same as Vodafone. Good dividend, they aren't going anywhere and they are nearly at the bottom of the cycle so thought it was worth a punt.
But I will never put all my eggs in one basket again as I lost quite a bit a few years ago doing that which is why I suggested to the OP that he put some in savings then spread the rest between two shares in different sectors.
I am by no means a share/investing guru but am holding my own at earning 10-25% a year over the last 7 years by doing things sensibly. Things don't always last though which is why I buy in lump sums per trade and anything sold above that get's hived off in to a high interest savings account until I have the same lump sum to invest then it does back in to shares. (hope that makes sense)
BoRED S2upid said:
raptor600 said:
ringram said:
Explain your justification why housing is a better long term bet than shares!?
+1.Obviously depends on what pile of bricks and what shares.
How does a 1000% return sound?
I think I read nominal house prices over the same period gave 400% so from 1985 to now you are 2.5x better off with an index tracker than a house.
A house also needs maintenance, insurance, mortgage interest etc.. But it does give you a place to live.
IMO if OP has a house to live then buying more property is retarded.
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