Small investment £10k capital

[Mr Gear]

If I wanted to invest a smallish (in the grand scheme of things, but a reasonable sum of money to me) amount of money up to about £10,000, where would be the best sort of place to do it and how?

How does a small-timer like myself go about investing in property shares or the stock exchange? Where do I start?

I'm fairly risk-averse, but my current account has plenty of money in it that is accruing interest at a slower rate than inflation! So in real terms my savings are loosing money!

[Four Cofffee]

This sounds good;

http://www.pistonheads.com/gassing/topic.asp?h=0&a... Deal - Should I go ahead?

[ukshooter]

Stocks & Shares ISA, either through an online trader/bank where you can choose your own shares to hold or via a financial adviser if you want advice.

[ShadownINja]

There are so many threads on this in this section. Look at any thread from share broker recommendations to spreadbetting.

[Nightmare]

far too stressful Buy 10ks worth of palladium. should see a nice return in 6-12 months

[Schermerhorn]

Gold.

If the government is buying gold (Cash 4 Gold schemes) then you know it's worth investing in.

[ShadownINja]

Schermerhorn said:

If the government is buying gold (Cash 4 Gold schemes)

Brown's behind all these TV adverts??

[seaninog]

ShadownINja said:

Schermerhorn said:

If the government is buying gold (Cash 4 Gold schemes)

Brown's behind all these TV adverts??

Eh? Brown had nothing to do with these schemes. It's private companies looking to pay you a fraction of the gold's market value and then sell it on the open market.

Not the government though. Seriously, they wouldn't be that smart. Brown's record with trading gold is not that hot considering he sold the country's reserves when Gold was at its recent lows (a price still referred to by Gold Traders as "The Brown Bottom"). Indeed, if I thought for a second he was buying I would advocate selling as it's probably the top of the market.

What a Clown.

[jas xjr]

Schermerhorn said:

Gold.

If the government is buying gold (Cash 4 Gold schemes) then you know it's worth investing in.

i am lead to believe this is largely a vat scam.arrests are being made. metal not always gold , is being exported to non eec countries and the vat claimed back. the customs have no way of assessing if the material being exported is gold

[ShadownINja]

seaninog said:

ShadownINja said:

Schermerhorn said:

If the government is buying gold (Cash 4 Gold schemes)

Brown's behind all these TV adverts??

Eh? Brown had nothing to do with these schemes. It's private companies looking to pay you a fraction of the gold's market value and then sell it on the open market.

Not the government though. Seriously, they wouldn't be that smart. Brown's record with trading gold is not that hot considering he sold the country's reserves when Gold was at its recent lows (a price still referred to by Gold Traders as "The Brown Bottom"). Indeed, if I thought for a second he was buying I would advocate selling as it's probably the top of the market.

What a Clown.

(This was my thinking but I wondered what the hell the poster was on about saying it was a government scheme.)

[ShadownINja]

jas xjr said:

Schermerhorn said:

Gold.

If the government is buying gold (Cash 4 Gold schemes) then you know it's worth investing in.

i am lead to believe this is largely a vat scam.arrests are being made. metal not always gold , is being exported to non eec countries and the vat claimed back. the customs have no way of assessing if the material being exported is gold

Ah, interesting.

[Man-At-Arms]

Nightmare said:

far too stressful Buy 10ks worth of palladium. should see a nice return in 6-12 months

looks like it's nearly peaked already
http://www.kitco.com/charts/popup/pd1825nyb.html

but, have a look at the Rhodium chart
http://www.kitco.com/charts/popup/rh1825lnb.html

Edited by Man-At-Arms on Monday 15th February 13:09

[Nightmare]

Man-At-Arms said:

Nightmare said:

far too stressful Buy 10ks worth of palladium. should see a nice return in 6-12 months

looks like it's nearly peaked already
http://www.kitco.com/charts/popup/pd1825nyb.html

Personally i don't think so by a long way. Lots has changed for palladium recently....and that last peak was chopped off by the credit crunch and panicked stop of car building and building projects. We shall see!

Man-At-Arms said:

but, have a look at the Rhodium chart
http://www.kitco.com/charts/popup/rh1825lnb.html

yeah.....except you cant exactly buy it yet! (well if you want physical things anyway) - They are releasing solid rhodium bullion of some sort soon though...will be interesting to see what happens there. im just not sure why it hasn't recovered along the same lines as platinum and palladium....

Edited by Nightmare on Monday 15th February 15:17

[ShadownINja]

Some might call that a bear flag. Expect another massive drop, according to the theory.

[Goughie]

Nightmare said:

far too stressful Buy 10ks worth of palladium. should see a nice return in 6-12 months

Aha! Another palladium bug!

[Goughie]

jas xjr said:

Schermerhorn said:

Gold.

If the government is buying gold (Cash 4 Gold schemes) then you know it's worth investing in.

i am lead to believe this is largely a vat scam.arrests are being made. metal not always gold , is being exported to non eec countries and the vat claimed back. the customs have no way of assessing if the material being exported is gold

Don't know the facts, but I do know that investment gold is not subject to VAT in the UK. That would make claiming it back tricky, no?

[Nightmare]

just thought id bring this back up...had you bought 10grands worth of palladium when I mentioned it, now it would be about £12800...not a bad return in 2 months

[B17NNS]

Nightmare said:

just thought id bring this back up...had you bought 10grands worth of palladium when I mentioned it, now it would be about £12800...not a bad return in 2 months

What if he had bought £10k of Rhodium?

[jas xjr]

Goughie said:

jas xjr said:

Schermerhorn said:

Gold.

If the government is buying gold (Cash 4 Gold schemes) then you know it's worth investing in.

i am lead to believe this is largely a vat scam.arrests are being made. metal not always gold , is being exported to non eec countries and the vat claimed back. the customs have no way of assessing if the material being exported is gold

Don't know the facts, but I do know that investment gold is not subject to VAT in the UK. That would make claiming it back tricky, no?

maybe it is classed as scrap gold?
I was told this by somebody in the trade

[Nightmare]

B17NNS said:

Nightmare said:

just thought id bring this back up...had you bought 10grands worth of palladium when I mentioned it, now it would be about £12800...not a bad return in 2 months

What if he had bought £10k of Rhodium?

if you could - which you cant yet (as in physical metal)- then about £11,500.....