£2500 too invest any suggestions?

Vtec9k · 27 Jun 2012 at 19:39

Don't think so?

Hatter The Mad · 27 Jun 2012 at 19:40

Vtec9k said:
Don't think so?

Hmm neither do I now... I remember researching it for someone who was doing small work on the side, but I can't find the details.

arekgreenman888 · 27 Jun 2012 at 19:51

Whats maximum you can invest in Zopa please? ta

Hatter The Mad · 27 Jun 2012 at 20:10

wtf I must have dreamt it

danielanthony · 27 Jun 2012 at 20:29

2500 lottery tickets

Disco Boy · 27 Jun 2012 at 20:34

With Zopa, do they take the risk on bad loans? Or is there a chance that you won't be paid back?

dowie · 27 Jun 2012 at 20:44

Disco Boy said:
With Zopa, do they take the risk on bad loans? Or is there a chance that you won't be paid back?

they take on all the risk and you get a risk free 7%....?

erm no....

GravyMonster · 27 Jun 2012 at 20:53

Buy 10,000 shares. You'll have made £4k by tomorrow.

Withdrawing it may be a problem though.

The Halk · 27 Jun 2012 at 21:04

Cash ISA. No other sensible option - unless you're a non tax payer.

bsoltan · 27 Jun 2012 at 21:07

[TW]Fox;22228465 said:
it's £2500 so its not going to make you the next Warren Buffet - whack it in an ISA.

Hatter The Mad · 27 Jun 2012 at 22:32

Disco Boy said:
With Zopa, do they take the risk on bad loans? Or is there a chance that you won't be paid back?

http://uk.zopa.com/lending/why-its-safe

Hades · 27 Jun 2012 at 22:35

A painting by Mary Fedden and then watch it climb in value over the next few years.

[FnG]magnolia · 27 Jun 2012 at 22:35

Buy pallets of jeans off Ebay.

The Halk · 27 Jun 2012 at 22:38

Hatter The Mad said:
http://uk.zopa.com/lending/why-its-safe

Exactly that could be said about CDOs - they had a very low default rate.... until they all went under at once.

Being a name in Lloyds of London used to be considered to be totally safe.

Hatter The Mad · 27 Jun 2012 at 22:40

The Halk said:
Exactly that could be said about CDOs - they had a very low default rate.... until they all went under at once.

Being a name in Lloyds of London used to be considered to be totally safe.

You can't compare CDOs to Zopa

The Halk · 27 Jun 2012 at 22:46

Hatter The Mad said:
You can't compare CDOs to Zopa

I'm not. I'm comparing promises on an investment claiming to be safe entirely based on previous history to two other investments which promised to be safe entirely based on previous history which went breasts up.

dowie · 27 Jun 2012 at 22:55

If someone thinks they can currently get a risk free 7% return then they're a bit silly tbh....

Vtec9k · 27 Jun 2012 at 22:59

You really can't compare, nothing alike.

EddScott · 27 Jun 2012 at 23:01

Cash ISA or Stocks and Shares ISA. If its short term, Cash ISA. Long term, Stock and Shares.

If you go Stocks and Shares pay in monthly - not in one go. Pound cost averaging and all that.

oddsbodikins · 27 Jun 2012 at 23:04

I hear there is this Nigerian Prince.....