What to do with £1000

Pinkeyes · 22 Mar 2011 at 13:14

Apart from spend it

Is there anything worthwhile to make a bit of money with £1000.

Savings accounts are all so terrible these days, that the interest you make just doesn't seem worth the effort of using them

LiE · 22 Mar 2011 at 13:15

All on red.

britboy4321 · 22 Mar 2011 at 13:16

What level of risk are you prepared to take?

If the answer is 'none' - you're probably looking at <3% return ..

Theophany · 22 Mar 2011 at 13:17

There's a Nigerian prince who emails me, claims to be able to generate massive returns. I'd go with him.

Paul11 · 22 Mar 2011 at 13:18

buy some silver

robgmun · 22 Mar 2011 at 13:18

I need it for a personal project, please donate generously

CRUMPLYPORK · 22 Mar 2011 at 13:18

Theophany said:
There's a Nigerian prince who emails me, claims to be able to generate massive returns. I'd go with him.

yeah i heard you can make £1,0000000,0000,0000,0000,0000,00000 back in 2 days, well worth the risk

FNGsam · 22 Mar 2011 at 13:18

+1 for the Nigerian prince from me as well.

The Dread Pirate · 22 Mar 2011 at 13:19

Give it to me and I'll wast... Invest it wisely!

Pinkeyes · 22 Mar 2011 at 13:19

britboy4321 said:
What level of risk are you prepared to take?

If the answer is 'none' - you're probably looking at <3% return ..

Will less risk than....

LiE said:
All on red.

but more risk than a Post Office Savings account earning me £2.25 a month, and then having to pay 45p in tax on that.

[TW]Fox · 22 Mar 2011 at 13:19

It's a grand. Whack it in the bank and forget about it.

Zid_ · 22 Mar 2011 at 13:21

You need more to do any of the actual suggestions that come out of this thread.

Your options are gamble it or bank it. I'd like to bank, please, Anne.

Serpantine · 22 Mar 2011 at 13:24

Swing trade RBS, seriously.

VFM Addict · 22 Mar 2011 at 13:25

Current Interest rates aren't worth anything when it comes to small investments. So I'd say forsake that small growth exchanging it instead for the slim but not totally non-existent chance of a big win - Premium Bonds.

.Kencs · 22 Mar 2011 at 13:25

Number 8 Black. Whenever I play Roulette, that seems to be my lucky numbersm send the £1,000 over and il show ya

scorza · 22 Mar 2011 at 13:25

If you're looking for a long term investment and want to take a bit more of a risk, consider a stocks and shares ISA. It's a lot more of a faff to set up compared to a cash ISA but the rewards a normally higher though your investment can lose money.

Waza · 22 Mar 2011 at 13:34

Put it all on the euro millions and see what happens.

Pinkeyes · 22 Mar 2011 at 13:34

Serpantine said:
Swing trade RBS, seriously.

Any good links about this ?

VFM Addict said:
Current Interest rates aren't worth anything when it comes to small investments. So I'd say forsake that small growth exchanging it instead for the slim but not totally non-existent chance of a big win - Premium Bonds.

Maybe my optimism levels need to be sky high for this, but this is actually quite tempting.

Craig1981 · 22 Mar 2011 at 13:41

Considering society is supposed to be ending next year I suggest investing in canned food and shotguns.

Cosimo · 22 Mar 2011 at 13:43

Stock up on petrol.