What to do with £1000
- Thread starter Pinkeyes
- Start date
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Let me set the scene,you have just got off the train in London, you and the beloved in the 500 quids worth of cloths you just bought, sitting down at the Cavendish for a tidy meal, a bottles of pop and a couple after dinner brandies.
Thats the first 900 quid ironed out, leaving 100 quid for a nice black taxi ride round the lights and exciting places in the west end before dropping you back at the station
Thats the first 900 quid ironed out, leaving 100 quid for a nice black taxi ride round the lights and exciting places in the west end before dropping you back at the station
Soldato
All on black!
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Save it or pay off 1K of your debt.
What is the best way to buy silver then ? I'm interested.
Man of Honour
All on green for the ultimate thrill.
search on google for buy silver
lots of companies like these: (there are many of them)
http://www.bullionbypost.co.uk/
http://www.goldline.co.uk/
or ebay is also a huge market place for silver
spend some time comparing prices
essentially you buy an ounce (or more) at the current price per ounce.
look at this too to get an idea of the current (and past) price
http://www.bullionvault.com/gold-price-chart.do
you can change the metal, the date range etc etc
your welcome to email me for any more info , in trust.
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Soldato
If it were me I'd pay of the credit card. However if you don't want to do that for whatever reason have a go at the stockmarket. I started as a bit of fun, still don't fully understand everything that goes on because theres usually that much jargon it will blow you mind. Im getting there slowly though and I've been hooked for the last couple of months. Made some mistakes on the way like most beginners do (don't jump in on a spike!) but I'm still very nicely up.
The thread on here called "trading the stockmarket" is very helpful if your willing to read through 125 pages
, also www.iii.co.uk is good for its message boards and discussion of companies. You'll see a lot of tips on there, followed by DYOR (do your own reseach) and thats the important bit. Check out the companies website, search them on google, read as many articles as possible, sign up for RNS feeds, work out who is a reputable source on the message boards. You've only got a small investment so don't be tempted to day trade or you will end up losing out IMO. Look at it as a 2-6 month investment.
Give it a whirl, its fun and addictive, but be prepared to lose.
The thread on here called "trading the stockmarket" is very helpful if your willing to read through 125 pages
, also www.iii.co.uk is good for its message boards and discussion of companies. You'll see a lot of tips on there, followed by DYOR (do your own reseach) and thats the important bit. Check out the companies website, search them on google, read as many articles as possible, sign up for RNS feeds, work out who is a reputable source on the message boards. You've only got a small investment so don't be tempted to day trade or you will end up losing out IMO. Look at it as a 2-6 month investment.Give it a whirl, its fun and addictive, but be prepared to lose.
how much interest you going to get in the bank ?
at least invest in something that has the possibility of some good returns.
Soldato
Getting returns is not the idea.
The idea is to simply put it in the bank and keep it.
1k is not enough to start thinking about investment and returns in my opinion.
Associate
If it were me (and I didn't have double glazing to pay for) I'd buy art.
Something that will appreciate - you get to enjoy it too rather than having something that sits in a vault doing nothing.
Something that will appreciate - you get to enjoy it too rather than having something that sits in a vault doing nothing.
If it were me I'd pay of the credit card. However if you don't want to do that for whatever reason have a go at the stockmarket. I started as a bit of fun, still don't fully understand everything that goes on because theres usually that much jargon it will blow you mind. Im getting there slowly though and I've been hooked for the last couple of months. Made some mistakes on the way like most beginners do (don't jump in on a spike!) but I'm still very nicely up.
The thread on here called "trading the stockmarket" is very helpful if your willing to read through 125 pages
Give it a whirl, its fun and addictive, but be prepared to lose.
Thanks for your reply. I am going to do the Fantasy share trading for a little while and see how I like it.
why is there a minimum amount of money you should have to make it work for you ?