investment advice

i was looking for advice into investments to make money so i am asking for peoples opinions on the following
bullion
assets(jewellery, gemstones and cars)
property/land
stocks and shares
such as opinions of the matter

Reply 1

msos

Real estate is always the king.

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Reply 2

NX172

17

Original post by jamesthehustler

i was looking for advice into investments to make money so i am asking for peoples opinions on the following
bullion
assets(jewellery, gemstones and cars)
property/land
stocks and shares
such as opinions of the matter

This depends on many things including:
- How much you're looking to invest
- How risk averse you are
- Are you looking to make a long or short term investment?
- Do you have any existing debts

Perhaps tell us how healthy your finances are right now, age, what sort of background or experience do you have already, your goals and the timeframe, for starters.

Reply 3

jamesthehustler

OP

19

Original post by NX172

This depends on many things including:
- How much you're looking to invest
- How risk averse you are
- Are you looking to make a long or short term investment?
- Do you have any existing debts

Perhaps tell us how healthy your finances are right now, age, what sort of background or experience do you have already, your goals and the timeframe, for starters.

£300 in the bank and £480/month incoming
19
gold/gems +cars i know well
no debts anymore
double portfolio annually in first 10 years then make a long term investment

Reply 4

msos

You ain't gonna do much with what you got now. Save it up first.

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Reply 5

NX172

17

Original post by jamesthehustler

£300 in the bank and £480/month incoming
19
gold/gems +cars i know well
no debts anymore
double portfolio annually in first 10 years then make a long term investment

Pretty much as mentioned above. Keep saving for now.

Reply 6

Reue

20

Original post by msos

Real estate is always the king.

Posted from TSR Mobile

Tell that to the Americans or Irish, Expats in Spain or Cyprus.

Reply 7

Pipsico

14

Original post by jamesthehustler

£300 in the bank and £480/month incoming
19
gold/gems +cars i know well
no debts anymore
double portfolio annually in first 10 years then make a long term investment

It's not much, so I'd really advise you to open up a TSB current account, which pays 5% (gross) on balances up to £2000.
You almost qualify (need to pay in a minimum of £500 a month). At least your money will be safely earning good interest relative to the rest of the market.

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Reply 8

The_Mighty_Bush

3

Cars aren't an asset by any stretch of the imagination. They are a consumer good and quickly lose their value after purchase. If you think you can buy used cars, do them up and then flip up for a profit then that's different. But buying a car will lose you money, not make you money.

If you are interested in buying bullion, I would look into Silver as it is good value right now. silver-to-go is a good website for it as you don't pay VAT.

Reply 9

FVP

1

Original post by The_Mighty_Bush

Cars aren't an asset by any stretch of the imagination. They are a consumer good and quickly lose their value after purchase. If you think you can buy used cars, do them up and then flip up for a profit then that's different. But buying a car will lose you money, not make you money.

If you are interested in buying bullion, I would look into Silver as it is good value right now. silver-to-go is a good website for it as you don't pay VAT.

Classic cars have actually been a very strong investment in the past and I don't see that changing.

Reply 10

domonict

17

Classic cars hit a real bubble a few years back and are selling for less than half what they previously reached. Also if you buy and sell cars you need to register for tax liabilities as a dealer. Other investments are easier to cope with tax wise

taking investment advice on a student forum is bonkers.

Reply 11

Quady

20

Original post by msos

Real estate is always the king.

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Really? Its not worked out too well in Japan has it?

Reply 12

Quady

20

Original post by The_Mighty_Bush

Cars aren't an asset by any stretch of the imagination. They are a consumer good and quickly lose their value after purchase. If you think you can buy used cars, do them up and then flip up for a profit then that's different. But buying a car will lose you money, not make you money.

If you are interested in buying bullion, I would look into Silver as it is good value right now. silver-to-go is a good website for it as you don't pay VAT.

So you can't buy and hold a new car at a profit?

http://home.bt.com/lifestyle/motoring/motoring-news/classic-mini-van-hidden-for-47-years-because-owner-couldnt-pass-driving-test-is-expected-to-sell-for-25000-11363967952441

Reply 13

Quady

20

Original post by jamesthehustler

i was looking for advice into investments to make money so i am asking for peoples opinions on the following
bullion
assets(jewellery, gemstones and cars)
property/land
stocks and shares
such as opinions of the matter

Out of those only shares and reted land/property have a yeild. The rest are just speculative asset bets.

If you're going to do up the property then that'd probably be best, if you're lokoing for something passive then shares.

Reply 14

msos

Original post by Quady

Really? Its not worked out too well in Japan has it?

We're on about the UK though ain't we? My family has made over £300k profit in the last 5 years flipping properties as a second job. I don't see why it shouldn't work.

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Reply 15

Quady

20

Original post by msos

We're on about the UK though ain't we? My family has made over £300k profit in the last 5 years flipping properties as a second job. I don't see why it shouldn't work.

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You want a UK example then?

Property in Belfast fell 51%, and is still 35% below its peak.

Factor in transaction costs and finance costs thats fairly painful.

The think about opportunity cost...