Hey there! Sign in to join this conversationNew here? Join for free

The best way to invest £10,000? Watch

    • Thread Starter
    Offline

    0
    ReputationRep:
    Came into £10,000 recently that I don't need to spend on anything, so thought I'd ask what would be the best way to invest this amount with biggest gain and little/no risk?
    Offline

    2
    ReputationRep:
    buy to let mortgage. You need 10% deposit, so probably 5 grand short..
    Offline

    14
    ReputationRep:


    +

    Offline

    2
    ReputationRep:
    I know of a nigerian man who could invest your money for you very well...
    Offline

    2
    ReputationRep:
    (Original post by Wilzyy)
    I know of a nigerian man who could invest your money for you very well...
    haha 419 scam artists
    Offline

    2
    ReputationRep:
    (Original post by lilzoldier)
    haha 419 scam artists
    loool, you nigerian? I'm not, just for the record.
    Offline

    1
    ReputationRep:
    I have my entire life-savings in Morrison's bonds, and get about £70/month, bearing in mind these are low-risk and long term investments. Alternatively, if you want higher risk, but higher returns, you should be looking at investing in a national bank - my dad (who works as an investment manager for the passed 20 years) has recently invested [a lot] in Bank of Ireland bonds, simply because they were paying back 19%, and that the EU has bailed them out, were dead cheap - so if when he decides to sell them (in say 10 years) he can make a nice final profit on them.
    • Thread Starter
    Offline

    0
    ReputationRep:
    (Original post by Spetznaaz)
    buy to let mortgage. You need 10% deposit, so probably 5 grand short..
    I could scrape that together but there's a lot of work involved, with contracts and looking etc and is also risky.
    Offline

    2
    ReputationRep:
    (Original post by Wilzyy)
    I know of a nigerian man who could invest your money for you very well...
    Saame!! I sent him £5,000 and he made me king of nigeria. He sent the crown by UPS, looks like a party hat, but i guess nigeria isn't really a wealthy country...

    Wait a minute... that sounded a little CRUDE.
    Offline

    2
    ReputationRep:
    I put £10,000 with nationwide and I've only had about £1000 back over 5 years. I think thats crap. Don't do what I did.
    Offline

    2
    ReputationRep:
    (Original post by crazycake93)
    Saame!! I sent him £5,000 and he made me king of nigeria. He sent the crown by UPS, looks like a party hat, but i guess nigeria isn't really a wealthy country...

    Wait a minute... that sounded a little CRUDE.
    Lol..that's rude.
    Offline

    0
    ReputationRep:
    Do you know how many spins on a decent roulette table that would give you?!?!
    Offline

    11
    ReputationRep:
    (Original post by Wilzyy)
    I know of a nigerian man who could invest your money for you very well...
    LOL
    Offline

    0
    ReputationRep:
    Premium bonds are cool, you get entered into prize draws each month, the more money you have, the more chance you have of winning.
    • Thread Starter
    Offline

    0
    ReputationRep:
    (Original post by Robbolo)
    Do you know how many spins on a decent roulette table that would give you?!?!
    I think i'd want the advantage in my favor to be a bit higher than 50%.

    That would be a stupid thing to do.
    Offline

    14
    ReputationRep:
    Income bonds.
    Offline

    17
    ReputationRep:
    Put it into an ISA or something. Look around for the best deal though first.
    Online

    19
    ReputationRep:
    Condoms.
    Offline

    2
    ReputationRep:
    how much of all this involves any kind of interest?
    Offline

    1
    ReputationRep:
    Invest in cool sounding companies, like "Microsoft."
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    Did TEF Bronze Award affect your UCAS choices?
    Useful resources
    How much money do you spend a week?The ultimate guide to tax!Guide to student bank accounts

    Sponsored features:

    Web Legend

    Win a Macbook Air!

    Blog about setting up a website for a chance to win in our Web Legend competition.

    Quick link:

    Unanswered money and finance threads

    Groups associated with this forum:

    View associated groups
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.