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I have £200 to play with, can I invest it in anything?
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As the title reads. I know £200 pounds isn't a huge amount to invest with, but is there anything I do with it to make more money from it?
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#5
Instant access savings account - you can get a decent return on some when you account for bonus interest rates after sign-up.
Fixed-term savings account - better rate of interest, but no benefit if the base rate goes up.
Funds of various types - can help you diversify, might be good if you only have £200, but can still go down as well as up.
Shares - Can do very well if you pick well and buy at the right time. If you pick badly, you could lose out badly. If you buy at the wrong time, you might lose out or might just suffer a temporary setback while the price rises again.
I'm sure there's other stuff too, but that's off the top of my head.
If I were you, I would stick it in a fund at the share centre.
Oh or MBing, as someone said.
Fixed-term savings account - better rate of interest, but no benefit if the base rate goes up.
Funds of various types - can help you diversify, might be good if you only have £200, but can still go down as well as up.
Shares - Can do very well if you pick well and buy at the right time. If you pick badly, you could lose out badly. If you buy at the wrong time, you might lose out or might just suffer a temporary setback while the price rises again.
I'm sure there's other stuff too, but that's off the top of my head.
If I were you, I would stick it in a fund at the share centre.
Oh or MBing, as someone said.
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#6
(Original post by wavey93)
Is this like gambling?
Is this like gambling?
http://forums.moneysavingexpert.com/...d.php?t=325861
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#7
i would advise against shares with that amount of money, a lot will be swallowed up by dealing charges.
you can buy premium bonds, there's a chance of a £1m jackpot every month! it's like playing the lottery but you get your money back whenever you want.
you can buy premium bonds, there's a chance of a £1m jackpot every month! it's like playing the lottery but you get your money back whenever you want.
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#8
(Original post by wavey93)
Is this like gambling?
Is this like gambling?
follow the guys link above
also theres a thread on it too
http://www.thestudentroom.co.uk/show....php?t=1447788
made about £125 so far
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#9
Not anywhere near enough money for investing.
Matched betting is a good way to start as others have said. Probably the best return on your money you can make.
Matched betting is a good way to start as others have said. Probably the best return on your money you can make.
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#13
Matched betting to begin with, then switch to straight arbitrage.
Placed £1400 in bets this morning, will be sitting on £50 profit this afternoon...
Placed £1400 in bets this morning, will be sitting on £50 profit this afternoon...
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#16
I'd spend it on Roulette. The tactic I use is place a bet and if it loses, place the same bet but double the amount and continue doing this until you win. You'll eventually get your money back and will make a tidy profit.
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#17
(Original post by Broderss)
I'd spend it on Roulette. The tactic I use is place a bet and if it loses, place the same bet but double the amount and continue doing this until you win. You'll eventually get your money back and will make a tidy profit.
I'd spend it on Roulette. The tactic I use is place a bet and if it loses, place the same bet but double the amount and continue doing this until you win. You'll eventually get your money back and will make a tidy profit.
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#18
(Original post by crazyjoyce)
cmc cfd!
cmc cfd!
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#19
(Original post by Broderss)
I'd spend it on Roulette. The tactic I use is place a bet and if it loses, place the same bet but double the amount and continue doing this until you win. You'll eventually get your money back and will make a tidy profit.
I'd spend it on Roulette. The tactic I use is place a bet and if it loses, place the same bet but double the amount and continue doing this until you win. You'll eventually get your money back and will make a tidy profit.
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