£10,000 - what to do? Watch

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Traum
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#21
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#21
Amsterdam, las vegas, Thailand...

you get the idea... but whatever you do don't invest it... you have a life time to do that n only 1 chance of being young...

go n buy a car or sumfing...
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bananas1234
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#22
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#22
Give it to me, I will see it goes to good use
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Biffy Clyro
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#23
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#23
but whatever you do don't invest it... you have a life time to do that n only 1 chance of being young...
Yep, I plan on spending a fair bit of the money Ill make over the next few months before uni. Just wanted 10,000 saved so Id have less of a student loan at the end of it!
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Traum
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#24
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#24
(Original post by Biffy Clyro)
Yep, I plan on spending a fair bit of the money Ill make over the next few months before uni. Just wanted 10,000 saved so Id have less of a student loan at the end of it!
wow... you make 10000 in a few months? What do you do...

whatever it is just keep on doing that... seems to me it's better than any sorts of small investment you can make at the mo...:p:
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Talya
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#25
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#25
Lets be honest here, students will be students, and if you only want to use it to pay off your loan at the end of uni.. put it somewhere you CANNOT touch it For 6 months or something. Or a year, the longer you leave it (generally) the better the rate.
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dude79
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#26
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#26
try http://www.housepricecrash.co.uk/forum

they have an investment section

post it on there, they'll give you some tips!!

i'd say stick it in a stock market tracker

then use it for a round the world trip when you've graduated!
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Bailey
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#27
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#27
£10,000?

gin and loose women.

Simple
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silence
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#28
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#28
have a look at various ISAs or various savers. the chelsea building society often do decent ones at around 5%.
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Mandy.Massey
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#29
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#29
get an ISA and put £3k in now. open an online saving account with northern rock for the rest. after april transfer another £3k to the ISA and look at opening a maxi isa if the markets are looking up.
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Sham1983
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#30
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#30
Why dont you buy £10,000 worth of Iraqi currency. You'll get loads of it!

Then, in a few years time, when the Iraqi economy booms, exchange it all back for GBP!

You can't lose! I promise*













*Not a promise
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Tarts_n_Vicars
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#31
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#31
High Interest savings account, some of the internet banks offer better rates than the high street ones, try www.smile.co.uk, www.cahoot.co.uk, www.firstdirect.co.uk If you're a student anyway you won't pay tax on the interest so aside from the interest rate you'd have nothing to gain from sticking it in an ISA.

I wouldn't recommend stock linked ISAs or investments, unless you can afford to gamble with the money of course!
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Darth Excluder
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#32
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#32
I would buy a new budgie because my old one is boring (joke!) but i would buy myself another Iguana to replace my one that died- and refurbish a whole room for it to live in. THATS WHAT ID DO WITH 10,000, oh, and give the remainder to charity.
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wazzup
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#33
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#33
invest in shares.
biofuels.they went up recently by 30%.
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silence
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#34
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#34
and many other shares will have gone down by 30%, or more. shares are way to risky for students.
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President_Ben
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#35
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(Original post by silence)
and many other shares will have gone down by 30%, or more. shares are way to risky for students.
A diversified basket will typically net 10 to 17 percent over the years.
Carl
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#36
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#36
I know a man in the South of France who'll look after it for you

Alternatively email random Nigerian people to look after it in return for a pay off of several million dollars. That'll do the trick.
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Keybolasosa
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#37
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#37
(Original post by fatyeung)
my 1st year uni will cost me £14,800 (estimate)....
HOW ON EARTH!!!!!!!!!!!!!!!!!!!!!

Did you spend that much in one year at uni?
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Segat1
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#38
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#38
put it in a Halifax account - they will give you a piece of paper saying "I O U £10,000" will leave the country. Simple!
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Joseppi
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#39
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#39
(Original post by Keybolasosa)
HOW ON EARTH!!!!!!!!!!!!!!!!!!!!!

Did you spend that much in one year at uni?
I was thinking that. I dont think i have ever spent that much money in my life.
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The Albatross
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#40
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#40
(Original post by Keybolasosa)
HOW ON EARTH!!!!!!!!!!!!!!!!!!!!!

Did you spend that much in one year at uni?
:rolleyes: overseas student.

my bf is taiwanese and pays something along those lines.
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