Turn on thread page Beta
    • Thread Starter
    Offline

    18
    ReputationRep:
    I want to make money by possibly investing what should I do? I don’t have much
    Posted on the TSR App. Download from Apple or Google Play
    Offline

    10
    ReputationRep:
    (Original post by Reece.W.J)
    I want to make money by possibly investing what should I do? I don’t have much
    Firstly work on creating the gap. Minimise expenditure and maximise income. Set a five year target of what you want to be worth and how to get there. Look at your skills. Look at where the demand is. Ask if you need to retrain or do more courses to get the gao bigger. Once you have £10k cash you can start looking at investing. What are your plans. Do you want a house or wedding in next five to ten years? If so you don’t want too much infested. Investments can go up and down and can be very volatile in the short run. In the long run they do increase but for that to be guaranteed we’re talking 10-15 years minimum. Don’t invest what you can’t afford to lose is the bottom line
    Offline

    16
    ReputationRep:
    (Original post by Reece.W.J)
    I want to make money by possibly investing what should I do? I don’t have much
    I don't know.
    • Thread Starter
    Offline

    18
    ReputationRep:
    (Original post by zeldusone)
    Firstly work on creating the gap. Minimise expenditure and maximise income. Set a five year target of what you want to be worth and how to get there. Look at your skills. Look at where the demand is. Ask if you need to retrain or do more courses to get the gao bigger. Once you have £10k cash you can start looking at investing. What are your plans. Do you want a house or wedding in next five to ten years? If so you don’t want too much infested. Investments can go up and down and can be very volatile in the short run. In the long run they do increase but for that to be guaranteed we’re talking 10-15 years minimum. Don’t invest what you can’t afford to lose is the bottom line
    I’m 16 doing a levels and don’t want a part time job so investing seems appealing
    Posted on the TSR App. Download from Apple or Google Play
    Offline

    19
    ReputationRep:
    (Original post by Reece.W.J)
    I’m 16 doing a levels and don’t want a part time job so investing seems appealing
    Replace the word "investing" with "an expensive form of gambling" and then ask yourself if you are still interested. For every short term investment deal, there is a winner and a loser and the broker takes his cut regardless. If you don't have much to invest and are looking for a short term win, you would be better off heading down to the arcade.
 
 
 
The home of Results and Clearing

2,637

people online now

1,567,000

students helped last year
Poll
How are you feeling about GCSE results day?

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

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