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High Risk Investment

Hi,

I like a bit of a gamble and am wanting to invest around £25-50 per month on something high risk that if correct I do well but if not then I am not blowing a fortune...

Any suggestions?

Thanks
«134

Comments

  • Totton
    Totton Posts: 981 Forumite
    Hi,
    How high is high I wonder, for 25-50 pm you could go for a monthly plan into a high risk investment trust, perhaps JPMorgan Russia or Fidelity China or similar. Alternatively you could drip feed into one of the aggregated share buying services and go for a high risk equity purchase along the lines of a bank :-)

    Downscale you could go for a monthly plan into a OEIC or Unit Trust plan, perhaps going for JPM Natural Resources, the new Artemis Global Energy or Jupiter India fund or similar.

    There are so many choices out there, I see that iii do an aggregated share purchase scheme but there are probably others. Other alternatives could be CFD's or Spread Betting but I do not know if any allow drip feeding small amounts in.

    I'm sure others more insightful will be along shortly to help, good luck!
    Mickey
  • jimjames
    jimjames Posts: 18,552 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    As above, depends on risk but investment trust share plans are a very good way to buy possibly risky investments at low cost and for reasonably small amounts of money.

    Others to consider are F&C, Aberdeen, Fidelity, Black Rock, Templeton or Martin Currie investment trusts. All charge either just stamp duty to buy or stamp duty plus around 1% with no minimum which makes it pretty cost effective.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Thanks for the advice guys.

    Apologies as I am a complete novice at this.

    What do I need to be looking at to consider this?

    I was hoping to look at a few links and then when decided I just set up a direct debit each month but looks a bit more complicated?
  • MyLastFiver
    MyLastFiver Posts: 853 Forumite
    You could consider spread-betting on currency pairs and commodities. The ability to leverage your trades means that you can open larger positions relative to your starting capital.

    Beware though - very high risk and very easy to lose the lot. Start with a demo account (using monopoly money) and read up on money management and risk management.

    Google Forex.
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  • justpaper
    justpaper Posts: 856 Forumite
    playing the forex game with £25-50 per month is not going to gain much at all, and doing it with a market maker is even going to be more harder, it is high risk, but u wont get high gains, building it up to £500 will get u a market marker account. and you could make some good money from it if u trade good,

    but remember market makers = bucket shop = traders get left out of pocket
  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    One way is to open a stocks and shares ISA with Hargreaves Lansdown then sign up for their minimum £50 a month regular investment into one fund.
  • jimjames
    jimjames Posts: 18,552 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Thanks for the advice guys.

    Apologies as I am a complete novice at this.

    What do I need to be looking at to consider this?

    I was hoping to look at a few links and then when decided I just set up a direct debit each month but looks a bit more complicated?
    It really depends how high risk you want to go. As a novice something like currency spread betting is going to be one of the most high risk things you can do and if you get it wrong then you could lose a lot more than your stake.

    Some links to different providers. As per Jamesd's comment, if you don't already have an ISA then HL are a good place to start but you'll need £50 per month to get going.

    http://www.fandc.com/new/it/Default.aspx?id=78408
    http://www.invtrusts.co.uk/
    http://www.blackrock.co.uk/CompliancePage/index.htm?originalUrl=/Intermediaries/InvestmentOptions/InvestmentTrusts/InvestmentTrusts/index.htm
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Catbells
    Catbells Posts: 863 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Another novice here.
    Do you just call H Lansdowne up and set up a S/O with them?

    I currently save £200 a month for holidays iN a preferential regular saver which gives a small interest at the end of a year and I don't touch it for the year. Could I improve on this by going with HL at high/medium risk? Thanks.
  • jem16
    jem16 Posts: 19,575 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Catbells wrote: »
    Another novice here.
    Do you just call H Lansdowne up and set up a S/O with them?

    I currently save £200 a month for holidays iN a preferential regular saver which gives a small interest at the end of a year and I don't touch it for the year. Could I improve on this by going with HL at high/medium risk? Thanks.

    Investing for a year is not medium/high risk - it's gambling.

    You are just as likely to lose money.
  • Catbells
    Catbells Posts: 863 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    jem16 wrote: »
    Investing for a year is not medium/high risk - it's gambling.

    You are just as likely to lose money.

    Do you mean I would have to leave it in for longer?
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