£30,000 Investment Challenge - Can you beat it?

sheilanick

£30000 each way on 20-1 to win 1.30 at Cheltenham....

Lokolo

ed123 wrote: »

...if they say invest, they mean they will probabley lose the money in the stock market...

Yes, but you cannot do this with no risk. Read the ops post. 'I want to invest with no risk.' Then lists loads of savings accounts.

dunstonh

ed123 wrote: »

...if they say invest, they mean they will probabley lose the money in the stock market...

Invest doesnt have to mean stockmarket. There are other asset classes. Generally, invest means longer term and included some element of risk.

tradetime

I'd save myself the grief, fill the ISA up first pref a fixed rate one if you can get it, and put the rest in the best 1yr fixed rate account you can find, variable rate accounts will be tracking much lower going forwards. Moving your money around all over the shop will just cost you interest in lost days between transfers, false economy in most cases imho

jon3001

Stonk wrote: »

Boring! Why do some people feel an overwhelming need to constantly point out the technical difference between "saving" and "investing", when it is perfectly clear what is meant from the context.

Because it's annoying to open up a thread that you thought was about investing when it wasn't all at.

Stonk wrote: »

It is just as pedantic and nose-in-the-air-superior-I-know-better-than-you as those people who point out incorrect grammar. Oh, and, err, you missed an apostrophe in "that's".

There's a huge difference between saving and investing. If people are showing their ignorance of such things on a financial website then they can expect to have it pointed out.

earlgrey_3

dunstonh wrote: »

Its quite a different meaning. If someone says invest then its suggests they are looking at investment options. If they say save, then it suggests savings options. So, getting it the wrong way round without clarification could lead to incorrect answers.

English is a wonderful language and one reason for that is the way it evolves.

"Invest" is widely understood as a generic term used to mean both to invest and to save with their more specific meanings.

I think IFAs should be adequately trained to understand the use of both generic and specific terms. For anyone for whom English is their first language it shouldn't be necessary.

I gather pedantry is often the result of overly rigid potty training.

Lokolo

earlgrey wrote: »

English is a wonderful language and one reason for that is the way it evolves.

"Invest" is widely understood as a generic term used to mean both to invest and to save with their more specific meanings.

I think IFAs should be adequately trained to understand the use of both generic and specific terms. For anyone for whom English is their first language it shouldn't be necessary.

I gather pedantry is often the result of overly rigid potty training.

Unless you stop with the IFA bashing a lot of people are going to complain about you, so please, stop it. dunstonh is very useful on these forums and lately he's getting hacked off with you and others for acting like a 12 year old.

If you want to have a discussion then fine, but theres no need to keep banging on about how much you hate IFAs, so leave it out ok?

And invest as a generic term is used by people that don't understand what it means, so in fact we are teaching them what it actually means so they don't get it wrong in the future.

earlgrey_3

jon3001 wrote: »

Because it's annoying to open up a thread that you thought was about investing when it wasn't all at.

Yes I thought it was about money in some way then found it was full of characters wittering on about the true meaning of a word.

Ian_W

Lokolo wrote: »

you and others for acting like a 12 year old.

Please retract that - it's very insulting!

I know many 12yr olds with better manners and less obvious "chips on shoulders". :rolleyes:

earlgrey_3

Lokolo wrote: »

Unless you stop with the IFA bashing a lot of people are going to complain about you, so please, stop it. dunstonh is very useful on these forums and lately he's getting hacked off with you and others for acting like a 12 year old.

If you want to have a discussion then fine, but theres no need to keep banging on about how much you hate IFAs, so leave it out ok?

And invest as a generic term is used by people that don't understand what it means, so in fact we are teaching them what it actually means so they don't get it wrong in the future.

Young master Lokolo you are acting like a 19 year old, which I gather you are, but a very immature one. I had hopes for you.

I in no way hate IFAs. I have good friends who are IFAs. At the same time it is completely correct on a forum such as this that people should understand the pitfalls when anyone is remunerated by differential commission that can lead to potential conflicts of interest.

When you are a little older I hope you will become a little wiser and less gullible without it costing you too much. Before you take it upon yourself to teach others the meaning of invest I'd suggest you have an awful lot to learn yourself.

These forums are not simply for IFAs to use to garner business leads, even though Dunston has said in the past the amount of business he gets here is small. Nor can their views go unquestioned.

If you must do your brown-nosing please do it in private.

Now why don't you now try to help the OP with the question he asked without being quite so smug with him.