Good investment vehicle

cheerfulcat

Hi, follyfoot,

You might like to have a look here; and this might be a better place than MSE to ask your question. Whatever you do, don't put the whole lot in one place, unless it's the building society.

HTH

Cheerfulcat

schiff

follyfoot - with respect, I think your hopes/expectations are beyond the realms of reality. Doubling your money in one year is something we would all like to do and reading about shares that double and treble and even more in very short time spans makes it seem as if anybody can do it.
Surely your desire to have most if not all of your pot intact in 12 months for a mortgage would preclude any real risk surely?
You seem to have done well with your AIM investments. If you want to have a 'pop' at some dramatic increase with less risk to your overall savings, why not put £10K into oil and gas explorers/producers and hope you have picked the right ones! Not easy, but it's a field where sizeable profits are possible - but it's only maybe, not definite, and it might need more than 12 months. Do your own research and spread the risk round, say, 5 companies.
And put the other £40K where it's not at risk for the best interest rates available.

moneyandmountains

crossleydd42 wrote:

Shares are no use (even if you picked the right ones) because you only want to tie up the money for one year.

I'm confused by this statement. You can hold both shares and funds for less than a year.

miaxmia

Can anyone tell me what AIMS are? I am new to this website and so many abbreviations are used, it is difficult to work some of them out! :j

follyfoot

miaxmia wrote:

Can anyone tell me what AIMS are? I am new to this website and so many abbreviations are used, it is difficult to work some of them out! :j

AIMS=Alternative investment market. it is for companies that dont have a high enough turnover to be listed on the London stock exchange (LSE). however if you invest wisely and the fortunes of the company change you can make money, particularly if they become listed on the LSE. traders dont want to trade with companies that are here today and gone tomorrow.so being listed on the LSE is a good sign.

schiff

moneyandmountains - I think the point is that, unlike funds in a bank account etc where you can get at your cash quickly or immediately, you CAN get at the proceeds of your shareholdings, but it could be a very inopportune time to do so!

If the market has flopped or your shares have not yet 'performed', for example. This is one of the very risky aspects of investing in shares, especially if you are using borrowed (please don't go down this route!) money, or money you need to get at soon or in an emergency. I would guess that many sales at a loss fall into this type of category.

Generally speaking shares should be acquired as an investment, as they could take years to come to fruition. Unless of course you are in to spread betting or very short-term dealing (which has strong elements of gambling about it).

The legendary Warren Buffett usually bought shares and kept them for ages, which is mainly how he made his fortune. But you do have to have quite a few years to live and mounds of patience to follow his example!

al_yrpal

Presuming you have a partner, to get the highest return you should both put £7000 in an a high performing equity ISA to avoid tax. The rest also in equities through funds or investment trusts (shares are too risky for a novice). Funds of Funds unit trusts, and high performing Investment Trusts would give the best 'safe' return. (nothing is safe!) You can look up past performances here https://www.trustnet.com to pick the 'particular vehicles'. With no knowledge at all you stand a good risk of getting burnt. If I were you I'd consult an IFA (see https://www.unbiased.co.uk), pay him a consultation fee and leave the rest to him. If he were to pick correctly you could be looking at a return of 40% in a year. 100% is unrealistic.

crossleydd42

moneyandmountains wrote:

I'm confused by this statement. You can hold both shares and funds for less than a year.

Considered advice is that the average person who deals in shares is recommended to only invest in shares over a five year period, which would iron out the peaks and troughs and usually produce a good gain. Of course the cognacenti can dabble in and out all they want. At the point I wrote this, he had not revealed that he's already been investing on the AIMS market. And 50% seemed to suggest someone inexperienced in that field.

EdInvestor

I would suggest you follow up Schiff and Cheerful cat's suggestions.