Anyone any ideas on how to get a 12% annual return?

rictus123

On say a "bank" of 3k, how do you think i could get a return of 1% a month? Aim would be to make miniumum 1% a month, maybe even aim high and go for 2% if possible. Any idea? About £30 a month min return from £3k bank.

barak

A guaranteed annual return of between 12% and 24% is well within the range until recently offered by Bernie Madoff.

He is probably back in business by now - you could try to contact him c/o Butner Federal Correctional Complex near Raleigh, N.C. - he may be elsewhere, but I expect they will forward your draft. :mad:

[With apologies!]

opinions4u

rictus123 wrote: »

On say a "bank" of 3k, how do you think i could get a return of 1% a month? Aim would be to make miniumum 1% a month, maybe even aim high and go for 2% if possible. Any idea? About £30 a month min return from £3k bank.

You may say I'm a dreamer .... but I'm not the only one.

rictus123

Im sure someone has managed it? Maybe i should just stick it on a 1.2 shot on betfair. Not getting much advice on what to do money wise on here. Dont want to stick to a boring 4% saver but priced out of shares and funds.

Linton

rictus123 wrote: »

Im sure someone has managed it? Maybe i should just stick it on a 1.2 shot on betfair. Not getting much advice on what to do money wise on here. Dont want to stick to a boring 4% saver but priced out of shares and funds.

Getting 12% in a year is easy - many of my unit trusts have gone up over 50% this year. Unfortunately the resultant increase in wealth about matches the decrease the year before.

bendix

If people had a way to guarantee 1-2 per cent a month, don't you think everyone would do it?

The higher return you want, the more risk. Shares might give you that, and 3000 is certainly not too low to get into shares or funds.

barak

rictus123 - Being serious, some people will manage it - a few may even double their money in 12 months - but you will need a crystal ball to look into the future to tell who they will be.

rictus123

bendix wrote: »

If people had a way to guarantee 1-2 per cent a month, don't you think everyone would do it?

The higher return you want, the more risk. Shares might give you that, and 3000 is certainly not too low to get into shares or funds.

First person iv ever thanked for a post as bendix you seem to know your stuff, could you please take a minute to just tell me how to get involved and get started? The naked trader mught be getting ordered tonight. If i was going in now it would be about £1000 but if i was to wait a bit i could put in upto £3000.

bendix

Go to https://www.h-l.co.uk. It is Hargreaves Landsdown's website. They enable you to buy into a range of thousands of managed funds which invest in any number of different types of assets.

You can set up an account and just go from there. Invest 1000, and drip feed 50 or a hundred a month and you'll be fine.

You just need to understand that investments can go down in value as well as up. There are no sure bets. The key is deciding how much you are prepared to lose.

What are you investing for? Anything in particular? What are you time horizons?

pressuredrop_2

Or just drip £50/month, or more, if you don't wish to part with the £1000.

rictus123

bendix wrote: »

Go to www.h-l.co.uk. It is Hargreaves Landsdown's website. They enable you to buy into a range of thousands of managed funds which invest in any number of different types of assets.

You can set up an account and just go from there. Invest 1000, and drip feed 50 or a hundred a month and you'll be fine.

You just need to understand that investments can go down in value as well as up. There are no sure bets. The key is deciding how much you are prepared to lose.

What are you investing for? Anything in particular? What are you time horizons?

Ok il go and have a little research now. Thanks for that. Do you think since im dealing with such a small amount(compared to most it seems) i should just stick to the 1 fund? What would you suggest putting away?

Well im investing for hopefully a bit of growth in my money, i find if i have my money in cash(sitting in a bond or isa or simular) im alot more likely to spend it when i really dont need to. If i had it in something like a fund id be alot more likely to leave it where it is and check up on its progression every so often while learning about all the markets for when iv got alot more disposable income available to me. Really im hoping put it away and with some drip feeding and a couple more £1k investments into other funds, have about £5-6k tied up in funds hoping for more growth than the measly 3% most banks offer, but while understanding theres a risk i could lose a few % aswel.

Thanks for your help so far.