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

debbie42

It's not effortless, but anyone who has actually done it would know that. Neither is investing, for that matter. I spend ages researching the markets, and would say that the "hourly return" has been far better from matched betting than my investment portfolio over the past few years.

My point was that matched betting returns do tail off, and tenacity is required to make returns then.

Dopple

I've made over £140k on 4 years with matched betting, but you have to do your homework, get your head around it, and not follow the crowd.

zygurat789

A zimbabwean bank high interest account perhaps

clairbear_3

HAMISH_MCTAVISH wrote: »

I bought into Pubco's &
Oil service companies

Great theyve lost about 20% this week:eek:

Think OP is looking for guaranteed %

You could get 7-8+ % using the best savings/current accounts + cashback sites:beer:

Aegis

clairbear wrote: »

Think OP is looking for guaranteed %

You could get 7-8+ % using the best savings/current accounts + cashback sites:beer:

I don't think you could at the moment. Best fixed rate is still around 5.5% at the moment (before tax). Regular savers might still offer a higher notional rate, but because of the drip feeding it's currently going to be better to just put money into the highest fixed term account for most people with a lump sum to stash away.

clairbear_3

A&L Premier Direct pay 6% plus £50 cashback
Plus extra £5 per month for sending 1k to halifax reward and back
Online saver iss6 has £20 cashback and 3% interest
Requires a bit of effort but should achieve 8%+
Oh and get a 0% on purchases/12 month(Tesco)CC so youre not spending your savings

Aegis

clairbear wrote: »

A&L Premier Direct pay 6% plus £50 cashback
Plus extra £5 per month for sending 1k to halifax reward and back
Online saver iss6 has £20 cashback and 3% interest
Requires a bit of effort but should achieve 8%+
Oh and get a 0% on purchases/12 month(Tesco)CC so youre not spending your savings

I don't really count cashback as part of an annualised return...

HAMISH_MCTAVISH

clairbear wrote: »

HAMISH_MCTAVISH wrote: »

I bought into Pubco's &
Oil service companies

Great theyve lost about 20% this week:eek:

They're still up 100% since I bought them.;)

Think OP is looking for guaranteed %

You could get 7-8+ % using the best savings/current accounts + cashback sites:beer:

The OP is looking for 12% to 24% per annum.

You can't get that without taking on considerable levels of risk.

sleepless_saver

Low risk options. I'd split the £3000 into 3 lots of £1000.

1. Open 3 Reward current accounts with HBOS and move the first £1000 between them each month. You get £5 a month as long as you move at least £1000 into a Reward account. Over a year, this will get you a risk free £180, which is an 18% tax free return on your £1000. Even if they only let you open 2 accounts e.g. one sole and one joint, this is still 12%.

2. Use the next £1000 as a float for matched betting which I would class as very low risk as long as you fully understand what you're doing. After a couple of weeks once you've got the easy money from that (should be at least £500), add it to -

3. the final £1000 in the best cash ISA you can get, say 3.5%. Over 12 months the £2500 in the ISA will get you a mere £87.50 interest.

But in total you will have made over £760, or 26% for a lot less risk than in equities.

leveller2911

I brought a very nice jug back in May for £365-00, sold it this week for £1,000.......... Pretty good return on the investment......

I have another which I paid £180-00 and that has ben valued at £500 so Im doing very nicely thanks.....