High Yield Investment - never done it before, how do I get into it?

AndiW_2

I want to invest in a HYI but don't know where to invest or how much, does anyone have any experience of this?

Thanks in advance!

dunstonh

What sort of high yield? Bonds, Equities, Structured products etc?
What sort of risk?

What made you choose high yield or not any of the other strategies?

AndiW_2

dunstonh wrote: »

What sort of high yield? Bonds, Equities, Structured products etc?
What sort of risk?

What made you choose high yield or not any of the other strategies?

I'm not sure of the difference between the different types, the reason I chose high yield investments was due to the high intrest rates that they offer.

I would be looking to invest a small amount of money for high risk high intrest to earn money quicker, is this possible with HYI?

Thanks.

alanq

A promise of higher yield comes with a high risk of losing all your money otherwise why would anyone put their money into a low yield investment?

If you don't have the basic knowledge of the differences between the types then it seems unlikely these will be the right products for you.

Investing a small amount of money will probably mean charges will take a large chunk out of your investments.

dunstonh

I'm not sure of the difference between the different types, the reason I chose high yield investments was due to the high intrest rates that they offer.

Investments dont generally earn interest unless its fixed interest sector (bonds, gilts etc).

I would be looking to invest a small amount of money for high risk high intrest to earn money quicker, is this possible with HYI?

You could go 100% high yield bonds but that wouldnt be very effective as far as diversification goes and you could lose typically up to around 40% in a bad period. If you are taking on that level of risk, you may as well consider equities as well, especially higher yield equities (as the point of HYP is to have a diverse portfolio of higher yielding investments. Not just one thing).

You seem to be jumping to a solution without knowing what you want. How much is a small amount?

AndiW_2

Ahh this is not what I imagined, I heard about a website called hyifund.com but it is American and I can't put funds in it from the uk, i heard you just keep a small amount in it and watch it grow. So I figured I could just do the same but jot using that website but it sounds although I have been mislead as it is slot more complex than I first imagined.

G_M

If you send it to me, I'll send you monthly statements so you can 'watch it grow'.

Seriously, since you have so little idea who this company is, what the investment is, what the risks/benefits are, how it works, my suggestion above is just as good as your original plan.

dunstonh

So I figured I could just do the same but jot using that website but it sounds although I have been mislead as it is slot more complex than I first imagined.

You can do it in the UK using UK investments. However, there are tens if not hundreds of thousands of options and unlimited variations.

It is not complex but if you want to do it correctly then you need to put some effort in or use someone to do it for you. Random selections without any research will almost certainly let you down and you will end up disappointed. You would be better doing nothing than risking money on unresearched punts.

dzug1

There are plenty of posts out there claiming that your particular high yield programme is a scam

Certainly their website doesn't inspire confidence - no contact address or phone, no information about how they achieve what they claim to, no names

kathleenryd

Sounds like a scam. Loads of them out there. Definitely stay away.

debbie42

There is a forum on the Motley Fool dedicated to the High Yield Portfolio (HYP) approach, and a brief overview here:
http://www.fool.co.uk/Investing/guides/The-High-Yield-Portfolio.aspx