High Risk Investment

david_rennies_sofa

Hi,

I like a bit of a gamble and am wanting to invest around £25-50 per month on something high risk that if correct I do well but if not then I am not blowing a fortune...

Any suggestions?

Thanks

Totton

Hi,
How high is high I wonder, for 25-50 pm you could go for a monthly plan into a high risk investment trust, perhaps JPMorgan Russia or Fidelity China or similar. Alternatively you could drip feed into one of the aggregated share buying services and go for a high risk equity purchase along the lines of a bank :-)

Downscale you could go for a monthly plan into a OEIC or Unit Trust plan, perhaps going for JPM Natural Resources, the new Artemis Global Energy or Jupiter India fund or similar.

There are so many choices out there, I see that iii do an aggregated share purchase scheme but there are probably others. Other alternatives could be CFD's or Spread Betting but I do not know if any allow drip feeding small amounts in.

I'm sure others more insightful will be along shortly to help, good luck!
Mickey

jimjames

As above, depends on risk but investment trust share plans are a very good way to buy possibly risky investments at low cost and for reasonably small amounts of money.

Others to consider are F&C, Aberdeen, Fidelity, Black Rock, Templeton or Martin Currie investment trusts. All charge either just stamp duty to buy or stamp duty plus around 1% with no minimum which makes it pretty cost effective.

david_rennies_sofa

Thanks for the advice guys.

Apologies as I am a complete novice at this.

What do I need to be looking at to consider this?

I was hoping to look at a few links and then when decided I just set up a direct debit each month but looks a bit more complicated?

MyLastFiver

You could consider spread-betting on currency pairs and commodities. The ability to leverage your trades means that you can open larger positions relative to your starting capital.

Beware though - very high risk and very easy to lose the lot. Start with a demo account (using monopoly money) and read up on money management and risk management.

Google Forex.

justpaper

playing the forex game with £25-50 per month is not going to gain much at all, and doing it with a market maker is even going to be more harder, it is high risk, but u wont get high gains, building it up to £500 will get u a market marker account. and you could make some good money from it if u trade good,

but remember market makers = bucket shop = traders get left out of pocket

jamesd

One way is to open a stocks and shares ISA with Hargreaves Lansdown then sign up for their minimum £50 a month regular investment into one fund.

jimjames

david_rennies_sofa wrote: »

Thanks for the advice guys.

Apologies as I am a complete novice at this.

What do I need to be looking at to consider this?

I was hoping to look at a few links and then when decided I just set up a direct debit each month but looks a bit more complicated?

It really depends how high risk you want to go. As a novice something like currency spread betting is going to be one of the most high risk things you can do and if you get it wrong then you could lose a lot more than your stake.

Some links to different providers. As per Jamesd's comment, if you don't already have an ISA then HL are a good place to start but you'll need £50 per month to get going.

http://www.fandc.com/new/it/Default.aspx?id=78408
http://www.invtrusts.co.uk/
http://www.blackrock.co.uk/CompliancePage/index.htm?originalUrl=/Intermediaries/InvestmentOptions/InvestmentTrusts/InvestmentTrusts/index.htm

Catbells

Another novice here.
Do you just call H Lansdowne up and set up a S/O with them?

I currently save £200 a month for holidays iN a preferential regular saver which gives a small interest at the end of a year and I don't touch it for the year. Could I improve on this by going with HL at high/medium risk? Thanks.

jem16

Catbells wrote: »

Another novice here.
Do you just call H Lansdowne up and set up a S/O with them?

I currently save £200 a month for holidays iN a preferential regular saver which gives a small interest at the end of a year and I don't touch it for the year. Could I improve on this by going with HL at high/medium risk? Thanks.

Investing for a year is not medium/high risk - it's gambling.

You are just as likely to lose money.

Catbells

jem16 wrote: »

Investing for a year is not medium/high risk - it's gambling.

You are just as likely to lose money.

Do you mean I would have to leave it in for longer?