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So whats good to invest in now?

Other than property.

I was just wondering because I got a crisp new £5 note in a card from me nan. I think there were supposed to be two but the postie got his thumb in there.

My mum says I should start saving with one of them junior savers with the Midland where you get an ace new pencil case, a calculator thats also a ruler, AND a load of stickers of a sort of griffin thing to trade with your mates.

Dad says I'd get a much better yield with gold or silver though, but then uncle Steve says those have topped out and I should just invest in some kind of managed fund.

What to do...
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Comments

  • LisbonLaura
    LisbonLaura Posts: 1,121 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    No contest. It has to be: Irish foam nuggets
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Other than property.

    I was just wondering because I got a crisp new £5 note in a card from me nan. I think there were supposed to be two but the postie got his thumb in there.

    My mum says I should start saving with one of them junior savers with the Midland where you get an ace new pencil case, a calculator thats also a ruler, AND a load of stickers of a sort of griffin thing to trade with your mates.

    Dad says I'd get a much better yield with gold or silver though, but then uncle Steve says those have topped out and I should just invest in some kind of managed fund.

    What to do...

    easter eggs are going cheap right now, pile in quick before the general public start buying them.
  • mbga9pgf
    mbga9pgf Posts: 3,224 Forumite
    FTSE 250 I reckon. I can see a global boom once the commodities market sorts itself out in the next wave down.
  • First of all, you must go to Tesco and buy some of those little chocolate gold coins. Yummy Yummy. Probably £2.50.

    As to the rest, then take the train to London and give the rest to a nice little man called J P Morgan. Ask his advice. He will probably advise 50 pence in India, 50 pence in China. 50 pence in Natural Resources, and 50 pence in Brazil. As to the other 50 pence, then it's only 20% of our capital. So you need to take a real gamble with this. Ask Mr J P Morgan to put this into a UK Fund.

    I'm sure he will laugh at you and advise strongly against. But insist you are a big gambler. Insist that there is a small chance that UK can find a way of competing in the world over the next 30 years. Miracles do happen. Someone may invent something that means we can export something again. But it's worth a punt.

    Now sit back and let all this grow. When you approach retirement, go to Mr Morgan and see how much he will give you back. If you don't think it's enough to retire on, just come back to this forum explaining that you are 1 year off retirement and are therefore starting to think about a pension to supplement the money you have invested with Mr J P Morgan.

    You will then get some more good advice.

    Good lad.

    Make sure you keep up your attendance at school properly.
  • chewmylegoff
    chewmylegoff Posts: 11,469 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    i'm pretty sure from what i've read on this site, that JP Morgan will advise you to take an enormous naked short position in silver futures.
  • ILW
    ILW Posts: 18,333 Forumite
    Crack Cocaine can show a return of better than 500%.
  • Not a good day to buy Sony............. Tomorrow perhaps :)
    Not Again
  • LisbonLaura
    LisbonLaura Posts: 1,121 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    McFlamish says garlic is better than gold, & he can prove it.
  • bendix
    bendix Posts: 5,499 Forumite
    Christ alive, jpmorgue, you're a crashing bore.

    Do you have any other subjects to post about?
  • ILW
    ILW Posts: 18,333 Forumite
    Is silver worth investing in?
    Does anybody have any views?
This discussion has been closed.
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