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Very high risk investment
dixie_dean_2
Posts: 1,812 Forumite
Hi, I've inherited a little money and have a few ideas in mind. I'm looking to invest a very small amount - between £500 and £1000 - in something very high risk. At the £500 end I'd be prepared to risk losing it all. I'm also then looking to invest around £3000 in a ftse-tracking share isa, if such a thing exists. I'll then probably also put £3000 ish into a cash isa. However, not sure if I'd be better paying off some of the mortgage, which is fixed for a further 3 years at 4.69%. Any thoughts/advice most appreciated.
Ta
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And if, you know, your history...
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I'm also then looking to invest around £3000 in a ftse-tracking share isa, if such a thing exists.
it exists but single sector investing is generally considered a bad idea. Its eggs all in one basket and is the UK likely to be the best place going forward?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Here are some starting points for companies
Ticker code below, SERIOUSLY HIGH RISK!
Always do your own research i recommend interactive investor as a basis
RMP
RRL
ORE
TRP
SOU
OTC
NTOG
SER
BMR
AOI
RKH
ARG
KAH
AST0 -
dixie_dean wrote: »I'm looking to invest a very small amount - between £500 and £1000 - in something very high risk. At the £500 end I'd be prepared to risk losing it all.
Companies in the AIM are high risk, so are shares in banks and insurers.
For a collective investment that's undoubtedly high risk, but with loads of potential upside, how about something like BlackRock Frontiers Investment Trust?
http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=MAFD9&univ=T
http://www.blackrock.co.uk/content/groups/uksite/documents/literature/1111134939.pdf
No easy sleeping with that one!
Give it a few decades, and your investment will be worth either nothing or a small fortune, so only check the value every decade or so.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
If you're thinking of shares, why bother? Horses have just as much potential and are a lot more fun.dixie_dean wrote: »I'm looking to invest a very small amount - between £500 and £1000 - in something very high risk.
You don't have to know anything about form, you can pick your bets with a pin. It works just as well with horses as it does with oil exploration shares."It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
If you're thinking of shares, why bother? Horses have just as much potential
Do you have the figures to back this up?
No, thought not.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
If I put £100 on a horse and it wins at 100-1 I've got £10100 less tax. In one afternoon. Shares rarely match that. What's the problem?gadgetmind wrote: »Do you have the figures to back this up?"It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
If I put £100 on a horse and it wins at 100-1 I've got £10100 less tax. In one afternoon. Shares rarely match that. What's the problem?
The problem seems to lie with your understanding of probability theory.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
There seems to be quite an Efficient Market in gambling on the gee-gees.
Not sure I subscribe to the efficient market theory in shares to the same extent.0 -
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