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£2000 to invest - but where?
tony_baduk
Posts: 112 Forumite
Hi there,
I have no knowledge in investing however I am looking to invest £2000 which I won't need to touch in the short term. What type of investement is best in this case?
A few other q's:
1) Is it better to put more than this?
2) Is there a risk that I may lose all the £2000?
3) What other similar schemes are useful?
4) What kind of return will I get?
Thanks.
I have no knowledge in investing however I am looking to invest £2000 which I won't need to touch in the short term. What type of investement is best in this case?
A few other q's:
1) Is it better to put more than this?
2) Is there a risk that I may lose all the £2000?
3) What other similar schemes are useful?
4) What kind of return will I get?
Thanks.
0
Comments
-
In a straight forward savings account you could hope to get about £120 gross per annum.
If it was in a cash ISA there would be no tax to pay.
If you want to gamble with it the gains or losses are variable...0 -
I'm in the same boat, I think ISA is safest, or onlne share dealing. However that is risky and you'd need to read up alot and try and predict the market (not easy).0
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