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Higher risk for £10k what would you do?

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Comments

  • JohnRo wrote: »
    The positive correlation between GDP growth and equity return is practically none existent, sketchy at best.

    yes i understand with your position. if i told ten years ago to invest in Brazil you thought i was mad. but now it has a strong economy and many investors have made allot of money from investing there. i have invested in Ghana through reflexecogroup I invested £20,000 and in a year i made 20%- 30% profit. not only that they sing all client to insurance so if Ghana government went bankrupt i would get my money i invested back.

    what basically happens is the government will have a contract to build a road or bridged or gutter. so i invest 20k they math my investment to a contract 28k then they will hire the work for 10k. all the rest is profit
  • dryhat
    dryhat Posts: 1,305 Forumite
    edited 11 April 2013 at 1:13PM
    Grouchy wrote: »
    Having come into some money and placed most of it 'sensibly' I would also like to invest around £10k in higher risk (but not silly) options but for a maximum timeframe of 1 year. I have read the Tim Hale book as suggested on here to me in the past, found it useful, but find he is best at safe-ish investment advice.

    The way I'm looking at it is this is a bit of money to dip my toe in the water of a potential higher return options and at the same time learn through experience of investiment money which is not just in 'normal' savings ways. I won't be relying on income from this money for the year. I am also thinking (perhaps wrongly?) that is might be fun/interesting.

    What would you do in my situation or what are the best options for me to consider?

    Thanks in advance.

    if you want potential for high returns and don't mind a bit of risk, you should consider bitcoin

    £10k of bitcoins bought 4 weeks ago would now be worth about £40k
    (at yesterday's high they would have been worth about 60k)

    this spectacular rise could easily be repeated in the coming months, but - like buying into any speculative bubble, it's all about timing.

    DYOR
  • FatherAbraham
    FatherAbraham Posts: 1,024 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    brasso wrote: »
    5 years is a totally random number. You could still lose money over 5 years.

    It's not a totally random number. It's far less likely that one will have lost money over a five-year holding period than over a one-year holding period.

    However, a one-year, risky holding may make sense when viewed in the context of the entire portfolio: if 95% is in cash deposits, then 5% in the market for a year isn't that dangerous, in terms of the entire sum held.

    Warmest regards,
    FA
    Thus the old Gentleman ended his Harangue. The People heard it, and approved the Doctrine, and immediately practised the Contrary, just as if it had been a common Sermon; for the Vendue opened ...
    THE WAY TO WEALTH, Benjamin Franklin, 1758 AD
  • IronWolf
    IronWolf Posts: 6,445 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    dryhat wrote: »
    if you want potential for high returns and don't mind VERY HIGH risk, you could consider bitcoin

    £10k of bitcoins bought 4 weeks ago would now be worth about £40k
    (at yesterday's high they would have been worth about 60k)

    this spectacular rise could easily be repeated or reversed in the coming months, but - like buying into any speculative bubble, it's all about timing.

    DYOR

    I've corrected that for you :)
    Faith, hope, charity, these three; but the greatest of these is charity.
  • dryhat
    dryhat Posts: 1,305 Forumite
    IronWolf wrote: »
    I've corrected that for you :)

    Cheers.
    That is what I should have written.

    But I have said many times on other posts on this subject that I acknowledge the price could collapse or even go to zero.
  • I completely disagree with the whole one year isn't long enough. For a smaller amount of your overall wealth, one year is fine.

    Have you considered Contracts for Differences? These are highly leveraged products but with the right Broker (who doesn't churn you) you can have the potential for good returns.

    I use Daniel Stewart and think they are great. Actually I say they but it's my individual Broker that is good.

    You need to understand the risks associated with leveraged products but a good Broker will not over trade you and look at FTSE 100 stocks more.
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