📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

High risk investment - where to start

Options
hi, I'm looking to invest roughly 50-200 per month long term (5-10 years)

Any idea where I can start looking or getting any information regards this

thanks
«1

Comments

  • I'd open an investment ISA where you can invest in a basket of FTSE100 stocks and re-invest the dividends. You can do regular investments in an ISA and drip feed your money into stocks.

    Have a look at this book to learn, it's highly rated.

    http://www.amazon.co.uk/Naked-Trader-Anyone-Trading-Shares/dp/0857194135/ref=sr_1_1?ie=UTF8&qid=1425567341&sr=8-1&keywords=Naked+Trader+3
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    edited 5 March 2015 at 3:58PM
    Did you try Googling high risk investments? There are all sorts of hare-brained high risk schemes out there.

    £50 for five years gets you a £3k investment, £200 for ten years gets you a £24k investment. Most people would start with investment funds or investment trusts. If you are buying individual shares then you will be spending at least £1.50 of your £50 contribution on fees every month. It is more efficient at £200 a month if you want to go that way. You can get cheaper access to the stock market via funds. The forums here are a good start and give you pointers to other reading material as you go through the threads.

    If you invest slowly month by month over a decade your £24000 would only actually be 'at work' on average for half the time. What is high risk to you over a five year period? Losing 80% of it? Losing 20% of it?
  • ChesterDog
    ChesterDog Posts: 1,145 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I didn't expect to see someone actually seeking out a high-risk investment.

    In looking for a possibility of a high return, you can find that you have to accept high-risk investments to have a chance of the return but, of course, the higher the risk the less chance there is of achieving it.

    But to seek out a high-risk investment per se seems well, risky.

    Sorry if that seems pedantic; feels like cart and horse the wrong way about.
    I am one of the Dogs of the Index.
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    ChesterDog wrote: »
    Sorry if that seems pedantic; feels like cart and horse the wrong way about.
    You should always put the cart before the horse if you are trying to line them up in alphabetical order. :D

    But you're right, generally people look for high returns and have to accept high risk as a consequence, rather than specifically looking for high risk as a goal in itself!
  • dunstonh
    dunstonh Posts: 119,764 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    High risk investment - where to start

    If you have to ask a bunch of unknowns on the internet, then you dont start. You are not ready.
    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.
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    dunstonh wrote: »
    If you have to ask a bunch of unknowns on the internet, then you dont start. You are not ready.
    Or alternatively you are the perfect candidate for a high risk investment with an untimely demise!
  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    OP you could ask what Ed Milliband would invest in, and go with that lol
  • Russia.
    probably the highest risk, best value you can buy now.

    if oil prices start to rise and they stay away from corruption and war- you could win 8 fold.

    risky enough for you?
  • dunstonh
    dunstonh Posts: 119,764 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    OP you could ask what Ed Milliband would invest in, and go with that lol

    He would say Scotland as that is where all the money is going to go post Election ;)
    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.
  • Russia.
    probably the highest risk, best value you can buy now.

    if oil prices start to rise and they stay away from corruption and war- you could win 8 fold.

    risky enough for you?

    Yeah that's an interesting suggestion! I'm not a fund guy but the following was suggested to me to get exposure to Russia without trading their stocks. Down about 40% now from 55%.

    Neptune Russia & Greater Russia

    http://www.hl.co.uk/funds/fund-discounts,-prices--and--factsheets/search-results/n/neptune-russia-and-greater-russia-class-c-accumulation/charts
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.