A little MORE advise please

frenchplonka

HI guys since joining MSE I have sorted out a reg savings plan where I have a 20% of my fund, a rainy day fun paying in 90 a month along with a holiday fund and a fund where I put in a lil each month to play poker events in 2016.

All in all im still left with a disposable amount of £266 after rent and bills are paid.

what I really wanna do is invest some of it into a stocks and shares fund etc Im not going to buy the shares myself pretty much its a fund I pay into and can be tailored to my risk level im thinking of putting in say £100 a month into this type of fund but taking the biggest risk investments and doing this for around 3 years could anyone give me some advice.

Also what THINKING of buying cold boullion or coins maybe one or 2 a month depending what i can afford and get as this would be a pretty safe physical investment no and would also be pretty cool.

I guess what im saying is im prepared to take some risks with my bit of extra funds

le_loup

frenchplonka wrote: »

cold bouillon

I must say I prefer hot soup!

PeacefulWaters

I'd be less exciting and look to top up my pension contributions.

masonic

3 years is not long enough for S&S if your aim is not to lose money. But if you are planning to hold for the longer term after those 3 years, then something like Vanguard Lifestrategy or L&G Multi Index might be worth a look. You would just need to choose a suitable risk level.

You could look at something like P2P, e.g. with Ratesetter where you could get 5.8% before tax on the 3 year market, or 6.6% on the 5 year market at the moment.

Gold is a bit speculative and it is usually best not to let it form a very significant % of your wealth.

colsten

frenchplonka wrote: »

Also what THINKING of buying cold boullion or coins maybe one or 2 a month depending what i can afford and get as this would be a pretty safe physical investment no and would also be pretty cool.

There is nothing safe in gold - starting from where you'd physically store it to whether anybody would give you money or goods for it when you come to selling.

frenchplonka

Yea the gold investment tbh is just to look at it will never be a huge amount.

Regarding the S+S idea I have no min term I just want something with a decent risk level that I can put into each month knowing it could go south what would some suggest a resonable amount monthly to put into a fund?