Start to invest?

Ashhhly

Hello, so I was just able to save some money, and now I am looking for some ways to invest and earn a little bit from this part. At the moment Im looking to invest about €1000, and have been lately looking at p2p lending and crowd investing. Looking for low risk investments so Id be happy with lower earnings. What would be the best for me to look at?

Smithy101

Well I'm not sure that P2P is low risk, you're making loans to individuals.

Lower risk is a Cash ISA or savings account although the risk there is that your money will hardly grown and inflation will eat it up.

How long do you want to save for ad are you saving for a particular purpose?

If you answer these questions I or someone else may be able to help you more.

Eco_Miser

For £1000, you can get 5% AER at TSB with no risk.

However you've written €1000. Are you in the UK, or somewhere in the eurozone?

Ashhhly

@Smithy

What about crows investing like companisto or something like that?

I dont know, I was thinking some short term like a year or two for start, I really like the concept of p2p because you get monthly payments.

@Eco

Yes Im nit in UK, but I am in EU.

Smithy101

Ashhhly Companisto is a lender to startups. Very worthy and interesting but on the spectrum of risk it is at the high end, i.e. high risk.

If you're prepared for that risk then go for it but you said you were looking for low risk investments.

There is no such thing as low risk investments because if you put your money in a bank savings account then you risk getting a paltry return and when you factor in inflation you are actually loosing money. But if you need to make use of the money within two or three years then this is what you should be thinking about.

Over the long term investments in the stock market via a fund or an investment trust always provide better returns but it's volatile, which means the price moves up and down, but over the long term they still tend to go up, just not in a straight line.

You can think of the stock market as being a wee bit like a drunk man trying to get home, he eventually gets there but not in a straight line.

Ashhhly

Smithy101 wrote: »

Ashhhly Companisto is a lender to startups. Very worthy and interesting but on the spectrum of risk it is at the high end, i.e. high risk.

If you're prepared for that risk then go for it but you said you were looking for low risk investments.

There is no such thing as low risk investments because if you put your money in a bank savings account then you risk getting a paltry return and when you factor in inflation you are actually loosing money. But if you need to make use of the money within two or three years then this is what you should be thinking about.

Over the long term investments in the stock market via a fund or an investment trust always provide better returns but it's volatile, which means the price moves up and down, but over the long term they still tend to go up, just not in a straight line.

You can think of the stock market as being a wee bit like a drunk man trying to get home, he eventually gets there but not in a straight line.

Hello, thank you very much for reply. I got few more questions.

Most of the start ups on Companisto have some records already so for me that lowers a risk by a little, I understand its still risky. Do you know more about it, is it worth it or if you can tell more about it?

Also can you please explain me a little about investing in stock market via a fund or investment trust please?

And for a last question...did anyone hear about assetzcapital.co.uk? They have a program where they invest in green energy and their returns are calculated at 7% p/a at the moment, anyone knows more about it?