Low risk investments

dunstonh

ElephantBoy57 said:

MaxiRobriguez said:

Why those two in particular? Neither of those would be anywhere near my watch list.

The OP is wanting low risk, so supermarkets and utilities over risky start-ups and new tech. The share price of both stocks has previously been higher.

The OP says low risk.    So, he shouldn't be looking at shares at all.
Also, eskbanker indicates that the OP is on means-tested benefits.  So, there may not be any affordability for risk-based investing.   Or if there is, it will be minimal.

csgohan4

OP don't invest in shares money you cannot afford to lose. 

Prism

csgohan4 said:

OP don't invest in shares money you cannot afford to lose. 

I would say in general that is no longer true. Most people are invested through their pensions which I doubt many could really afford to lose. 

I this particular post though that doesn't sound like it is the case.

csgohan4

Prism said:

csgohan4 said:

OP don't invest in shares money you cannot afford to lose. 

I would say in general that is no longer true. Most people are invested through their pensions which I doubt many could really afford to lose. 

I this particular post though that doesn't sound like it is the case.

When people invest in pensions, they would normally invest in index trackers, individual shares are far more volatile and riskier than the former.

By all means nothing stopping you doing it, but shares are not for the faint hearted, the amount of research and time needed for good shares/Spac is not to be underestimated, even then it isn't guaranteed, 

ABNB shares already down 10%, Rolls royce down 20%. Seeing your account in deep red and wondering to cut your losses is very real and do you stick or twist?

Even the bigger companies are not immune, Tesla already down from their highs 5-10%

Bare in mind op's other thread on UC, is it wise to be gambling on shares?

There is a time and place for Shares, but it depends on your risk appetite and how much money you got to burn

joewest1802

Well I feel rather enlightened about the risk of stocks now. I admit I was under the impression that big companies were a wise choice to invest in. Tesla for example, how well it's done this year, combined with the inevitability of demand for electric cars in the future. But I take the point that there is clearly more to consider than that.

Perhaps I need to rephrase my question as: I have a few thousand sitting in my bank, what could I do with it to earn some interest?

ElephantBoy57

csgohan4 said:

Bare in mind op's other thread on UC, is it wise to be gambling on shares?

The odds are better than putting it on a horse or greyhound, even better than Foxy bingo!

csgohan4

ElephantBoy57 said:

csgohan4 said:

Bare in mind op's other thread on UC, is it wise to be gambling on shares?

The odds are better than putting it on a horse or greyhound, even better than Foxy bingo!

Depends on how your investments turn out, if you invested in NIO at it's height, your already down 10-20%, worse if you got into Nikola. 

How will you know? Not 100% of the time, that investment could be a bad egg, so that few thousand you were hoping to double is now worse half or worse. No matter how much research you do, it could tank. 

My dabble with CINE has taught me a hard lesson, I just about broke even, but to face the prospects of being 50% down is not something I would like repeat. 

grumiofoundation

joewest1802 said:

Well I feel rather enlightened about the risk of stocks now. I admit I was under the impression that big companies were a wise choice to invest in. Tesla for example, how well it's done this year, combined with the inevitability of demand for electric cars in the future. But I take the point that there is clearly more to consider than that.

Perhaps I need to rephrase my question as: I have a few thousand sitting in my bank, what could I do with it to earn some interest?

Don't invest if you want to earn interest. 

Investing doesn't earn interest.

If you want to invest are you prepared for your capital to drop in value? How long are you able to commit this money to investing? If this is money you may need in a year, even 3 years you have to accept you may get back less than you have paid in. 

As previous posters have said you say you want low-risk investments then pick individual shares (including tesla which is very volatile) which is the opposite of low-risk. You need to do your own research into what you are comfortable investing in. There are lots of resources available online. However as pointed out if you are on universal credit investing is almost certainly not suitable. 

Prism

csgohan4 said:

Prism said:

csgohan4 said:

OP don't invest in shares money you cannot afford to lose. 

I would say in general that is no longer true. Most people are invested through their pensions which I doubt many could really afford to lose. 

I this particular post though that doesn't sound like it is the case.

When people invest in pensions, they would normally invest in index trackers, individual shares are far more volatile and riskier than the former.

By all means nothing stopping you doing it, but shares are not for the faint hearted, the amount of research and time needed for good shares/Spac is not to be underestimated, even then it isn't guaranteed, 

ABNB shares already down 10%, Rolls royce down 20%. Seeing your account in deep red and wondering to cut your losses is very real and do you stick or twist?

Even the bigger companies are not immune, Tesla already down from their highs 5-10%

Bare in mind op's other thread on UC, is it wise to be gambling on shares?

There is a time and place for Shares, but it depends on your risk appetite and how much money you got to burn

Ah, get you. I thought you were including funds as in generally stocks & shares.

Prism

joewest1802 said:

Well I feel rather enlightened about the risk of stocks now. I admit I was under the impression that big companies were a wise choice to invest in. Tesla for example, how well it's done this year, combined with the inevitability of demand for electric cars in the future. But I take the point that there is clearly more to consider than that.

Perhaps I need to rephrase my question as: I have a few thousand sitting in my bank, what could I do with it to earn some interest?

There is not a lot any of us can do at the moment to earn interest. Find the best instant access account you can to earn at least something. As others have mentioned have a look at Premium Bonds too.