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Have between 5k and 10k where the best place to put it to get the best return

am looking at long term and short term 

Comments

  • Retireby40
    Retireby40 Posts: 772 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    edited 17 January 2021 at 9:40PM
    Nio stocks. Research the company and the plans in China. Know that you will need to leave it in for a while to make significant gains but could make short term gains if you want to play about.
  • yksi
    yksi Posts: 1,025 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    Vanguard account invested in some flavour of the S&P 500.
  • Mickey666
    Mickey666 Posts: 2,834 Forumite
    1,000 Posts Photogenic First Anniversary Name Dropper
    I think we need to know the OPs risk profile.  Is he prepared to actually LOSE any of his money in the pursuit of high returns?
  • Nio stocks. Research the company and the plans in China. Know that you will need to leave it in for a while to make significant gains or losses but could make short term gains or losses if you want to play about.
    Annotated for completeness.

    Single stock investing, especially in a company whose stock had increased 10x in a year, is very risky.

    am looking at long term and short term 

    What is long and short term?
    What is your aim, are you willing to risk capital? 

  • Nio stocks. Research the company and the plans in China. Know that you will need to leave it in for a while to make significant gains or losses but could make short term gains or losses if you want to play about.
    Annotated for completeness.

    Single stock investing, especially in a company whose stock had increased 10x in a year, is very risky.

    am looking at long term and short term 

    What is long and short term?
    What is your aim, are you willing to risk capital? 

    There are no certainties in the market or in life. But if the OP is looking to at least TRY and make some decent meaningful profit NIO is a good option. Will it be like Tesla in 5 years. Nope. But will it be worth double or triple what it is now? Most likely.

    Investing in something giving 3 or 4% a year is fine if the OP is looking to make enough to go on holiday. 

    All depends on his risk and what his actual aims are. Make money or beat inflation.
  • benbay001
    benbay001 Posts: 410 Forumite
    Seventh Anniversary 100 Posts Photogenic Name Dropper
    Nio stocks. Research the company and the plans in China. Know that you will need to leave it in for a while to make significant gains or losses but could make short term gains or losses if you want to play about.
    Annotated for completeness.

    Single stock investing, especially in a company whose stock had increased 10x in a year, is very risky.

    am looking at long term and short term 

    What is long and short term?
    What is your aim, are you willing to risk capital? 

    There are no certainties in the market or in life. But if the OP is looking to at least TRY and make some decent meaningful profit NIO is a good option. Will it be like Tesla in 5 years. Nope. But will it be worth double or triple what it is now? Most likely.

    Investing in something giving 3 or 4% a year is fine if the OP is looking to make enough to go on holiday. 

    All depends on his risk and what his actual aims are. Make money or beat inflation.
    If someone says to you "You can own the whole of BMW or half of NIO" Which do you choose? 
    40bn market cap vs 80bn market cap.
    Do you choose the one that needs an additional 10bn every year just to keep the lights on? Or do you choose the one that returns 5bn to you every year in profit?
    Plus, ive seen plenty of pure electric BMWs, but ive not yet even seen a picture of a Nio car.
    The world has gone mad.
  • benbay001 said:
    Nio stocks. Research the company and the plans in China. Know that you will need to leave it in for a while to make significant gains or losses but could make short term gains or losses if you want to play about.
    Annotated for completeness.

    Single stock investing, especially in a company whose stock had increased 10x in a year, is very risky.

    am looking at long term and short term 

    What is long and short term?
    What is your aim, are you willing to risk capital? 

    There are no certainties in the market or in life. But if the OP is looking to at least TRY and make some decent meaningful profit NIO is a good option. Will it be like Tesla in 5 years. Nope. But will it be worth double or triple what it is now? Most likely.

    Investing in something giving 3 or 4% a year is fine if the OP is looking to make enough to go on holiday. 

    All depends on his risk and what his actual aims are. Make money or beat inflation.
    If someone says to you "You can own the whole of BMW or half of NIO" Which do you choose? 
    40bn market cap vs 80bn market cap.
    Do you choose the one that needs an additional 10bn every year just to keep the lights on? Or do you choose the one that returns 5bn to you every year in profit?
    Plus, ive seen plenty of pure electric BMWs, but ive not yet even seen a picture of a Nio car.
    The world has gone mad.
    I choose the one I believes stock will increase the most.
  • Hi looking at 3-5 year min Am new to this what is OP and NIO ?
  • OP is original poster (you). 

    Nio is a Chinese electric car company https://en.m.wikipedia.org/wiki/NIO_(car_company)

    As asked by various posters what is your attitude to risk? 3-5 years is the low end of what would often be suggested as a sensible timescale to reduce the risk of loss of capital. 
  • Take some time to learn first and start small. Remember people have an interest in talking up shares they own themselves. Personally I would invest in 5 to 10 dissimilar small companies with operating margins of at least 10% and p/e ratios no higher than 13. You can use a free trial of Stockopedia to run a screen like that. Have a look at 5 year profits and dividends and then read the accounts of the companies that look okay. Lots of people will say that's way too risky, just what I'd do myself. I've lost more than 60% before. I've also made more than 300%
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