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Tell me about investments
TrueBlueAngel
Posts: 63 Forumite
If I wanted to invest some money, how would I go about it? I have to stress that I know NOTHING about investments and how it works. Is it worth it or would I get a good return on it? Obviously I want to make money, not lose it.
Thanks
Thanks
0
Comments
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I think you'll have to add a little bit more detail than that.
How long do you wish to invest for?What type of risk level are you willing to take?How much do you have to invest? 0 -
Is it worth it or would I get a good return on it?
NO
Next !!!!!!!!!!!!!!!!'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
I think you'll have to add a little bit more detail than that. How long do you wish to invest for?What type of risk level are you willing to take?How much do you have to invest?
I have roughly £2000 from an inheritance to invest. Timewise? No idea. As I said, I know nothing about investments. It was suggested to me to think about this. Obviously I want to make money on it but I'm not a huge risk-taker.0 -
Obviously I want to make money on it but I'm not a huge risk-taker.
You need to quantify what you mean by that. Perhaps the easiest way of looking at that is to say how much of a loss in a given 12 month period would you accept on th investment before you got cold feet? 10%, 20%, 50% or other figure?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.0
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