30K to invest

6000 a year from 30000 is 20%. If you're taking it every month rather than at the end of each year, it's more like 22%, annualised because all the money coming back could be reinvested in a similar opportunity.

No legitimate (i.e., not a scam) investment will pay anything like that.

Your choices are either, open all the top paying current accounts with the high street banks (which each pay 3-5% per year before tax, on limited amounts of money) or to look at proper regulated investment funds which would probably average out to paying 7-10% a year if you could afford to lock it up for 10-20 years. Unfortunately it doesn't sound like you have 10-20 years, and in the short term, like just a 2 year period, the investment funds might lose 30-50%.

So, taking the £30k to a casino or bookies each month and leaving when you're up £500 is the only way to go. It's about as safe and secure as unregulated investment schemes like the one you mentioned - you might end up with nothing back.

omgpop1 wrote: »

tbh just buy some shares using shares-isa acc in pharmacy company playing dividends like azn,gsk,etc, u get 3-5% divdent per year gsk 6% right now, and pay no tax. pharma companies gernerally are stable and longterm u probs earn more price of stock, e.g shire 110% up in last year, or jnj up 30% in a yr, so u get div dents plus capital long term

I'm not really up to date on how to speak like an asbo teenager without grammar or punctuation, so I found it hard to decipher your advice. After your eye surgery next week I guess you'll be able to see how painful your comments are to read?

However, if Shire is up over 100% this year, what happens if you invest £30k in it or a company like it, and it returns to last year's value, which is under 50% of it's current value? That doesn't seem particularly useful if the goal is to preserve capital over what is only a 2 year time horizon. You then need to double your money to recover.

The advice to invest in GSK for income is also poor for a short timescale - although as it happens, I do hold it - because the dividend yield going forward is not known. The stock value has fallen over 15% in the last 12 months so even if they choose to maintain the dividend in the face of falling profits, a company paying a taxable 6% dividend with one hand while stripping you of a 15% capital loss with the other is not meeting either of the objectives of the OP. And of course, the 6% is of the current value, not of the larger amount that would have been invested 12 months ago.

Sorry when I say 'paying dividend' I do of course mean 'playing div dent'.

kangoora wrote: »

I shudder to even quote this, but the Shire information is just plain wrong. Shire was up over 100% up to about a month ago, it's now just over 50% up over a year following a massive fall. If this person had posted about 5 weeks ago and followed your advice they'd have lost 50% of their money if they'd put it all into Shire shares.

It's given back half the gain, not half the total valuation, so they'd 'only' have lost a quarter of all their money overnight, not 50% of their money Still not a smart move.

From his other posts, one suspects the author of the painful text that you quoted is only really here to tout for referrals money on his eye surgery and his topcashback referral links, rather than having a genuine desire to help our misguided OP :rotfl: