We are seeing signs on tv and the newspapers that leads one to belive we are in for an impending stock market crash
like the one in 1929. This time we dont have the gold to bail us out and ...
I was contacted by Euro Millions International that I have won a prize of GBP 1,500,000 and I should contact Nat West Bank Plc. Mr. Francis Lauren of the Bank advised me to transfer GBP1,o50 to Mrs. N...
I have been reading up on strategy and stuff like that, and I was just wondering. How do you buy stocks? can you do it online? and where? I know I'm super new to this, so any advice would be ...
I am a nurse whose current employer does not have a 401k plan. I am interested in starting my own. When I search the internet, all it seems to inform about is like 150k a year income. Yeah right ...
Is it that most people are just too ignorant to do it and need to point to a book or someone else? Are people really that shallow, that they have no ideas or culmination of information in their ...
I left my old job and started my own business 4 years ago. My 401k is still there! I have had numerous banks and investment firms shouting give us your money! I am 47 years old, struggling to make ...
I have £5 to invest, what would be the best place to invest in?
I want to get out of the poverty trap and intent to buy a catering type van for the summer so thinking caps on. Will be back to let you know how i get on.
Keep it safe, look for something with a guaranteed rate of return such as a savings account or a mone market account. Add to it whenever possible and when you get enough to meet the minimum required investment look for a good balanced fund that will manage your investments. A balanced fund is a fund that invests in a set percentage of stocks and bonds. They manage the investments so that you don't have to.
Bxrock
I think you may have meant 5K which is $5000
and i "d invest it in secured Cd's(Certificates of Deposit)they give a better rate of intrest than most banks and are secured...besides you can keep them in the market for 3-6-9-12month periods and not tie up your money...for long terms
AG
How about a nice hot meal from McDonald's?
but are the £5 enough for extra fries?
DAVE B.,The Old Man
for all the more that amount can do you may as well buy a lottery ticket & cross your fingers
typical_123
you want to get out of the poverty trap for 5 pounds? Ok then...hard resources to work with...but here it go....
Invest the 5 pounds in getting yourself a good outfit and look for temp agencies and just do temp work until you get enough money to get your business running...
Edward J Wolf
Put it in the bank. You're not going to rent a catering van for that much let alone buy one.
If you want out of the poverty trap get a job learn to live below your means. Save your money. Read a lot of magazines about money and investing, so you start thinking more of money as a multi-purpose tool rather than just something to buy stuff with. As your bank account grows think about better places to put your money to invest. Reading all those personal finance mags should give you plenty of ideas.
BTW: Borrow the magazines from the library or read them at the library and you're already finding a way to cut your expenses.
Brian W
That's not a lot of money to start with, but remember. Money makes money.
Learn a bit about investing first. Visit http://investing.hammocksurvivalguide.com/ for some really useful articles on investing. When you have accumulated more money, the information will come in handy.
reaper_enterprises
£5 will not get you very far, it would buy you a van, but only a toy one