Kenx
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Depending on how long you need this money, I would recommend you invest this money as follows: 30% in your total stock fund,US ticker symbol:VTI, 25% in total international fund, in the US the ticker symbol: EFA, 10% in world large cap fund:IOO, 20% in short term bond fund:SHY and the rest in the Total index bond fund: AGG.
Good luck,
Kenx |
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john p
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I wouldn't be taking the advice of people here (no offense meant) , consult a professional. |
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**tomtom
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No adivce intended as I am qualified to do so.
But put some money in National savings bond ( Premium bonds)
and
Go for Unit Trust rather than shares if you want to invest in stock markets.As direct investment in shares is more risky.
consult a finacial advisor |
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Pinolera
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Get a financial advisor. That is a lot of money and you don't want it wasted. I wouldn't invest all of it in just that if I were you but then again I am not a financial advisor. I am just cautious though. |
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Petra
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One of the first things you should do is set up an emergency fund - about 4 x net salary. You should put this in one of the highest intrest instant access acounts you can find. This will help you through any unforseeable circumstances.
The next thing you need to do is think about your financial goals.
Motley Fool also has a good book on finances - easy to understand and use - this would be a good investment for a few quid. It will give you info on investing and some idea about the way ahead. They also have a web site but I think the book would give you a better understanding.
As you are looking to put £3k somewhere this will be within your ISA allowance. So get a tracker fund (or a couple) - these normally have the lowest charges and on average will beat managed funds by the difference in their charges. |
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Mervyn W
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If it's any good, invest in a flat and rent it out, stocks and shares are to volatile at the moment |
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flying charlie
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I agree with Franco, the best way to invest or increase the amount of wealth you have is to do it yourself, that way if you make any mistakes you'll know where you went wrong. |
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fargo
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You need a good Independent Financial Adviser couple of websites www.thepremiergroup.co.uk or www.moneyfax.biz |
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dinu_pawar
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click my name & visit similar question |
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stock.expert
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Hi, i suggest a great site with plenty of Issues related to your Investing and everything around it. it also provide clear and accurate answer to many common questions.
I am sure that you can get your answers in this website.
http://investing.sitesled.com/
Good Luck and Best Wishes! |
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Franco
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You do not need a financial advisor. They are only out to feather their nests.
£3,000 is chicken feed for the stock market. Just buy a good newspaper and read the financial columns. You will soon find a share you like the sound of. But be careful, currently the index is near all time high. |
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daddybear
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I would go for blue chip shares. I was in the same position and invested £15k in January. its currently worth £25k but thats exceptional due to a windfall of free shares. Your bank will advise you and make the purchase. |
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