 I have $67700 to invest AFTER retirement in May. Where should I put this money? |
| I have my social security and pension that should take care of me okay. This money will be for my extras. I read about people getting 8--10% on their monies. I can only find 4.5%.... |
|
 How many Indian Rupees do you get for US $1? |
I'm talking about the recent approximate rate in India.
Thank you.... |
|
 If you could. Where would you chose to open a Apple retail store? |
a.) high income, low population shopping mall or
2.) low-mid income, high population shopping ... |
|
 Should we invest or pay off our debt? |
| My husband and I are coming into around 100 thou dollars in a few months. Right now we have quite a bit of debt including almost 30 thou in credit card debt at between 20 and 25% interest as well as ... |
|
 If you had 1/2 million dollars to play with, what would you invest it in at age 42? |
? I'm pretty agressive myself.
Additional Details
i use term play loosely...i'm an investor but very agressive.... |
|
 Are we really replacing dollars with coins? |
| I heard we are getting rid of dollars and having to use coins instead. I do not think no fair of this!... |
|
| I have $10,000.00 cash that I would like to invest, but unfortunately I don't know much about investing!? |
| I just became a first time mother and it hit me that I need to invest my money wisely for my daughter's future. I get really confused trying to decide the best way to invest my money. Long ... |
|
 Where does money grow? |
| I know that money doesn't grow on trees. But it has to grow somewhere, right? So where does money grow?... |
|
 Is this possible???????and has anyone ever done this????????? |
| If i took out a loan from one bank for one million pounds,would it be posibble to withdraw the full ammount and open another account with the same funds and make an initial proffit on the interest ... |
|
 Where to invest my money? |
| I have got about 3k to invest, what shall I invest it in?... |
|
| How should I invest my $50,000.00 cash? |
| I have $50,000.00 and I want to invest it. I don,t know what to do with it! Thanks.... |
|
|  |
jonathanz | Which is the "better" investment? Littlewoods Pools, Premium Bonds or the National Lottery? |
|
 |
 
taz c
|
Premium Bonds, cos like everyone else says, you've still got your stake money if you want it back. Minimum block £100 - & you usually have to have loads for a chance to win. |
|
Electra
|
They are all a gamble, including Premium bonds but the bonds are by far the best bet. The reason why premium bonds are a gamble is that you are actually gambling the fact that you will win and more than make up your losses incurred by inflation. i.e. You pay in £100 to the Premium Bonds and if you keep them for 10 years and win nothing, then you get £100 back, but £100 in 2016 will buy much less than £100 spent in 2006 so you have lost money. If you invest your money in a no risk high interest account in the building society, you get your £100 back, plus interest, plus its covered for inflation. The downside is you don't get a chance to win money in a luck of the draw gamble.
To win for sure, put your money in the building society, to lose some of your money, buy premium bonds, to lose a lot of money, buy a chance on the pools, to lose with even greater odds against you, the lottery.
Treat all the above as a gamble, not an investment. The odds are very much against you. |
|
«Dave»
|
Premium Bonds cos at the end of the day you still have what you put in. Whereas if you don't win on the lottery (which these days is highly likely) you'll loose the lot. |
|
GIGGS is OO7
|
simple the pools and the lotto are gambles you stake your money you either win or you loose. Premium Bonds you stake your money and if you win,you win,but if you don't win you can get your money back. The idea behind it instead of saving money in a bank incurring interest,all of britain pool their saving and the post office pay a group of wiz kids to invest wisely, like projects such as WEMBLEY. Hope that helps. |
|
chass_lee
 |
hi i would say do both and you might touch lucky on 1 of them better still the 2 of them |
|
CeeVee
|
Littelwoods and the Lottery are gambling NOT investing as you are betting your stake on a favourable outcome, if the result goes the wrong way then you lose all of your stake.
Premium Bonds could be considered an investment as you don't lose your original stake, although it will be eroded by inflation over time. The chances of you winning one of the big prizes depends on how much you put into Bonds, the maximum is £30,000.
The website below has some interesting statistics:
'On average you can expect to win a prize once a year with £2,400 invested. With £30,000 you can expect 15 prizes a year though most will be £50 and you may win fewer or none at all. Sixty one of the 100 £1 million winners had holdings up to July 2002 had £9,000 or more invested in Premium Bonds of which 28 had holdings of £19,000 or more' |
|
Caroline
|
Obviously the Premium Bonds because you keep your initial investment, although do not get interest. I've won about 7 times this year on my PB's already. |
|
Thornsey
 |
These are not investments, pools and lottery are gambling, and premium bonds only return face value but at least you do get a small chance of winning a cash prize. Better to open a savings account in a building society. |
|
Fatherla
 |
Multiple streams of income...but intensify more on that stream that works better for you! |
|
timone
|
Premium bonds as you always get your stake back |
|
Jim G
|
No doubt whatsoever The Premium Bonds There is no risk to capital which you can get back at any time. the upside is you could win up to a 1million quid if your lucks in. The other two are not investments they are gambles! |
|
scragette2000
 |
I would say Premium bonds, because you still got your money at the end of it, but you do have to buy them in blocks of £100 |
|
gvih2g2
|
None of them are really investments.
With premium bonds, you're really betting the interest. Say you buy £2000 worth of bonds. You could have invested that money in a savings account at, say, 4% net, so you would have earned £80 in interest - that's really your "stake". The average return on premium bonds is about 3.25%, so you could expect instead to win £65 in a year. Therefore your return on your stake is 65/80 = 81.25%
With the lottery, the return on your stake is 50%.
With the pools, around 30% of stake money goes out in prizes.
So the premium bonds give the best return, but then again they require you to tie up more capital in the first place. If you've got that sort of sum, you'd be better off investing it in the stock market, where average returns are around inflation + 6% - or currently something like 8.5% before tax, or around 6.8% after it (basic rate - but note you would only pay this on dividends, not capital growth inside your capital gains allowance, so that's a cautious estimate).
So again working from your £2000 stake, you would get about £136/80 = 170% return on your stake in shares.
So, is it that poor people buy lottery tickets and rich people buy shares - or that people who buy lottery tickets become poorer and those who buy shares get richer? |
|
mittobridges@btinternet.com
|
Premium bonds. The other two are NOT an investment they are straight gambling.
Premium bonds you still have your money.... they do not keep the "stake".
My mum does the euro lotto, and has premium bonds... so far in the last 12 months, Nil winnings on Lotto, £50 last week on premium bonds. So... Thats half her £100 back, and she still has the £100 invested !!!!! |
|
melonball7980
|
Most def Premium bonds as you get the money back and could win some more.
but why not put it in an acount where you'll get the money back and add interest to it? If you go for and isa you'll not pay tax either |
|
Lorne
|
These are not investments - you are talking about gambling pure and simple. The premium bonds are the lowest risk because you can get the money back but over time inflation will erode its value. Investments require a likely return over time with a given amount of risk to the money invested. These are unlikely to return much / anything but it is still your cash and you can do as you please with it. |
|
JuicyLucy260382
|
I would personally say Premium Bonds as you can get your money back at any time. It is a good way of saving. The one downside is that you can only purchase them in £100's. |
|
V
 |
Premium Bonds are the only one of those you mention that IS an investment. The other two are just gambling, not investments. |
|
nicola.mcmurdie
|
premium bonds for sure. |
|
Wee Eck
|
Without a doubt it is Premium Bonds. It is a safe secure investment, that does have any risk attached to it. Whatever yuo pay for the bonds is held for you and is fully returned should you wish to sell.
Thrown into the deal is a monthly draw in which you could win considerable amounts of money. Consider this a bonus !! Effectively, although you pay up front, it is a free lottery ! |
|
gareth_bancroft
 |
depends on your attitude to risk! |
|
Conservative
|
premium bonds |
|
pcreamer2000
 |
Investments are always better than lottery.
But if u have extra movie $$$, go ahead & play the lottery. |
|
| |
|
| | |
| Questions List |
Answers | Last Post
| | | |
23 | 24 minutes(s) ago
| | | |
23 | 58 minutes(s) ago
| | | |
23 | 1 hour(s) ago
| | | |
21 | 3 hour(s) ago
| | | |
23 | 5 hour(s) ago
| | | |
23 | 6 hour(s) ago
| | | |
23 | 10 hour(s) ago
| | | |
23 | 1 day(s) ago
| | | |
23 | 3 day(s) ago
| | | |
24 | 6 day(s) ago
| |
|
Homepage 
Financial
Forum 
Investing 
No Spam
Adult 
Gambling
Unfinished
Deception
Plagiarism
Not English
