Does anyone have any tips for investments,i want to invest a small amount,lets say 10,000 to 15,000 euro.?
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Firstly ignore Bullishinvestor. Penny stocks are in pence for a reason (no shares float for a penny a piece) and the market in them is illiquid. I know a few people who have lost big time with penny shares.
Secondly you have to ask yourself what your goals are, what level of risk you are willing to undertake and how long can you tie the money up.
Some good avice is to keep at least 4 months salary in easy accesible cash. This will protect you if you happen to lose your job. The best home for this is probably a mini-cash ISA as any interest is tax free. Cash ISA's have a limit of £3k per year but as the tax year finishes on 5th April you could open 2 in the next 6 weeks or so. To choose which company to go with try moneysupermarket.com but be aware that some companies offer high rates to get customers in and drop them once they have got your money. The money section in the Sunday Times does list the most consistent schemes over the past 5 years (Nationwide is one of them).
You now have to decide where to put the rest. When investing in shares it is usually a good idea to try to spread the risk by "diversifying" - i.e. buying a range of shares but for you to do this with the remaining money would mean you would be buying small amounts and so the impact of the charges would be quite large. If you wanted to go down the shares route (investment horizon of 5-10 years) a fund wrappped in a mini-ISA would be your best bet.
Probably one of the best investments you can make right now would be to buy the "Motley Fools Guide" - this costs about a £10 and is an easy to understand guide to the basics of money and investment - for £10 it could save you from expensive mistakes and would tell you more than anybody answering here.
how about investing in apple
with the new i phone and more products undoubtedly on the way its bound to be a solid investment
We specialize in penny stocks trading under $5/share for our members. They can be much more volatile, however for investors who have a cheap discount broker such as Scottrade, can make some great money in this market. It is important when daytrading or even short term investing to have a cheap online broker so that your commission costs are low and you can enter a trade and then exit and keep more of the profits for your wallet!
Overall our picks have been steady today surprisingly with all the panic. Seems the mid and large caps are more affected than the markets we specialize in. We made over 30% today on Delta Air Lines since our alert friday to play the bounce at .50 going into the close.
We had a pick this month for our members that went up 133% within a week. As well as a pick in Sept. that recently has hit another new high for a 393% gain.
Timing is very important and you should never just jump into a stock without taking some time to research the company ("due diligence".)
I recommend you look over http://www.investopedia.com/articles/bas...
... for some general advice and if your still interested check us out at http://www.bullishinsider.com
Paper trading is also a fun way to learn to trade and get a feel for the market. Pretend you bought the stock using the amount of money you would be considering using, and then track the stock from the moment you would enter the trade.
Feel free to e-mail me if you have any additional questions. Good luck. Happy trading!
Hello Richard,
Investment is a puzzle for the uninformed and there is so much on offer that it might be next to impossible to make a decision unless you have studied a little bit on investing. Even then, it will take some time before you can handle your own investments and turn it into profit.
Till then there are some options which might be safer for you in case you still want to put your money down :
1) Try a safe investment option like CD's, Bonds which are very safe but do not give out very high returns
2) Go to Financial planner and discuss any medium risk options such as mutual funds. ETF's etc. But you might have to pay something for them to advise you. Medium risk/decent rewards.
3) Get your money managed by professional traders who can trade your account for you while you enjoy the benefits. Medium-higher risk/high rewards.
4) Invest yourself following other peoples advice, through subscribed signals or forums. Very high risk/ high rewards.Don't be surprised if you lose all your money through this option.
I hope that was useful for you. Buzz me if you want any further information.
Regards
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