Clean It Up
UK Floor Cleaning Forum => Carpet Cleaning Forum => Topic started by: Steven Butler on June 25, 2016, 07:35:05 pm
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If you wanted to invest say a small amount like £20 a week what would you invest in....
Doesnt matter if its a safe bet or a risk but what would you do...??
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I don't think £20 a week would get you anything worthwhile. You'd be better off whacking on a £20 accumulator each week!
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Ha..thats what i do!!! And want to stop!!
But more than £20 a week
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With £20 there's not much you could really do that's worth while. Swap the accumulators for fruit machines? lol
Have you ever looked in to a tipping services? i.e. pay a membership fee and they send you tips on horses/games to bet on?
Premium bonds start off at £50 a go.
Maybe stick it in to a savings account till it reaches a grand then speak to a financial advisor and put it in a high to medium risk bond/fund or a portfolio. Even a grand is bugger all in the grand scheme of things.
Or stick it into a pension. Private ones start at around £50 a month.
Or you could start buying gold coins from the royal mint. They start off at about £300 and are capital gains tax exempt.
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Been looking at gold....thought you could buy bits for less than that....
I already invest alot in shares but wanted something as opposed to betting but with similar buzz? Prob nothing though
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You could try arbitrage betting. There are websites that show you all the bookies odd's, where to bet etc for a monthly fee. Not much of a buzz when you know the outcome I suppose.
Gold bullion starts off at about £40 a bar. (1 gram) All the way to 1kg bars (£35k). 1 Ounce bars are probably your best bet as they are somewhere in between and cost about £1000 a bar. You got to think of the time you come to sell them. Big bars are going to be harder to sell. And you don't want to be fannying about with loads of 1gram bars.
I recommend gold coins though as they will be easier to sell in the future.
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Steven Butler
apart from education and yourself must be seen as the best investment you can make. then given the 80 - 20 rule its not much to work with but marketing
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I would invest it in 3 pints of IPA , London prices that is or 6 pints up north, money well spent I would say have some fun with it.
As for carpet cleaning marketing its feck all and would do nothing at all.
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Do you have kids?
Give it to them to invest, teach them about money management so when it comes to choosing your nursing home they can afford a good one 8)
Even better if they are school age give them a job and pay them £100 a week ( but they have to invest £90 of it)
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Read this book. https://www.amazon.co.uk/Richest-Man-Babylon-Bestselling-Financial/dp/1615890424/ref=sr_1_2?s=books&ie=UTF8&qid=1466959595&sr=1-2&keywords=richest+man+in+babylon