Investing money

[sligoman]

I've got a bit of money to invest. Anyone have experience in this, best options etc.?

[Paddyfield]

Depends on how much money.

[sligoman]

Depends on how much money.

A bit .

Thinking of going with First Active. Just wanted to see if people on here had invested money somewhere before and made a good bit on it etc.

[paul_oshea]

ISA, but thats in england, i get about £15 a month, not bad, but i dont know what ye have over there.

buy some shares

[Dodge]

All the banks are offering decent enough savings/investment packages now to tie in with the SSIA money being released.

Depends on what rick you want to take with it.

You could always just back ROger Federer to win the Aussie Open. 35 % interest almost guarenteed

[Terry]

Think about starting up my own business installing driveways, you could invest in me!!!! starting my first one next week

[Peadar]

Think about starting up my own business installing driveways, you could invest in me!

Things didn't work out for you in England then?

I have an AIB Internet savings account.
I think it's a good product anyway.

[paul_oshea]

how could someone possibly think they could get their driveway sorted for £40. some people are so thick.

[Jamjar]

You could always give the money to charity.....Shelbourne perhaps.

[Peadar]

He's a "local businessman." Wouldn't be too quick to do business with someone like that. Unless, of course, I was selling him something.

[Jamjar]

He's a "local businessman." Wouldn't be too quick to do business with someone like that. Unless, of course, I was selling him something.

I'd say he like a quote on health insurance.

[Dricky]

Get yourself an independent financial advisor, make sure they have a QIA.

Canada life have always preformed well. if you a looking at long term investments

[anto1208]

You could invest in my "magic beans" product im about to launch


magic beans are a registered trademark of Anto1208 inc.

[Closed Account 2]

What you should invest in depends on a few things:-

The amount of capital you have
If you want to take a risk but get a big return, or less risk but less return
If you want the returns to be tax free


If you want to invest in risks but ones that might have a big return then you could look at stocks on the London AIM, or stocks in emeerging markets.

If you want less risk then you could invest in a ETF (Exchange Traded Fund) or a tracker fund. These are run by investment houses such as M&G, ING etc. They pick a balanced selection of stocks and/or try to track an index (such as the FTSE 100) - so there is less risk as you are putting your eggs in more than one basket this way.

For even less risk you could look at the fixed income (bond) market. Essentially this is company debt (you are buying some of IBM's (for example) debt) and they pay you back the debt + interest at a (usually) fixed rate.

Bond have practically zero risk, but their returns are not very high and you usually have to sign up for a set amount of time (1yr, 3yrs or 5yrs).

Also there may be national bonds (in the UK there are premium bonds) - these are good esp if you are concerned about tax liability as the winnings are totally tax free. You dont earn any interest, but you do get winnings (ie every month you have the chance of winning between £50 and £1mill - and you can take your money out at any time).

As others have said there is also the option of savings accounts... here in the UK you can take out a Cash ISA... you can put upto 3k a year into an account that usually pays around 5.5% interest (no tax).

Finally if you really do have a lot of cash i look at investing in property either at home or abroad as that can be a good way to make money and its risk free.

Hope this helps

[Terry]

Things didn't work out for you in England then?

I have an AIB Internet savings account.
I think it's a good product anyway.

SSSSHHHH !!!!!

[the 12 th man]

Sligoman,in the meantime (while you're thinking about it) you could stick your money in a Demand Online account with Northern Rock (here in Ireland) currently paying 4.1%.