dave17
Member
Registered: 3rd Sep 02
Location: Greater London
User status: Offline
|
1000 lucky dips
could be worth it
|
Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
|
your not gonna see much on £1000 however you invest it. If you had £10k it could've been a different story.
Just whack it in a high interest ISA or something.
Bonds on £1000 probably won't win you much. I've had mates with £1000 in bonds and never get any 'wins'
My parents have a load in bonds though and regularly get loads of wins come through the posts.
|
stuartmitchell
Member
Registered: 24th Apr 04
Location: Kirkliston, Edinburgh
User status: Offline
|
Find a company on the stock exchange that are doing pretty shit, say the share price is £0.01 then if it goes up at all sell sell sell 
It's called Stag Investment I think 
|
Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
|
quote:
Originally posted by stuartmitchell
Find a company on the stock exchange that are doing pretty shit, say the share price is £0.01 then if it goes up at all sell sell sell
It's called Stag Investment I think
and when they go bust you lose the lot! There is normally a reason shares are so low and its never obvious which will get out of it and which wont without alot more info!
|
Ry_B
Banned
Registered: 1st Dec 05
Location: Solihull, W Mids Drives: 45BHP beast!
User status: Offline
|
Yea but it can be worth the risk
|
Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
|
quote:
Originally posted by Rcb
Yea but it can be worth the risk
if you have no idea what your doing, no idea of that particular market and how it works, no idea of the company and whats has been wrong and what they have done to try to fix it then its not worth the risk.
But yeah, it can be worth it if you can find the right company, but this doesnt normally happen unless you have inside info on the company (new contracts coming in, etc.) and thats illegal.
|
stuartmitchell
Member
Registered: 24th Apr 04
Location: Kirkliston, Edinburgh
User status: Offline
|
I ran the risk and it payed off but you need to know your market.....and get a wee bit lucky 
|
Ry_B
Banned
Registered: 1st Dec 05
Location: Solihull, W Mids Drives: 45BHP beast!
User status: Offline
|
quote:
Originally posted by Cosmo
quote:
Originally posted by Rcb
Yea but it can be worth the risk
if you have no idea what your doing, no idea of that particular market and how it works, no idea of the company and whats has been wrong and what they have done to try to fix it then its not worth the risk.
But yeah, it can be worth it if you can find the right company
Exactly, hence why I said it could be worth the risk 
[Edited on 03-05-2006 by Rcb]
|
Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
|
Also don't put money on penny stocks that have gone down to a penny in price.
the only companies that'll be worth investing in for 1p stocks will be absolutely brand new companies.
These of course could go up or could go bust. Whatever happens providing others invest in the company and it does slightly well the price of the stocks should go up at least a little.
There's where your decision comes, do you sell sell sell for not much of a profit or hold on to see if they become the next bt or something.
Obviously £1000 of 1p stocks, of the price of stock rises to £10 a share in a couple of years your sitting on a million worth 
the chances are extremely unlikely though.
|
Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
|
quote:
Originally posted by Paul_J
Also don't put money on penny stocks that have gone down to a penny in price.
the only companies that'll be worth investing in for 1p stocks will be absolutely brand new companies.
These of course could go up or could go bust. Whatever happens providing others invest in the company and it does slightly well the price of the stocks should go up at least a little.
There's where your decision comes, do you sell sell sell for not much of a profit or hold on to see if they become the next bt or something.
Obviously £1000 of 1p stocks, of the price of stock rises to £10 a share in a couple of years your sitting on a million worth
the chances are extremely unlikely though.
not many companies go straight onto the stock exchange at 1p a share as they are already trading companies that have just floated. And those that do are normally companies with contracts in place that means their value is already over 1p.
|
Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
|
ISA and Bonds are close enough identical for that sum, but with Bonds you might win more.
Also Barclays account as mentioned.
Stocks if you're leaving it for 5+ years and even then its risky.
|
Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
|
Premium Bond's are good, but you have to be realistic in the amount you are going to win! You also won't earn interest, but then again there's no tax either!
I have 1k of them, I'm yet to win anything, to stand a good chance I think you need a substantial investment!
I also have an ISA and high interest account. The interest on the ISA is very reasonable - just over 6% tax free.
|
Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Offline
|
My dad was getting 50 quid pm on average from 10k, so yeah, similar.
How long have your had yours?
|
Marc
Member
Registered: 11th Aug 02
Location: York
User status: Offline
|
Will be a year in July.
|
Robin
Premium Member
Registered: 7th Jan 04
Location: Northants Drives: Clio 182 Cup
User status: Offline
|
My mum is getting monthly 'wins' on bonds, not sure how much is invested, but its a hefty amount
if i were investing money, id hedge my bets with premium bonds
|
loo_goblin
Member
Registered: 14th Jul 04
Location: Horsham, West Sussex
User status: Offline
|
spend it on vodka
|
