ali-corsa
Member
Registered: 21st Jan 07
Location: Tamworth
User status: Offline
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When i was born my dad set up a trust kind of thing where he would invest money into a company which would then put it into bonds on the stock market its not as high risk as actually playing the stock market properly, they put the money into safe companys who will make a profit, when i was 18 i recieved £1,000 from my dad, he didnt tell me anything about this trust, until monday, he said her put in £467 roughly and got back £1000..
he wants to know whether he should do it again, but they are saying i can have £2000 when i turn 21, or we could risk it and do what my dad did till i was 18 but i may not recieve anything or not as much as we put in or it could be more, but i wont get anything till im 23, and i have too choose which one, and i dont have a clue....
what would all you do?
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taylorboosh
Member
Registered: 3rd Apr 07
User status: Offline
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spend it on mods now, u could make the extra doing a paper round for 2 years 1500 if you stick it till ya 21 
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Colin
Member
Registered: 4th Apr 02
User status: Offline
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Id take the £2k & invest it myself 
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taylorboosh
Member
Registered: 3rd Apr 07
User status: Offline
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thats 3 year from now
lmao get a job
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Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
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save it until your wanting to buy a house and use it as a deposit. 
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smack
Member
Registered: 7th Jul 04
User status: Offline
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what cosmos said /\
house deposit
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ali-corsa
Member
Registered: 21st Jan 07
Location: Tamworth
User status: Offline
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im a student already, well final years of a levels and ive got 2 jobs and saving money from them up for a new car. i don't go up to my parents for money, they stoped giving me money ages ago.
i wouldn't get the £2,000 till im 21, im thinking i shouldn't risk it and when im 21 just put it into a high interest savings account for a new house like people said.
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