Fill up an ISA with low risk funds this year, put the other half in some other low risk funds until you can shift it to an ISA year after.

If you don’t mind waiting till you’re 55, use your SIPP allocation and get the tax back from HM Revenue, then put the rest in an ISA.

Need a lot more than that to stand more of a chance of a decent return with premium bonds, i.e. the maximum (£50k), and even then you could still end up never winning anything.

No risk though and an incredibly slim chance you might win big, but you stand more chance spending £1 each week on the lottery for the next 1000 days.

http://www.moneysavingexpert.com/savings/premium-bonds

£1k isn’t much to invest to get any kind of reasonable return without taking a big risk.

However, chuck it at your mortgage and reduce the term slightly and it’s a help. More so if you’re a fair way into the term anyway. Not a great deal on it’s own. Regular overpayments make massive savings though and can be worth far more by reducing debt faster than agreed than the return on actual savings.

Personally I’d invest it on bike parts though. Or as already mentioned, Lego would be worth it too 😀

100% matched betting.

If you have no betting accounts, a little mathematical ability, it’s fairly easy to triple that in a few months.

Don’t get me wrong you won’t have any accounts left after that but easy money if you aren’t a complete numpty.

stoner will be laughing with his 1000 pound investment right now…..its worth 1250 right now i believe.

meanwhile i got 25 quid each of the last 4 months from premium bonds.

Amazon FBA. All day long. Sell on Amazon.com rather than .co.uk as a much bigger market and more aggressive growth curve for sales, plus more advanced affiliate advertising for products.

Essentially if you make good choices, you should be able to very rapidly turn that £1000 initial investment into a rolling £1000/mth net profit within 6 months, pretty passively.

Curious

how does one sell on amazon passively ?

My idea of passively being i hand my money to a.nother passive fund and they grow it via their investment in the stock market and take a cut for the pleasure….

Fox factory 36s

I would step away from traditional investment instruments at the moment.

Vintage watches? I have doubled up on a certain brand in the last 2 years.

how does one sell on amazon passively ?

The whole idea of the Amazon FBA system is that you never have to touch stock. The nearest you come to stock is checking samples from your supplier before placing the order (which is then delivered into Amazon distribution centre, where they do everything for a 25% cut of sale). You get an alert when stocks are getting low, and arrange another order for delivery in. Payment from Amazon to you is every 14 days. Job done.

Best advice is Lego StarWars then, I can just imagine coming home to find every box has been opened by the kids…

Ooh theres an ad come up ShentonMiniBonds 10% gross p.a for four years! Sounds spot on.

That growth has been mainly Fundsmith and i am heavily invested in both my ISA and SIPP. I have been in Fundsmith since the launch so have benefited from a doubling of my initial investment during that period.
I was more spread up until a year ago but it was difficult to find any funds that where providing anywhere near the (consistent) growth that Fundsmith has shown so that was a good decision.
I need to diversify a bit but unless I want to take more of a risk then I cant see much that is reliably showing growth of 8%+ ???

They’re not great investments. Entry and exit costs are high if bought at auction (15% premium both ends?) and a dealers spread is vast.
I suspect you have to get lucky with a buy.
Talking of “luck”…

Granted some luck was involved with that example. but I have only once lost money, sometime you need to sit on the for some time though, so I only buy with ‘Spare’ money.

I have been wondering if putting down £1000 for a Tesla Model 3 might be worthwhile, bound to be people who will pay a premium to jump the queue when it finally arrives.