[Closed] If you had £4k not doing much...

4k? This...

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then the rest on coke and hookers 😀

New bike.

(Not a new bike 😛 )

A new road bike then.

Key work : Investment.

🙂

Invest in a new bike.

Jesus Christ you're hard work.

Shares are a possibility, but I know next to nothing about them, and would probably make a huge loss like most of my mates have

I don't mind a bit of risk, as long as the possible returns is high enough.

I'm not sure what you're saying here to be honest. If it was £4k "not doing very much" - but that would be required at some point - I'd be looking at safe as houses investments, rather than get rich/poor schemes. If you /need/ £4k back at some point, then you can't take risks to get returns I'm afraid.

Your tutor is (with all due respect) either trying to scam you or is believing the hype that *he* bought into. Whisky casks as an investment were a fad about a decade or more ago, only top quality whisky will *really* hold its value and many distilleries have stopped selling casks to the public - leaving you with the ones that are desperate for the cash. If you do that, think of it as a hobby rather than a source of income - and you're unlikely to get back your cash "on demand" as it were - if the whisky market took a dip and you needed your cash, you might face severe problems getting *any* back in short term.

Spend 4k on nosebag. Flip it, punt it on and you'll make a killing

6% in an ISA with 4K - you'll be lucky! 🙂

Unless you want to share something with us?

Buy the whisky & drink it 🙂

and says a cask is in the region of £4k, with returns of 14-28k in a fairly short time span,

if it sounds too good to be ............

The whisky cask returns don't tend to include what the distillery charge you for storage and bottling of 'your' whisky...

Put it all on Schumacher to be on the podium next weekend, alternatively this week is Cheltenham ...

6% returns? Are you promising that?

You are former Icelandic prime minister Geir Haarde, and I claim my 27,000,000 Icelandic króna (equivalent to £5) 😀

Is investing in Gold at the moment still a runner?

I have a friend who has lost loads on whisky investments (15k), after seeing an amazing return on an initial investment he made.

"if you see a bandwagon --- it's too late"

alternatively this week is Cheltenham ...

15.20 - Sizing Europe

going to be short though

See the tips are already rolling in 🙂 how could you go wrong?

Ostrich Farming?
Champagne?
House in Detroit?
Swampland in Florida?
1/16th acre of greenbelt land, 'soon to be zoned residential'?

I think the 4.00 - get me out of here, might be better advice 😉

Is investing in Gold at the moment still a runner?

looks like it has levelled off and even dropped a bit since July so maybe reached a medium term peak?

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I think the 4.00 - get me out of here, might be better advice

I'd take an EW punt on Balgarry in that race

Shares in Game are cheap at the moment - way I see it they can only go up 🙂

Buy 4K worth of felled hardwood (at the right price) Allow it to dry for 2 years & sell it for 3 times what you bought it for.

D.

£3500 would buy you my consultation fee guaranteed to invest remaining 500 probably do no good but i will put rest of your money to good use, as i like some of previous posts ideas especially bike,drinking and women. failing that you only live once blow the lot on something you want/enjoy

Premium bonds

Easy option is to whack it in an ISA, fixed rate and for a couple years I might get 6% if I'm lucky

link please. that's an excellent rate for an isa

Invest in yourself and go traveling for 6 months

[i]“I spent 90% of my money on women and drink. The rest I wasted”[/i]

George Best 🙂

6% on an isa,

is this like escape to the country, *prices correct as of 2004*

ive got some magic beans going for 3750, idave will tell you when to eat them for a reasonable fee.

I think the 6% is to be read as '6% over 2 years' I.e. 3% per annum.

If you really want somw risk (and return), a share isa would be the best option, imo.

Start paying council tax

Invest in Funding circle knowing you are getting a good rate and helping small businesses

Cash is king.
http://www.moneyweek.com/investment-advice/how-to-invest/strategies/the-three-reasons-why-cash-is-king-54512

[url] http://uk.zopa.com/ZopaWeb/public/lending/lending-at-zopa.html [/url]

I'd buy a car and a year's insurance. Car would only be worth about £500 mind... But seriously, an awesome holiday would be well up there.

+1 for Zopa or Funding Circle. After the handling fee I'm making ~6% per annum on my Zopa loans, and only had one default (out of ~130 loaners) so not as bad as had been quoted when I signed up. Better than a bank for both sides and cutting out the middle man.

You need to be honest with yourself about the "I don't mind a bit of risk" - how much can you afford or are willing to loose?

When you needed it would you be happy if what you invested in was worth...
3999
3500
2000
1000
0?

My view would be Premium Bonds

Take it like a man like the rest of us and take a pounding on interest rates and suffer the consequences of the cost of living these days.

No ISA like said is gonna pull in 6% at fixed rate.

Invest in tescos at the mo, tobacco co's or gambling co's OR wack in premium bonds where it's apparently safe.

Eastern European tobacco companies if my last few days are anything to go by, Jesus, everyone over here smokes, I;m just waiting to a 4 year old with a fag, can't be long surely!

Have an awesome holiday, go somewhere hot where you can mountain bike, scuba dive, snort coke and shag hookers for 3 months. If you are going to spend it, spend it on having an experience that will give you memories instead of "stuff" that will depreciate and become obsolete in a few years. It's been shown people who do this are happier.

Because in a few years you'll probably become sensible and get a full time girlfriend.

put a lot on bets at the bookies that are dead certs. Say, 8/10 ON, something like man utd against skegness town. You will hardly make very much on each one, but keep doing it a LOT and the profits will mount up.
Only do it on ones that you are personally sure that are dead certs, but that the bookies are (just) still taking bets on.

Your at Uni for christsakes and you havent yet spent it on sex, drugs and rock and roll. FFS kids of today.

If I had 4k I'd spend it on guitars, and motorbikes....vintage ones. They're an investment, and a great source of pleasure.

SB

get a job in a bike shop. use your staff discount to buy a fanastic bike for 2 or 3 grand and sell after summer. you will sell for more than you bought.

better return on your £ than a bank and more fun to boot.

i agree that partying should not be overlooked in this budget.