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

Duane... · 2012-03-14T10:58:03Z

OK, so I reckon I have around £3-4k (student loan/overdraft/summerwork) which I can "do something with". Currently just sitting in my student account which has pretty much 0% interest. Easy option is to whack it in an ISA, fixed rate and for a couple years I might get 6% if I'm lucky - not that great. So, any thoughts on other forms of investments? 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 :P I don't mind a bit of risk, as long as the possible returns is high enough. Anyone looked into buying a whisky cask? One of my uni tutors has started a whisky business, and says a cask is in the region of £4k, with returns of 14-28k in a fairly short time span, which he takes half of (marketing etc), which would be pretty amazing. But I'm guessing it's pretty risky and those figures hugely optimistic. Any thoughts/recommendations etc? Ta, Duane.

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stratobiker

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Free Member

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

Posted : 14/03/2012 9:14 pm

dinosaurpoo

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Free Member

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.

Posted : 14/03/2012 9:20 pm

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