What would you do
Here is a hypothetical situation:
If you had £2000 to invest, and could invest in whatever you wanted be it shares, bank account etc what would you do?
p.s. this is not some attempt to get some free financial advice, I’ve not got £2000 to invest!!
05 Mar 2007 17:40
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Tags: Hypothetical Money
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Lee Davis
depends on how long you want to invest it for, what other investments you have and how much risk you are prepared to take.
Long term shares are potentially the best return, but £2000 is not enough to spread the risk. long term low risk stick it in a cash ISA if you haven’t already used your annual allowance. for shorter term low risk I would go for a fixed term high interest account.
05 Mar 2007, 18:19
I would shove it in a tracker fund that invests in the FTSE-100 or FTSE-250.
05 Mar 2007, 20:33
All on red!
=)
06 Mar 2007, 09:29
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