£50k to invest-sensible suggestions,please

A diamond encrusted bluetooth headset and a gold backpack.

what % return per year would you you be 'happy' with

Buy gold/silver from Bullionvault or Goldmoney, then when stock market crashes this year or next, consider selling then investing in an index tracker or do nothing and just stay in gold/silver.  Wait 4 years, repeat, unless QE stopped or money reset put in place.  Stay well away from bonds and stocks, stocks are the latest bubble.  (imo of course!

buy b e t t o r . c o m

Ignore what I wrote about bonds; I was fishing for a response, my view is for the risk they pose they are hardly worthy of investment with paltry rates offered (1-2%)

also, they tie up your money indefinitely.  I am of the opinion their will be many great opportunities soon.

*there

mind boggling how someone manges to accrue 50k then aswked for advice on what to do with it

Beware giving advice re "INVESTMENT" ....as "criminal" charges can arise..........unless you are a banker

HELLO NBDBSCMS - I DONT KNOW WHERE YOUR BASED OR YOUR CIRCUMSTANCES, BUT A BUY TO LET PROPERTY WOULD BE AN EXCELLENT LONG TERM INVESTMENT....PROVIDING YOU LIVE IN AN AREA WHERE PROPERTY CAN BE PICKED UP CHEAPLY ENOUGH TO GENERATE A DECENT YIELD 7%+....AS GETAFIX HAS SUGGESTED, THERE ARE SOME TOUGH TIMES AHEAD, BUT IF YOU ARE PREPARED TO INVEST FOR THE LONG TERM, PROPERTY HAS ALWAYS PROVEN TO BE AN EXCELLENT HEDGE AGAINST INFLATION.HAPPY TO POST FURTHER IF YOU'RE INTERESTED.

above comment correct imo you can't beat property as an investment. I've managed to amass 17k from gambling it was hard and it's taken years. if I had more money I would buy property at auction and do them up. you see people with no experience on these tv programmes making good profits doing this. nothing is zero risk but as a business venture it has to carry the lowest risk and the returns can be huge. if I ever get enough money that's what i'm going to do. it will be much easier than trying to make money on here that's for sure.

Thanks for the replies.Don't want to invest in property as over 60 and not physically able to look after it.Think shares are a bit high at present and normal bank/building society interest is abysmal.What about corporate bonds-anyone any personal experience?

nbdbscms -In your position I  would just look for the highest yielding uk account I  could find....moneyfacts.co.uk will be useful. There is an enormous amount of risk out there at the moment, and I  would advise you, because of your situation to play safe.Whatever you do, dont buy any wine,coloured diamonds  or shares in scottish gold mines from cold callers.

nbdbscms, you don't have to physically look after the property. My dad is 67 and is buying properties to rent out, because even after the letting agent takes their cut it's a better return than any bank is paying, and he's pissed off with the pathetic interest rates.

I actually have never agreed with the buy to let culture, it just forces prices up and results in young people not being able to afford to get on the ladder, instead having to rent and line the pockets of the greedy buy to let industry. But that's the way it is, so you may as well jump onboard.

I still think property is way over priced and would like to see it fall by 30%, but it won't happen as people haven't had to sell up, it will just remain stagnant for another 10 years or so to meet the true value IMO.

On the other hand, it is possible to at least double a 50k bank on here every year :)

Depends which bonds you are talking about. Many of the recently issued retail bonds are paying around 6%.
An account with e.g. Selftrade or Barclays will allow you to buy them at issue with no charges.
They are traded on the LSE, so you can quickly get out if conditions change. e.g. inflation goes up a lot or interest rates rise(not likely to happen any time soon imo)

http://www.londonstockexchange.com/prices-and-markets/retail-bonds/newrecent/newrecent.htm

STOW JUDGE - DISAGREE ON INFLATION/INTEREST RATES...WHEN THE ECB PRINTS POST GERMAN ELECTION IN SEPTEMBER....SERIOUS PROBLEMS ONLY A QUESTION OF TIME. AVOID BONDS,ESPECIALLY THOSE CURRENTLY PAYING A HIGH YIELD...THEREIN LIES CERTAIN WEALTH DESTRUCTION...THE OP IS OVER 60 AND SHOULD BE LOOKING AT PRESERVING CAPITAL.

You could try a bit of small-time usury by lending a portion of your £50k to other people via Zopa:

https://uk.zopa.com/

I've been lending money via them for about 3 years, and they've recently introduced a new 'Safeguard' system which means that your loans and interest are now safe even if any of your borrowers default.

The only downside (that i'm aware of) is if you needed your money back really fast ... you can use their 'Rapid Return' feature which lets you transfer your loans to other Zopa members (for an admin fee), but that may take a while ... dunno because i haven't needed to do it ... (yet !)

Of course, don't go just on my say-so, but it might be worth looking for yourself and seeing whether its suitable for your circumstances.

start a brothel

good post, trevh. housing is something people need, and there's just no prospect of a meaningful increase in supply any time soon. it's become the means by which one sector of society extracts more and more money from another.

morally it's wrong, but purely in terms of return, it's a good investment.

Ratesetter is similar to zopa and has a fund to cover bad debts. Think someoen who used to be with Betfair is involved in the management.

morally it's wrong, but purely in terms of return, it's a good investment.


Yeah don't let a bit of morality get in the way of a profit.  Thats what I say when people complain about my Land Mine, Badger Baiting portfollio.

Bsdger baiting is good for reducing TB in cattle, which keeps the cost of meat down. This means that people have more money to spend on other commodities which in turn will keep companies in business.

I would say that you are stopping this country from slipping back into recession.

Stick it all on secret gesture in the oaks at around 4.5, the horse is already home and hosed and in the winners enclosure.

he did ask for no stupid replies

yeah, but when's that ever worked?

Big Aitch are you one of the new forum police force?

no Nm, I think there is far too much interference from the people running the forum, it has turned it into a very quiet place now, I do hope your horse wins for you though.

50K worth of silver bullion , physical of course , keep it in a safe

your welcome

or you can give it to me and ill pay you back 10% a month for 20 months giving you 100% profit in under 2 years

I am being serious by the way

oh dear

a friend of mine's uncle said he would do that...

He got over £80k from my friend and over a million from other people before he got arrested

i bought a buy to let property back in 2006 for 94 k doubt i wd get that for it now

May 18, 2013 -- 7:58PM, The Dragon wrote:

i bought a buy to let property back in 2006 for 94 k doubt i wd get that for it now

dont worry house prizes a set to rise in next 3 years by 30%

they managed to make a new housing bubble and convince us its a good thing

prices* although if you buy now the prize will be profit

now hoe about that 50k ? at least let me give you my business proposal

how*

hope you are right iam , i bought it a a 5yr investment but now have turned it into a ten year one, good thing is i have never had any problems letting it

yes this is a great idea,buy something that is a minimum 30% overpriced then try renting it out  in an age of rising unemployment and impossible to attain mortgages,genius.

I live in Devon and the cheapest flats in my area are nearly £100k.Don't want to take out a mortgage on it so buy to let is not an option.iamhewdo-fantastic interest rates but something tells me I should pass.Not too many questionable replies to date,I'm impressed.

the silver is your banker nbdbscms

if you dont already know this do some research many are calling it the best investment over the next ten years, bit coin is worth a mention but the US government are going to attack bitcoin with everything they've got and they might win

so yea physical silver

May 18, 2013 -- 9:38PM, The Dragon wrote:

hope you are right iam , i bought it a a 5yr investment but now have turned it into a ten year one, good thing is i have never had any problems letting it

has to be, the new government incentive of paying 20% of  peoples deposits if they come up with 5% will increase the housing prices, I dont know about 30% but that's what they are saying, but i think its a good time to let also, but if you want out then yeah next few years the value will no doubt increase

bitcoin is bullsh!t. don't touch it; it's tulip fever.

Invest in Africa

May 19, 2013 -- 11:24PM, viva el presidente! wrote:

bitcoin is bullsh!t. don't touch it; it's tulip fever.

this guy is clueless its currencies that are bullshit, the only risks in bitcoin is the establishment will hate it, and because of this will do everything they can to bad mouth it and close it down

and people like viva el presidente like to lick up the propaganda bullshit that the bbc and the likes of feed to him

this from the guy whose last thread bigging up his p!ss-poor tipping blog got pulled by the mods.

bitcoin is a "currency" with no intrinsic value that's not backed by any actual wealth. so what precisely makes it worth anything, apart from the willingness of a greater fool to come along and pay more for it than you did?

at least with tulip bulbs you got something nice to look at while you contemplated your own stupidity.

And you can eat tulip bulbs in the event of a famine.

Have any of you tried tradefair, or is that just a very fast road to the poorhouse?!

I considered it a couple of years ago but too busy now to put any thought into it.

iamhewho 20 May 13 21:20 Joined: 12 Jan 07 | Topic/replies: 4,947 | Blogger: iamhewho's blog
May 19, 2013 -- 11:24PM, viva el presidente! wrote:

bitcoin is bullsh!t. don't touch it; it's tulip fever.

this guy is clueless its currencies that are bullshit, the only risks in bitcoin is the establishment will hate it, and because of this will do everything they can to bad mouth it and close it down

and people like viva el presidente like to lick up the propaganda bullshit that the bbc and the likes of feed to him

iamhewho believes that if the draw price is the outsider in match odds, then the 1-1 price can't be favourite in correct score. And he solicits donations on his blog in return for his professional advise[sic].

I am currently making a TV documentary about bitcoin. I started with an open mind because I had never come across it before, but the more I find out, the more I realise that it is just an elaborate Ponzi scheme.

@jed

...kind of. have you read kindleberger's manias, panics and crashes? it would make for good research if not.

the only interesting question about bitcoin really is where it fits on the bubble - swindle continuum.

wow.. there are horrible people on this forum.

i never said to invest in bitcoin i said its worth a mention
here is an unbiased review of bitcoin

http://www.maxkeiser.com/2013/04/kr432-keiser-report-magic-of-bitcoin-gathering/

hey look i must have made another blog because ive posted the link

jed doesnt even know what a ponzi scheme is lol


and hey if say man utd are favourites in a game i wouldnt expect the favourite score to be 1-1 if you do your just daft

I would expect United to be favourites the next time they play City at home, and I also expect that 1-1 will be the favourite score. In fact I would be willing to wager huge amounts of forum points on this

That's right Mr. Anderson.

As I pointed out to this clown earlier, provided the favourite team's odds are above about evens, and provided the u2.5 price is below about 2.2, 1-1 is bound to be favourite in correct score. It's criminal (literally) that he's asking for donations on his tipping site.

bitcoin is only "worth a mention" in the way that an uncleared minefield is worth a mention in a tourist guide.

i dont have a tipping site, if i did i would be tipping silver end of

as for bitcoin just wait and watch the establishment hound it down because they know.

out.

Bitcoins have the potential to become a worldwide online currency. It doesn't have to have any intrinsic value. You can already buy things with them. I have investigated mining them in depth. The problem is getting hold of a fast enough video card to make it worthwhile.

Bitcoin is new. New is better. Therefore bitcoin must be better

It doesn't have to have any intrinsic value.

---------

if it doesn't have intrinsic value and it doesn't represent actual wealth, what exactly makes it worth anything?

I've never seen anyone adequately answer this question. but I've seen a fair few people answer it inadequately.

The OP needs to be careful if he relies on forum advice and 'invests' (and I use the word loosely) 50K in Bitcoins. The exchange rate is extremely volatile, almost certainly a 'bubble', susceptible to online theft (hacking) and is used for money laundering so attaining acceptance by major worldwide financial institutions will not be straightforward.

If the 50K is a high risk gamble, then fair enough, take out any short term profit (if possible), but it's nowhere near what called be termed as an 'investment'.

Why put all eggs in 1 basket? 11k straight into wrapped ISA this year, into something reasonably safe but not too safe, leave 39k. Put into highest interest rate thing you can find now, maybe like 1/2/3 yr bonds for some of it. Repeat next year until within about 4 years it's pretty much all in an ISA wrapper.

put 20k in premium bonds thank me later

To be fair bitcoin was a good call.

The value of virtual currency Bitcoin has soared to over $900 (£559), after a US Senate committee hearing.

The committee was told that virtual currencies were a "legitimate financial service" with the same benefits and risks as other online payment systems.

The Homeland Security and Governmental Affairs Committee is exploring the "promises and risks" of Bitcoin for "government and society at large".

The currency has more than trebled in value since October.
Fear and confusion

The US Senate hearing was prompted by the closure of the Silk Road website in October. The site, which sold drugs and other illegal goods, was shut down by the FBI.

Users of the site were required to pay for their transactions using bitcoins.

Representatives from the Department of Justice and financial regulator the Securities and Exchange Commission have been asked to provide their views about virtual currencies to the committee and submissions have been received from the FBI and the US Federal Reserve.
US Senate building The US Senate committee will hear from the Department of Justice and Securities and Exchange Commission

"Virtual currencies, perhaps most notably Bitcoin, have captured the imagination of some, struck fear among others, and confused the heck out of the rest of us," the chair of the committee, Senator Thomas Carper, said in opening remarks.

The FBI, in a letter to the committee released on Sunday, said that it recognised virtual currencies offered "legitimate financial services" but they could be "exploited by malicious actors".

Mythili Raman, the head of the Justice Department's Criminal Division, told the committee: "We have seen increasing use of such currencies by drug dealers, traffickers of child pornography, and perpetrators of large-scale fraud schemes."
Mainstream acceptance

Jerry Brito, senior research fellow at George Mason University told Bloomberg: ''Two years ago it was alarm when Silk Road first came on the scene.

market cap exercise for 5y olds...find the value


monetary base (M0) 10.000b
gold 10.000b
apple (still not a single product to sell 5y from now) 350b
tesla(exploding 'cars') 10b
bitcoin 5b


bitcoin is one of the best not-expiring options ever. also you only need to have a single digit percentage of your portfolio invested in it as it can still go up 100fold from here....

gambling just doesn't get any easier

"Asia is known for being an area where people emphasize savings, so when Asia moves it's big regardless of whether it's real estate, gold, stocks or bitcoin. I think that's what we're seeing right now," he said.

Zennon Kapron, managing director of research firm Kapron Asia, agreed: "The current run-up in price that we're seeing is due to increasing awareness and understanding of bitcoin both inside China and out."

"Anecdotally, in the past week, I've had a number of both professional and personal friends who had never heard of bitcoin before, come to me, ask how it works and what we think all because they read an article or saw a news segment," he said.

"As they start to understand bitcoin and see its potential in the future, they want to be part of that, which is driving up demand. You could think of it as the next segment of the adoption curve coming online," Kapron added.

Another factor at play could be BTC China's announcement Monday that it received $5 million in Series-A financing – the first round of financing undergone for a new business venture after seed capital – from institutional investors Lightspeed China Partners and Lightspeed Venture Partners.

BTC China's Lee said the exchange saw a dramatic increase in volume following the announcement, as investments of this nature further underscore bitcoin's status as a legitimate investment option.

Bitcoin has appreciated rapidly over the past year; as of Monday, the value has increased more than 50-fold from $11.00 in mid-November 2012. Three years ago, when the currency was unveiled in February 2010, one bitcoin was worth just $0.03. For months it stayed that way so you can see how things have changed in such a short timespan.

also everyone can open an account with #1 exchange BTC China, deposit Bitcoins there, and sell against renminbi....all without fees

go ask your London private banker if he can get you a chinese-currency account to compete with that



Bitcoin revolution.....even if most likely scenario is still a complete loss of all money you invest there the bigger risk in my opinion is already to stay on the sidelines watching ;-)

Bitcoin

Surprised to see this resurface.Can update you-considering blowing most of it on range rover evoque!!!