i want to invest money from £1 to £20, i dont know what do invest in and if i even do how, can you explain it please.
Where can I invest money in to make more? And How?
- Posted:
- 3+ months ago by obaid16195
- Topics:
- money
Responses (3)
Good on you for wanting to invest. There are lots of options such as savings account, share market, property, a business, term deposits, bonds etc. But you will need significantly more money to start off with. Maybe a savings account will get you started and once you have more money you can explore other options? Speak to your bank about it. Good luck.
Right now the price of gold is about 75 times the price of silver. That ratio goes up and down every few years. Five years ago an ounce of gold cost 30 times an ounce of silver. In 2008 the ratio went from 75 to 40 and back to 75 in just over six months. So you buy 75 ounces of silver and hide it at home, not in any company's vault. When the ratio goes down, you swap your silver for gold. When the ratio goes back up, you swap your gold for silver. You can usually double your holdings every cycle. This is the world's safest investment because you are always fully invested in hard metal. It is also the world's most boring investment. You really need a hobby to occupy your time. But you don't need any education, you don't need to find a broker or open an account, and you can get started for just the cost of a coin.
Here are some links where you can learn the business:
www.gold-eagle.com/top-analysts Pick a name, read, repeat.
www.gold-eagle.com/editorials_03/sanders030703.html THE PLAN
www.kitcomm.com/ A forum for like minded people.
I have some adflow to trade