How would you invest £27,000?

Nojokur
Nojokur

How would you invest £27,000?

Scenario
19
Neet but looking at college/apprenticeship
High house prices

All urls found in this thread:
http://www.investopedia.com/articles/pf/06/realestateinvest.asp
http://www.artofmanliness.com/2014/06/24/9-ways-to-invest-without-putting-money-into-the-stock-market/
http://www.artofmanliness.com/2014/03/12/index-funds-for-beginners/
http://www.loopnet.com/Listing/19844247/8007-Avenue-C-Houston-TX/
Fried_Sushi
Fried_Sushi

where abouts in the UK.. same situation bit older and bit less

Need_TLC
Need_TLC

@Nojokur
HSBC
xaxaxaxa

Garbage Can Lid
Garbage Can Lid

@Nojokur

12000 distributed equally into bitcoin, ethereum, siacoin, and monero. 2000 for a nice computer, 11000 to live off of for 1-1.5 years while learning blockchain development/programming and building a github project portfolio, then get a job at a blockchain startup company as a junior dev and working my way up.

Crazy_Nice
Crazy_Nice

@Nojokur
Go to college. Put whatever else you can in stocks to supplement your neetbucks.

Lord_Tryzalot
Lord_Tryzalot

Sell call options on Nintendo.

Sir_Gallonhead
Sir_Gallonhead

@Garbage Can Lid

Add the other 2k to living expenses.

King_Martha
King_Martha

@Fried_Sushi
East Anglia

I'm in a shitty isolated village in the middle of nowhere

girlDog
girlDog

@Garbage Can Lid
im one of the few /biz/realites who doesnt understand all this bitcoin stuff

i tried it once and some bloke wanted me to send pics of me just to buy a bitcoin lol.
haven't tried since, but that doesn't mean i never will.

i know ill have to learn it
im not particularly interested in bitcoin as an investment though

id like to become a share holder and collect dividends

Evil_kitten
Evil_kitten

@Lord_Tryzalot
When? This month, next month, financial report month?

Carnalpleasure
Carnalpleasure

You could buy TrumpCoin

PurpleCharger
PurpleCharger

@King_Martha
what are the local/highest paying industries?

Illusionz
Illusionz

@PurpleCharger
well its not far from cambridge where the science park is

also theres the horse racing industry not far away

Harmless_Venom
Harmless_Venom

@Illusionz
you are only 19, wouldn't worry to much unless your parents are going to kick you out.. don't want to go to uni?

Inmate
Inmate

@Harmless_Venom
i have no a levels
need to prepare for the future though, ive got all this money just laying around which i got from working, but i left my job to enjoy the weather

1.1% interest in a savings account is a waste of time
thought i'd ask the economic geniuses on Veeky Forums for advice, they've never let me down

no really they haven't

Firespawn
Firespawn

all in $TSLA Elon Musk is a god

SniperWish
SniperWish

@Inmate
look at a emerging market fund then, don't buy individual shares unless you like gambling

WebTool
WebTool

@Inmate
open a HSBC account (if interested can set you link, will give us both £100)
Within HSBC, open stocks and shares ISA.
Place as much as possible into the mutual funds.
I've gained around 1-3% a week for the last 2 months, as i've been buying mutual funds when they're down, waiting to gain around 3-5% and then selling them. This also is beneficial as they're no fees associated, meaning your yearly return would likely be above 30% and with little risk.

Hope it can help.

LuckyDusty
LuckyDusty

@Inmate

left my job to enjoy the weather

Really?

StonedTime
StonedTime

@Inmate
Assuming you don't NEED that money anytime soon you can invest it into an Index Fund. Basically it's diversified, cheap, has higher interest rate and controlled by algorithms. Or you can try investing the majority of it in Realestate Investment Groups, which is where everyone piles up their money into a fund, spends it on rental properties and then you get paid a portion of the rent as a dividend. My family does this and it's the highest interest bearing investment they have.

Sources:
http://www.investopedia.com/articles/pf/06/realestateinvest.asp
http://www.artofmanliness.com/2014/06/24/9-ways-to-invest-without-putting-money-into-the-stock-market/
http://www.artofmanliness.com/2014/03/12/index-funds-for-beginners/

TechHater
TechHater

@LuckyDusty
it was a shitty job and i hated it anyway lol

im either going to join the RAF soon or go to college in september anyway

before i know it im going to be tied down to a massive mortgage debt anyway. may as well enjoy freedom whilst i can

SniperWish
SniperWish

@TechHater
Yo my friend was in ROTC during college, he got to take a bunch of courses through them that gave him credits and saved him money. Do the Brits go anything like that? You should tots look into it.

Methshot
Methshot

@Nojokur

Mutual funds and check what's going on once a year

You have £15k ISA allowance this year, £20k next

Even if you add nothing to it, your retirement is mostly solved

Emberburn
Emberburn

@Nojokur
Mutual fund

Emberfire
Emberfire

@Illusionz
You a fakenham boy?

Stark_Naked
Stark_Naked

@Nojokur
Buy stock in a stable company on margin.
Get weekly covered calls on said stock.
Enjoy making 1,000+ a week forever.

Boy_vs_Girl
Boy_vs_Girl

I'd invest it into finding a job you NEET fuck

Maybe buy some grass cutting equipment or a tractor

whereismyname
whereismyname

@Nojokur
pump it all into forex
wait for the GBP/USD to take a quick dip
buy in, max leverage
wait a few-ish minutes
boom, 40,000 GBP

after that, chill for a few months, start investing in your living space and repeat

easy peezy lemon squeezy

Nude_Bikergirl
Nude_Bikergirl

@Nojokur
Leave your shit in the ISA

Save the rest as your fall bank savings, never to touch it unless you desperately need it.

CodeBuns
CodeBuns

@Nojokur
Spread the $27,000 into 5 deposits on owner financed triplex's. Retire on the gains after mortgage and insurance.

cum2soon
cum2soon

@Nojokur
@CodeBuns
http://www.loopnet.com/Listing/19844247/8007-Avenue-C-Houston-TX/
Buy this.

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