£7.5k to invest -

[presto]

i recently lent out £7.5k out of my ISA to my dad to buy a car. and will be getting it back @ around £500 a month with pretty good interest.

now my origonal plan was just to bung £3k back into my mini ISA, the leftover into a high interest net account - and bung another £3k in the next financial year. (mini ISA max deposit = £3k per year) and leave the remainder in the net account.

now in my oppinion this is a pretty 'safe' and sound way to invest it, yet i do admit this may not give the highest returns, i would consider a stock portfolio - but maybe with only £4.5k (the other £3k - going back into the ISA), but would £4.5k be enough for a decent portfolio? - there is also another problem with stocks aswell, as i set myself a 2.5 year deadline to get my own house, so this will take a fair bit of cash from my savings - and may make the shares not economically viable for such a short period of time.

[Win2Win]

Your charging your dad interest? :yikes: Try investments in www.tight-fisted.com :laugh

[presto]

he's got a bloody good job, and i am 'technically' an unemployed dosser :)
besides - it's only money off my board. :(

[presto]

by the way - did you check that link first keith :laugh :laugh :laugh

[glynners]

by the way - did you check that link first keith :laugh :laugh :laugh

:laugh :yikes:

[Win2Win]

by the way - did you check that link first keith :laugh :laugh :laugh

I realised that when I woke up at 5am :yikes:

[Onlyforfun]

Have a months expenses in cash, that way you hopefully avoid "must sell" scenarios. For the rest, an ISA is OK, but you are restricted in the stocks you can buy, and they are unlikely to grow to the stage where you need to think about Cap Gains for many years. OK you save a bit on dividends but big deal.

Might be a good time to buy commodities or quality producers, most metals are back to their 200 day moving average as is the Gold Bugs index. Maybe wait a month or so to see what the hedge funds do though.

[andyp]

Who are all these foreign people in here? :doh ... i dont understand a thing! :yikes:

I am going to go into another thread and laugh at Vegys tips and immature jokes! :D (speaking of which, why has he not put a joke in this serious thread?)

*Note to self, only enter this thread agian once you have learnt the language of the Martian* :)

[susanwells]

Put it into a good unit trust.. it isn`t really enough to play around with yourself. No, no, :yikes: , I retract that, I know just what comments there will be on that particular sentence,
Advice holds.. Fidelity Special Situation is a good one, and Invesco Perpetual - or is it the other way round - High Interest has also been performing well for me. They`re well managed funds and you have a better chance long term (as Keith would say.) :hearty

[tophatter]

Spend it. :)

You need to enjoy yourself sometimes as well as invest money. I would give myself a little treat and maybe invest something if anything was left over.

[Win2Win]

I've got a pot with Fidelity.....exceptonal i have to say :)

[podtog]

Anyone got any JP Morgan Natural Resources, might have to have some of that.

[susanwells]

why might you have to ?:hearty

[podtog]

Have a look at the performance Susan, the first two years of the last five were fairly static but so was the overall sector this fund invests in, the last three are very good far outperforming the sector.

[podtog]

Reading Shares magazine and the general concensus seems to be that the current panick amongst investors with the correction in the market is just that, a correction and although inflation will go up the downturn will be nothing like we saw in the 90,s, they go on to say as OFF has already pointed out that commodities should be the first to recover with the great users of this resource (China, Korea) will be in no hurry to ease up yet and could be the short term play your looking for, a forcast for prices to start to get back to previous levels is around September with the market hitting new highs by the end of the year.
Companies to watch with a 3 month view are,
Anglo American, High 2549, current 1995.
Antofagasta, High 510.60, current 385.
BHP Bilton, High 1211.50, current 955.
Kazakhmys, High 1370, current 1064.
Rio Tinto, High 3322, current 2688.
Xstrata, High 2480, current 1947.

Highs were all taken as of the 11/5/06.

[Onlyforfun]

Add in Goldcorps. In sterling terms it is £15.50 from a high of £21.70.

[podtog]

All the above Companies up on the last price or showing even.