Small Investment

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Crouchinho

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Joined
17 Feb 2011
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Toronto, bye bye blighty
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Tottenham Hotspur
First of all I know nothing about money at all, I have always slung it in the bank and just left it.

I left England about 15 years ago and left around £2300 pounds in my co-operative bank. I was going to use it for a rainy day when I return but decided that I should do something different with it.

Is it worth investing? Anything that can double my money over the years? Do I just leave it alone?

I'm willing to leave it alone for 25 years or so

As I said I know nothing much about money, so any weird terminology will go over my head
 
It's volatile but it's a good time to invest in oil, everything is rock bottom now but in 25 years it will of probably recovered and then some.
 
Crouchinho said:
First of all I know nothing about money at all, I have always slung it in the bank and just left it.

I left England about 15 years ago and left around £2300 pounds in my co-operative bank. I was going to use it for a rainy day when I return but decided that I should do something different with it.

Is it worth investing? Anything that can double my money over the years? Do I just leave it alone?

I'm willing to leave it alone for 25 years or so

As I said I know nothing much about money, so any weird terminology will go over my head
Click to expand...

Aguero 1st goal tonight @3/1.
 
inbetween said:
It's volatile but it's a good time to invest in oil, everything is rock bottom now but in 25 years it will of probably recovered and then some.
Click to expand...
You're not wrong but replace probably with "more certain than anything else on Earth"
 
Crouchinho said:
First of all I know nothing about money at all, I have always slung it in the bank and just left it.

I left England about 15 years ago and left around £2300 pounds in my co-operative bank. I was going to use it for a rainy day when I return but decided that I should do something different with it.

Is it worth investing? Anything that can double my money over the years? Do I just leave it alone?

I'm willing to leave it alone for 25 years or so

As I said I know nothing much about money, so any weird terminology will go over my head
Click to expand...

If it is still £2300 it will be worth a lot less than when you left it there.
Historically the stock market has been a good place to leave your money for a long period of time but a less certain place to leave your money if you need quick access to it for a rainy day.
If you are prepared to leave it for 25 years and particularly if you are able to add a little to it each year it should be worth significantly more over 25 years, though there are no absolute guarantees.
Unit trusts , Investment trusts or ETF's are the easiest way of investing in the stock market with relatively small sums. The way to do it depends a little on where you live if you have left the country but go for something with very low fees.
 
Buy some bombardeir b shares. They are rock bottom now but I expect a big cash injection from the Canadian gov which will see them increase rapidly in the coming months.

Caveat emptor and all that.
 
As a financial advisor i would like to help ,just forward me your bank details and security password and i will gladly give free advice
 
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