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donnamarie
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23-11-2014, 04:19 PM
31

Re: help please!

When I had some extra money, I always favored mutual funds. That way the money isn't all in one basket. Yes, if you get the right stocks, they can do really well. You could also lose your shirt. I would suggest learning all you can first about the risk factors for each investment vehicle.
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23-11-2014, 05:22 PM
32

Re: help please!

Originally Posted by Losos ->
Flippin heck, we've had some for over 25 years and only ever had one win
Same for me, in fact I cashed them in TBH
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24-11-2014, 12:06 PM
33

Re: help please!

You have to buy a lot of bonds to have any chance of winning. For 20 grand you would need 400 back in a year to achieve 2% interest (I think). I'm running an experiment with them to see if I can make 2% in a year: I think I'm around 1% at this moment in time.
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24-11-2014, 01:15 PM
34

Re: help please!

I have a significant stake in a distillery.
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27-11-2014, 03:39 PM
35

Re: help please!

Thank you all so much for your help. I'm sorry I haven't been back to the site more often ....but I am very grateful for all your help
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Losos
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27-11-2014, 05:29 PM
36

Re: help please!

Originally Posted by kim1961 ->
Thank you all so much for your help. I'm sorry I haven't been back to the site more often ....but I am very grateful for all your help
Have you decided where you will put that six grand
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27-11-2014, 05:34 PM
37

Re: help please!

I played safe and put it into a longer term child bond type account. No stocks or shares so no big bucks but its safe!

I'm not a high risk taker with other people's money.

Not really high risk with my own!

Thanks for asking!
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