noremedy
100+ Head-Fier
- Joined
- Jul 29, 2007
- Posts
- 359
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- 10
Hi guys,
I'm an eighteen year old student in the UK, and am interested in starting putting away small amounts of money per month (<£100 per month).
The return on fixed bank bonds is abysmal at best 2.75% for such small sums, which makes an annual gain of about £30. This to me sounds rather pointless and I am looking for something with a slightly higher return (5-10%), now obviously with greater returns comes greater risk, but I don't mind this with such small sums.
I would like to know what my options are? Stock trading? Buying and selling goods for a greater return?
I know there are plenty of options out there, I just don't know of them! So please head-fi share your knowledge!
Thanks.
I'm an eighteen year old student in the UK, and am interested in starting putting away small amounts of money per month (<£100 per month).
The return on fixed bank bonds is abysmal at best 2.75% for such small sums, which makes an annual gain of about £30. This to me sounds rather pointless and I am looking for something with a slightly higher return (5-10%), now obviously with greater returns comes greater risk, but I don't mind this with such small sums.
I would like to know what my options are? Stock trading? Buying and selling goods for a greater return?
I know there are plenty of options out there, I just don't know of them! So please head-fi share your knowledge!
Thanks.