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Old 06-28-2009, 04:39 AM
 
420 posts, read 66,477 times
Reputation: 153
Default Investments for 490,000

I need help putting this money into investments. You can forget the Stock Market.
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Old 06-28-2009, 05:07 AM
 
420 posts, read 66,477 times
Reputation: 153
Oh, and I'm UK so all the talks about CDs won't do any good.
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Old 06-28-2009, 07:33 AM
 
304 posts, read 542,673 times
Reputation: 142
Send it to me and I'll invest it for you...no worries
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Old 06-28-2009, 01:14 PM
 
420 posts, read 66,477 times
Reputation: 153
And what happens to you when I get nothing back?
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Old 06-28-2009, 01:45 PM
 
Location: Austin, TX
318 posts, read 436,766 times
Reputation: 154
Quote:
Originally Posted by Craig121 View Post
And what happens to you when I get nothing back?
He will get millions of bonus if he works for WallStreet. That's exactly what has happened in all those years. They lose all our money and get big bonuses.
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Old 06-28-2009, 01:47 PM
 
420 posts, read 66,477 times
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No, he would not get the millions. I would get that, and give a big chunk to a couple of guys to throw him from the 30th floor.
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Old 06-28-2009, 01:56 PM
 
Location: Austin, TX
318 posts, read 436,766 times
Reputation: 154
I don't know much about investment, but I'd think that you probably have to invest in government bonds for safety with that much money. Why can't you put them in CDs in the UK?
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Old 06-28-2009, 02:04 PM
 
420 posts, read 66,477 times
Reputation: 153
I have no idea what a CD is.

I do however know about the ISA and its increase to 5100 from next year. All this money is going to be sitting here in my house, and will stay until interest rates become worthy of investing. That could take 4 years.
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Old 06-28-2009, 02:08 PM
 
17,114 posts, read 23,451,970 times
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Quote:
Originally Posted by cls88 View Post
He will get millions of bonus if he works for WallStreet. That's exactly what has happened in all those years. They lose all our money and get big bonuses.
Yes, but they're soooooo good at losing it ... masters of the universe, dontcha know.
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Old 06-30-2009, 08:42 AM
 
420 posts, read 66,477 times
Reputation: 153
This money is lost. This thread needs deleting or closing.
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