| Investing General discussions on investing and investments: shares, bonds, commodities, forex, and funds. |

11-17-2007, 12:30 PM
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Junior Member
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Join Date: Sep 2007
Posts: 1
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Investment Questions
Hello Guys,
- I am 21 and currently a Student. I've been looking to get into investment for about 2 years now, didn't really know how to begin. Found this site couple of months ago, and found it to be intresting.
- Now, (correct me if I'm wrong) I have this idea in my head that if I get into investment and play the game right, I could make income. Hope I'm right. (i.e. primary objective is to make money)
- I also need to know how much(£) I would need to get into the game (have in mind, I am currently a student). Asking this because I read in one of the post that one would need about £1000. Since I am a student, that's quite a sum of money. Now, the fact that I mentioned £1000 been too much for me at the moment, does that mean: I can't play?
I won't last?
or better, is there some kind of class I should be in?
- At the moment, I have been devoting my time into getting to know the stock market well. Is this what I should be doing at the moment?
Will post if I have anyother question.
Appreciate all replies.
Thanks.
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11-18-2007, 12:52 PM
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Senior Member
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Join Date: Sep 2007
Posts: 116
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Re: Investment Questions
I think if you set some money aside and studied futures i think that is the ebst way to make money on a little money. I find the forex too much of gamble and binary too. But others may have other opinions. I must admit how much return are you thinking of
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11-18-2007, 04:17 PM
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Senior Member
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Join Date: Sep 2007
Posts: 188
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Re: Investment Questions
I was the one who recommended a minimum of 1,000 pounds but you either need to have expereince in the markets or seek a third-party to assist you with your investments in order to achieve great returns especially with that amount of money.
What is a great return?
That depends on your persoanl definition of what qualifies a good return.
Here is my recommendation:
Set-up an automatic transfer from your checking account into a Money Market Account every month and transfer the same ammount every month, i.e. 50 pounds, 100 pounds, etc. until you have sufficient funds to invest with.
In the mean-time you can research different investment strategies which will meet your investment goals or different comapnies which may be able to assist you.
You may want to trade on paper for a while.
You are right, if you play the markets right you can reap huge benefits.
I would not recommend that you start with futures markets. They are a good place but if and only if you understand how they work. In my opinion they are not the best market to put your money at work.
You can study and research all you want but that won't help you that much. You may know a definition and some terms but that's all. That doesn't mean you know or understand the markets. Not at all.
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11-18-2007, 04:36 PM
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Junior Member
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Join Date: Nov 2007
Posts: 1
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Re: Investment Questions
There is less manipulation with forex. However, it still has its problems. What I am finding that's new in forex is fixed options.
Fixed options seems to be the next level of forex. Take a look at RetroForex and FxSpyder. From what I know, these are new instruments and I think it's worth a look.
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11-19-2007, 06:57 PM
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Administrator
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Join Date: Mar 2006
Posts: 811
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Re: Investment Questions
Forex is *never* a good idea for a new and inexperienced investor.
The trouble with investments is that it's a percentiles game - so that the actual returns from your investment depends on the size of the investment you started with.
Frankly, £1k is not a great deal to play with, but in the right areas, can work well. For example, if you'd have invested in gold 4 months ago with that 1k, it would now be worth around £1.3. Which means a growth of 30% - which sounds great - but £300 out of it isn't all that great, consider the risks.
What you may want to do is use some kind of share builder program, so you can add small (ie, affordable) amounts every month to your investments, so those small pennies really add up over the long term.
2c.
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11-20-2007, 02:04 PM
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Senior Member
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Join Date: Sep 2007
Posts: 188
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Re: Investment Questions
It depends on what you do with the money and how you invest it.
30% over a 4 month period is a nice return. Definately better then to buy a small amount of shares every month for the long-term.
Yes, 1k is not a great amount of money but it is a decent start.
Personally, I dislike those share-builder programs or I should say that approach but the individual investor needs to make that decission. It depends on the investment goals of the investor.
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11-22-2007, 08:24 AM
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Administrator
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Join Date: Mar 2006
Posts: 811
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Re: Investment Questions
Indeed, that's what I mean - if you don't have much cash to invest at all then share builder programs at least offer a first point of accessibility.
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