Hey /biz/. I'm 20 and I have about £3k savings. Although I have a basic understanding of finance, I have 0 experience of actual investing. What would be the most efficient use of my money considering that I have enough free time to learn how to invest etc.
>>729685
1 open Halifax Sharebuilder stocks and shares ISA
2 set up regular deposit of £300 per month
3 spend time each month researching a company or fund. at the beginning pick simple trackers and FTSE100 companies. no /biz/ day trading penny shares shit.
4 set up the regular investment in the ISA for that share or ETF or whatever
5 in 10 months you will have a neat little portfolio and if you did step 3 properly you should be getting a bit of capital growth or a small income from it. or if not then it should be teaching you some valuable lessons.
6 reinvest dividends, keep up regular investment. get rich slowly.
>>729705
That's a great answer, thanks!
>>729685
Convert it in to bitcoins and invest in satoshi dice bankroll.
I make £22 a day from a £950 investment. £3k worth and you would get £67 a day.
£67 a day free money.
>>729763
And bitcoins are going to the moon. :
http://www.coindesk.com/21-ceo-balaji-srinivasan-bitcoin-job-fair/
Do your own research.
day trade. for example, buy 1000 chares BIOC right now in after hours for 3.55 each and sell tomorrow morning with a 20% profit. alternatively you could also buy some MYNX with it at 1.68 right now with a tight stop at 1.65 hoping for a 10% return by tomorrow morining. check back with me then.
>>729781
yep well if you took my advice you'd be up a few hundred if you bought a few k of either/each stock. few minutes is all it took, and sleep soundly to wake up to even more gains tomorrow morning.
>>729763
This sounds too easy. What's the risk here? Bitcoins going to shit? Can I slowly pump money into the dice this summer and be making a passive income by the end of it? Shit, if I could dump 4-5 grand and be making $100 a day doing jack shit I would. What's the catch?
>>729849
>Bitcoins
>What's the catch?
the answer is in the question, anon
>>729781
Why doesn't everyone do this if its that easy to make so much money?
>>729763
I'm researching this shit but can't figure
out how to invest into the bankroll. I want to try it out with $1000 usd worth of BTC, and if I can make similar to what you are then I'll expand the pot. But how are making so much a day off that? I was readin that returns were menial. But $67 euros off 3k is impressive for a day.
Are you me OP?
>>730016
Go on satoshi dice and click the "invest" tab. It's simple as fuck really.
>>729854
Sounds like a clever thing to say, but who is this person?
