What is your advice for good investment?
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huntley
Apprentice
Joined: 11 Dec 2007
Posts: 5
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 Posted: 06/17/09 - 08:56 Post subject: |
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| I am interested in investing some money. I have been reading up on various options, but I am an investment virgin and I am not really sure where I should be starting. What kind of an investment could I make? It should be something quite low risk. If you have some advice for me, please drop me a line. Thank you and regards. |
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jamey
Apprentice
Joined: 30 Oct 2006
Posts: 2
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| Posted: 07/02/09 - 03:29 Post subject: |
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| A mutual fund should be a good place to start. Or even better: take on a Maxi ISA. These are great vessels to carry investments without having to pay any taxes on the amounts within the ISA wrapper, and including of course the interest you receive on your investment. Each tax year, you could invest up to £7,000 within a Maxi ISA. Not bad to start with, hey? |
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