Someone I know is getting married in 3 months time. His in laws have said that instead of contributing to the wedding ( because the Bride and Groom have covered this), they will contribute between 5 and 10k to whatever (sensible) investments they choose. They won't support owt daft, like 2-1 on Chelsea to beat Stoke. They want a reasonable growth over 5+ years. Anyone know any good schemes?
Just about any other currency, except Zimbabwe or Venezuela. Euros, Dollars, Rupees or Yen should have a good return against the pound over that time frame.
Always difficult to define sensible, but for what it's worth, since 2002 I've invested a regular amount each month, split 50/50 between Fidelity Special Situations and Invesco Perpetual High Income. It's managed by Sterling Investments, and I think classed as medium risk. I occasionally draw from it, but it's performed really well, and thankfully rode the banking crisis and recession pretty well. My dad would say Premium Bonds.
Avesoro shares. Just tookover by the Turks after a terrible 5 years, shares at an all time low and last couple of quarterly updates have all been positive. It's a gold mine so when Trump wipes out North Korea the share will rocket.
I bought a 1971 camper van for 6 grand in 2007 and flogged it for 13 grand last year. Left field but something to think about
Something like Legal & General International Index trust, or Vanguard lifestrategy series would be appropriate. Both come with loads of diversification and low running costs.
It might. Although at the moment I personally think there is more chance of us joining the Euro and losing the pound than the Euro collapsing.
Normally I'd say gold bullion but with the £ being so rubbish it's not heading north much any time soon. How about 10 lego millenium falcons. They retail at £650 - but when they go obsolete / retired they will double in price pretty much over night.