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Hi ! newly employed looking for best investment options

rupeshf1
by rupeshf1 21 March 2010  |  Comments 4 comments  |  Love Love  0 loves

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Comments (4)

  • manzanilla
    Love rating 410
    manzanilla posted

    I think you are going to have to give us some clues if you want good advice - how mucy are you expecting to be able to save each month? will you be saving for a purpose - everyone needs a 'rainy day fund', what about a house deposit, are you thinking pensions etc

    how old are you? the answers are going to be very differnet if you are 22 or 62.

    manzanilla

    Posted on 21 March 2010 | Love Love  0 loves Report
  • MikeGG1
    Love rating 804
    MikeGG1 posted

    Same questions as Manzanilla plus 'How soon are you likely to want to use the investment?', 'How much risk are you prepared for?' and 'Do you have any investments yet?'.

    Posted on 21 March 2010 | Love Love  0 loves Report
  • MikeGG1
    Love rating 804
    MikeGG1 posted

    Does your employer run a Share Option scheme? If so, that could be a very good investment.

    Mike

    Posted on 22 March 2010 | Love Love  0 loves Report
  • Rogue Economist
    Love rating 2
    Rogue Economist posted

    First invest in your company pension scheme to the max that the employer will match, from memory I think the employers matches 6% of your income invested, check that with the pensions advisory service:

    http://www.pensionsadvisoryservice.org.uk/ 

    after that build savings of £1,000 min in to an ISA for emergency,

    then come back on here and ask what next?

    Cheers,

    Den

    Posted on 01 April 2010 | Love Love  0 loves Report

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