Please any advise on investment for 2006. I have about 5000 to invest

mike

Difficult for any one to advise really as a lot will depend on your attitude to risk.

A building society is a good bet - you shoould get a guaranteed return of 5% these days - but if you want something that looks like it is about to take off - but has a high level of risk - you could look at Chaco. Suggest you have a trawl through the CHP thread - it has just started to move upwards in anticipation of an announcement next week and pundits are suggesting that it could reach 30p plus within 12 months from its current level of 8p.

Please donmt take this as advice as I am not qualified - but you could do worse.

Baza

Mike,

Agree Baza's comments about what level of risk you are prepared to take?

You could look through the 'My tips for 2006' thread. Like Baza, i'm in also in CHP, I would also suggest you take a look at COH if you like a simple business model, that has lot's of potential. Good luck and always, always DYOR

hi MIKEBABER //if you like/ you could give to ME/// i will make you an OFTER/// IN APRO,TEN YEARS TIME REPAY YOU APRO 15000PDS// HONEST/////

Mike,
Best advice I could give anyone is to fantasy invest your cash for a while till you get a feel for the markets, and a knowledge of how and why things work. You'll also get an idea of who talks sense on these boards and who talks bollox. You'll soon recognise the style.
Put your cash in the B.Soc. for a while and pretend you are investing. You really will make a better job of it when you start for real.
By the way, just as a pointer, I'm one of the ones who talks bollox ;-) ask anyone.
Alan

Mike,
That is very sound advice from Alan (not the talking bollox bit!!). To add a little more, my advice has always, and always will be, if you cannot afford to lose the money DO NOT INVEST IN THE STOCK MARKET! Anything can, and usually does happen (Especially if I own the shares!!)
Kim

If you have to ask a question like this, stick it in the bank.

G

OOOPS.
Forgot to say the most important bit.
Ahem, ahem.
"The value of investments may fall as well as plummet. Your home may be at risk if you set fire to it. Hewittalan6 is regulated by the Financial Services Authority".
Thank you.
Alan

Stick you money in a high interest bank account of any of the major bank, preferably with on line banking.

Buy a few books on the market and investing and the stock market. Such as been listed on other threads on this BB. Read two or three three or four times.

Do a search of this thread on "books".

Suggest Reading the Financial pages of the FT and Zulu principle and beyond the Zulu Principle.
Then consider the time period you are going to invest over and if you can afford to lose the lot.

Don't ever buy a share proffered or tipped on this or any other BB or Magazine without doing your own homework.

If you do this and e-mail me after you have read a little I will give you a little breakdown which may help to keep you out of trouble.


Remembet you make money slowly and can lose it quickly!!!

Mike,
You are not, by any chance, Gordon Brown? New baby on the way, want somewhere safe to put the kiddies savings? Come now, you should know that there is nowhere safe from yourself! ;-)
Kim