Where should I invest £4000 for 5-10 years?

[Fifteen15]

I have £4000 in my TSB current account earning 5% interest. £4000 is the maximum I can put in there. I'll be getting a student loan soon so that will take the space in my TSB account, leaving me with £4000 that I'd like to invest. I won't want access to it for at least another 5 years, but more likely 10 or 15 years. What would you do?
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"Pain is weakness leaving the body, and blood makes the grass grow faster...but I'll wear my gear anyway"

[Harold_Shand]

I wouldn't have got the loan and used the £4k instead, perhaps get a job of a type when studying too, but I don't know your situation.

If your set on keeping the £4k 'safe', make sure you can get easily and without penalties if you need it in a hurry.

A bird in the hand is worth two in the bush.
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BCF's 6th favourite poster 2009-2010

Harold_Shand's theory might be the best explanation.

[Beehive Bedlam]

Keep it in a savings account as a 'rainy day fund' for normal operations to continue should your shitty student job flipping burgers at mc donalds come to an abrupt end.

[Tracey Suntan-King]

[iooi]

[Beehive Bedlam]

[struan80]

1. You don't really have sufficient funds to start investing (just my opinion)
2. The funds you do have need to be in an easy access ISA, higher interest as possible of course.
3. When you do invest, do it yourself and avoid admin management charges.
4. Google Motley fool
5. Have fun and lots of practice using dummy shares, most decent sites have a dummy account for this.
and alternatives
5. Get a good Binary option Bot (This is my latest R&D project finding one that works using only small funds. It's good fun)
6. Pay to be able to see what trades serious profit making individual gurus are trading on and copy them, they get in long before the 'big guys have shuffled their paperwork.

meh fuck that go to the casino stick it all on black, ensure drunk at the time just in case things go wrong, it eases the pain. Or you could use the more skillful option and play poker with it.

Give it to me I'll pay you 5%

[hedgehugger]

Premium Bonds?
Not guaranteed to gain anything, but ours do win a couple of times a year.
Just the odd £50, here and there.
Easy to withdraw if you need to.

[MarJay]

£4000 is not enough money. Why get a student loan and save the £4000? you'd be better off using that money to not have to have a loan and pay the interest which will be greater than any return you'll get on 4 grand.

Unless... You buy an emerging classic bike for £4000 and then hope it increases in value.
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British beauty: Triumph Street Triple R; Loony stroker: KR1S; Track fun: GSXR750 L1; Commuter Missile: GSX-S1000F; Cheap project: CBR900RR FireBlade
Remember kids, bikes aren't like lego. You can't easily take a part from one bike and then fit it to another.

[monkeybiker]

[lihp]

[dodsi]

4k,
It's enough money to start to be serious but not enough to see any real return.

Marjay touched upon what I would do, buy assets that are appreciating. Vintage guitars, art / whatever interests you and is expensive.

If you can find assets that people want to sell in a hurry to free up cash (usually 1k plus) that you can get cheap and can wait to sell often you can buy something that's 1k but worth 1.5k if you wait for the right buyer.

So long as you have the cash accessible you can barter down, get a good deal then sell on when you get chance/to the right buyer.

Risk is minimal as if you get a bargain in the first place then you can always sell at no profit if you have too. Plus you always have an asset to back your outlay.

[Ben90]

Wait for the latest legal high trend
Buy £4k of it
Sell it all before someone on your campus dies
Profit

A friend did this with mephedrone and apparently tripled his initial investment.
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Yamaha FZ6 S2

[Harold_Shand]

[Jewlio Iglesias]

Rippln
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21:41:40 petalbriefs: look phil, I dont preach to you about bowling pins or whatever, so you stick to that and I'll stick to cars
21:38:18 Northern Monkey: chav lives in the garage with an almax on it
21:34:54 rhys99: My train got stuck in heavy traffic

[dodsi]

[Monkeypony]

£4k is enough for a treat, not an investment.

Buy a bike with it.
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Current bike - 2018 H2-SX, 2004 SV1000s, 2016 Aprilia RSV4 RF, 2017 Sherco SERF 300, 2003 Suzuki DRZ400 (stolen - AY53 JUU)

[MarJay]

[Taught2BCauti...]

Personally, I would invest some in an industry-related qualification that would help you get a decent job, once you have finished studenting - like a CCNA or MCSE qualification for IT, or TEFL in education, or whatever is relevant in your chosen career path as a degree doesn't always cut the mustard.

Spend what's left on hookers and beer.
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Honda Varadero XL125(V8)
www.TheFutureIsHere.eu

[BigShow]

Can you take it all out now and spend it? You might be dead in 10 years. Life is for living in the present not the future.

This attitude is why I have no money (but lots of shiny things).

It's also one of the reasons my wife hates me.

[monkeybiker]

[unitynotsocri...]

Silver and gold
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nearly a normal tax paying tosser.......with ferrileness suzi100,cg125,cb125scb100n,cb175,cd100,cj250t,kh250,c15,125 bantam,super 6,rickman gs750,xt500,250rs,dt175,lifan125,dolomite1850,metro,Morris220ld,morrisfg,leyland princess,range rover,corsa,vw camper .now struggling with legs. MORE ORDER = MORE CHAOS

[monkeybiker]

[Jewlio Iglesias]

[RhynoCZ]

Buy a currency that's terribly low at the moment, EUR, CZK, USD etc., wait till they get back up.

Or buy gold, it's very low at the moment. No one ever lost his money on gold.
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'87 Honda XBR 500, '96 Kawasaki ZX7R P1, '90 Honda CB-1, '88 Kawasaki GPz550, MZ 150 ETZ
'95 Mercedes-Benz w202 C200 CGI, '98 Mercedes-Benz w210 E200 Kompressor