I have £10,000 to invest – What is the best investment for my money with the lowest risk and highest gain?
The lowest risk is one that will preserve your principle. That will greatly reduce the amount of investing you can do. There are certificates of deposit at the bank that can bring 4-5% depending on how much money you have and how long you want to tie your money up. I don’t want your profit. I would rather you take your money and put into a savings account. You then go to the bookstore or library and find books on personal finance and read up on them. Then maybe check out some books on investing. Then invest your money. The most powerful investment tool you have is located inside your cranium. Start to fill your mind with the information about money and then make decisions. Also, don’t advertise on a public, faceless site, that you have £10,000. You are just asking for rats to come in and steal it from you.
Bonds of any sort will give you the highest “guaranteed gain” with the least risk. Stocks can lose all their value in a matter of moments, CDs and treasury instruments are low gain because of significantly reduced risk. Depending on the time frame you are looking at investing for, bonds are good for short periods 5-10 years, while stocks (a diversified portfolio, I prefer one that tracks an index like S&P or FTSE) will usually pay off better in longer runs. Many retirements plans also allow for extra deposits if you are below your annual maximum deposit and they will typically do pretty good as well as have tax implications if that matters to you.
