Best way to invest 5k

[ian.huntley]

So what would you recomend? Over a period of lets say 10 years.
TIA

[Rollo]

There is no way I would invest in something that was going to tie my money up for 10 years in today's low interest climate.

I would want flexibility to switch into something else as circumstances change.

[ian.huntley]

I know what you mean Rollo. I like Rollos they are yummy!

[jackthehat]

Troll alert.....!

[RufusDufus]

The colombian "face powder" markets always a great investment!

[yoctobarryc]

Invest in equities, go for some companies that are undervalued and show strong growth for the future.

Alternatively, go for gilts - the governments debt diet is likely to be beneficial.

[Whoever]

As I'm not a financial advisor I can't give you advice. However, without knowing your situation and assuming you have no debts which need to be paid off, and also that you are a taxpayer it makes sense to use your annual ISA allowance. With a 10 year time frame equities will hopefully have recovered by then so in your shoes I'd probably opt for five good equity income funds (unit trusts) and put �1000 in each under an ISA wrapper., having the dividends reinvested. Alternatively, I'd might opt for a 60% equity income and 40% growth portfolio. If you don't want to use a financial advisor, check out the Hargreaves Lansdown website (h-l.co.uk) and look at the Fund Research section. There a lot of useful information on there and it might help you better understand the risks if you're a first time investor.

[Stevesw]

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