From: "DP"
Newsgroups: uk.finance
Subject: Re: Doubling UKP5,000
Date: Mon, 3 Nov 2003 23:38:49 -0000
Buy a copy of the Investors Chronicle, look at their share recommendations,
and invest it in the smallest company in their weekly list (or whichever one
you fancy).
Before you do this with any "real" money, keep a track of how this week's
recommendations perform over the next few months. They used to be pretty
good at tipping shares, although I've not read the IC for a while. Most of
their tips are companies that have produced good interim results and are
expecting good final results. As finals come out up to six months after
interims, maybe 3 months is not a good time period for this strategy.
Putting it all into premium bonds is a good idea although you would probably
win maybe £100 in the 3 months.
Traded options can produce good gains, but unless you take the time learning
how to use them you will be more likely to lose all your money.
In my view, however, it is not good practice to set such a goal. You might
be disappointed if your £5k turned into only £6k in 3 months. Outperforming
the FTSE might be a better goal.
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