RE: Looking for suggestions......9 Feb 2021 15:41
Hi RoseMax,
If you do stocks safely , its " boring" sitting there watching you capital grow slowly.
Since you want some fun and to learn
If I was in your position I would split your capital 4.5k/5k in funds/IT's in HL (for example) within an ISA ( taxman can't get you then ;)
and put the other £500 in 212 trading ( for example) this will give you access to partial stocks instead of whole ones. THis means you can leave the bulk of your capital to mature and grow in relative safety ( sorry I have to put that because we all know nothing on the markets is 100% safe). And the £500 is your "play" money to learn and earn coin :)
I would be inclined to look at World growth funds, green energy, EdTech, FinTech, Pharma ( massive business) I would stay away from normal automotive ( I work in an automotive Tier 1) everything is cost reduction, screwed right down to max 5% profit.
PLCs for your £500
Tesla? - the only one I know that bucks the automotive trend
RDS - stupidly low, not sure if its a good idea, but they pay divs( not the full amount, long play out if it does come back IMHO)
STAF- recruitment, temp workers etc - on its arse but there is good growth potential again IMHO
These are suggestions unless you have an idea already. as always DO YOUR OWN RESEAARCH.
P.S. well done on the betfair!
Cheers
Yo