What Is The Best Savings Or Investment Plan For Long Term ? ?

By Increase Savings | Published: November 16, 2009

I have invested in cash-isa where the maximum I can put in is only 3600. Is there some other investment plan where I can invest on monthly basis and earn good interest ? I’m looking at anything lenght of time. Thank you for taking your time to answer my question.

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6 Comments

  1. Jeremy R
    Posted November 16, 2009 at 1:23 pm | Permalink

    Now is a good time to invest in shares because they are so cheap.
    Diversification is important
    Sectors
    Countries
    etc.
    As the USD is still the major reserve currency, half of the investments should be in USA and half in the rest of the world. This means it should be well diversified.
    You may be able to get real free financial advice at banks.

  2. Anonymous
    Posted November 16, 2009 at 6:23 pm | Permalink

    Just one word for you my friend : GOLD
    Educate yourself and you will soon understand that there is no better investment.
    Watch the videos on this chanel:http://uk.youtube.com/watch?v=NKwdpCI3MQ…
    Read this articles and open a free account:http://www.goldiac.com/

  3. brad
    Posted November 16, 2009 at 8:49 pm | Permalink

    Mutual funds are good for adding to monthly. Do you have a stock account? For the general market, I’d add some dia or spy for a long term hold. Averaging down if price goes lower.

  4. Matt S
    Posted November 16, 2009 at 9:08 pm | Permalink

    if you want good interest look at high yield bond funds. Most pare paying 10-12% and they are safer than stocks. JAHYX and SGHSX are 2 such funds.

  5. Serious M
    Posted November 16, 2009 at 10:02 pm | Permalink

    google for HSFX Asset Management and start making money. In the end, you will find it the best ever!

  6. Princess Arwen
    Posted November 17, 2009 at 3:53 am | Permalink

    I’d have to go with Brad’s answer. Mutual funds

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