• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Alternative methods of investing 50,000

Extracts from this document...

Introduction

There are many different ways of investing �50,000. It is a very large amount of money and therefore opens many options. I could put the money into a savings account or current account, as the money would earn interest. The advantage of investing the money into a bank is that nothing more needs to be done. Different banks offer different interest rates on the different accounts. Internet banks usually offer higher interest rates as they have lower overhead costs, as they do not require large premises or many employees. This gives them a competitive advantage. Current Account- HSBC has an interest rate of 4.03% AER where as Lloyds TSB has an interest rate of 3.99% AER. ...read more.

Middle

However with the risk comes the possibility of big profits. �50,000 is a very large sum of money so the returns would also be large. It is therefore important to select the right companies to invest into. Setting up my own business is another way of investing the money. It is a very expensive and risky option but in the long term it could possibly make more profits than the stock market. On the other hand it could loose all the money if it were not successful. Setting up an independent business is a very risky method of investment and should be thought through carefully. When setting up a business there are four factors, which you must consider. ...read more.

Conclusion

This could make a person a lot of money or do exactly the opposite and loose them everything. Each factor of production stands to gain something from the business becoming a success. The owners of the land get their rent. The employees get wages. Investors/ banks get money via interest or a share of the company. The entrepreneurs make profit for the risk they have taken. When setting up a business it is important to concentrate equally on each factor. The combination of these factors is a successful business. The business that I would set up would be Fish & Chip Shop. There is a very big market for fast food. The business would be tapping into the market. The initial premises would be situated in Hounslow. The business would be run by 4-5 employees ?? ?? ?? ?? Ryan Austin Business Studies Course Work ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Accounting & Finance section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Accounting & Finance essays

  1. In this assignment I am opening a tuck shop in the school grounds and ...

    The business documents are in this order: - Purchase order Sales invoice The Delivery Note The Credit Note The Remittance Advice Slip Cheque The Statement of Account The petty Cash Voucher To produce business documents even faster we can make them on a computer.

  2. Exploring business purposes

    Meeting these is the responsibility of the sales staff or sales team. The job of the sales staff fluctuates, depending upon the industry. Shops that sell basic products, such as chocolates or magazines, do not need to do much selling.

  1. Investment Portfolio - Shares and other investments

    53.59 2.33 4.55% 5577.3 -111.3 -1.96% 19-Feb-08 51.26 0.51 1.00% 5688.6 54.6 0.97% 18-Feb-08 50.75 0.9 1.81% 5634 -45.8 -0.81% 15-Feb-08 49.85 1.15 2.36% 5679.8 -68.4 -1.19% 14-Feb-08 48.7 2.04 4.37% 5748.2 132.9 2.37% 13-Feb-08 46.66 0.36 0.78% 5615.3 -54.1 -0.95% 12-Feb-08 46.3 2.38 5.42% 5669.4 66.3 1.18% 11-Feb-08 43.92

  2. Complete Report on Askari Commercial Bank

    Group is managed in the following divisions: i. Assets Products Division Assets product division (APD) is responsible for the development and the managing of retail credit schemes and is presently offering several innovative consumer credit products. In order to cater for the increasing demand for retail credit, APD, during 2005, started 4 more retail asset unit, taking the total no to 14, countrywide.

  1. Financial Services

    Income Mrs. Reynolds Mr. Reynolds �1,800 monthly �33,000 �2,750=monthly Expenditure * Housing �6,000 a year/�500.00 a month * Insurance �60 a year * Power Gas �70 a quarter Electricity �80 a quarter * Council Tax �1,400 a year �116.000 a month * Petrol �35.00 * Insurance of car �400 a year * Repairs �250.00

  2. The Purpose of Keeping Accurate Accounts

    Therefore also interested in the size of the business, profits and financial information. Community - can be interested in the business providing jobs for the community and contributing to community projects. Community also interested whether business activity is affecting the communities environment.

  1. Identifying and describing the main financial service needs for a student starting at university

    Our standard rate is 17.4% APR. 0% sounds fantastic, but normally is only offered for five or six months, and then reverts back to the standard rate. At Nat West, they guarantee that their balance transfer rate stays at 5.9% APR for however long it takes you to pay off the balances you transfer, so long as you pay the minimum monthly amount.

  2. Business Plan for Internet Caf

    1.3 Legal Structure of the business UIC is a sole trade company that is that owner David Chen is the only person who runs or is in charge of the place. 1.4 Keys to success * The design and the products of UIC will be different from all the other cafes and net cafes in the local district.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work