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Tiny investment

  • 01-03-2012 11:46am
    #1
    1stimpressions
    Registered Users, Registered Users 2 Posts: 252 ✭✭


    Hi, I hope I can get an answer here and the question isn't too far below the remit of investment.

    I just want to buy something as an investment for my niece. I remember in recent years hearing that it became very hard to set up accounts for children as a surprise (rightfully so) but I would like to give something to my brother and his wife rather than cold hard money. I don't want to buy prize bonds as I think the return seems to be 2% if the thread here is right on the subject and surely any utilities or oil shares etc would beat that in the long term. So can I buy something 100-200 euros worth for a long term investment?

    Would the fees be very prohibitive for doing this?


Comments

  • #2
    Bluefox21
    Registered Users, Registered Users 2 Posts: 321 ✭✭Bluefox21


    Most places I know charge €50 but that would be it. If you were looking at speculative oil shares you can still get quite a lot for a relatively small amount but €50 is a substantial part of your investment!

    They are also very high risk so by the time the child is old enough to understand they could have gone bust! I think prize bonds are your best options tbh


  • #3
    turbobaby
    Closed Accounts Posts: 927 ✭✭✭turbobaby


    Three to six 1oz silver coins (100 to 200 euro).

    Tangiable, will keep their value, very attractive looking, and they are recognised worldwide.

    I wish someone bought me silver when I was younger rather than sh1tty Irish punts!


  • #4
    Paarthurnax
    Registered Users, Registered Users 2 Posts: 331 ✭✭Paarthurnax


    turbobaby wrote: »
    Three to six 1oz silver coins (100 to 200 euro).

    Tangiable, will keep their value, very attractive looking, and they are recognised worldwide.

    I wish someone bought me silver when I was younger rather than sh1tty Irish punts!
    Which would be the best to buy Silver coins or Silver Bullion Bars as a long term method of security rather than investment?


  • #5
    OfflerCrocGod
    Registered Users, Registered Users 2 Posts: 6,334 ✭✭✭OfflerCrocGod


    turbobaby wrote: »
    Three to six 1oz silver coins (100 to 200 euro).

    Tangiable, will keep their value, very attractive looking, and they are recognised worldwide.

    I wish someone bought me silver when I was younger rather than sh1tty Irish punts!
    In real terms Silver has tripled in value in 40 years.

    goldcore_bloomberg_chart3_04-05-11.png

    That chart only show the start of the pop in the silver bubble last year.

    2hn5lsm.jpg

    Personally I would have preferred shares in the hamburger flippers favourite restaurant! Of course the returns on McDonalds don't include dividends which would have added another large chunk of returns.

    Also the McDonalds chart starts 7 years after the silver one.


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