Or £10k, or £100k. Don't change up the currency. Is there anything worth buying in Britain these days?
FWIW, quick web search; The top 5 stocks in the FTSE 100 Index by 1-year total return as of January 16, 2025 are: NatWest: +101% Rolls-Royce: +94% DS Smith: +84% IAG (International Consolidated Airlines Group): +83% Barclays: +81%
If you want to INVEST in GBP, I would consider long-term UK Gilts. Prices have been under pressure in recent months amid the outlook for increased UK borrowing, offsetting 'safe haven' demand linked to the economic outlook. Worst case return -assuming no UK default - is mid- to high- 4% (in nominal terms of course), but there's potential for a higher return if economic conditions in the UK improve. But I guess this is probably not what you want to hear on a 'trading' forum...
Social media do that to people. They think we live in a Mad Max world where darker skin people rob us and stub us like there is no tomorrow lol Let them believe... Opium for the masses
A zero can make a huge difference in someone life. Also, the fact that you are in Britain or hold GBP doesn't mean you have to buy local in 2025... Just keeping the pound has been a terrible investment since economically speaking idiotic Brexit. The only decent European stock I have is ASML. But over 90% of my investments are in the American market. Why should I bother with domestic or patriotic investments... All I care about is me