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Zopa - A Good Way to Make Money?
Hi All
I have a little money to invest (£750 for my 4 year old) Is Zopa a good way to go and If so can anyone give me some pointers please or alternative ways of making more out of my son's money?
Thanks in advance xx.
2 Answers
- 1 decade agoFavorite Answer
Shares?
Prices low, and provided you pick a solid company, no brainer (Eg Car Groups Pendragon, Inchcape or Lookers have all come through worst of credit crunch and results in past month or two have shown they have turned corner. In 12 months if even back to 50% of where they were at, still great return on where they are at now). Plenty of other big companies that although safe, hit by credit crunch - old saying " a rising tide lifts all ships" - tide certainly seems to be rising now.
- Anonymous1 decade ago
I wouldn't do Zopa. Too risky for the sort of investment you're talking about. I'd go for an ISA. Set and forget.
