I have a spare £500 I do not mind losing too much. But, I do not just want to throw it away.
I have found high risk investments like this one from JP Morgan Chase, and over the past few years all has gone well (look at that high level of interest). I know it should not be an indicator of the future.
I like the investment as it's a one off £500, when Android applications such as Nutmeg expect an initial investment of £500 and further investments of £100 per month!
The minimum investment is £500 for each fund you create, which allows us to create a diversified mixture of investments. For portfolios below £5,000, we also ask for minimum monthly contributions of £100, and the Nutmeg pension has a minimum investment of £5,000.
I have some economics knowledge (A-Level Economics) so I have come up with a theory.
If the UK stays in European Union the uncertainty will end causing markets to improve.
If the UK leaves European Union, as 2/3rd of the FTSE100 said it would be beneficial to leave I believe that will also improve markets.
So aside from other factors I think the investment is due to work out.
Admittedly I am new to everything. I am looking for advice, as I most likely have missed something or made a mistake above. Please post nicely.
Any links where I could further research into this would be highly welcomed.