What do you want it to do for you? Help fund a car (just put it into a savings account)? Help purchase a home (put it into fixed income, bonds or CDs)? Or keep you comfortable when you retire (put it into a good mutual fund)?
Generally speaking, mutual funds are a good balance for novice investors if you don't need the funds for a few years. I've had good results (>10% compounded annually) with funds that have a good track record and fund manager over 10 years. Best performers for me are HFCSX and BGRFX.
A little more modern, and I'm not sure what the offerings are in Euros, are peer lending sites like Lending Club.
Comments
What do you want it to do for you? Help fund a car (just put it into a savings account)? Help purchase a home (put it into fixed income, bonds or CDs)? Or keep you comfortable when you retire (put it into a good mutual fund)?
Generally speaking, mutual funds are a good balance for novice investors if you don't need the funds for a few years. I've had good results (>10% compounded annually) with funds that have a good track record and fund manager over 10 years. Best performers for me are HFCSX and BGRFX.
A little more modern, and I'm not sure what the offerings are in Euros, are peer lending sites like Lending Club.
Thank you for the advice. Basically this is what I was looking for: possible usage directions with different risks and rewards.