Do You Know of Any Cheap Things I Can Buy That Grow in Value? IE Assets ?

Can't really help on this one as I have never had excess money to invest. However, I have collected stamps since I was about 8 years old and I believe some may be worth something now. But then again I have already passed them to my grandchildren who have no interest whatsoever so they will probably end up in the rubbish one day

I use Vanguard, I've been told it works best if you invest consistently over a number of years but you can invest as little as you want every month - definitely something to look into as there's lots that are low risk

pension is best, add extra to it, you automatically get your 20% tax relief on it and can claim the other 20% if your a higher tax payer. Over the years it’s a good investment.

Shares are low at the moment but could become even lower. If you’re a gambler then now is the right time to invest.

No such thing as making a "Quick Buck " . So you are looking at long term .

a) Pension saving should always be No 1 mainly because of the tax relief . Every £80 you put in £100 goes into your pension pot .

b) Workplace share savings schemes (where offered) . Basically you have an option to buy shares in 2 years time at 10% of the current price . 2 years down the line if the shares have gone up you complete the deal if they have gone down you opt to take your savings (+ interest ).

c) Open an ISA ,you can either have a Cash ISA (savings) or a Stocks and Shares ISA (includes Investment trusts and funds ) . You can open one of each every tax year ( But your total investment in the two can only be £20000 per year , The advantage of an ISA is that your assets are forever free of tax .

d) Want a safe gamble ? Try Premium Bonds? Your capital remains safe and can be withdrawn at any time . The interest (currently 2.2% ) goes into the prize fund and you could win nothing or £1 million ! , more likely the occasional £25 .

e) Fixed rate savings account , you can get about 5% on a 3 or 4 year account but you are locked in for that time . OK inflation is around 10% at present but is projected to fall to under 4 % next year .

f) Regular savings schemes at most Banks ,Building Societies . Generally up to 5% interest for saving £250 to £500 a month for a year .

Those are . I think , the main ways to build your assets over time . What will suit you is down to your age , your income and appetite for risk . There is no "one size fits all ".

Buy stuff under-priced perhaps from carboots, facebook marketplace etc and sell on for more and keep using that capital to buy more underpriced goods but don't buy anything that naturally reduces in value with time like computers or games consoles etc unless you plan to shift them quickly. If space is limited keep to smaller items, jewellery, ceramics etc. If you buy a £5 item and sell for £15 and you are doing this fairly regularly perhaps a few times a week your money will increase a lot over a year. Buy cheap goods out of season and keep to sell in season, i.e. buy summer products in winter and resell them in the summer. You may have some expertise related to certain products and that would be a good type of product to concentrate on where your knowledge gives you an advantage. Just to the right there is a 'I make £1000s a month selling car boot bargains' article, that is worth a read.

Spend time seeing what is popular on Amazon like their best seller pages. Think about products people love today that could be rarer in the future and more valuable. Maybe buy joblots of stuff so you can sell them individually at a much higher price.

As ever keep your costs down and ideally be sensible about how much time you can give it. No point driving 40 miles to a car boot with all the time and expense that represents unless it really is worth it.

You could buy assets for long term investment but then you would be sitting on that money for a long time and it would reduce your disposable income today although there could be a big payout at the end.

I can't give advice on assets but if you receive universal credit they have a savings account which gives a good return. Maybe a good place to start and then invest the money later.

Unless you have 30years + foresight it's impossible to say . I remember having a James Bond Aston Martin Corgi toy (with ejector seat ) many moons ago . If only I had kept it in it's box and admired it for decades . But of course I played with it , trashed it and played stock cars with it . If only ..... Mint condition in the original box worth far more than a real Aston Martin now . Think of something no one has thought of , trust your instinct and it may become collectable and worth a fortune one day .

Money farm