/biz/ - Business & Finance

I'm pretty new to investing, still learning about stocks and shares, etc. But I am interested in opening an index tracker fund. The issue is I don't have that much money, probably the most I could put in initially would be around £2000 ($2850) and I will then be putting in around £200 ($285) a month but probably increasing in future.

All of the index trackers I have seen require at least £100,000 to start with. Are there any which don't have a set sign up amount or have a lower amount? If not, what are some savings schemes that pay compound interest that I could join with this amount? Or should I just keep all my money in ISAs (tax free savings accounts - similar to IRAs in USA). Bear in mind I'm looking for UK accounts.

OK /biz/ here's my idea. Tell me what you think.

>Open car dealership near ghetto
>Sell expensive bling-type cars that all the bruthas love
>No credit check but a high downpayment and high monthly payments
>Typical customer will pay for a couple of months then stop
>Unknown to them, the cars are fitted with gps. We know their whereabouts at all times
>Reposess car
>Clean it up. Rinse and repeat

It would be like selling the same car over and over again!