What Should I Invest $50k into?

Hi everyone,

I got 50K and I want to use this money for investment but I don't know where to start and what should I do?
I were thinking about property investment. However, I think it is not a good time because the house market is too risky at the moment.
However, I don't want my money seat in the bank. I want to see my money grows.

Could anyone please give me some advices? And please tell me where I can learn more about investment?

Thank you very much in advance.

Comments

  • +2

    All on red

    • -1

      no, give it to me. i'll put it all on black. promise ;)

  • +17

    Something just came across my desk, tonytrinh206, it is perhaps the best thing I've seen in the last 6 months. If you have 60 seconds, I'd like to share the idea with you, you got a minute? The Name of the company…Aerotyne International, it is a cutting-edge-high-tech-firm out of the midwest awaiting imminent patent approval on a next generation of radar detectors that have both huge military and civillian applications.

    Now, right now, tonytrinh206, the stock trades over the counter at 10 cents a share. And by the way, John, our analysts indicate it could go a heck of a lot higher than that. Your profit, on a mere $50,000 investment, would be upwards of $500,000 dollars.

    • needs more lemons.

    • +2

      I only figured it out after googling "Aerotyne"

    • Where do I sign up!??!?!!!!!

    • But could you sell me this pen?

    • Damn i love that movie

  • +6

    I don't want my money seat in the bank. I want to see my money grows.

    I wish i had a money seat in the bank, you know to kick back in as i watch my money grows

    • +2

      His engrish isn't the best… but I think he wants to be his bank's Chairman.

      When you are the chairperson of a major Aussie bank, you literally do get a nice seat and your money does indeed growz. ☺

      • maybe he means he just needss foldable deck chair, a stool or even a bean bag at the bank, not an expensive chair, to watch his money grows?

  • -1

    Put down a deposit on a $200,000 car, don't worry about insuring it.

    • This.

  • +1

    There is this nigerian prince who has been finding it it hard to his money out of the country.

    You stand to make a windfall of no less than 1 million if you can help him out.

    All that is needed is transaction deposit of $50,000.

    If you are keen pm me. I send you his details.

  • -1

    hui.

  • -1

    I've got some magic beans to sell.

  • +1

    If you want try the stock market, play this game first. You start with 50k.

    If it was my money invested, I'd be up $1500 in 3 business days!

    Obviously, this is gambling.

  • As a deposit for a positively geared rental property.

    • +1

      Because everyone is selling properties that are making money right?

      • Do positively geared properties really exist.

        Wouldn't you have to have huge equity in a property to make it positively geared?

        My advice is to talk to a financial advisor. See if you can get one free via a local community centre or similar organisation. Make sure the advisor is transparent about any commissions they are taking from the investments.

        • +1

          Yes, unless you decide to lease out rooms individually to students etc. Not arguing about the legalities or the effort of it, however the return would be greater and can possibly be achieved even with less equity.

          Commercial properties can return 10% yield or above, most LVR is restricted to 65% so you will need 35% equity, however with that being said, almost all investment properties now need 20% LVR, so you're really only putting in 15% more for double/triple the yield. Also commercial properties can be had for pretty reasonably prices, warehouses can start from $300K +, although you would want a generous purpose type of property for long term leasing potential.

      • +1

        They exist. I didn't have to look very hard. Then again I am not in Sydney.

        • correct, they do exist. just depends on how much you had to borrow.

  • +2

    Tony, if you are serious about learning, find a coffee shop that let's you read the Financial Review paper free whilst getting a coffee. After you have read it end to end for say 6 months you will have a better idea for where the world economy and politics etc - all the things that affects investments, are heading. Also, read other papers too such as the SMH. Learning, is not an after thought, it is the first thought. Don't forget the old saying, "a fool and his/her money is soon parted".

  • +7

    Rice.

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