Investment Ideas

Hi all,
Currently have a saving of $115000. How should I invest?

Thanks for all the suggestions.

Comments

  • Proven but boring: stock market index fund where you own the fund as shares with other members (eliminating any incentive to levy fees against you). You will recieve a return approximately the same as the stock market.

    • +1

      I expect FGX on the ASX to outperform over time.
      It's a company that invests in funds (about 15 at last count).
      Management fees go to charity which is pretty cool (however in my view this is an incidental benefit - its stacks as an investment anyway).

      • And there's FGG for global diversification.

  • +1

    Black.

    • +1

      Always black. Except when it's red.

      • +1

        Or green.

        • mmm no, you'd need to see a doctor for that one.

        • +3

          @toristo:

          You've never played roulette then i take it?

  • Coins and antiques

  • +1

    Age?
    Disposable income?
    Current investments?
    What is your investment time horizon?

    Your question hasn't been thought out enough and your money is probably best suited to an ing/me bank account.

    • Sorry, age 28, annual income $80000, single and no investment.

      • Yes but what is your disposable income? If you get an investment property will you be able to supplement the rental to pay down the mortgage quickly?

        Probably diversify as you have fair amount.

  • Taxi plate

    • Could but two and then curse uber with arms in air and then threaten suicide

  • Wait and see if the forecast apartment price crash happens then take advantage of it.

Login or Join to leave a comment