How would you INVEST 120K in cash with 0 debt?
Would you buy property? Invest in the stock market?
Buy a business/franchise? If so, what business would you get into?
What are the best/smartest investments now?
How would you make your money, work for you?
Would love to hear some genuine feedback on this..
chuck it all into etherium
Invest in IPOs, there might be some flops but generally speaking, buy into IPO and dump in 1 week should make a good return
One of the world's largest asset management companies is pulling out of Hong Kong and making Shanghai its main office for business in Asia.
Answer is obvious, China, ETF.
One of the world's largest asset management companies is pulling out of Hong Kong and making Shanghai its main office for business in Asia.
That is like saying the casino relocates. Buy the casino, house always wins.
If Vanguard is Hong Kong stock exchange market, then your statement is true.
You don't get it. Moving offices don't mean anything. You don't have to relocate to buy US / UK shares. You just need to find a broker that offers the service.
That is like because people are working from home sell offices buy houses.
buy VDHG then have a beer
If buying one ETF this is the one.
Agreed. No need to rebalance, well diversified and low management fee just set and forget. Enjoy your quarterly dividends happy days
I'd put it all on black!
Precious metals is generally a good way to store monetary value. The value of money is arbitrary, and relies solely on world powers deciding that the USD is worth anything.
Precious metals can appreciate in value, and they're always going to be in demand, meaning your wealth is physically stored.
Worth reading into IMO.
I'm not affliliated and website doesn't sell anything, just provides information. Google "Passive Investing Australia" and read every article on that website. Written for absolute beginners. Far better understanding investing by educating yourself than being thrown a bunch of stock codes from a bunch of strangers in a public forum who haven't even asked you the basic questions such as age, risk apetite and time frame.
Buy 12 bottle of hibiki 30 years old final edition.
hmm - username BL1TZKRE1G - looks sufficiently computer geeky - asks provocative question designed to garner many responses, yet then makes no further appearances in the comments
I'm wondering if this might be a data scraping exercise - could they somehow grab username/commenter details from this website/thread for commercial or other nefarious purposes ?
I'd buy a one bedroom (between 20m2 and 25m2) apartment in Osaka or Tokyo in Japan. The economic collapse in the 90s means people in the country are too scared to buy and would rather rent as its less risk in their minds. This means brand new properties actually depreciate and then plateau and its incredible value if you buy at the plateau of the depreciation curve. A population reliant on rental properties means you'll never be without a tenant, and because the property is cheap to buy, the yield is quite high at 7%-10% depending on location and building age. The property will never get capital gains - in fact if you buy a 120k apartment now it'll be worth the same in ten years time, but the yield is what makes it so enticing, a passive income that has more consistent returns and less volatility than any active managed portfolio.
if you buy a 120k apartment now it'll be worth the same in ten years time
It doesn't make any sense buying an asset to get a 7% pa before depreciation, taxes and inflation.
7%-10% is after local tax and maintenance fees, it would be relatively easy to hide the monthly income from the ATO, doubt they'd be concerned over 1200-1600 a month. Rent in Japan has been steadily increasing with inflation so I see no problem there. Again at that 120k price they plateau, they don't further depreciate, so the only real thing to worry about is the inflation which is less than 1% in Japan currently. Losing basically 1% in depreciation (since the value of the property doesn't climb) with a 7%-10% yield sounds perfectly fine to me.
it would be relatively easy to hide the monthly income from the ATO
LOL.
A residence card is required to open a bank account. OP would have to go there and provide documentation that they intend to stay there for longer than 90 days. Another option is for OP to hire someone to collect the rent in cash which is another level of risk.
inflation which is less than 1% in Japan currently.
I assume OP lives in Australia. OP would be affected by the inflation here which has been ~3.1% per year.
@whooah1979: You wouldn't need a bank account there. Property management company would take care of it including collection of rent and sending the money through a Swift transfer.
The inflation rate here wouldn't be nearly as relevant in an overseas asset, as the rental yield is relative to the value of the Yen, changes in the yearly average wage and the changes in the economy in Japan, not the AUD and our own economy - not to mention the Yen has been consistently strong against the AUD for quite awhile now and with a looming recession it wouldn't surprise me if the exchange rate worsened on our side thereby negating. This is why people have foreign investments, to offset what is going on in their native economy.
I'll give you an example, suppose in a random circumstance Japan experiences a high inflation rate of 16%. The inflation rate in Australia would have no bearing on the value of the highly inflated yen - you wouldn't have lost the 3% a year on the capital, you would've lost 16% a year. Exchange rates are calculated on a multitude of factors including the difference in inflation rate. Its built into the exchange rate therefore OP would be affected by the Japanese inflation rate, not the Australian one.
Weeb?
ETFs
VAS, ASIA, IVV, RBTZ, HACK.
r/ASX_Bets
P&O Cruises or a wet market
Another thing to consider, is that Coalition politicians are routinely sold for less than 120k. Perhaps there is a corporation that you could help broker a deal by greasing the palms of legislators, you could triple your investment easily.
Property in regional Australia that hasn't taken off yet. Would need to have good access to a hospital, good local produce, preferably nearish the water, good climate and transport access. Like Bangalow before it was overrun with development. I think there'll be a small exodus to regional Australia once the lockdowns are over now that many have realised they don't need to physically be in an office a lot of the time, and they're going to go in search of wide open spaces. Particularly in Victoria (although the climate down here means you'd have to choose very wisely). Buy acreage, subdivide etc.
$120K is enough to get you a $600k property on 20% deposit. In most regional areas with population of more than 30k people a house on an average quarter acre block will be $400k - $500k. Getting acreage is unlikely.
Pandemic will set back cities five year if not 10 years but people will come back. Human history has always been about empires around cities whether it is London, Paris, Rome, New York, Beijing, Shanghai, Tokyo etc. It is just simply the coming together of ideas.
Buy a cheap small investment property I.e. old 150k Unit with a 20% deposit in a high rental yield area with a offset account attached to it from a low fee lender i.e. loans.com.au and live in it for 12 months than rent it out.
keep 6 months costs in your offset account as emergency money, with the remaining money buy an exchange traded mutual fund called VDHG or A200.
With the offset account get a zero fee credit card for your everyday expensiveness, levy, council rates ect ect and have this automatically payed off before interest is accrued.
You now have a diversified tax effective investment strategy that uses long term and short term leverage, negative gearing, franking credits and gives you a emergency fund.
coke/models and bottles my friend. Life too short to not enjoy it.
Depends if you need to make a living off it.
I'd just play safe and put it in some Vanguard Index fund. It's boring, and you'll need it in there a long time, but it'll return even after covid-like sh%tstorms (eventually, right) and pay dividends along the way.
42% in vanguard index funds.
42% on a rental unit in regional Australia.
10% kept for an emergency in an ING high-interest account.
5% in gold bullion.
1% in a TAB account.
That's a pretty precise split, any elaborations please? And which index funds and which part of regional Australia?
I am in the same dilemme, I have to choose between low bank interest (about 100 month) or tale a chance on mortgage trusts which up until now have never defaulted, to get about 300 month return. If I choose the bank it wont be enough and I would likely have to dip into the capital, the mortgage trusts will be enough but the capital is at a slight risk, however I would spit it between funds to reduce that. This is for a smaller amount than OP
A “slight risk” in normal times is not slight when you’re in a once-in-a-century global pandemic. The world is changing, particularly for a major trading and migration nation like Australia. We will continue to have opportunities and risks, but they will be different to the past.
you’re in a once-in-a-century global pandemic.
We're only 20 years into the 21st century. Covid may be the only pandemic in this century, but it's unlikely to be the only major event in the next 80 years.
Crises comes in waves which means we can look forward to a few wars, recessions or depressions.
Recession started in the early 1900's if I recall.
One of them I like, and is unlikely to go down, but the difference with a bank it is not guaranteed. They do have 69 million in cash too. There is a second one I trust more than the others too, and a third that has been delivering since 2007
If you're still young, yolo it on bitcoins. Don't let governments devalue your money
If we all had $120 we would let you know.
Most of us have $120. Just don't have the "k"
We'll your not using your head know are you, between us it's $240.
And much better approach on what goes where.
Aussie Broadband is about to go public on ASX and is doing a pre-buy period for people who contract with them. With the news of the new $3.2b NBN roll out package today this seems like the perfect time to invest in the proudly Australian-operated IPO.
"Buy the Rumour, Sell the News".
It's the perfect time to buy the IPO, hype it, pump it, short it, dump it and pick it up when it's on the floor.
idk man I'm just a wagie
Don't waste your time on telco stocks. They may have one ATH and that's it. TLS is on the floor and has been for most of its life.
I have about 100K invested in stock between 15 or 20 stocks. I probably would have been better off doing it in 5-10 but I'm too risk adverse. I have 5k in most stocks. I'm up about 9% been up 15% at one point.
I have a mix of ASX and US stock markets.
I was so tempted by the mortgage funds and most of them are probably okay bur have decided to stick with low bank interest
I'm worried about mortgage defaults also.
I think it really depends on how soon do you want to access your money?
good topic,
i'm planning to invest in trump lol with my personal savings of 5k…
biden didn't do well on the debate.
Good topic.
First question to ask yourself, how much are you willing to loose, then assess the different investment streams based on your own level comfort.