how would you invest $1000 for maximum return ? ? ?
How Would You Invest $1000?
onlyletters on 21/04/2016 - 12:38
Comments
- 1
- 2
Can you see the future Firenze?
Depends how long you are willing to invest it for and the risk you want to take. If you are happy to have your money locked away for 5 years you can make 10% p.a., low risk via Ratesetter.
Stockwise, this may be of interest, if you invested in the 10 most popular stores on OzBargain, you would have made a 20% return in 2015. See here.
Dick Smith wasn't a great investment however.
Was Dick & Smith a 'most popular store?'
Lending to strangers is not my idea or anyone with any decent concept of risk, low risk. A 10% return implies high risk, especially with the risk free rate (government bonds) being so low in the current interest rate environment.
BigW gift cards?
how do you invest in Apple, Google and Amazon though (google and amazon were the big performers, without them you are losing)
You need broker who does international stocks. But then you face the risk of currency fluctuations
Commsec allows you to purchase American stocks.
roulette
should have specified low risk lol
Then put it all on red or black.
If you lose, walk away and cry.
If you win, put $500 of your $2000 on one number.
Now stop.
If you lose, walk away with $1500
If you win, run home as fast as you can!
on black.
Blackjack and hookers.
- Coke…you've gotta diversify!
Im partying with you!
Buy $1000 worth of BigW e-giftcards at 7.5% off, then use that e-giftcard to buy $1000 of stuff from BigW….then…fast forward, get banned and complain.
nonono… You can't go wrong with bacarrat :)
Golden state warriors for the NBA championship, paying 1.75
Dad gave me $10,000 to invest when I started uni, I invested the money into the commonwealth bank and Telstra.
I made a pretty good return when I sold the shares recently. :D
Better than the market?
$10,000? All my dad did was pat me on the back and said good luck.
I was never sent to uni. No pat on the back either.
Magic beans
That is something I didn't ever think of.
Leicester City on winning the English Premier League (back when the EPL season just started last year) :D
It was 1:5000 or 1:6000 then!
from the article that i read, it was 1:5000, great investment (gamble) :p
I'd order 6 or maybe 7 Samsung Top Load Washing Machines @ $148ea ($888) from JB Hi-Fi. (separate orders). lol
(and then wait).thanks, my house is on fire.
Where is the $148 washing machine at JB?
Tiny Classified Ads.
The income generates itself, it's complex.
65wat.jpg
$1000 is a little light to buy shares… considering it costs at least $20 to buy them, and another $20 to sell them, you need to make at least $40 to break even (or 4%). on average you make about 4-7% return in dividends, and might see 5% growth. so within a year you might make $60-$100… but you might have to fork out $40 for the privilege. NB - that $40 will be for every parcel of shares, and most brokers will require you to have $500 minimum per parcel.
have a look at acorns: https://acornsau.com.au/. I've just invested $1000 with them to see how they go.
Otherwise, check out some honeymoon period bank accounts with high interest for x months, or look for a term deposit.
this is general advice and does not take into consideration your personal circumstances or needs
thanks
I did a test investment in Acorns, $101.76, two months ago. Just to see how it goes.
So far, total gain is $1.04 or 1.02%.
I've just thrown $1000 into Acorns as a seed, and set up the automatic round-ups.
Thanks for alerting me that the app is available in Australia. I must have missed the memo in February but I'd been tracking this app since it was released in the states a few years back and super jealous it wasn't out here.
1st step, pay down debts. 2nd step stick it in a savings account you can add to easily. $1k isn't a huge amount to get a big return.
Other option: new toys!
All on black
the other guy said red, make up your mind
green (00) if you cant make up your mind
Margin Lending Bitcoin on Poloniex.
Day trading bruv.
Eneloop futures
aluminium batteries are the future apparently.
In my opinion, investing unneeded $1000 or $1M, stock market is ok. Bluechip with research is a good starting point.
When you need the money later (20 years?), you can easily cash in your chips on the day. This is how some friends have plodded through life.If you buy any of the 4 major banks at mo, say <5000, in 10 years you may have compounded 10% p/a.
If not that good of a return, your still supporting the island's strength.
Matching doggy-master perfume! What else?
THE STORY
Only once every two years can enough petals of the rare Osmanthus flower be picked and distilled to create Michel's signature Fragrance "Les Poochs V.I.P". This ever evolving modern "living" fragrance energizes then soothes the olfactory senses for those lucky enough to smell it. This liquid gold is packaged in hand crafted crystal bottles each numbered and signed. Due to the high demand and limited quantity Les Poochs V.I.P is offered by invitation only.FRAGRANCE DESCRIPTION
This beautiful and diffusive fragrance, with its top notes of Mandarin Blossom and Pink Grapefruit, is the ultimate expression of the Perfumer's art. It is light, fresh, elegant and dries down to the perfect accords of Sandalwood, Vetiver and Orris which, when combined with the rare Essence of the Osmanthus flower, creates a soft, warm and unique harmony. This is a truly distinctive fragrance made to be shared by a lucky Pooch and his master.Edit: It's $4000 :( Do you have a credit card? :P
Smell like a pooch lol.
Ahhh, wet dog smell… :)
Invest in silver for long term. Like anything its a fluctuating market. But if you want say a 20 yeaR investment With guaranteed returns for a low cost. I have little silver and paid for mine at $25oz. Atm its around $16. So $1000 will give you 90oz. But silver is a long term thing. If you want quick investment go with a accruding account through amp or ing
Pay off credit cards first
what credit cards
the one that you didn't tell us that you did or didn't have.
didn't specify because i dont have one.. i have a debt card, guess that doesn't qualify.
First you have to let us know ,how much risk are you willing to take ?
preferably 0 risk lol
That doesn't exist. Every investment has a risk. Especially true of market linked investments.
For 0 risk you'd go with a big bank's savings account which would get you a paltry 0.5% interest or the like.
For almost 0 risk you could go with a smaller place like ING Direct's Savings Maximiser or ME Bank's Online Savings Account. With both there are caveats to get "bonus" interest which you should do if you go with one of these options.
With interest rates at 0.25% and sharemarkets going back and forth just SPEND IT !
At someday it may go back to its last price before the market start dropping. So if he dont need the money for the next 3 years it can be a good investment and may be the worst investment :)
Invest it in a new flat-screen. Guaranteed to increase your happiness interest
already got one
2?
Do a through research and bet on a sports game.
You can always hedge your losses if that happens.
This is fastest way to make a big return.
Gambling? Seriously?
Sports betting isn't gambling if you have done your research and have a neutral position.
Do you consider the stock market gambling?
I have neg your post as well.
sports betting is gambling lol
You own something with shares.
You don't own anything when betting.
betting isn't gambling
That makes sense!
@fruit: And you don't own anything with a shares either. All you're doing is speculating on the price.
Whilst share investment for long term is better, it doesn't necessarily mean its safer than betting on sports.
I agree on sport betting can make money. only but for people know what they are doing.
put sport arbitrage in place as well will make genuine healthy income week after week. guarantee better than stock market
@leehungfei: Yep! Problem is that many sports place ban you after you keep winning time after time.
Many of the people who know how to sports bet have a strong mathematics background and the betting places ban these people when they can.
@GameChanger: Yeh, thats me.
have been doing this for some time now. still a headache dealing with all bookies everyday
@GameChanger:
Gamechanger you need to learn what a share is. It's literally a share in a company, so you own part of a company.I'm not against gambling, I do it myself, but the risk levels exponentially higher than shares.
@Devils Advocate: I know what shares are, I'm well versed in financial markets.
Whilst you do 'own' a part of the company, my personal definition of ownership differs. Furthermore unless you have position on the board through shares, your shares can't do squat decision making wise.
I dare say people lose more money in shares long term, as they put big amounts of money because they perceive it as less risky. Gambling requires instant action and if you have the knowledge and strategy you will be better off with a $1,000 investment.
@GameChanger:
Haha sorry I was referring to the traditional definition of ownership rather than Gamechanger's definition.Ability to make decisions for the company is completely irrelevant to the money making ability.
That last point is ridiculous. The fact of the matter is in the long run (on a whole) shares will return 7-10%pa, while gambling loses 9-20% per bet (bookies margin). I'm aware of arbitrage betting, but that doesn't last long before bookies catch on and ban you. Which defeats the purpose because you need to have an account with lots of agencies for it to work.
@Devils Advocate: Ownership is also irrelevant to money making.
That's avaerge which means nothing as the gambling I'm talking about is done by people who pretty much have high mathematics background, who also run the share market these days.
@Devils Advocate: people have so long for decades perceive stockmarket as a wealth generation and interestingly they still do when seeing stockmarket meltdown and crash. Stockmarket my term is far more complicated to understand compare to knowledge sport betting.
Have been in stockmarket before my experience was not great for returns. Easy to say stockmarket also a gamble of where you put your money. Then doing sports betting over the years now results are far better than what i have put into stockmarket. These days the level playing field bookies available and competition makes you have better say how to bet.
To make money from sports betting or arbitrage you need to have a lot of bookies accounts anyway and bet carefully everytime. use betfair or matchbook for hedging or arbitrage. So all these in place, for people know what they are doing, it is just all familiar to stockmarket trading but you don't have to know anything about CEO or whats the company going on but just focus on the arbitrage or the sport you knowledge to bet on.
I had this email from a Nigerian prince one, he said if I gave him $1000 to unlock his swiss bank account, he would reward me with 420 billion dollars? Seems like a good return.
Zimbabwean dollars
Not a good return.
Quite possibly Nigeria is the most wealthiest country in the world with the poorest population: ie. every second person is a prince, and none have access to their bank accounts.
Invest in an index fund. By definition, you cannot lose over the long term (7-10 years). Index funds mirror the growth of the stock exchange which is always an upwards trend. Yes there are peaks and troughs, but the trend is always up. So you cannot lose investing into an index fund for 7-10 years.
Tell that to people who bought the asx or nikkei index fund 10 years ago. They still haven't made anything.
ASX has after dividends. Check out the All Ords Accumulation index for a better picture of real return.
I think what you say is correct however you have the time scales wrong: if you bought Vanguard 500 7 - 10 years ago you may be more or less spinning your wheels (ie going nowhere) although I could be incorrect.
Historically about once every 25 years there is a period where everyone forgets the rules and a boom/bust happens but you can't really predict it unless you're talking a longer period like 25 years.
Also it is critical that the index fund is owned by it's investors so there is zero incentive to levy fees on the funds investors.
Give it to me. I will give back twice as much in no time!…
Forex, i do around %2.5-5 per week on my 5k account. However it does take a long time to learn.
teach me
How did you learn? Any training courses you recommend?
Nigerian high returns scheme
Split $1000 of everyday expenses between 2 credit cards:
Commonwealth Bank Low Rate Credit Card
($250 Cashback, $500 Spend, $59 Annual Fee)ANZ Platinum Credit Card
($200 Cashback, $500 Spend, $0 Annual Fee)
for a profit of $391 (ie. 39.1% return).
and the bad credit rating?
You only get a bad credit rating if you rack up debt and miss payments.
Having more credit available to you that you pay off properly actually gives you a better credit rating.
I've heard other guys from ozbargain taking out these deals for the points and closing the account immediately are getting bad credit rating
@eXtremist: I wouldn't be closing it immediately. But definitely try and negotiate for a no fee version and if you can't get it then drop the card.
I don't care for the sign up bonus stuff though.
@eXtremist: Yes, you are absolutely correct…if you are seen to be making multiple concurrent or rapid-fire successive applications for credit, that does indeed look bad to prospective lenders.
Sure, a lot of OzBargainers do this for CC schemes…but then a lot of OzBargainers also complain that it's difficult to get a home loan. How much is causation/coincidence/correlation on a case-by-case basis, who knows for sure…but why risk it for a few bonus points, short term rate reduction or couple of bucks cashback!
That said either negotiate no fees or cancel the cards before the annual payment comes up. Those fees are ridiculous.
- 1
- 2
in that lending site may be? I think that would be pretty small for the stocks