Best Investments Options?

LRoyale with cheese on 29/09/2017 - 01:43
Last edited 29/09/2017 - 08:18

Hi. If you have some savings, whats the best safe way to invest? I don't think i can buy a house in Sydney's inflated market. Thanks

Allow me to rephrase the question. I have done research and do not think I want to commit to long term option of buying 10 properties as investment in this uncertain market. Someone suggested investment bonds but the information on internet is not much personal experience rather banks telling what to do. Business options will require time which I don't have. My purpose for this post was to see if someone has tried other low risk options and suggest some so I can "do your own research" :)
Much appreciated

Financial

Comments

  • [Deactivated] on 29/09/2017 - 06:48
    -3

    Do your own research

  • EightImmortals on 29/09/2017 - 06:59

    LIC's are a good idea IMO, check out Wilson asset management for one, there are others as well but Wilson have a great track record and reputation. There is also Crypto currencies (do your due diligence) or precious metals. Check out the silverstackers website along with hotcopper and topstocks. As tuzii said, DYOR and don't hand control of your money over to anyone else, always invest where you can get it out quickly if necessary. Also, Sydney is not the only market for real estate but it does seem to be softening across the board ATM. Again DYOR.

    • Royale with cheese on 29/09/2017 - 08:07

      Lol thanks. First time asked for advice from fellow ozbargainers and got told do my own research. But thanks for the suggestion. Appreciate it

  • MasterNoob on 29/09/2017 - 07:03

    A finance degree

    • Royale with cheese on 29/09/2017 - 08:05

      True but my current degree pays more fortunately or unfortunately

  • mskeggs on 29/09/2017 - 07:56
    +3

    The only requirement you specified is safety.
    In that case, you need a bank account with a government guarantee. One of the online high yield savings accounts offer the best rate at 3%.

    To rephrase your question in different terms so you see it isn't able to be answered well, consider:
    "Hi. If you have some transport needs, whats the best safe way to travel? I don't think i can buy a Rolls Royce in the luxury car market. Thanks"

    • Royale with cheese on 29/09/2017 - 08:05
      -3

      Lol i do have a mustang if not a rolls royce. Thanks for the advice

  • chumlee on 29/09/2017 - 08:22

    Maybe buyvthe barefoot investor book

    • purplelady on 29/09/2017 - 12:17

      I just read that too, and quite piqued my interests on investment (which I didn't care much before, except trying to save money). His money saving tips are not really new though.

    • jellykingdom on 29/09/2017 - 13:06
      +1

      I think he's a bit of a joke to be honest, most of the tips are just common sense. He's portrayed as some sort of money master…then why no shoes bro? Why no shoes?!

      • chumlee on 29/09/2017 - 17:07

        Yes his tips are common sense but a lot of people don't understand the basics on how to save and build wealth.

        We live in an economy where about 60%-70% of GDP is consumer spending.

  • Some Human on 29/09/2017 - 08:55
    -4

    I've heard BMWs are a high yield safe investment

    • [Deactivated] on 29/09/2017 - 09:54

      Oh that old Doozy

    • Caped Baldy on 29/09/2017 - 10:07
      +1

      If you're going to reference it, reference it correctly. It's an $80k car as a high yield investment. No make details.

      Bonus points if you sell the petrol to your colleagues.

      (I didn't downvote FWIW)

  • [Deactivated] on 29/09/2017 - 09:49
    +1

    …and the best outcome would be if you hear what from someone here… the ultimate answer to one of the most common questions just about everyone asks? Someone actually knows safe and guaranteed way to invest money to get more than non attractive but stable rate offered by the banks, and this someone is just waiting for the question to pop up on a public Internet forum, so he/she can finally share this secret?

    Googling "best investments options" brings "About 225,000,000 results" - about 100% of them will not help. While at it Googling "how to be healthy and happy forever" brings equally useful "About 70,300,000 results".

  • Royale with cheese on 29/09/2017 - 11:56

    Ah well it seems this question will not be answered. Thanks everyone for reading/replying. Good to know i am not alone

    • [Deactivated] on 29/09/2017 - 12:01

      If it was a question possible to answer we would have that many succesful investors: http://www.worldometers.info/world-population/

      …and the world economy as we know it would collapse. Meanwhile for every person getting very high return on investment there is a group of people who lost some (or all) their money, and we live happy and in balance.

    • cloudy on 29/09/2017 - 12:38

      Actually this question has been answered by the greatest investor of all time.

      To simply state what he said, if you are needing to invest, just go for low cost index funds. When he dies, he wants his family to throw his entire fortune into low cost index funds.

      Don't go looking for any complex financial advice, keep it simple.

  • Dean29 on 29/09/2017 - 12:16

    Hotcakes

  • AlienC on 29/09/2017 - 13:00

    Your options are:

    • cryptocurrencies: although the main ships have sailed for the moment
    • invest in tech company shares or stock: go through my comments and find my write up on some reliable strong returns atm lots of easy money stock to invest in now atm.. off the top of my head nvidia, Netflix and Facebook are strong competitors just follow the successes of others and you will find the money
    • invest in someone else: find aspiring talented artists, developers, musicians etc and use your own gut knowledge and literally invest in them help them to master and nurture their talents and grow and hope they are successful and hopefully get major returns. Lots of people with hidden potential and investment opportunities you just have to have a good intuition or bullshit detector and be able to trust your own good gut feeling.
    • 80k high yield cars.. just ask your local Westpac graduate
    • start your own flipping business buy low sell high product inventory investment opportunity

    Will add more if I can think of any.

    • Royale with cheese on 29/09/2017 - 15:48

      Thank you. Helpful suggestions 😊

      • AlienC on 29/09/2017 - 18:42

        No problem all the best and good luck.

  • Dont Care on 30/09/2017 - 11:34
    -1

    By looking at moronic suggestions in a forum you're just asking for trouble. Some munter here recommending fixed interest and another a LIC through Wilson. Get a grip. Worse thing you can do is listen to clueless posters who are no idea. Do your own research or consult a financial advisor.

    • Royale with cheese on 30/09/2017 - 11:47

      Of course i won't go blindly but helps to get some ideas to research

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