HI guys,
Just as the topic, where would you invest with 100k n 2022? Sorry I hope this topic doesn't get repeated too often.
Cheers
What Would You Invest if You Have 100k in Cash in 2022?
Yaren24 on 31/01/2022 - 13:30
Last edited 31/01/2022 - 13:41 by 1 other user
Last edited 31/01/2022 - 13:41 by 1 other user
Comments
lol whyzat?
He's a shareholder
GME tactics :o
Palladium.
Why is that mate?
Ore deposits are rare. It is used in catalytic converter production, electronics, jewellery, and is an important part of fuel cells.
"catalytic converter" "fuel cells"
LOL. Really reading the room.@Boogerman: May want to go back to school. Catalytic converters and fuel cells have industrial applications. Finished gender studies yet?
Commodity metals are just that, commodities.
I would definitely not invest 100k, even if the fundamentals 'look' good.
For a lot of these low volume rare metals, they are mined as a by-product of other mining. That means supply can continue even when the metal sells for less than mining cost, and prices can be very volatile as they are not subject to normal forces of supply and demand.
Silver is the typical example, fundamentals say it should be worth $100/ounce, but it's basically given away. (Mining cost is $10-$20 /ounce depending on mine)
For Commodity metals, I would go with copper, lithium, cobalt. Simply because of the booming of EV
Do you have a mortgage? Kids? Wife? What's your current/desired standard of living?
Way too many variables to make any intelligent comments.
Single, no nothing, unemployed!
Making money is so unpopular on OZB.
+1
@Nereosis: Probably the same ones that have dropped up to 10-30% of their value over the last month.
@Nereosis: They're crypto which is tied 1:1 with the dollar. The main one is tether. They claimed that they had reserves to cover every crypto coin they had issued, but investigations have failed to turn up the majority of the money or assets they claim to have.
picked one that's backed by real dollars/bonds
Like Tether with their missing billions?
I can't argue that historically crypto has been a fantastic investment. I can't say with certainty that it won't continue to be in the short to medium term. I have severe doubts that current coins will continue to be good investments long term.
@macrocephalic: It's a mistake suggesting crypto in these kinds of threads. Instant neg city, been there done that. Crypto isn't ready for prime time (the masses) yet, it's still the wild wild west, rekt city for most. Not for the faint hearted, all the gains come at the price of high volatility.
To the OP, take notes of the responses to your question by all means, but remember this is OzBargain and you should assume nobody knows anything, including myself. Please take your notes and then do lengthy research. If you are unemployed and single as you say, this my friend is your "superpower", you have something most of us don't, "time" use it wisely.
Invest a few hours each day learning, make sure it's a way you enjoy learning or you won't get anywhere. You say you're unemployed? WRONG, you just hired yourself, you're now a self-employed "Entrepreneur". With that title comes responsibility, build yourself a routine, it's a job and what you put in you get out. It can be a very well paying job if you make it so. You'll learn how to always make your money work for you in whichever paths you choose, making money isn't all that hard, being dedicated to learn and take action however, is. The only limit to that $100k potential is what you believe it is.
Alternatively, if none of what I said resonates with you and you couldn't think of anything worse than being an entrepreneur, you could always approach a financial advisor :)
Mind sharing large cen tralised exchanges? I heard news few months back of one of OZ exchange was closed.
@EnALup: For Aus exchanges Swyftx gets 99% of my business. Though I have accounts with Coinspot, Independent Reserve, Digital Surge and another one I've never touched. Swyftx has immerged as the leader in my opinion. Yes I remember the news on that Aus exchange shut down, I had to look it up as it's one I'd never heard of up until then.
OP you need to state at minimum your risk tolerance/horizon - i.e you can tolerate a 50% reduction of your capital but expect > 50% of return in 6 months or you want 100% safe with < 5% return…… then people can give you ideas in between…
if OP is 'Single, no nothing, unemployed!'
then I'm guessing they've come into an inheritance with no experience in investing
for those recommending bitcoin - higher returns come with higher risk - and 'The gambling known as business looks with austere disfavor upon the business known as gambling' - Ambrose Bierce
(that's not a recommendation for gambling - long term, the house always wins, not the gambler)
here's what we did last year - bought IVV (a US S&P500 based Australian-tax based ETF so you don't have to fill out W-8BEN forms to avoid the highest marginal US tax on US-based investments)
support - a world's richest guy Warren Buffett recommended most investors simply bought S&P500 and left it there - what is S&P500 - an index of top 500 US companies so pretty good territory.
you could google 'ASX IVV' or here's a link - https://tinyurl.com/2hnpjbna - if you click on the line above the graph, e.g. Max, 5Y, 1Y, etc. - you can see the performance in the top left for that selection
e.g. I calculated it has grown an average of 12%pa since 2008, 16%pa for the last 5 years, 31% last year - and this is after the correction (a drop of 10%) in the US with inflation fears from 4 January. Now bouncing back since 27 January.
if you're inexperienced with liquid assets you might be tempted to spend it quickly - that would be your loss
if you want to save on purchase broker costs, maybe SelfWealth has cheaper fees - others could advise.
Nah, Drug Dealer
Stake is cheap at $3 brokerage and are chess sponsored. Nothing fancy but gets the job done for a simple IVV grab and go.
Food truck then. Sell dutch mini pancakes at local markets/events and on the street.
I am might as well just throw it out there. Don't leave it off the table… Crypto.
IF you want to have $50k in a week's time.
BUT apparently you can get a loan against it at 1% APR. So literally you can turn $100k into $25k (assuming 50% LTV).
ETH @ $3000 would have been an OK move if op could be patient about it.
boycott ethereumm
invest paddlepop
paddlepop is fleeting
ETH is forever (because it will never get back to over $6688) * ugly crying and portfolio in RED *@kaleidoscope: Well not never but it’s going to be long. my bags are HEAVY at a BAD price. Lucky to get out in the black this side of 2025 imo. I will be the poster boy for DCA and never yolo all in at once.
Thank god we’re seeing multiple attempts to break out to 4000 last 48 hours. My hair turning grey.
@Jimothy Wongingtons: rektrading will tell you how to get a 1% APR loan on it to put food on the table.
'might as well just throw it out there'
reminds me of the farmer's saying - 'how to end up with a million dollars from farming ? - start with ten million …'
For me that is to say I'm not advocating you invest it but might as well cover this off.
why 50k how?
Bitcoin ATH was US$64k. Now trading around $37k. Even worse for some of the other alt coins.
ATH was US$69k.
Alternatively for lazy safe gains, convert to usdc or usdt and stake it at a defi exchange. I've got usdc-usdc.e LP staked at trader Joe's for 15-20% per year for my bulk while I leave a bit for trade and investments.
Problem is USDC or USDT isn't actually backed up by the hard currency. Nobody is offering you 15% - 20% on cold hard cash. Lots of people have been fooled by 15%-20% returns on property funds before and that was meant to be backed up by hard assets.
Usdc is fully backed by cash and assets last time I checked and they're required to report their backing regularly. Although I would swing away from usdt as some of their backing is rumoured to be tied to Evergrande. I'd avoid mim as well due to the wonderland controversies that have popped up recently.
In terms of stability though they're a safer bet than some of the other coins given the current crypto climate.
That being said though, bank cash isn't backed by cold hard cash. Prior to covid banks were only required to have 5% reserves for any funds 'held'. During covid things changed to a 0% reserve requirement so a cascade of crashes in the fiat and crypto world could be triggered if a bank run were to happen right now.
Edit - oh and that APR is from using the stable usdc-usdc.e pair as liquidity and earning a share of the transaction fees. It's not going to be consistent 15-20%, I've had days where it's only 5% APR and days where it's been at 40% APR.
@DangerNoodle: Fiat money is backed by the hot air that comes out of the politicians when they speak.
A high yield Merc for sure.
eneloops too
Victorinox Knife?………….. Ozito power tool?……………. Dell Gaming Monitor?
Porsche Lego?……………. Phillips Hue?………………….. Quilton Toilet Paper?
Xiaomi Phone?……………. Superdry Jacket?……………. Mijia Pen?
Udemy courses?…………. Van Heusen Shirt?…………… Dyson cordless?
Kingston A2000?…………. RM Williams?…………………. Belkin Charger?
Boost Prepaid?……………. Big Man Tyrone?…………….. Zuslab Cables?
Sony XM4 ?………………… JB Hifi Phone plan?………… Samsung microSD?
Dominos Pizza?………….. Hisense TV?…………………… Maccas App?
Adidas Ultraboost?………. Dell OptiPlex?………………… Seagate HDD? eBay Plus?
Mijia Screwdriver?……….. Nike Hoodie?…………………. UniQlo T-shirt?
Nike Hoodie?…………………so did I miss anything?
Somebody should make an OzBargain wallpaper with these popular items. Maybe MS Paintedit: made the list more compact
Where is the RAT, PS4 and mini Nintendo? Lol
@boomramada: They weren't popular enough to come to my mind.
Although the Mini Nintendo was an OzFavourite for a short while, more often are people posting and buying Nintendo Switch deals (even at RRP). But its not as often/popular as I would like to deem it as a cult classic.RAT kits are only popular in the past few weeks/month. It is likely to be a flash/fad. Hasn't been tested by time like the Eneloops/Ladda batteries which are a community staple. The same goes for Face Masks (thanks pam). The Quilton Toilet Paper barely made the cut, since it has been somewhat popular here before the pandemic, and because I want to make a pun about tightarse.
I should have mentioned PS4 Games. They're pretty popular, and been quite active for at least 5 years. It is definitely an OzFavourite and passes the test. Not sure if [SUBS] deserved a shout-out like the PSN Games, Game Pass, Epic Games, etc etc, they're close.
PS VR probably should've had a mention, it's been pretty popular. By proxy so has the PS4 Pro deals. The original PS4 and Slim consoles were less popular here from memory. XB1S and XB1X were similarly not a cult classic. The original XB1 was least popular deal.
There's lots of community desire for the Xbox Series S, PS5 Disc, and the Xbox Series X. However, it's hard to quantify if it is because they are favoured. Or other factors such as supply constraints, and the collapse of The Gaming PC Market (overpriced GPU, lack of GPU, etc etc). I think right now it is the latter, so they don't quiet qualify. But soon the pandemic will be un-declared, supply issues resolved, and I expect them to still be popular here. Then they will qualify on the list. I think the Xbox Series S still won't cut it. For consoles, the cult classics here will be the Xbox Series X, PS5 Disc and the Valve SteamDeck (once released).
OzBingo
how did you come with this list?
we need an ozbargain tier list but for those S
@capslock janitor: Make a new thread.
I'm sure some of the senior staff can help add or remove some items. And they can help make a Hierarchy/Tier List of these OzItems, similar to TierZoo. I came up with the list after thinking about it for like 30mins and using the search function.
Reverse weave clothing
ozbargain.com.au
Life is pretty good financially, so a Kia EV6 sounds like a great retirement present to me from me.
If you gift yourself for retirement is a Kia EV6, you shouldn't be offering anyone financial advice.
Don't judge a person's wealth by what kind of car they drive.
A Kia EV6 is priced at +$42,115. It isn't a cheap ride by any means.
The richest person under 30Y drivers something that is 2/3 of that value.
Perhaps bank account. ING will give 1.35% with lots of conditions. When share market bottoms etf tracking asx200.
But when is the bottom?
haha this is what I ask my mate all the time… he's been asking me about shares for years
Can't go past red.
Or black.
Just watch out for green swan events.
Which one?? Please respond!
Green Swan is a scam.
Invest in a ecommerce website.
amazjone
DHHF.
You could invest in unvaccinated sperm?
That's a bit hard to swallow!
Apple shares. Apple is is too successful to fail, even if Apple lost app revenue they would still find a way to make even more money. Warren Buffett has been saying Apple is undervalued for years, though he does have billions to lose and not even notice.
Also probably Amazon. Looking at what's even happening here, it's like our own supermarkets don't even try to compete with the upcoming grocery deliveries. By the time Woolworth's makes a local delivery system that's even better, it will be too late because Amazon will already be the defecto delivery service. You just can't stop a corporation like Amazon with a 20th century business model, which means Amazon has a lot more growth around the world in the next few decades.
I have both AMZN and WOW shares, I can tell you can buy AMZN for anything but groceries business, Amazon already failed in this area
They acquired Whole foods some 4-5 years ago to get started in this area and it has gone no where, I am not surprise they will get out of this area all together soon.in the last 4-5 years other food business has grown so much and taken even a more commanding position in this area, in Australia, ALDI and WOW are the best 2 grocers
selling fresh and perishable goods is not the same as selling electronic goods, you need key sites and distribution networks through out the country and your own logistic to match
electronics can stayed on shelves for weeks and you can get robot to automate a lot of these task and you don't need to worry about stuff going rot.
AMAZ is good with their robots, central distribution warehouse so they beat other people in this category but when it comes to fresh food they are newbies and crap at itfresh produces required a new set of logistic and know how and key locations through out the country, and WOW captures most of these key sites
have you seen a new green development site pop up and WOW shop popped up soon after? do you know how they do that? they have team of properties
expert in this fields scout for location and study it viability and start get in on the ground and locked all their competitor for the site.I can predict with confident WOW will be the king in this area in Australia and AMAZ for the rest
my fund, australian unity diversifed property fund, has woolworths etc as tenants
What’s the ASX code, I can’t find it anywhere!
@HamBoi69: It's not an ETF.
Investors don't own the underlying assets and can lose their entire portfolio when the fund goes bust.
Unless Elon comes out with a smart phone. But apparently that's a myth circulating online.
Is that the same Elon that promised the ‘hyper loop’
BRN mooning
BRN already mooned* don't you mean. If you jump on now there is a fair chance you'll end up bag holding for a while.
Up 15% today ;)
Yeah… After being down 30% last week.
@capslock janitor: I use selfwealth, but stake is cheaper now, though I've heard a few dodgy reports about them so going to stick with selfwealth for the moment I think.
Buy High Sell Low
has it still broke a dollar
A really good crystal ball
I think people come to investment threads, looking for your comments to neg you :o
They're neg because I'm not shilling crypto.
Or may be their bags are bleeding and are looking for someone to blame.
No, we come to every thread looking to neg rektrading. Because everything turns into crypto.
would have been a good play Jan 2021. growth / speculative stocks will have more pain ahead short to medium term. might load up on some tsla between now and march for the long haul/hodor
VDHG
Why is that mate?
stocks only go up.
but seriously…. the common wisdom is that low fee Index funds beat managed funds or picking individual stocks in the long run.
I jumped on board last year. VSG did better for me than VDHG but the whole market trended up last year.
Currently I moved out of Index fund to try my hand at "picking individual stock" and went all in on XLNX. All of which will become AMD shortly. And if i'm correct, triple over the next 5 years.
best app/service to buy amd and xlnx?
VDHG is very diversified. It's actually not as 'high growth' as the name implies, but it's generally a very stable investment.
Just go VAS. Lower fees and better performance.
hosky
Toys'r'us, I reckon 2022 is the year!