Alvaro351 Member 30 Member For: 20y 7m 25d Location: Rockingham Posted 09/10/08 04:04 AM Share Posted 09/10/08 04:04 AM Hi everyone, just got back from holidays, driving around Europe for a while, and this changed a few of my perceptions on life... and moved my goal-posts as well... So, to all the financial gurus out there, whilst this depressing period is going on, what are the best investment options? Shares? Which type is best to get, ie, Comodities, banks...Managed funds? Again, waaaay to many for a mere mortal to choose from? Real-estate? *sigh* or do you just sit tight and watch it all unfold for the time being?And are there any decent non-biased financial advisors out there? Where do you look for them? Opinions welcome, Alvaro Link to comment https://www.fordxr6turbo.com/forum/topic/50517-good-investment-options/ Share on other sites More sharing options...
iTec TEAM BA Donating Members 1,755 Member For: 20y 6m 5d Gender: Male Location: North of The Bridge Posted 09/10/08 04:10 AM Share Posted 09/10/08 04:10 AM Alvaro351 said: And are there any decent non-biased financial advisors out there? Where do you look for them?at centrelink Link to comment https://www.fordxr6turbo.com/forum/topic/50517-good-investment-options/#findComment-746860 Share on other sites More sharing options...
Dillz Three pedals are better then two.. Donating Members 15,637 Member For: 18y 17d Gender: Male Location: Melbourne Posted 09/10/08 04:17 AM Share Posted 09/10/08 04:17 AM Property Link to comment https://www.fordxr6turbo.com/forum/topic/50517-good-investment-options/#findComment-746863 Share on other sites More sharing options...
ORSMXRT Member 167 Member For: 17y 6m 2d Posted 09/10/08 04:19 AM Share Posted 09/10/08 04:19 AM I'd keep an eye on Mining shares. BHP has taken a huge hit and will rebound very quickly. Link to comment https://www.fordxr6turbo.com/forum/topic/50517-good-investment-options/#findComment-746864 Share on other sites More sharing options...
R-SPEC You are a dead set goose Silver Donating Members 3,968 Member For: 19y 6m 13d Gender: Male Location: Melbourne Posted 09/10/08 04:20 AM Share Posted 09/10/08 04:20 AM (edited) Buy as many fuking houses as you can and you'll be as rich as double dark chocolate in 10 years EDIT: SHARES ARE NO GOOD! LOOK WHAT JUST HAPPENED PEOPLE! Edited 09/10/08 04:21 AM by R-SPEC Link to comment https://www.fordxr6turbo.com/forum/topic/50517-good-investment-options/#findComment-746865 Share on other sites More sharing options...
Dillz Three pedals are better then two.. Donating Members 15,637 Member For: 18y 17d Gender: Male Location: Melbourne Posted 09/10/08 04:25 AM Share Posted 09/10/08 04:25 AM Link to comment https://www.fordxr6turbo.com/forum/topic/50517-good-investment-options/#findComment-746866 Share on other sites More sharing options...
tab Sucker Moderating Team 32,303 Member For: 21y 1m 18d Gender: Male Location: Brisbane Posted 09/10/08 04:33 AM Share Posted 09/10/08 04:33 AM ...comments brought to you by a couple of trustworthy real estate agents. Link to comment https://www.fordxr6turbo.com/forum/topic/50517-good-investment-options/#findComment-746868 Share on other sites More sharing options...
R-SPEC You are a dead set goose Silver Donating Members 3,968 Member For: 19y 6m 13d Gender: Male Location: Melbourne Posted 09/10/08 04:45 AM Share Posted 09/10/08 04:45 AM ...who see what REALLY happens in the local market... Link to comment https://www.fordxr6turbo.com/forum/topic/50517-good-investment-options/#findComment-746871 Share on other sites More sharing options...
Dillz Three pedals are better then two.. Donating Members 15,637 Member For: 18y 17d Gender: Male Location: Melbourne Posted 09/10/08 04:50 AM Share Posted 09/10/08 04:50 AM tab said: ...comments brought to you by a couple of trustworthy real estate agents. Thanks mate but no one likes a brown nose. Link to comment https://www.fordxr6turbo.com/forum/topic/50517-good-investment-options/#findComment-746874 Share on other sites More sharing options...
Ford_Power Member 798 Member For: 22y 2m 12d Posted 09/10/08 05:19 AM Share Posted 09/10/08 05:19 AM (edited) Right now its very difficult to find a "safe" common investment location to put your money in.Property now is NOT the right thing to do - property prices will be falling over the next year (they have already started in every single state) due to the tighter checking of banks on giving loans - less buyers, more sellers.. demand<supply = price decrease. Once house prices are at at their lowest... (I estimate 1-2years) go nuts and buy up big! You do not want to buy a home now, only to find you now have NEGATIVE equity in it 1 year from now!Shares - NOManaged funds - NOThis is much much more than just "normal" market cycle.. this is basically the beginning of the end as the USD as a fiat currency and as such shares are a bad idea. ($514trillion derivatives market has yet to be looked at!!!!)One thing that you may note that has been performing extremely well out of all this financial mess is physical gold. 16th September gold price $775USD/oz (approx) compared to todays 9th October gold price $900USD/oz (approx). Why is this? this is because gold is finite in quantity, it cannot be debased like paper currency by just printing more, and it has a high intrinisic worth. Currency USED to be gold backed, but courtesy of some greedy people the gold (asset) backing requirement was removed from the constitution.The gold price is actually being aritificially held low by the US Fed.. they are dumping gold onto the market everytime the price gets near 890USD/oz, but they are going to have to stop that soon seeing as they may actually want to keep some gold as their currency will be worthless shortly!! You may ask why is the Fed doing it then? Well it's all about consumer confidence in the dollar. As soon confidence in the piece of paper you are holding that says $20, is lost, the first thing everyone will do is exchange their US currency! Once this happens it's all over red rover. France has already stopped accepting USD for payment as of last week, and many RETAILERS in India have actually stopped accepting USD also! Have a look around for yourselves - it is almost impossible to buy physical gold in the USA at the moment... yet the price has not shot up astronomically... (it has gone up considerably, but not as much as it should have by a long shot!) why is this?? Economics 101 will tell you that something is not kosher with the equation there... In any case gold has a way to go yet!! PLENTY more!! Cheers,RossNOTE: The above information is my OPINION ONLY. Edited 09/10/08 05:23 AM by Ford_Power Link to comment https://www.fordxr6turbo.com/forum/topic/50517-good-investment-options/#findComment-746888 Share on other sites More sharing options...
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