By buying 30% to 50% of a company, you would get the companies share price going in the right direction
How would YOU invest $1 Million?
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By buying 30% to 50% of a company, you would get the companies share price going in the right direction
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Use that 1 million to borrow 10 million .......... use that 10 million to borrow 100 million ........... use that 100 million to borrow 1 billion ........
Transfer 500 millions worth of liquid assets and property to the people in the " circle "
Spend the rest on wine women and song until the party came crashing down......
Say "sorry have a lovely day" and go banktrupt.
Transfer 500 millions worth of liquid assets and property to the people in the " circle "
Spend the rest on wine women and song until the party came crashing down......
Say "sorry have a lovely day" and go banktrupt.
Wysiwyg
Everyone wants money
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1) House and land package in new estate - Price: $417,000 rented at +$500/wk
2)Fixed term deposit at 6.85% for 3 years - $283,000 = gross estimate $58,156.
3) Share portfolio of increased dividend paying blue chips - $300,000.
*Note the purchase of shares would involve select timing and possibly DRP's.
Is that a typical newbie approach and could it be refined?
2)Fixed term deposit at 6.85% for 3 years - $283,000 = gross estimate $58,156.
3) Share portfolio of increased dividend paying blue chips - $300,000.
*Note the purchase of shares would involve select timing and possibly DRP's.
Is that a typical newbie approach and could it be refined?
andione1983
Danger Will Robinson, Danger
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buy about 7 different motorbikes, one for each day of the week, a Fort GTVm pay off my home and put the rest in banks shares. LOL
Wysiwyg
Everyone wants money
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Hello, the question is invest. It's a tricky one if you don't read or miscomprehend the question.
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I reckon -
25% in the biggest safest shares, banks , resources.
75% in property when it tanks, just have to wait for it.
If you have unemcumbered property it will hold you in good stead through thick and thin.
Now, if you're really smart like one guy I know you buy businesses and build them up.
He's now seriously wealthy, takes application and smarts, he did the Harvard Business course in the UK, learned a lot and applied it.
25% in the biggest safest shares, banks , resources.
75% in property when it tanks, just have to wait for it.
If you have unemcumbered property it will hold you in good stead through thick and thin.
Now, if you're really smart like one guy I know you buy businesses and build them up.
He's now seriously wealthy, takes application and smarts, he did the Harvard Business course in the UK, learned a lot and applied it.
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I trust that the controversy that motivated the deletion of a couple of dozen posts this evening is now at an end and there shall be no further mention of it.
By the way, it is not "anonymous in here". Every post on this forum is time and IP stamped. That means all those who haven't been dashing frantically from internet cafe to internet cafe to post on ASF can be identified so please only post things about people that can be proven to be factual.
Now, back to the topic of the thread.
By the way, it is not "anonymous in here". Every post on this forum is time and IP stamped. That means all those who haven't been dashing frantically from internet cafe to internet cafe to post on ASF can be identified so please only post things about people that can be proven to be factual.
Now, back to the topic of the thread.
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Thx Joe.
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You cant be specifically identified by your IP address Joe, and posting things that can be proven to be factual, fair enough but it goes both ways.
This thread got seriously off topic over this and I should take my share of the blame I just cant let go of something that I believe , except to take a bigger bite.
I will try to be more passive.
More specifically -
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My previous post was merely a figment of my warped imagination and i would like it known i am an honest hard working Nun that shudders to think that the scenario posted would actually ever happen in the modern business day world
Thankyou for understanding.
Garpal Gumnut
Ross Island Hotel
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My previous post was merely a figment of my warped imagination and i would like it known i am an honest hard working Nun that shudders to think that the scenario posted would actually ever happen in the modern business day world
Thankyou for understanding.
Nun, mate,
If I were given 1 mil , and given that you and I are the most well behaved posters on asf tonight, I would have to say that there is something crook about the world and that the financial system is probably headed for another crash.
I therefore would turn it in to gold bars and bury it in the corner where garpaldog goes every morning for a ****.
gg
gg
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We are , arent we
But have to agree on your sentiments , we are obviously heading for armageddon and therefore I have changed my strategy of seeking world domination and now i will bring peace on earth with that million bucks instead ......
More things out there than just making money to invest in .
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Mental note : It is not acceptable to highlight spelling mistakes on another website as they may not like it and sue you!
$250k on red wine
$250k on beautiful women
$250k on a new Ferrari
And waste the rest...........
Oops, the missus just saw that. So what I meant so say is:
$500k in the missus's superfund in case my mate Kev brings back limits on tax free superannuation. All shares, the usual, with an energy bias.
$500k in shares outside the superfund. Again usual stuff, energy bias. But might try and pick a few minnows for a change instead of my normal boring blue chip stuff
$250k on beautiful women
$250k on a new Ferrari
And waste the rest...........
Oops, the missus just saw that. So what I meant so say is:
$500k in the missus's superfund in case my mate Kev brings back limits on tax free superannuation. All shares, the usual, with an energy bias.
$500k in shares outside the superfund. Again usual stuff, energy bias. But might try and pick a few minnows for a change instead of my normal boring blue chip stuff
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In this case Burns, you could consult a regulator if you wanted proof. Then you could report your findings. It is rather straight forward, rather than make outlandish remarkes, that is Joes point. I have been guilty of it previously too.
Onto the topic: I don't believe the market is due for continued long-term growth, so the 'buy and hold' strategy is a bit out the door. The vast majority here would not be full-time traders and therefore wouldn't have time to continuously update their portfolio and trade, nor would they do the many years to get the skills.
The only other option I see as returning above market returns and the returns everybody came to expect after the long-sustained bull run, is to find a hedge fund (need to profit from fluctuations both ways), that you trust and one that you understand and believe in as far as strategy and invest your money there.
Otherwise, you may simply be treading water after tax and inflation. I certainly know I would rather my money be working for me.
Onto the topic: I don't believe the market is due for continued long-term growth, so the 'buy and hold' strategy is a bit out the door. The vast majority here would not be full-time traders and therefore wouldn't have time to continuously update their portfolio and trade, nor would they do the many years to get the skills.
The only other option I see as returning above market returns and the returns everybody came to expect after the long-sustained bull run, is to find a hedge fund (need to profit from fluctuations both ways), that you trust and one that you understand and believe in as far as strategy and invest your money there.
Otherwise, you may simply be treading water after tax and inflation. I certainly know I would rather my money be working for me.
Garpal Gumnut
Ross Island Hotel
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You are only allowed $450,000 which I've done recently , $150,000 pa , can do 3 years in advance.
Do it soon or he'll change the rules before you can do it.
Also gives you an extra $50,000 for cigars and gals.
gg
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Hey Burnsie,
Much safer bet to stay away from the banks till after the property market collapse.
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Probably right but they will win in the long term as they call the shots in AU
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If I had ONE WHOLE MILLION DOLLARS!....
I would buy a house made out gold!... look at the market today, if gold prices go up that means house prices go up and if house prices go up, gold prices go up!! You CANT LOSE!
In effect what Im doing is supercharging my returns for double ROE!! Oh and the risks are sooo low, the safety of bricks and mortar combined with the protection that only gold can give you from those nasty nasty fiat currencies! (which are really just worthless bits of paper).
See with some logical thinking, a little smarts, and a pinch of luck, you all could be as prosperous as me and have great ideas like this!
PM me if you want to learn about my book.
I would buy a house made out gold!... look at the market today, if gold prices go up that means house prices go up and if house prices go up, gold prices go up!! You CANT LOSE!
In effect what Im doing is supercharging my returns for double ROE!! Oh and the risks are sooo low, the safety of bricks and mortar combined with the protection that only gold can give you from those nasty nasty fiat currencies! (which are really just worthless bits of paper).
See with some logical thinking, a little smarts, and a pinch of luck, you all could be as prosperous as me and have great ideas like this!
PM me if you want to learn about my book.
skc
Goldmember
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LOL. Great idea...
I think the answer will greatly differ depends on whether you are still working and generating other income or not. To me $1m is nowhere near enough to stop and be contended.
Given that trading is my income, $1m actually would not change a thing compared to my current allocation.
1. ~5% in cash / high interest - just for everyday use
2. ~0-10% in index fund - for flow of income when trading is quiet
3. ~5-8% in some hedge fund - taking MRC & Co's angle
4. ~80% in trading capital - same process, same risk management, just a larger capital.
You can make a reasonable living making 20% a year, or very good living make 1000%
I read from somewhere that, if you approach trading from a position of financial strength rather than financial need, you are more likely to be successful. $1m will certainly enable that.
