If you had €100,000

ChocolateSauce

If someone were to come into possession of €100,000 and they were thinking about investing it in shares, what do you think they should do with it? They are think about investing for 10 years, then selling all the shares and buying a property. The goal isn't to become rich, but to ensure that the money doesn't depreciate in value and isn't spent.

Delta Kilo

I would tell them to fold it up and put it back in their pocket-only way to double your money, imo. Dont be greedy!

consultech

Lidl GmBH

Idu

A high interest savings account. Fairly straight forward

pocketdooz

Go and seek professional advice.

Seriously


.

Bytheway

ChocolateSauce wrote: »

If someone were to come into possession of €100,000 and they were thinking about investing it in shares, what do you think they should do with it? They are think about investing for 10 years, then selling all the shares and buying a property. The goal isn't to become rich, but to ensure that the money doesn't depreciate in value and isn't spent.

Well if you goal is to avoid depreciation, keep it safe and secure than a high interest bank account is the best way. But imo if i was looking for stability and some profit i would invest in an ETF in oil. The general consensus is that oil will rise from a base in the mid thirties. But who is to say in 10 years that things will be better than they are now.
10 years is a long time in which profits can be made and wiped out again in shares. You could look at corporate bonds which a relatively safe (but not guaranteed by any means) one might fetch 6% - 7% but you will have to do a lot of research and consider if the extra 3-4 % is worth the risk than 4%-5% in a Bank.

But this is what i THINK i would do, but you have got the best advise already, get professional advise but beware than everybody has an angle and an agenda in business where money is concerned. Don't expect to get impartial advise from a company which stands to make money from your investment !

ChocolateSauce

pocketdooz wrote: »

Go and seek professional advice.

Seriously


.

Was hoping I might find some in here...I'm a professional (well, I will be in one year) in my own field and sometimes hand it out on the internet for free.

My field is so far from finance it would make one's head spin.

I was thinking something like Coca-cola or Pfizer, companies that will almost certainly still be doing well in 10 years. Last year Pfizer had 11.85 billion profits, and recently acquired a rival for 60 billion. For example.

Time Magazine

ChocolateSauce wrote: »

Was hoping I might find some in here...I'm a professional

Read the Charter, please. It could be illegal for you to get "professional" financial advice here.

ChocolateSauce

The Economist wrote: »

Read the Charter, please. It could be illegal for you to get "professional" financial advice here.

Sorry, I should have put that in inverted commas. Besides, hypothetical question!

Time Magazine

ChocolateSauce wrote: »

Sorry, I should have put that in inverted commas. Besides, hypothetical question!

Okay I really don't like being the pedantic mod, but you have to understand nothing on this forum counts as financial advice, even if it came from a fully-qualified advisor.

Aside from that, high-interest deposit account and it might be worth your while getting proper financial advice to see if anything would tempt you.

Dob74

Interest isnt too bad in some banks at the moment.
I would stick it in the bank.


I would be very wary of getting professional advice. They will push you into a fund where they will get a good commission, NOT what's best for you. Plus most funds charge 0.5% or more just to have your money with them.

ixus

ChocolateSauce wrote: »

If someone were to come into possession of €100,000 and they were thinking about investing it in shares, what do you think they should do with it? They are think about investing for 10 years, then selling all the shares and buying a property. The goal isn't to become rich, but to ensure that the money doesn't depreciate in value and isn't spent.

Forget shares if you want to ensure against depreciation. What kind of property is hte person interested in? Pretty sure there'll be plenty of 100K properties available in this country over the next 12-36 months.

I don't think there is a single asset in the world that can be 100% certain to return the 100K in 10 years time.

Short term German bonds should be fine for the next year or two safety wise, but are likely to lose their value as demand for fixed income drops.

You should certainly not invest your 100K in a couple of stocks because of accounting profits. You should know the particular sector, when it grows, the competition and risks in the sector. Also the currency risk.

If I had 100K, I'd be sitting tight for the next 6 months, waiting to see trends in markets (up or down) and also looking at what business opportunities are out there. Would also look at preservation of capital and ease of access in the event of job loss over the next year.

Jor

About 14 months ago, I had €100,000 which I invested through Irish Life in a range of different products. I now have about €60,000.:(

If the very thought of that makes you scream,:eek: then either put your money into the bank or Post Office, or into an investment fund with a guarantee that you will at least come out with your money back. These will usually have a low percentage return in good times, but you do have peace of mind.

I was just unlucky with my timing. With many shares at rock bottom now, so long as the company does not go out of business or is nationalised (like Anglo Irish), then in the long term, the only way is up.

What I find most grating is that I am still paying commission or management fees to Irish Life even though all they are managing to do is lose me (and many others) money.:mad:

Mort5000

Jor wrote: »

About 14 months ago, I had €100,000 which I invested through Irish Life in a range of different products. I now have about €60,000.:(

...

What I find most grating is that I am still paying commission or management fees to Irish Life even though all they are managing to do is lose me (and many others) money.:mad:

In 14 months, the ISEQ has dropped more than 50%, so I reckon you're doing fairly well all things considered.

As for the commission... would you expect to only pay when you're making a profit?

Bytheway

ChocolateSauce wrote: »

If someone were to come into possession of €100,000 and they were thinking about investing it in shares, what do you think they should do with it? They are think about investing for 10 years, then selling all the shares and buying a property. The goal isn't to become rich, but to ensure that the money doesn't depreciate in value and isn't spent.

The thing is that your question is contradictory. People don't buy shares to make sure money doesn't depreciate (apart from a gold hedge when the dollar is weak etc ) and to make sure it isn't spent. These are all the wrong reasons to buy shares imo.

It would be a huge mistake to buy shares in any company and forget about them for 10 years.

DJDC

Section23 apartments in Longford, AIB shares and 10 year Irish debt. Go on be a patriot!

daveirl

This post has been deleted.

Diarmuid

daveirl wrote: »

This post has been deleted.

I'd second that, or even consider 100% in Total World Market ETF but it might be too US centric.