Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Investment opinions

  • 13-05-2009 7:26am
    #1
    stereo_steve
    Registered Users, Registered Users 2 Posts: 1,227 ✭✭✭


    Hi Guys,

    I just wanted to get your opinions on 10k that I have to invest. I know there are a couple of guys here that are good with investment advice. I'm not the best at picking individual stocks. So I want something like below ...

    Basically I think I can put this money by for 3-4 yrs.

    I was thinking about ...

    a) A 5% savings account. Safe and secure, low rate of return. Although, I already have a regular savings account and would like to diversify by savings a little. Plus I feel a little uneasy having all my money in Irish banks! Maybe I am just being paranoid.

    b) Oil EFT. I don't know if this is a good idea or not. Oil I believe is at a six month high. Have I missed the boat? On the other hand surely as the world picks up, demand will sore again. But will this happen in the next 3-4 yrs?

    c) Index. Put it all in the Dow, Nasdaq etc. I see there have been gains recently should I choose this anyway as hopefully it will go up alot in the 3-4yrs. Or wait a few weeks expecting a fall again.

    What would you guys do?

    /Steve


Comments

  • #2
    PCPhoto
    Registered Users, Registered Users 2 Posts: 6,584 ✭✭✭PCPhoto


    ROULETTE TABLE ...put it on RED .... win double your money !!

    seriously - savings would be the best option, or consider investing in a startup company theres plenty of budding entrepeneurs (probably spelled wrong) out there that would appreciate a 10K "assist"


  • #3
    Idu
    Registered Users, Registered Users 2 Posts: 1,152 ✭✭✭Idu


    PCPhoto wrote: »
    or consider investing in a startup company theres plenty of budding entrepeneurs (probably spelled wrong) out there that would appreciate a 10K "assist"

    Don't do that!! Too risky IMO.

    Personally I would put 5k in a savings account, 2k in an oil ETF if the price went below $50 again and wait a few months and average into an equities ETF. Either the FESX or the S&P 500


  • #4
    xebec
    Registered Users, Registered Users 2 Posts: 3,311 ✭✭✭xebec


    OP, see the charter, there's no advice given on this forum - just opinions.

    If you're seeking some proper advice then seek out an Investment Advisor. If you follow any of the opinions here you do so at your own risk...


Advertisement