15 Year investment?

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Anybody out there have any good predictions for shares to buy and leave for about 15 years? There is 10k-ish at my disposal and am willing to put it into an investment and leave it for that length of time. However, i am not "well read" on the matter of investment, and with the way the irish economy is at the moment would appreciate any advice/predictions?

lucky-colm

i too would not be well versed on this either

15 yrs is a long time for shares and to find a company or companies that will do well cosistently or even survive for that long would be hard unless you are going to keep an eye on it yourself and move the money around it could be quiet risky putting in money and forgetting about it so as to speak

for what it is worth i think that something like a managed fund would probably suit you better some charge rather large managment fees and some fund managers are better than others so you would have to do your own research if you go with this option

but hey don't take my word for it iam only a novice around here

pocketdooz gave quiet a good prediction on here last december and gave 10 companies for 2009 and the portfolio is doing quiet well here is the link and it is well worth the read
http://www.boards.ie/vbulletin/showthread.php?t=2055450396


so maybe hold your powder and he might post something similar for 2010:rolleyes:

tolkarovers

maybe look at an index tracker like the s and p 500 or the iseq 20.

If you don't buy a broad tracker like these you would need to look at a safe company like coke or gillette. google may be a good buy

sbsquarepants

Jesus, i'm no expert by any stretch of the imagination, but google? 15 years is an eternity for an internet company no matter how big they are now. 15 years is too long to invest in any company and just forget it, you'd have to be very lucky to maximise your cash even with the bluest of blue chips. If you're gonna invest in shares you'll need to be watching them for the duration of your investment. Best of luck with it anyway!

moneybags2009

i'd look at a portfolio of renewable energy corporations. has to be worth a good punt as this landscape will have shifted massively in 15 years!

and perhaps put some into a Gold ETF (see here for explanation) http://www.goldprice.org/buying-gold/2006/01/gold-etf.html

Unless they find a huge gold deposit somewhere you could do well.

Eglinton

My Experience

In 1998 I invested £25,000 IRE in an long term investment product from Bank of Ireland. Last year it was worth €27,000 Euro. Needless to say, this was pretty gutting. In the last 6 months I have made vastly more money on my own, purchasing specific company shares during the downturn.

I am no longer a fan of long-term investments. The so-call award winning Investment Managers made a mess of my money. There are no very good guaranteed long term bets. It's all chance.

But if you do decide to go down the long term route, now is probably a good time to buy an even spread of shares across the sectors as most them are relatively low and the general trend will most likely be up over 10-15 years. Specific companies are a gamble. Google could go either direction.

pocketdooz

Eglinton wrote: »

My Experience

In 1998 I invested £25,000 IRE in an long term investment product from Bank of Ireland. Last year it was worth €27,000 Euro. Needless to say, this was pretty gutting. In the last 6 months I have made vastly more money on my own, purchasing specific company shares during the downturn.

I am no longer a fan of long-term investments. The so-call award winning Investment Manages made a mess of my money. There are no very good guaranteed long term bets. It's all chance.

But if you do decide to go down the long term route, now is probably a good time to buy an even spread of shares across the sectors as most them are relatively low and the general trend will most likely be up over 10-15 years. Specific companies are a gamble. Google could go either direction.

Bank of Ireland Asset Management (Mismanagement) are about the worst in the business (and in Ireland that is saying a great deal).

I would rather give my money to a thieving leper to mind for me.

imo.

.

finisklin

My thoughts on this echo the same as previous posts......spread the investment across several companies in different sectors. The choice of company/sector should be after doing your own research and analysing the performance over a period of time. This is the key, put in the time and learn as much as you can yourself. You will be surprised how much you can pick up by reading these forms, some books, magazines and other websites.

Ultimately this is your money and by giving it to a third party to look after over such a long term is a big leap of faith. You have the ability to do what they do and do it better as it is your money with a clear vested interest!

Anyway, start reading through some of the threads here and you will get ahead start.

tolkarovers

Warren Buffett said on Sunday most investors are better off putting their money in low-cost index funds, though he believes he can still outperform major market indexes."A very low-cost index is going to beat a majority of the amateur-managed money or professionally-managed money," Buffett said at a press conference, a day after the annual shareholder meeting for his Berkshire Hathaway Inc. (BRKa.N) (BRKb.N) insurance and investment company.

speakswan

Hi,
My two cents worth split your €10k, put about half in Berkshire Hathaway B shares http://uk.finance.yahoo.com/q?s=BRK-B

And for the balance be a rate tart seeking out the best deposit rates for the next 12 months, when / if things are improving you may want to invest the other half in another stock.

Of course the benefit of keeping half on deposit, if you suddenly need the money you, you can get it without having to sell some shares.

Gonzales

Davie89 wrote: »

Anybody out there have any good predictions for shares to buy and leave for about 15 years? There is 10k-ish at my disposal and am willing to put it into an investment and leave it for that length of time. However, i am not "well read" on the matter of investment, and with the way the irish economy is at the moment would appreciate any advice/predictions?

Get your mitts on a few of shares of Berkshire Hathaway, IMO.

Thomas_S_Hunterson

Gonzales wrote: »

Get your mitts on a few of shares of Berkshire Hathaway, IMO.

Buffet's pushing on. How much is he worth to the company?

Raskolnikov

moneybags2009 wrote: »

i'd look at a portfolio of renewable energy corporations. has to be worth a good punt as this landscape will have shifted massively in 15 years!

and perhaps put some into a Gold ETF (see here for explanation) http://www.goldprice.org/buying-gold/2006/01/gold-etf.html

Unless they find a huge gold deposit somewhere you could do well.

If history is anything to go by, those suggestions will make for terrible investment decisions.

How many people have been made rich by investing in automobile, railroad or airline companies? Indeed, Warren Buffet once said that if he was around in the early 1900's when the Wright brothers first flew a plane, the best thing he could have done for capitalism was to shoot the plane down because up until the 90's, the airplane industry had lost more than it made.

PCPhoto

one word... McDonalds !

they've been around for years and perform consistantly - wont make you massive profit - but as a long term investment all that you want is the company to survive and make some bit of a return.

lucky-colm

PCPhoto wrote: »

one word... McDonalds !

they've been around for years and perform consistantly - wont make you massive profit - but as a long term investment all that you want is the company to survive and make some bit of a return.

if some company called "mc guires" or something dosn't open up in the mean time with better burgers and more appealing to childern and represents more western culture/lifestyle than mc donalds and thus out performing it in the new emerging/post communist countries.

then mc donalds is yesterdays news.

as for making "some bit of a return" surely it must make more than 4-5% per annumn as this could be achieved with ordinary saving accounts and more gauranteed. i would expect a minimum of 15% return per annumn to cover inflation and what you could get through more risk free investments and to allow for market downturns.

just my 2 cents

pocketdooz

lucky-colm wrote: »

if some company called "mc guires" or something dosn't open up in the mean time with better burgers and more appealing to childern and represents more western culture/lifestyle than mc donalds and thus out performing it in the new emerging/post communist countries.

then mc donalds is yesterdays news.

as for making "some bit of a return" surely it must make more than 4-5% per annumn as this could be achieved with ordinary saving accounts and more gauranteed. i would expect a minimum of 15% return per annumn to cover inflation and what you could get through more risk free investments and to allow for market downturns.

just my 2 cents

That's a bit ambitious I think.

To the OP - if you can get 8% p/a returns you'll be doing very well in my opinion.
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