If you had €10,000..

xp90

How would you invest it?Its sitting in an aib 7 day notice account but is there anything with a higher return?

Daragh101

atm €5000 in aer lingus and €5000 in crh

pog it

Get your money into a high paying saving deposit account - see if there are any 3/6 month deals to be had (there used to be, I don't know about now) and hold on for a few months. See what pans out in the markets in next quarter or so- a lot of financial sources and analysts are predicting another recessionary dip.

I'd hold on to your money for the next few months and get researching in the meantime.

xp90

Tbh i dont think theres much higher return on anything risk free than the aib 7 day online account

lucky-colm

anglo seems to be offering the best at the moment 3.8%

buck65

I had money in Ulster bank getting 3.85% if left for 6 months. Now it's back to 3% - should I leave it there or would you guys recommend investing?
More than 10 k too.

pirelli

buck65 wrote: »

I had money in Ulster bank getting 3.85% if left for 6 months. Now it's back to 3% - should I leave it there or would you guys recommend investing?
More than 10 k too.

No one really knows which way the market will be going. It might retrace up to 40% in a few weeks. It might continue this volatility its hard to say. I would invest in safe bets like AAPL GOOG but be mindful or corrections and be prepared to move money around at a moments notice. But yes you can do better than 3% a year.

You definitely can.

Dilynnio

Stick it in a forex account!

Learn to paper trade/demo account trade for 3-6 months first!

If your good at it u can make some good money!

pog it

Yes you can do better than 3% but the OP sounds very new to investing and this isn't the time for them to experiment as, if things were to head downwards again they would not only lose the 3% in interest, the bulk of their 10 k could be gone as well! Google is trading at v high price, I invested in them when they were at high point couple of years ago (it was my first novice investment!) and I got out just in time with a little profit before they sank downwards, so take the lesson from me. The only guaranteed winner here is the stockbroker. If you only have 10k to invest you are better off -if you simply must invest in shares- to go in with the more defensive stocks that are trading at lower prices.

OP- What is your appetite for risk?? I think it's important to know that before people give you stock tips!

Raskolnikov

xp90 wrote: »

How would you invest it?Its sitting in an aib 7 day notice account but is there anything with a higher return?

Yes.

3.8% return after one year with Irish Nationwide.

Considering we're in deflation, I'd say you'll be getting a real 5% return on your money that's risk free.

samson09

Precious metals, 80% gold and 20%silver, physical. Maybe buy some good junior miners too. Even tho gold is at an all time high (in dollars anyway) its still a good buy. Another option would be to buy some yuan.

Chrysostomos

Daragh101 wrote: »

atm €5000 in aer lingus and €5000 in crh

Too risky.

Dilynnio wrote: »

Stick it in a forex account!

Learn to paper trade/demo account trade for 3-6 months first!

If your good at it u can make some good money!

Chances of beating the market in the Forex markets (A inherent negative sum game) over a long period of time = very small.

Raskolnikov wrote: »

Yes.

3.8% return after one year with Irish Nationwide.

Considering we're in deflation, I'd say you'll be getting a real 5% return on your money that's risk free.

I agree with this, best advice in the thread so far.

Bytheway

I feel Gold, Silver, Aer Lingus and CRH are bad ideas. It depends on what you are looking for. If you want to play the stocks then you need to start researching for 3 - 6 months minimum and know what you are doing before you start. After that you will know a bit more and be more confident in what you are doing.

Gold is at an all time high and may retract big time, Gold had its chance during the recession and didn't perform, why it would perform now is beyond me.
Silver has had a good run and would probably be a better bet than gold but I wouldn't invest in it.
Aer lingus is in big trouble and I be surprised if the American Government stimulus isn't factored into CRH.
Start buying the Investors Chronicle and looking at chat boards www.adfvn.com and www.iii.co.uk for info and possible tips.

Lexus1976

xp90 wrote: »

How would you invest it?Its sitting in an aib 7 day notice account but is there anything with a higher return?

Buy a few investment books and learn more about different catergories of investments.

EFT's
Bonds and Funds
Deposits
Shares etc

JTMan

Raskolnikov wrote: »

Yes.

3.8% return after one year with Irish Nationwide.

Considering we're in deflation, I'd say you'll be getting a real 5% return on your money that's risk free.

I would go with the INBS 11 month term deposit rate at 3.81%.

From Ask About Money ...

Best Buys - Highest Term Deposit Rates

6 Months - Irish Nationwide - 3.78%
11 months - Irish Nationwide - 3.81%
1 Year - Anglo Irish Bank & Irish Nationwide - 3.80%
2 Years - Irish Nationwide - 3.49%

godtabh

Raskolnikov wrote: »

Yes.

3.8% return after one year with Irish Nationwide.

Considering we're in deflation, I'd say you'll be getting a real 5% return on your money that's risk free.

Thats not a bad idea

Daragh101

kearnsr wrote: »

Thats not a bad idea

im sure you could think of a better idea than stick it in a bank account!?

Kanedmick

What about buying dollars now? Won't they go up again in 3-6 months?

Daragh101

i dont think there is much point buying a currency unless of course youve got lots of money?

amacachi

Bet against Gold.

LionelNashe

Hey, consider leaving it where it is. I have read a few times that it makes sense to have quick access to a few months salary for emergencies. If you were going to buy shares or something and you needed the funds in a hurry then you might have to sell them at a time that doesn't suit.

On the other hand, if you would be happy to be without some or all of the money for a long period of time, the 'Eighth Forestry Growth Plan' is launching. Basically you swap your money for a certificate that says you own a bit of forest, and after 12 years they sell the timber and divide the profits among the shareholders. The returns are projected at 7.5% compound per annum and are tax-free.

pocketdooz

LionelNashe wrote: »

Hey, consider leaving it where it is. I have read a few times that it makes sense to have quick access to a few months salary for emergencies. If you were going to buy shares or something and you needed the funds in a hurry then you might have to sell them at a time that doesn't suit.

On the other hand, if you would be happy to be without some or all of the money for a long period of time, the 'Eighth Forestry Growth Plan' is launching. Basically you swap your money for a certificate that says you own a bit of forest, and after 12 years they sell the timber and divide the profits among the shareholders. The returns are projected at 7.5% compound per annum and are tax-free.

Do you get magic beans with that ?

.

Bytheway

I have gone into funds and have learned my lesson the hard way. I will never ever again let somebody manage my financial affairs. Your are far better off doing your own extensive research and build up 8 - 10 stocks that you like rather than let anybody else do it.

People may say "So you know more than the professionals working in the industry "?
Maybe not but I definitely know more about the shares that I invest in than most.
The problem with funds is that they have to invest in bluechip companies as they need large liquidity and are inhibited by it.
Small cap is the way forward for people that want to make good money in a short time.
If it didn't work out than so be it but at least i did it myself and lost rather than somebody else imo. But everybody is different.

pocketdooz wrote: »

Do you get magic beans with that ?

.

Bytheway

This is my stock portfolio at the moment. Some may find this very risky. Granted 2 or 3 stock here may not go as I hope, but if 60% do, I will be very happy.If a stock does plummet I will hold them long term. I usually invest small at the start and build up when things start to heat up, also it helps to bring the average down. Made good gains on gulf which allows more scope with other stock.
With the AIM in paticular, it's vital to try and invest most of the funds when the share is at it lowest. Stocks in the AIM can go up and down 15 % for no reason at all. If you can keep your average down before they jump, your going to make good money. This is true for ever stock but the AIM is incredibly volatile. But I do enjoy it tremendously. The MMs aslo play puck here but I find it great to get my average down when a tree shake comes along.
With NTOG and Hawk, I didn't have a holding in them at the start but I do think that the reports will be good and if not I do believe that they have a bright future.
This for many would be classified Very High Risk. I just see potential tbh. Appreciate any feedback positive and negative
The only stock I'm worried about is NTOG as I went against my rules and chased a trend which will probably bite me!

Name Invested: Profit/loss
Asian citrus Holdings(ACHL): 3%: +72% Would like to top up if funds are available

Faroe Petroleum(FPM): 4.5%: +63% Sell at the end of drilling campaign in a few months

Gulf Keystone: 31%: +219% Sell when they reach total depth in a few weeks

NightHawk Energy(HAWK): 31%: - 1.73% awaiting imminent results for Independent analysis

Vialogy(VIY): 15%: -9.5% next few weeks will make or make things harder here

Leed Petroleum(LDP): 1.5%: -63% Will be putting more in here very soon to bring average down

Nostra Terra (NTOG): 6%: -6% Will be selling shortly after result in a week

Oxford Catalysts(OCG): 2.5%: -22% Will be putting more in here when it starts to heat up and bring average down

Provexis(PXS): 5%: -13% Waiting on European commission's verdict

San Leon Energy(SLE): 1.5% : -13% will be putting more in here between now and start of December as D day is in Jan/FEB

LionelNashe

pocketdooz wrote: »

Do you get magic beans with that ?

.

Hey Pocketdooz, why are you skeptical? Do you have any reason to justify that comment or did you just think it would sound clever?

irish_bob

Bytheway wrote: »

I have gone into funds and have learned my lesson the hard way. I will never ever again let somebody manage my financial affairs. Your are far better off doing your own extensive research and build up 8 - 10 stocks that you like rather than let anybody else do it.

People may say "So you know more than the professionals working in the industry "?
Maybe not but I definitely know more about the shares that I invest in than most.
The problem with funds is that they have to invest in bluechip companies as they need large liquidity and are inhibited by it.
Small cap is the way forward for people that want to make good money in a short time.
If it didn't work out than so be it but at least i did it myself and lost rather than somebody else imo. But everybody is different.

fully agree , funds exist for one reason , to make money for fund managers and the financial institutions they work for

my mother sold some land a few years back , she stuck a sizeable amount of money in a commodities fund with irish life , the period was the middle of 2007 - 2008 , possibley a period when commodities performed better than at anytime this past 25 years , guess what , she never made a schilling , the fund manager obviously done no such research whatsoever into where he invested the money , he must have just threw money at whatever looked like prescious metals , food , energy etc , a case of throwing **** at a wall and hoping it sicks

Bytheway

Putting your money in a fund for 12 years is madness. Be far better off with BP or Aviva at 7% dividend per year.

cmpunk

put it all in to google keeps going up every day so noting wrong with that

Be Do Have

We could all tell you to buy forex, bonds, cfc's etc. But your head would be spinning cause you dont know what all that rubbish is. And neither do I!

The first thing you should buy is a book to read on financial markets. Spend some time on internet forums like www.iii.co.uk

If you take a risk, you can get somewhere. If you hold on to your money, chances are you will be the proud owner of 10k in 10 yrs time, welldone.

Life is a gamble, even getting out of bed in the morning is a risk. So you mite aswell consciously play the game you are unconciously forced to play anyway.

Internet trading is a great advantage these days, as it allows you to be the independent decision maker and make far more profit then 7-10% in an investment account.

Every Irish broker is a rip off in Ireland, but Davy has the lowest fees and charges according to the financial regulator.

However, there's nothing going on in the irish market, just some tumble weeds blowing around waiting for the next celtic tiger to come along. Ireland inc is bankrupt, for now anyway.

The london stock exchange is just as accessible as the Irish stock exchange, but has exciting movement everyday and stock from companies all over the world.

If I had some cash lying around, I would buy cheap oil companies that are test drilling at the moment. Cheap mining companies. Wind power and solar stocks, very cheap right now. And maybe a bank or 2. Dont touch AIB or BOI in my opinion.

Have some fun with it, and learn alot too.

its only money!

pog it

Name specific stocks if you are going down this line of advice?

General advice is great but the OP will need more to go on if they are to invest

also ... Davy ain't the cheapest broker in Ireland anymore.

TD Waterhouse is.

Be Do Have

pog it wrote: »

Name specific stocks if you are going down this line of advice?

General advice is great but the OP will need more to go on if they are to invest

also ... Davy ain't the cheapest broker in Ireland anymore.

TD Waterhouse is.

Well I was going to wait for the OP to ask for more details if he/she is interested further. But if you must know..
LD41.F LDK SOLAR SP ADR

PVCS.L PV CRYSTALOX SOLAR

SUZLON.BO SUZLONENERGY

RKH.L ROCKHOPPER EXPLOR

ARRC.F ARCELORMTL NY REG

GKP.L GULF KEYSTONE

AMC.L AMUR MINERALS

GOO.L GOLD OIL

BOR.L BORDERS & SOUTH PET

FOGL.L FALKLAND OIL & GAS

DES.L DESIRE PETROLEUM

VIY.L VIALOGY

RBS.L ROYAL BK SCOTL GR

LLOY.L LLOYDS BANKING GRP


Happy buying!

P.s what has your hand got then? hmmm?

pog it

a handful

For investment now and if you are up for a little risk play, then if I had to offer up two shares for the OP to go and do more research on:

DPTR: Delta Petroleum
MELA: Electro-optical sciences


to OP: I'm only mentioning these since I'm having a lot of beginners luck in a sense to date, but I am no way experienced in trading so I would 100% say to make your own decisions

Be Do Have

Good advice there. Im only a begginer too. Its great fun trading on a rising market so far, god help us when things actually normalize thou.
Oh, and dont go near spread betting either, unless you want to lose your shirt

Kanedmick

Just to note, back in October I suggested buying dollars:

10,000e would have bought 15,000$ approx.
15,000$ bought you 11,111 about a week ago approx.
= 9-11% return in 6 months.

pog it

Kanedmick wrote: »

Just to note, back in October I suggested buying dollars:

10,000e would have bought 15,000$ approx.
15,000$ bought you 11,111 about a week ago approx.
= 9-11% return in 6 months.

Dude.. DPTR is up in the region of 30% :