20,000 euro to invest, but where???

skipz

Right i dont really have 20 grand to invest but for arguements sake if you had the 20,000 to invest in a company, mainly a irish company, were would you invest?
For me I think id invest in a company that was to explore and extract gold from Ireland. In the 90's a friend of my fathers invested in a gold mining company in Western Australia and is now quite the wealthy man living a high end life in Perth.
Gold prices are always on the up and new gold means money!

What Irish investment do you think you would you would stick your money on??

snubbleste

property, obviously.

Ali Babba

snubbleste wrote: »

property, obviously.

You're joking, right? Property's still in free fall and will be for another two years at least.

iPlop

snubbleste wrote: »

property, obviously.

Safe as houses as they say:pac:

Quazzie

skipz wrote: »

Right i dont really have 20 grand to invest but for arguements sake if you had the 20,000 to invest in a company, mainly a irish company, were would you invest?
For me I think id invest in a company that was to explore and extract gold from Ireland. In the 90's a friend of my fathers invested in a gold mining company in Western Australia and is now quite the wealthy man living a high end life in Perth.
Gold prices are always on the up and new gold means money!

What Irish investment do you think you would you would stick your money on??

Firstly. There is Gold in Australia and thats why your friend's father got rich. The same cannot be said for Ireland. There is no guarantee of success.

Secondly. Gold prices only rise with inflation and most rises are temporary so you'd be more likely to earn money playing the markets as you would from mining.

Thirdly. Invest in shares in pumpkins, but don't sell till November.

orourkeda

Porn. €20,000 and you could **** yourself to death

Aodan83

skipz wrote: »

For me I think id invest in a company that was to explore and extract gold from Ireland.

I'd prefer if they kept it in the country to be honest, might as well have something nice like!
I hear Usit are doing great trade these days though, couldn't hurt to see if you can get a piece of that action!

Tubsandtiles

Give me the money and I 'll pay you back next week

skipz

Quazzie wrote: »

Firstly. There is Gold in Australia and thats why your friend's father got rich. The same cannot be said for Ireland. There is no guarantee of success.

Theres gold everywere, sometimes down wells!
Just have to find it.

Ali Babba

skipz wrote: »

For me I think id invest in a company that was to explore and extract gold from Ireland. In the 90's a friend of my fathers invested in a gold mining company in Western Australia and is now quite the wealthy man living a high end life in Perth.
Gold prices are always on the up and new gold means money!

What Irish investment do you think you would you would stick your money on??

I doubt i'd invest in anything Irish for now at least, there are still a few banks and credit unions to be bailed out on top of what's already owed to the IMF etc. so there won't be market stability in Ireland for a very long time.

Mr Benevolent

Hookers. Hookers and coke. Why would you need anything else? Alternatively buy a great car, not a sh!tty bog-spec Golf.

snubbleste

skipz wrote: »

Theres gold everywere, sometimes down wells!
Just have to find it.

Aye tis true, those leprechauns have pots of gold everywhere.

si_guru

What I would do is setup Wonga.ie ...

https://www.wonga.com/

Legal robbery.

Ali Babba

Maybe consider investing in the Shell gas fields off the west coast, after all they got it for nothing from our beloved government, they can only make money from this venture, not that the Irish public will see any of it..........

Why Ireland OP? I'm all for the exploration companies but surely there's a better place.

Aodan83

si_guru wrote: »

What I would do is setup Wonga.ie ...

https://www.wonga.com/

Legal robbery.

Is that 4000% APR? Fcuking hell. How is that legal!?

cml387

There's gold in the mountains,
Gold in the valleys
Gold in the rivers and gold in the sea.

Fortunes are waiting
For men to claim them
But only the heartaches are waiting for me.


So I'd avoid gold.

Fremen

Seems to me that there's a bubble in gold prices at the moment. Plain old inflation isn't scary enough to keep gold at its current levels, since you can always buy inflation linked bonds. The economy is on its way toward recovering (although everyone took a hit because of the snow).

When you start to hear random boardsies talking about putting twenty thousand quid into gold, you know it's time to sell up.

OP, think about putting your money into an iShares or Lyxor ETF. An ETF is a company whose whole purpose is to own shares in a load of other companies. It's a bit less risky than owning shares in a single company. They're also much cheaper to invest in than your usual fund offered by AIB, say, who would take around 1.5% for themselves each year.

AH response:
JAM!!!! BUY JAM!!!!!!

Celly Smunt

hold out until the 15th of febuary then buy roses,lots of roses

mp3kid

Build a new Las Vegas up in Donegal

skipz

Deleted User wrote: »

Why Ireland OP? I'm all for the exploration companies but surely there's a better place.

There is better places but for the sake of more employment to the country id like to think id keep it Irish.

dolphin city

put it in the post office and in ten years it will be worth 40,000

hal9000

pumpkins!!

jester77

Put the money into a banana stand

mp3kid

dolphin city wrote: »

put it in the post office and in ten years it will be worth 40,000

Not according to the post office:

National Solidarity Bond 50% Gross return over 10 years, AER 4.14%,

Made up of an annual interest payment of 1% p.a.,
subject to DIRT, and a final tax free lump sum bonus payment of 40%.

Plazaman

mp3kid wrote: »

Build a new our own Las Vegas up in the hills of Donegal

Corrected.... now away we go

Diddly eye dat da
Da da da da
Diddly eye dat diddly attala da
(x 2)

biko

Tulips bulbs. It can happen again.

In 1634 the rage among the Dutch to possess tulip bulbs was so great that the ordinary industry of the country was neglected ... the population, even to its lowest dregs, embarked in the tulip trade

Mark200

Ali Babba wrote: »

Maybe consider investing in the Shell gas fields off the west coast, after all they got it for nothing from our beloved government, they can only make money from this venture, not that the Irish public will see any of it..........

I'm sick of people saying this.

First of all, Shell didn't get it "for nothing". They paid huge amounts of money and took on all the risks of exploring for gas off the coast of Ireland. They didn't know it was there.

Second of all, the Government are taxing them on the revenue they get from the gas.

De Hipster

skipz wrote: »

Theres gold everywere...Just have to find it.

Down the back of your sofa, kitchen drawers ...we'll convert your old worthless gold to CASH.

Just post it to:
Me @ The Gold4CASH Honest to goodness people,
Honest Lane,
Hopesville,
Honesty City,
Ireland.

dolphin city

mp3kid wrote: »

Not according to the post office:

National Solidarity Bond 50% Gross return over 10 years, AER 4.14%,

Made up of an annual interest payment of 1% p.a.,
subject to DIRT, and a final tax free lump sum bonus payment of 40%.

i knew there was a catch.

Lauder

Some cheap advice for you - don't ignore property completely, so very good assets available, but go for some of the innovative new property assets such as London based REITS, performing very well and did well even through the financial crisis. Returns in between that of gilts and equities, with risk only slight higher than gilts, far less volatility than equities and most importantly tax efficient!

Would also suggest (for a more traditional option) looking at REO (Real Estate Opportunities - of Treasury holdings fame) shares. Some very lucrative options for them at the moment, shares would be expected to grow with the improvement in the Battersea project.

Irish market doesnt give you too many opportunities at the moment with only 20g. Some great deals in Ireland for Prime Commercial property, sub 3million sector doing well and returns up.

The Paws

Can you start "own business" for that €20,000 amount to develop say a new coffee shop??

Anything to do with food production would be a fairly safe bet, one of the few things that Irelands actually good at and not dependant on foreign companies "headquatered" here for tax reasons.

[AH-answer]
a Steorn sex doll, it doesn't need batteries as it captures your movements to power itself!


[/AH-answer]

Sanjuro

Hello to you, OP.

I represent dead king of Nigeria and I have wonderful propppositions for you...

RichieC

Weapons, private prison or security company's.

Our losses are your winnings! TM

Voodu Child

You should invest in those new talking bank notes. Thats where the smart money is.

TPD

Aodan83 wrote: »

Is that 4000% APR? Fcuking hell. How is that legal!?

Considering you'd only go to a place like that for a loan lasting 2-4 weeks, it's not anywhere near as scary as it sounds.

I still wouldn't though.

skyhighflyer

If I had time, money and the knowledge to do so, I'd like to identify the electronics companies who've invested most heavily in 3D TV and short the hell out of their shares. That thing's never gonna take off.

paky

skipz wrote: »

Right i dont really have 20 grand to invest but for arguements sake if you had the 20,000 to invest in a company, mainly a irish company, were would you invest?
For me I think id invest in a company that was to explore and extract gold from Ireland. In the 90's a friend of my fathers invested in a gold mining company in Western Australia and is now quite the wealthy man living a high end life in Perth.
Gold prices are always on the up and new gold means money!

What Irish investment do you think you would you would stick your money on??

invest in cocaine. theres always a market for that and the returns are quite high. fligh directly to south america and pay some black guy to be a drugs mule. i heard you can get bars of coke in bolivia from between 1000-5000 euro. if the drug mule successfully transpots the coke to ireland, fingers crossed the condoms dont burst in his stomach, you can sell your bars of coke from between 30000-60000 euro. that my friend is serious dough

Retrovertigo

jester77 wrote: »

Put the money into a banana stand

There's always money in the banana stand.

Lumen

I would start a sammich shop in Dublin city centre.

Rent somewhere nice and cheap, undercut the incumbents on UORR.

Keith186

Nigerian princes give a great return on investments I hear.

Capt'n Midnight

Aodan83 wrote: »

Is that 4000% APR? Fcuking hell. How is that legal!?

The best bit is if you can get them to use the family home as collateral. Then you can foreclose and really make money.

paky

Maximiliano Inexpensive Tenure wrote: »

There is bog all money in coke now. Ask any detective. Kilo of pure here is about 30 - 33grand. Them figures are crazy son.

30000 b4 its cut...;)

skipz

paky wrote: »

30000 b4 its cut...;)

+3000 on baking powder and nurofen....;)

bbsrs

skyhighflyer wrote: »

If I had time, money and the knowledge to do so, I'd like to identify the electronics companies who've invested most heavily in 3D TV and short the hell out of their shares. That thing's never gonna take off.

You were right 3d TV is dead in the water.

SweepTheLeg

2 years on. Where did you invest the money lad?

L.Jenkins

Put your 20k into my account. I'll turn a profit on it. :P Coke and hookers for the win

Chucken

bbsrs wrote: »

You were right 3d TV is dead in the water.

A bit like this thread eh?

SweepTheLeg

SweepTheLeg wrote: »

2 years on. Where did you invest the money lad?

WIne, women & song and I squandered the rest.

GobBass

Soy,clearly.