If one had 10,000 euro to invest forver!

wolfeye

Well ok not forever but at least 20 years plus in long term punt.
I'd like to spend it before i took the one way ticket.

So if one had 10,000 euro to invest in shares one or two companies.
The certs would be throw in a drawer and allowed collect dust and the drawer would not be opened until April 2032.

What one company or two companies shares would one buy?
Dividend reinvestment would be good?

Long term possibly A.I.B or Bank Of Ireland 50% in each?

Unless some one knows the next microsoft?

Maybe Nanotechnology company?

Maybe Oil company?

Or water company?

So when invested i can spend more time day dreaming of what exotic location i can retire to with my millions.:cool:

Pov06

Android by Google.

coylemj

IBM and Coca-Cola.

megafan

wolfeye wrote: »

Well ok not forever but at least 20 years plus in long term punt.
I'd like to spend it before i took the one way ticket.

So if one had 10,000 euro to invest in shares one or two companies.
The certs would be throw in a drawer and allowed collect dust and the drawer would not be opened until April 2032.

What one company or two companies shares would one buy?
Dividend reinvestment would be good?

Long term possibly A.I.B or Bank Of Ireland 50% in each?

Unless some one knows the next microsoft?

Maybe Nanotechnology company?

Maybe Oil company?

Or water company?

So when invested i can spend more time day dreaming of what exotic location i can retire to with my millions.:cool:

Well wolfeye... 10 years ago if asked the same question would have gambled half in "safe" bank shares & maybe risked balance in future technology.. maybe phone companies (Eircom)???:eek:

Amtmann

coylemj wrote: »

IBM and Coca-Cola.

Out of curiosity, why IBM?

coylemj

Amtmann wrote: »

Out of curiosity, why IBM?

They've been around for over 100 years, the share price is currently at an all-time high and they are the darling of long term investors such as pension funds.

Boring? Probably, but the OP wants a 'buy and forget' investment and you can't do much better than Big Blue.

wolfeye

povo6...Android by google, I'd have to buy google shares?

coylemj...Coca-cola,diabetic epidemic and sugar tax comming might affect it?
I.B.M worth looking at ,a solid long term company.

Megafan..I did'nt know wheather to laugh or cry when you mentioned Eircom.I originally intended them to be my long term and forget in drawer stocks and that didnt turn out well :mad:.
Them sexy technology companies didnt do too well either for me.:eek:

So a boring stock is fine.

delux

Yea I think IBM is a good one. Many people think it only makes computers but they're apparently moving from hardware into the software field and getting service contracts etc.. which as we all know there is big money in. It's good to see a big company diversifying like that.

Just a general point about the long term investing though - i'd see this as what my pension is for i.e. put money in and forget about it for 20/30 years. If you have 10K now why not just enjoy it?
Or take a gamble on the Facebook shares in May :cool:

upforit101

Proctor & Gamble
and or Johnson and Johnson.
people will always need the staples of hygeine/healthcare.
I disagree with the earlier poster who implied that because IBM was high it was some kind of atribute.
Buy low is better imo
Wait for a general market index correction of 20-25% (it always happens) and dive in.
Bear in mind the two companies mentioned will probably not fall as much as the general index - because they are such good companies.
Wait for the market to come to you.

wolfeye

Delux...Yup true a pension is a long term investment,but i'd like a back up plan B.
By the time i retire will there even be a goverment contributary pension or will i have to wait till 75 to collect it by then.

The fund for the pension timebomb in the future created by charlie mc creevy has been raided.

Private pensions havent exactely made a mint in the last 10 years.
Most of the profit in them has been just the tax relief one got from putting money in it and tax relief will more than likely reduce in the near future.

Wish we had the tax free saving ISA's like in the U.k.

Yup facebook is a bet,but is it just flavor of the decade and a new social site will take over in the near future.

True one could just enjoy the 10,000 euro but its hard saved and easily spend and one gets tierd of being a wage slave and it would be nice to have 10,000 working for me.

wolfeye

Upforit101...Yup proctor and Gamble , Johnson and johnson look good.
Can one buy the shares and have the dividends reinvested?

upforit101

wolfeye wrote: »

Upforit101...Yup proctor and Gamble , Johnson and johnson look good.
Can one buy the shares and have the dividends reinvested?

As far as I know you can and reinvesting dividends is the best way as it compounds your returns.
Cheers.

upforit101

A good index fund that happens to include proctor & Gamble and J&J.
Imo this fund is perfect for a "set it and forget it" scenario that the op is looking into.
https://personal.vanguard.com/us/FundsSnapshot?FundId=0040&FundIntExt=INT

Month-end ten largest holdings
(20.1% of total net assets) as of 02/29/2012
1 Apple Inc 2 Exxon Mobil Corp 3 Microsoft Corp 4 International Business Machines Corp 5 Chevron Corp 6 General Electric Co 7 Procter & Gamble Co/The 8 AT&T Inc 9 Johnson & Johnson 10 Wells Fargo & Co

willietherock

Berkshire Hathaway. Emerging Markets etf. Small Value etf.

HowFinancial

Whether you put your €10k on technology shares, developed market/developing market equities shares or treasuries you should consider doing so through an AVC. Currently you can receive full tax relief at your marginal rate on your €10k - so €10k Gross investment will give you tax relief at up to 41% i.e. €4,100.
Therefore the €10k investment only ends up costing you €5,900, in net terms.

That gives you just over €4k in your back pocket, and you have €10k in an AVC where you can invest wherever you wish.

This assumes you are paying income tax.
Only drawback is that you cannot access the AVC until you draw your retirement benefits.

wolfeye

upforit101..Are vanguard funds open to irish customers?
Think i read somewhere before you needed minimun of 100,000 euro if you lived in ireland!:eek: Nice low charge index funds,with lots of choice.

Howfinancial..Yup another way of looking at pensions.But it still does not take away most cant keep up with inflation and even if no inflation are losing money.
Even if lose money charged full whack management fees.
Making money due to tax relief is not due to the fund manager.
But i see where your comming from Howfinancial.

upforit101

wolfeye wrote: »

upforit101..Are vanguard funds open to irish customers?
Think i read somewhere before you needed minimun of 100,000 euro if you lived in ireland!:eek: Nice low charge index funds,with lots of choice.

Didn't know that (min 100,000) would need to read the prospectus methinks.

Sonnenblumen

HowFinancial wrote: »

Whether you put your €10k on technology shares, developed market/developing market equities shares or treasuries you should consider doing so through an AVC. Currently you can receive full tax relief at your marginal rate on your €10k - so €10k Gross investment will give you tax relief at up to 41% i.e. €4,100.
Therefore the €10k investment only ends up costing you €5,900, in net terms.

That gives you just over €4k in your back pocket, and you have €10k in an AVC where you can invest wherever you wish.

This assumes you are paying income tax.
Only drawback is that you cannot access the AVC until you draw your retirement benefits.

Investing lump sums in AVC/Pension funds is poor advice. The tax credit is one of the main reasons why many have been conned, which in effect is only a tax deferrment! Also pension funds perorm poorly, most lose money or fail to match or stay ahead of inflation. A cew make money but in nett terms the value to punter is very low. Also access to funds at drawdown is limited. Pension planning is a rogue trade populated by many commission based amateurs with self interest (sell what makes greatest commission) always ahead of client returns.

Direct investment is the way to go. Client retains full control, ready access to all investments at any time and no annual commission fees.

OP - 2 sectors not mentioned are major food producers (so many to choose from but look at European cos) and major retailers (Tesco). Solid global blue chip stocks with fairly steady share price on gradual appreciation and most paying good divis. A no brainer for anyone wishing to diversify or seek 'safe havens' for lump sums.

SunnyDub1

Apple

Microsoft

wolfeye

sonnenblumen...i hear you loud.Been there.
Had an Avc before when i was pension fund illiterate.
It was one of them old fashioned ones with unit price fees ,accumulating units price fees ,bid spead offers,monthly fee and 50% commision on first year and 50% commision of the 5% increase added to fund each year to allow for inflation.
I was paying for this guys pension not mine!!:mad:
Then the chicken bone in my throat was the HUGE transfer fee to get out of it!
I got out of it and learned an expensive lesson.

Yes food producers and retailers like tesco..people like to eat.Good one.




sunnydub1..yup apple could be worth a punt 600$ at moment and in future maybe 1000$? sitting on a cash pile.

moe_sizlak

SunnyDub1 wrote: »

Apple

six months ago , most definatley but its gone up 50% since november , not saying it cant go higher but its rise of late has been parabolic

upforit101

moe_sizlak wrote: »

but its rise of late has been parabolic

A good short???
The $1,000 "here we come" chorus from the analysts has all the hallmarks of a mania.

Red Crow

SunnyDub1 wrote: »

Apple

Long term? Why?

HowFinancial

wolfeye: From above appears you were badly bitten with pension providers & pension investments in the past. I completely agree, it is vital to look into what fees you are paying and flexibility for future fund switches as well as when you want the money out e.t.c. One thing thou, it is important to note that you can invest in pretty much anything you like through pension vehicles. It really is worth shopping around a little, you might be pleasantly surprised!

The Irish Riddler

willietherock wrote: »

Berkshire Hathaway. Emerging Markets etf. Small Value etf.

without buffet?

Cavehill Red

Silver, Gold, Platinum.
Rare earths exposure would also be good if you could get it.

Why precious metals for a long term 'buy and forget' investment?

In 1914 the sterling value of an ounce of gold bought a tailor coutured suit in Jermyn Street in London. It still does. However, that suit (or ounce of gold) cost £3, 17 shillings in 1914, and over £1,000 today.

That's why.

wolfeye

Cavehill Red...true a long term bet.

That's untill they have space cargo ships and off world mining and the stuff is imported to earth .:P
But wont worry me, wont happen in my life time me thinks!

Max_Charger

I've been doing alot of research lately and i like the idea of investing in companies i have an interest in unlike oil and mining zzzzzzz... As a result tech/engineering companies have been my focus and i think the future is going to be in 3D printing (Youtube it!) . A company called 3D systems corp have taken my fancy and I've put in a heavy investment in them and I'm not touching it for a long time

wolfeye

max _charger ..thats interesting.These machines can self replicate their own parts.
Give them artifical intelligence..And soon the Terminators from the movies will become real.
Here comes the rise of the machines me thinks.

Max_Charger

3D systems corp was up circa 12.5% at one stage today,looks like it'll settle around up 7% mark for the day, the other 3D printing company called Stratasys, Inc i was looking at was up circa 22% peak and is now hovering around 15%.
Give it 15-20 years and everyone will have a 3D printer at home.
Meanwhile, both Apple and Google are taking an absolute hammering.