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Investing 100000k

  • 01-02-2016 6:50pm
    #1
    1gunsnroses
    Registered Users Posts: 76 ✭✭


    Hi any thoughts on how to make guaranteed profit on 100000 euros


Comments

  • #2
    fret_wimp2
    Registered Users Posts: 1,905 ✭✭✭fret_wimp2


    Put it in a savings account and accrue small amounts of interest over time.
    Guaranteed profits.


  • #3
    Speedwell
    Registered Users Posts: 3,809 ✭✭✭Speedwell


    If your thought is that the value of the currency will decline over time, and you would like to preserve its value in order to accomplish a later goal, start buying toward your goal now. For example, if I wanted to build a house in the future, and I knew that the value of my retirement savings (which happens to be in USD) would decline significantly over the 5-year period (say) that I knew would pass before I could start my building project, I could still buy durable supplies and equipment now while the value of my money is high, rather than waiting the 5 years and attempting to purchase the supplies and equipment at inflated prices while the value of my money is low. Assuming a steep enough decline in currency value (such as what has been happening with the dollar over an extended period of time), you will absolutely realize much more for your money than you would gain by holding on to it and getting a very low cash return (such as a savings account).


  • #4
    Roadtoad
    Registered Users Posts: 743 ✭✭✭Roadtoad


    Use the George Best method, and buy a boat with the profits.


  • #5
    diomed
    Closed Accounts Posts: 4,744 ✭✭✭diomed


    http://www.statesavings.ie/products/Pages/SavingsBonds.aspx

    You can park the money there for a few years. The stock market is on the slide. When the Dow Jones falls to 11,000 you should open an account with a stockbroker and put the money into that account, and wait. Check what percentage the broker charges on transactions before you open the account.

    When the stock market panics, and everyone says shares are a bad investment, then it is time to invest. I suggest investing in about three amounts. The market might still go down after the first investment. That does not mean you have lost, it means shares are cheaper.
    Do not invest in technology: internet; social media; computers; aviation; pharmaceuticals; banking, property, or whatever is invented in the next few years (everyone knows about it, it is overpriced). Invest in companies that make soap; toothpaste; soft drinks; mill flour; washing powder - the boring stuff we will always need.

    While you are waiting (and you must wait) read a few books.


  • #6
    JohnnyChimpo
    Registered Users Posts: 1,074 ✭✭✭JohnnyChimpo


    Investing in an unmanaged, index linked fund via a reputable broker, and internalising the principle of dollar-cost averaging.


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  • #7
    diomed
    Closed Accounts Posts: 4,744 ✭✭✭diomed


    That fund linked to an index will go down when the market goes down in the next few years (yes it will). Your investment will lose.


  • #8
    JohnnyChimpo
    Registered Users Posts: 1,074 ✭✭✭JohnnyChimpo


    diomed wrote: »
    That fund linked to an index will go down when the market goes down in the next few years (yes it will). Your investment will lose.

    Measuring investments in years rather than decades is how you lose money


  • #9
    diomed
    Closed Accounts Posts: 4,744 ✭✭✭diomed


    JohnnyChimpo wrote: »
    Measuring investments in years rather than decades is how you lose money
    But I won! +100%


  • #10
    filbert the fox
    Registered Users Posts: 809 ✭✭✭filbert the fox


    1gunsnroses wrote: »
    Hi any thoughts on how to make guaranteed profit on 100000 euros

    As you have placed this in the Gambling forum all you have to do is to pick the right option.

    You can play safe and make a small gain on State savings as above.

    I'd diversify and place the majority on a vintage car.

    If you want risk put it all on red in your local casino......Guaranteed to win ................................................if red comes up. :eek:


  • #11
    diomed
    Closed Accounts Posts: 4,744 ✭✭✭diomed


    filbert the fox wrote: »
    If you want risk put it all on red in your local casino......Guaranteed to win ................................................if red comes up. :eek:
    http://www.pedigreequery.com/red+comes+up


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  • #12
    filbert the fox
    Registered Users Posts: 809 ✭✭✭filbert the fox


    diomed wrote: »
    http://www.pedigreequery.com/red+comes+up

    While we're on the subject - the outsider in a 3 horse race!


  • #13
    Charity10k
    Registered Users Posts: 35 ✭Charity10k


    Everyone is different depending on tolerance for risk and knowledge.

    It sounds like you should invest in state savings bonds.


  • #14
    moneymad
    Registered Users Posts: 882 ✭✭✭moneymad


    1gunsnroses wrote: »
    Hi any thoughts on how to make guaranteed profit on 100000 euros

    US treasury bonds going forward.


  • #15
    Charity10k
    Registered Users Posts: 35 ✭Charity10k


    moneymad wrote: »
    US treasury bonds going forward.

    You're taking on a currency exchange risk with US Treasury Bonds. Why do you think they are the best option now?


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