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Investing money

sydneycentric

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Could anyone suggest a bank or any other financial fund in the world where I can put a sum of (AUD) money to grow over a period of time? I understand its a difficult time in the financial market but I need to start putting away some of the hard earned instead of investing it on quality clothing.
 

acidboy

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you could place it in bonds with high ratings.
 

sydneycentric

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I know next to nothing about finance and how to invest money. Tell me more....
 

choowy

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Buy something called a Collateralised Debt Obligation.
 

robin

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Buy GM and Ford stocks on margin.
 

justsayno

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the last place you want to get investment advise is from the internet board, much less a clothing forum.
 

w.mj

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Originally Posted by justsayno
the last place you want to get investment advise is from the internet board, much less a clothing forum.

Well put.

I might also add that it's unclear that anyone can systematically outperform the market unless investing x>$10m.
 

acidboy

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yes, best to go to an investment consultant.
 

TheGreek

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Depending on how much money you have to put away, Id suggest a swiss/ or off-shore bank account. Again, depending on the amount, you could earn very nice percentage.
 

sydneycentric

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Originally Posted by TheGreek
Depending on how much money you have to put away, Id suggest a swiss/ or off-shore bank account. Again, depending on the amount, you could earn very nice percentage.

Yes I was thinking the same thing. Which banks would be the best to start an account with in that regard?
 

dkzzzz

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Buy a gun.
 

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