Investing money

[sydneycentric]

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]

you could place it in bonds with high ratings.

 

[sydneycentric]

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

 

[merkur]

..

 

[choowy]

Buy something called a Collateralised Debt Obligation.

 

[sydneycentric]

What banks or funds would be the best to invest in?

 

[robin]

Buy GM and Ford stocks on margin.

 

[justsayno]

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

 

[w.mj]

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.

 

[sydneycentric]

yeah i s'pose so

 

[acidboy]

yes, best to go to an investment consultant.

 

[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.

 

[sydneycentric]

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]

Buy a gun.

 

[sydneycentric]

I dont live in that part of the world.......next......