Where to invest 10k

Discussion in 'Share Investing Strategies, Theories & Education' started by joel, 27th Mar, 2016.

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  1. JDP1

    JDP1 Well-Known Member

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    JDP1, 5th Apr, 2016
    #21
  2. larrylarry

    larrylarry Well-Known Member

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    larrylarry, 5th Apr, 2016
    #22
  3. JDP1

    JDP1 Well-Known Member

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    Cant say..depends on your age/risk profile , how it fits with what else you have etc.
    Disclaimer: I hold vanlstg.
    During the equities boom it did almost 70% in a few yrs before pulling back a bit in line with cyclical activity. When the next equities boom comes around, it will make sydney look like a chump :)
     
    JDP1, 5th Apr, 2016
    #23
  4. Bran

    Bran Well-Known Member

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    What? (Edit : what is your prediction based on past growth, DRP, regular conts etc)
    I'm tempted for my wife to tip 10k into the high risk, I mean growth fund.

    Most importantly, it may spark his investment interest and be just the start of it.
     
    Bran, 5th Apr, 2016
    #24
  5. larrylarry

    larrylarry Well-Known Member

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    No I wasn't asking which fund to buy in nut which fund you were referring to when you cited the 2 funds earlier. I can't see those ones you mentioned on vanguard website.
     
    larrylarry, 5th Apr, 2016
    #25
  6. Guest

    Guest Guest

    Could the $10k go towards improving your brothers wage (e.g. training/certificates)? Might payoff well more than the fund.

    $10k would probably get you a larger slice of all the gold in the world than it would of any other asset class... a few ounces of gold in your hand might not seem like a lot, but when you consider all the gold in the world would fit in a 20m cube it doesn't seem as bad :p

    [​IMG]
     
    Guest, 5th Apr, 2016
    #26
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  7. JDP1

    JDP1 Well-Known Member

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    Its listed as a retail index fund as below..
    Vanguard Australia Retail - Investment products

    And xbi is a spider s&p ETF not vanguard..but its awesome.
    xbi - Google Search.. Just the right amount depth vs breath in an industry that will grow. Given the aud is slighly higher thesedays, your money will buy more of this (quoted in usd) , plus biotech have reduced considerably ( despite no material degradation in fundamentals ) in line with cyclical patterns..biotechs are risky that way.and thwre is concentration of sector risk....i would say both of thesr are about 7yr minimun holds.
    however, i would not have a vanguard growth plus xbi..unless you are a sydney investor with a few mil under the couch:)
     
    Last edited: 5th Apr, 2016
    JDP1, 5th Apr, 2016
    #27
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  8. larrylarry

    larrylarry Well-Known Member

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    Thanks. Will have a look at them.
     
    larrylarry, 5th Apr, 2016
    #28
  9. joel

    joel Well-Known Member

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    This.

    I showed him the power of compounding with regular contributions. I suggested adding $30 a week but he wants to contribute more which is good! I used the historical average of ~6%
     
    joel, 5th Apr, 2016
    #29
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