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Thread: Where to park the money in time like this.....

  1. #21
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    Default Re: Where to park the money in time like this.....

    try ocbc pref shares. dividend at 5.1%. but heard its close on placement already. can try your luck on atm balloting.
    Games of Thrones.....

  2. #22
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    Default Re: Where to park the money in time like this.....

    Quote Originally Posted by s598719 View Post
    ...put $ into something with limited supply but rising demand like

    .............fine wines.


    Always make $.


    Wines is a good choice. But need storage and I can't resist the temptation of drinking them.

    Heard those tea cakes in China return much higher ley.

    http://thestar.com.my/lifestyle/stor...sec=lifeliving

  3. #23

    Default Re: Where to park the money in time like this.....

    Quote Originally Posted by Benign View Post
    omg...

    must go back check the statement....

    Stress Man @ work... :bigeyes:

  4. #24
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    Default Re: Where to park the money in time like this.....

    Quote Originally Posted by Sion View Post
    Invest in high MP DSLRs and prime lenses.

    Not afghan girl meh

  5. #25

    Default Re: Where to park the money in time like this.....

    Quote Originally Posted by Benign View Post

    Please don't tell me to invest in cameras and lenses
    park it with moi.


  6. #26
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    Default Re: Where to park the money in time like this.....

    Quote Originally Posted by Benign View Post
    Err, not familiar with bonds, commodities lor. Anything speculative is out of the question

    I very kiasi, kiasu one. I don't mind gold. But the price went up so much already. Can still go up?
    Look at the value of Gold 20yrs ago.
    Now look at the value of Gold now.
    Next, imagine the value of Gold 20yrs from today.

    What do u think?

    Of cos, some ppl's face turns blue from laughter when I tell them abt this. But they are short-term speculators, not exactly long term investors. Different people, different strategy. The trick to long term strategy is never to time the market.

  7. #27
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    Default Re: Where to park the money in time like this.....

    Quote Originally Posted by jsbn View Post
    Look at the value of Gold 20yrs ago.
    Now look at the value of Gold now.
    Next, imagine the value of Gold 20yrs from today.

    What do u think?

    Of cos, some ppl's face turns blue from laughter when I tell them abt this. But they are short-term speculators, not exactly long term investors. Different people, different strategy. The trick to long term strategy is never to time the market.

    I really don't fancy putting all the eggs in one basket mah.

    In fact, if I am game....... I should be buying stocks that will be badly affected by this crisis (stagflation). Then wait for recovery.

    If you are talking about really long term (20 years or so), then you better invest in property with good location liao.
    However, my personal experience told me otherwise.
    A property 13 years back in M'sia. The price was 200k plus. Today market value? Slightly above 400k. We are talking about not even 100% return here.

    But for a 100k house in Melbourne 13 years back, today the same house is easily worth more than 270k++.

    Every investment is about risk. lower or higher the risk niah...... Even keeping the money in Aud today and earn high interest sounds logical and safe. Then, how about the Aussie dollar is already at or near its highest since floated in 1983 against the USD. What if by the time we earn the interest at 8% per annun. But the Aud has fallen against the USD by something like 10%.

    Enough said.....it is all about fate

    Think I will keep the $ in the biscuit tin and buried it for another hundred year.
    Last edited by Benign; 4th June 2008 at 06:21 PM.

  8. #28
    Senior Member Sion's Avatar
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    Default Re: Where to park the money in time like this.....

    Quote Originally Posted by garou12 View Post
    biscuit tin under the bed!
    Invest in the shares of the Chinese contruction company that plans to rebuild The Great Wall.

  9. #29

    Default Re: Where to park the money in time like this.....

    If so scared of inflation outstripping your returns, spend it then. This means that you buy now while it is cheaper instead of buyinh in the future when things become more expensive.

  10. #30

    Default Re: Where to park the money in time like this.....

    hehe.. join e discussion..

    bonds/money mkt fund ok for short term capital preservation .. but realli for long term hedge agt inflation, bonds dun do a good job. unless say like inflation linked bonds in US. think in Sg, dun have (correct me if there is)

    as mentioned, diversified portfolio (incl. mutual funds mix of equities, bonds, commodities, direct holdings in dividend stocks, blue chips, REITs, business trusts, ETFs) will provide steady better returns in long term.

    note on forex (if Sg investor).. is tt gotta factor in currency volatility over FD period, bank exchange rate spread and whether the net interest payable will still make your worth to place in AUD/NZD FDs..

    happy investing!

  11. #31

    Default Re: Where to park the money in time like this.....

    Quote Originally Posted by jsbn View Post
    Look at the value of Gold 20yrs ago.
    Now look at the value of Gold now.
    Next, imagine the value of Gold 20yrs from today.

    What do u think?

    Of cos, some ppl's face turns blue from laughter when I tell them abt this. But they are short-term speculators, not exactly long term investors. Different people, different strategy. The trick to long term strategy is never to time the market.
    Know of a good website that tracks the value of gold?

  12. #32

    Default Re: Where to park the money in time like this.....

    Singapore can put FD in aussie currency meh? at their FD rates?

  13. #33

    Default Re: Where to park the money in time like this.....

    i understand hsbc n ocbc hv quite attractive rates (both in terms of interest n currency exchange)
    ocbc min is 5k of e invested currency

    do ur own due dilligence..

  14. #34
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    Default Re: Where to park the money in time like this.....

    Quote Originally Posted by plsoong View Post
    Singapore can put FD in aussie currency meh? at their FD rates?
    yes, not at exactly their rates (bank sucks off a portion of it obviously), but close to it. check out maybank, my dad said it offers one of the best rates in town.

  15. #35

    Default Re: Where to park the money in time like this.....

    Quote Originally Posted by k3nn3th03 View Post
    omg...

    must go back check the statement....



    NAB only give me 4.6%..,.!!!!!!
    Stress Man @ work... :bigeyes:

  16. #36
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    Default Re: Where to park the money in time like this.....

    Since you're in Aus, can take a look at www.ingdirect.com.au. They're having a current promotional rate on their savings maximiser account (basically an onlien savings account and you can withdraw any time) - 7.9% up until end Sept 2008, after which it will go back down to their standard rate (which is currently at 6.9%). Or you can go for their term deposits - 180 day term deposit is returning 8.15%. 7.9% is bloody good (even 6.9% is) for a savings account with no fees and withdrawal anytime.

    You can only apply if you're an Australian resident for taxation purposes.

    For people in Singapore, can take a look at the HSBC multi-currency savings account and park it in AUD. Though have to consider forex costs when you want to convert back to SGD, but the interest rates are not bad (4.55% - 5.15% depending on amount) or higher if you go for time deposits.

  17. #37

    Default Re: Where to park the money in time like this.....

    FYI

    DBS rates ... for Aud its approx 7 %
    min deposit is Sgd 5000

    http://www.dbs.com.sg/ratesonline/fdacu.html

    ..

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