All Topics / Finance / What are the best investment options?

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  • Profile photo of johnhowardfundaujohnhowardfundau
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    @johnhowardfundau
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    Anyone could suggest to me what are the best investment options? What do u mean by investment?

    Profile photo of BennyBenny
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    @benny
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    Seriously?  :(

    What do you mean by “best”?   Cheapest?  Safest?  Best return?  Easiest?

     

    Benny

    Profile photo of TerrywTerryw
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    @terryw
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    Thats like asking what the best food is. Ice cream – but not so good for breakfast perhaps.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    https://terryw.com.au/
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    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://Terryw.com.au/

    Profile photo of CashHouseBuyerCashHouseBuyer
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    Thats like asking what the best food is. Ice cream – but not so good for breakfast perhaps.

    Well said.  I will add that based on the nature of your question I would say the best investment you could make is in education. I am not saying to pay a guru or go to expensive seminars. I am am just saying start reading books and forums like this.

    CashHouseBuyer | NOLA Cash House Buyer
    https://www.nolacashhousebuyer.com/

    Property Flipper and Landlord

    Profile photo of ChaintopChaintop
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    This reply has been reported for inappropriate content.

    Are you interested in long-term investment or…? Even though I’m not sure what do you actually mean, I’ll do my best to give you a proper answer. By investment, people are often referring to buy an asset that can help them gain profit over a period of time. Or, as it’s often known: passive income. Most people invested in the property over the years, and by renting them, they earn a profit. This requires the most money, in my opinion. Nowadays, people often invest in cryptocurrencies and buy shares. Another great way of investment is in forex trading. The last it’s what I personally do. I invest in forextb.com, and so far, I have made some money. It took me months to understand how it works, and I still have many things to learn. I hope this was helpful.

    • This reply was modified 6 months ago by Profile photo of Chaintop Chaintop.
    Profile photo of StevenSteven
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    @steven1982
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    I would say the best investment you could make is in education

    This.

    Also per one of my posts in the forum.

    Work out what you want to achieve first, then work out a strategy that aligns with your goal (eg: if you want to live of 20+ IPs passive income and be able to quit your job, then the strategy of buying negative gearing IPs probably isn’t going to align with your goal very well).

    Then find the right suburb / area that can work based on both your strategy and your finance.

    Only then start looking for specific properties.

    Profile photo of Colin RiceColin Rice
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    @fms
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    There are three basic investment vehicles;

    1. Property
    2. Shares
    3. Term deposits

    Best to start educating yourself around these vehicles and how to drive them.

    Colin Rice | CDR Finance
    http://cdrfinance.com.au/
    Email Me | Phone Me

    Perth Based Mortgage Broker - Investment Property Finance Specialist | E: [email protected]

    Profile photo of KirenLawrKirenLawr
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    @kirenlawr
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    At this point, is overriding to decide where to invest money, at this depends your dividends. For example, my father learned my to invest in Real Estate Syndication

    Profile photo of AmardananAmardanan
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    Should I invest in Forex, or is that just stupid? I have been trading with stocks, and it’s a fairly successful endeavor for me. I have some money saved up, and I wanted to try out trading with forex. My broker offers forex trading too, and it would be easy to do it. I will download software from their website if I decide to do it.
    The problem for me is that a lot of people say bad stuff about forex. That scares me a little bit because I don’t want to lose my money just like that. I will have to look into it more. I might just decide to continue trading in the stock market. It’s a safer option.

    • This reply was modified 3 weeks, 6 days ago by Profile photo of Amardanan Amardanan.
    Profile photo of JasmineHartJasmineHart
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    @jasminehart
    Join Date: 2021
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    Should I invest in Forex, or is that just stupid? I have been trading with stocks, and it’s a fairly successful endeavor for me. I have some money saved up, and I wanted to try out trading with forex. My broker offers forex trading too, and it would be easy to do it. I will download software from their website if I decide to do it. The problem for me is that a lot of people say bad stuff about forex. That scares me a little bit because I don’t want to lose my money just like that. I will have to look into it more. I might just decide to continue trading in the stock market. It’s a safer option.

    Stick to stocks, it’s a better option than forex.

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