Guys I'm in process of putting my pensions into one pot and i decided to do this with a SIPP ( I live in UK ) I'm in my late 30's and want to try and turn my pension fund into something worthwhile for when I'm older, but I'm complete novice at this stocks & shares etc. I have around $100000 (US) to play with and if I could cash out (but can't in UK ) I would get more physical silver & gold, but as this is not an option I'm treating this adventure as a game of poker and have this $100000 as chips to play with ! Any advice would be fantastic as many of you are far more advanced than me - any good buys around ??? I was thinking of oil & junior mining but need help as to not blow my chips early !!!!!
There could be very good buying opportunities for Australian stocks if we see another GFC. It could be a good time to hold cash, the pound is strong as is the Australian dollar. Perhaps buying stocks that don't have limited exposure to Europe could be a good opportunity if we see a major correction in the stock market. A few Australian stocks to keep in mind for the long-term, if a correction did occur, would be: Woolworths Limited - WOW http://www.woolworthslimited.com.au/page/Invest_In_Us/Shareholder_Centre/Payments/Dividend_Payments/ Telstra - TLS (Fully Franked dividend) http://www.telstra.com.au/abouttelstra/investor/my-shareholding/dividends/ Caltex - CTX (Fully Franked dividend) http://www.caltex.com.au/INVESTORCENTRE/Pages/Dividends.aspx And of course, don't forget platinum! Source:
Im looking to invest in the stock market as well but Im waiting to see if the fiscal cliff brings some bargains. Im looking at dollar general ford visa corning glass smith and wesson and kong shots at nokia and rim. I dont know anyrhing abput the stock market just my gut acting up. I think fords newer inexpensive line up may do well in tough times as well as diacount retailers food essentials credit card companies and smith and wesson has taken a big hit after the school shooting after impressive . nokia and rin are gambles I actually really looked hard at rim last year at around 6.50 shouldve bought as it went up 120 percent in 3 months. The stock market scares the bejesus out of me but you look at the money ou could have made off the last crash and itd be hard to not buy in if we see a big drop this year.
I've just dipped my toe into the water with my SMSF here in Australia. It's tempting to just jump in, but you need to do a lot of reading first. Even if you get something as common as "Share Investing For Dummies" it will put you on a good path. I just googled it, there is a UK edition that will tell you all you need to know about how to use the law to minimise tax on returns and avoid pitfalls you haven't even thought of. But good luck, when that first buy pulls off...it's a good feeling.
i would put it into property, us property.. in particular, try to get around min 10% net return. with shares, you probably find it much more better going to casino, and play baccarat.. you have 50% either on house and banker.
