how would you spend 10k today ?

Discussion in 'Stocks & Derivatives' started by stinkypete, Feb 11, 2016.

  1. stinkypete

    stinkypete Member

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    Maximum return moderate risk. What are some companies you would suggest that are fizzing at the bung ready to explode innthe coming months? Im keen to hear your insights, and would appreciate some informed responses from any of you

    Thanks
     
  2. Scyb

    Scyb Member Silver Stacker

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    NST.

    No debt, plenty cash on hand. Dividend paying.

    Definately fits the moderate risk category.
     
  3. SilverDJ

    SilverDJ Well-Known Member

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    Oil is ridiculously cheap. Relatively small further downside, big upside.
    Just buy the OOO ASX ticker code.
    I think an almost guaranteed return within the next couple of years.

    [​IMG]
     
  4. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Mid tier gold producers with good reserves and relatively small amount of debt and good management

    Regis, Northern Star, Evolution are all winners. Doray and Saracen if you're feeling a little more frisky
     
  5. tozak

    tozak Well-Known Member Silver Stacker

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    Bitcoin for sure, turn that worthless fiat into 1's and 0's and wait for society to go cashless, then Bitcoin will be king
     
  6. SilverDJ

    SilverDJ Well-Known Member

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    Or worthless.
     
  7. markc

    markc Member

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    5k each way on SLR @ 29c and SXY @ 14c for a long term hold
     
  8. tozak

    tozak Well-Known Member Silver Stacker

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    That is the other end of the spectrum yes, I have always said Bitcoin is either going to $0 or $1,000,000 a coin given long enough, it's a mathematical certainty
     
  9. SilverDJ

    SilverDJ Well-Known Member

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    Which is very plausible. So why risk everything on it?
     
  10. tozak

    tozak Well-Known Member Silver Stacker

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    Not everything, just like 10k ;)
     
  11. stinkypete

    stinkypete Member

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    Doesnt bitcoin fluctuate massively up n down ?
     
  12. tozak

    tozak Well-Known Member Silver Stacker

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    It used to, has been fairly stable of late (last 12 months or so)

    Spreads are not so bad anymore either so you can trade it more effectively now when there are swings
     
  13. stinkypete

    stinkypete Member

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    So for 378 usd i get one bitcoin ?
     
  14. yennus

    yennus Well-Known Member Silver Stacker

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    You can get Bitcoin from a few places locally in Australia - LocalBitcoin or Coinjar are both pretty good.
     
  15. Altima

    Altima Well-Known Member Silver Stacker

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    Keep it as cash. That's what I'll do.
     
  16. Holdfast

    Holdfast Well-Known Member Silver Stacker

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  17. raven

    raven Well-Known Member Silver Stacker

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    6 ounces and a carton !
    ;)
     
  18. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    All in. 10oz silver bars.
     
  19. tozak

    tozak Well-Known Member Silver Stacker

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    If I had no investments at all and was given 100K today to invest I would go (25K Gold, 25K Silver, 25K Bitcoin, 25K Hard Cash)
     
  20. raven

    raven Well-Known Member Silver Stacker

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    ok, now that it's a hundred K, the whole lot on red !
     

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