Best place to invest for 5 Years???

cookiecheck

Invest in unmarked non-sequential non-negotiable us govt bearer bonds.

beeroclock

No one can really tell you what to do with your money but there are investments and savings sections on askaboutmoney.com which I would look into for more options, tons of info available online etc..

delthedriver

beeroclock wrote: »

No one can really tell you what to do with your money but there are investments and savings sections on askaboutmoney.com which I would look into for more options, tons of info available online etc..

Well done! Will have a look. Thanks

K3lso

Formation wrote: »

why?
the swiss franc is currently massively overvalued according to the head of their central bank. Next you will recommend gold.

If you are getting your investment ideas from the irish independant you have already missed that particular boat.

Irish Independent?

Who in their right minds reads Irish newspapers? Gold preserves wealth. I'm not talking about an investment where you can make back one hundred thousand quid in a year - it's simply insulating what you already own and moving away from devaluing fiat.

kincsem

crazygeryy wrote: »

screw 5 years put it all on strike action in the 4.50 at the curragh today.its a sure thing.

Strike Action was a non-runner.

Nodster

askaboutmoney.com for uptodate independent impartial advice

Jellicoe

Anything Inda, Fiasco Phil, Varadkar, Noonan, Dr James Reilly etc. have personally invested in. e.g. Water companies, wastewater treatment companies, shell, windfarms, private health services etc. Bertie was into forestry, but I'd say the present Government have other intrests now.

Pottler

Buy Tea. It is going to rocket in price as the year progresses, as is coffee. Corn has already shot up due to drought and the oecd basket of foods price index has reached and surpassed the level where civil unrest due to the price of food may occur. Food will be expensive and relativly scarce worldwide later this year, so there ya go. Buy Tea.:)

Formation

K3lso wrote: »

Irish Independent?

Who in their right minds reads Irish newspapers? Gold preserves wealth. I'm not talking about an investment where you can make back one hundred thousand quid in a year - it's simply insulating what you already own and moving away from devaluing fiat.

not if the price of gold drops (on the way)

not if the dollar decreases in value

not if the euro increases against the dollar

portfolio theory would suggest not holding more than 5% in gold and you are seemingly recommending he lump in the lot.

So its not the indo... did you do leaving cert economics?

anyway the op doesn't know what sort of investor he wants to be so we can't recommend what he should invest in.

on askaboutmoney they are going to recommend either bunds/german savings account/sterling account in an Irish bank or possibly a canadian bank.

do you know why they will recommend these? Because they read it on askaboutmoney the previous month.

the swiss franc was a hugely popular recommendation on there even when the head of the swiss central bank said they were considering devaluing the franc... Turns out he wasn't bluffing but the advisors on AAM a week later were unaware this happened so they don't seem to be putting their money where their mouth is.

OP, if you are not familiar with investment analysis and theory yourself get yourself a savings account and in 5 years you will probably be better off than the majority of the junior buffets on public investment forums.

If you don't bet it you can't lose it.

Formation

Pottler wrote: »

Buy Tea. It is going to rocket in price as the year progresses, as is coffee. Corn has already shot up due to drought and the oecd basket of foods price index has reached and surpassed the level where civil unrest due to the price of food may occur. Food will be expensive and relativly scarce worldwide later this year, so there ya go. Buy Tea.:)

can see him on the side of the road in 6 months with a stall full of barrys gold blend and a sign up

special offer 1 box E2.75, 2 boxes E5.

tesco E3
mace E8.99

Jellicoe

Indeed, Punjana is far better

Seanchai

Pensivepuca wrote: »

Art. Get some good paintings by well known local artists, money might go tits up, but paintings keep the value.

Investing in art or antiques. At least somebody was listening in their Bus Org. or Economics class about where to invest in a recession (when interest rates are low for the obvious reasons)!

Formation

For someone that doesn't know anything about art how would they go about finding a good art investment?

Can you give him an example of a piece he could buy with E10k?

delthedriver

elexus86 wrote: »

I have €10,000 to invest but can only do this for 5 years. Has anyone any idea of the best place with a good return??:rolleyes:

There have been lots of suggestions so far, if you need qualified financial advise,
you should really talk to a QFA, Qualified Financial Advisor.

batistuta9

Formation wrote: »

For someone that doesn't know anything about art how would they go about finding a good art investment?

Can you give him an example of a piece he could buy with E10k?

he could probably get something by bansky or somebody or similar - or maybe that ship has sailed now, as it goes for a lot of $ - and wait to he dies, then it'll increase in value again

littlelulu

I didnt read the whole thread so this might have already been mentioned. If you purchase savings certifiates from an post for 5 years you will get €2,000 interest on your €10,000 at the end. Not too shabby eh!

littlelulu

littlelulu wrote: »

I didnt read the whole thread so this might have already been mentioned. If you purchase savings certifiates from an post for 5 years you will get €2,000 interest on your €10,000 at the end. Not too shabby eh!

3.7% for locking it away for 5 years? meh
4.85% gross in KBC looks better. shorter term and about the same rate allowing for dirt, gives you more flexibility

biko

elexus86 wrote: »

I have €10,000 to invest but can only do this for 5 years. Has anyone any idea of the best place with a good return??:rolleyes:

http://www.boards.ie/vbulletin/forumdisplay.php?f=859
Best not use the ol' rolleyes there. It'll confuse everything.