100k what would you do with it?

killadoob said:
Any tips on making that 100k into say 300k over the next 2 years?
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Yeah. To do that you'll need a psychic for stock market predictions.

Put it into satrix. You'll end up with about 125k.

Alternatively split it over 5 stocks. This could result in higher returns...or lower. 5 stocks is not proper diversification though so its risky.

EDIT: blu's suggestion is better.
 
High return = High risk (most of the times)

So if you want to take that R100k to R300k, be prepared to take some risk. Equities (maybe some penny-stocks) or even SSF (Single Stock Futures). Although that will be risky.... That's just what came to mind now, will think about it a bit ;)

*edit* There's a lot of "investment" "opportunities" out there, but you must be very careful that the aim to double your money ect. doesn't lead to you being scammed/conned by some "shaky" investment. Just a thought.
 
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You want an average 55% interest rate? Only way is to go into super high risk stocks. If it were me though: pay off car (frees up R3000 p/m), rest into bond. Then take at least 1k out of that per month savings and also put into bond, the other 2k to increase standard of living :)
 
Archer said:
You want an average 55% interest rate? Only way is to go into super high risk stocks. If it were me though: pay off car (frees up R3000 p/m), rest into bond. Then take at least 1k out of that per month savings and also put into bond, the other 2k to increase standard of living :)
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Why pay off car first? It is not even considered an asset.
 
I know a beautiful Nigerian princess who is trying to get her family fortune out of her country, I just need your bank details and...
 
Pay of the bond first. That's only if you can't get some more interest in some money-market account somewhere. That will be the "safest" option.
If I had some cash to invest (which I don't mind losing) I would go short on some MTN stocks :p

*edit* but since the OP stated that you want to take it to R300k, well, a risky equity investment might be the best bet.
 
give it to me. need some bucks for my next advertising campaign :-). In return I put "proudly killadoob" on everything which will give you a great exposure for... I dunno what
 
What Blu said is probably the best. You can save lots on future expenditures by paying off debt now.
 
Use it as a deposit on a R500k property to rent out.
Use the rent to pay for the bond. (may have to add a little extra)
Sell the property after 3 years.
if property price went up to R700k
you got R300k in you bank after paying bond off.
 
memakda said:
Use it as a deposit on a R500k property to rent out.
Use the rent to pay for the bond. (may have to add a little extra)
Sell the property after 3 years.
if property price went up to R700k
you got R300k in you bank after paying bond off.
Click to expand...

Your maths is terrible
 
memakda said:
Use it as a deposit on a R500k property to rent out.
Use the rent to pay for the bond. (may have to add a little extra)
Sell the property after 3 years.
if property price went up to R700k
you got R300k in you bank after paying bond off.
Click to expand...
Let me get this straight. You suggest he should:
  1. Take on 400k debt
  2. Pay in cash that he does not have for the bond on the debt
  3. And hope that the property prices shoot up
Really?
 
memakda said:
Use it as a deposit on a R500k property to rent out.
Use the rent to pay for the bond. (may have to add a little extra)
Sell the property after 3 years.
if property price went up to R700k
you got R300k in you bank after paying bond off.
Click to expand...

Damn, in the light of this, my "buy some penny-stocks or SSF"-idea sounds like buying a conventional government bond in comparison with this idea :p
 
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