Investing 100k

[L-Dog]

Hey guys

Saved the balloon payment on a car and have it for another 2 years, where is the best place to invest for 12 - 24 months? Was at tyme bank but interest rated has dropped from 10% to 7%

 

[BTTB]

If you have a Bond, place the 100K in there.
Or take the 7% from the Bank, any other investment advice would be reckless imho.

 

[3WA]

Can't you just put it into your car loan or refinance your car? You're not going to be able to invest it at the same rate as your car loan.

 

[kombi-man]

Buy sasol shares.

 

[WaxLyrical]

Pay off the bond and get a facility to access it part of the funds in an emergency.

Buy gold coins.

 

[Hamster]

Refinance car. Why wait two years?

 

[clickingbuttons]

Mirror Trade International or Crowd1.

Both 100% guaranteed, apparently.

 

[Tabac]

S&P 500

 

[Provost]

I doubt a bank would do you any good in that regard.

 

[bromster]

S&P 500

Don't know about this. Seems as though their whole market is waiting to implode as it seems that their quantitative easing plan is failing miserably and big companies are using their bailouts to artificially drive their share prices up.

I can't recommend buying any equity at the moment. It's just too risky.

Maybe bonds, which are reasonably priced, but still riskier than they would normally be.

 

[L-Dog]

Thanks currently leaving it with TymeBank while I investigate a few options, market seem a bit crazy now and everyone has different opinions. Might take a chance with 50 or 25k if a see risk worth taking

 

[John Tempus]

Thanks currently leaving it with TymeBank while I investigate a few options, market seem a bit crazy now and everyone has different opinions. Might take a chance with 50 or 25k if a see risk worth taking

If you want to take a chance without monitoring things everyday and even at current market prices. Go and allocate R20k of the R100k to buying 60% BTC, 20% ETH , 10% XRP , 10% LTC.

It is only 20% of the 100K, risk reward over 2 years is extremely good at this moment with a split between majority into the most stable vs minority into the top heavy coins with the most potential to double with next bullrun.

 

[L-Dog]

If you want to take a chance without monitoring things everyday and even at current market prices. Go and allocate R20k of the R100k to buying 60% BTC, 20% ETH , 10% XRP , 10% LTC.

It is only 20% of the 100K, risk reward over 2 years is extremely good at this moment with a split between majority into the most stable vs minority into the top heavy coins with the most potential to double with next bullrun.

Thanks currently have 20k in BTC & ETH. Good bet but think it will be a bit overexposed if I add another 20k.

 

[John Tempus]

Thanks currently have 20k in BTC & ETH. Good bet but think it will be a bit overexposed if I add another 20k.

Ah good. If you are already invested then you are ok with set and forget for the next year or two.

I am not a massive fan of XRP but considering the pump cycles where every coin in the top10 get almost equal share of pump during pump season I think its still a good bet to put something into XRP and LTC as they are undervalued compared to their previous highs and that is what triggers a pump offset.

There is no half measures with crypto. You are either a daily adrenaline junkie trader or a buy and forget trader. The latter is way easier on your sanity but hard to resist.

 

[koeksGHT]

You are either a daily adrenaline junkie trader or a buy and forget trader. The latter is way easier on your sanity but hard to resist.

Buy oil at $25 per barrel some profits spent

 

[Vince0]

Gold/silver physical? Get it out the ZAR for a start but pay debts first.

 

[zerocool2009]

Gold/silver physical? Get it out the ZAR for a start but pay debts first.

I had a brainwave this week, just started up reading up about gold and platinum! Took the jump and started invested in mining firms

 

[John Tempus]

I had a brainwave this week, just started up reading up about gold and platinum! Took the jump and started invested in mining firms

As long as its not SA mining firms. Make sure you pick mining firms mainly operating in stable countries, makes a huge difference in their output and thus their share price.

 

[zerocool2009]

As long as its not SA mining firms. Make sure you pick mining firms mainly operating in stable countries, makes a huge difference in their output and thus their share price.

What I cant explain to myself ... the top 10 firms in SA (related to investments ... out of 100 .... its all mining firms).

Example, Harmony is nr 1 at 85% for the year up

 

[KleinBoontjie]

Why not just pay off the balloon, now. Save on interest. Getting interest from investing it, will probably be negating the interest you're losing.