What do I do with R50K?

[foschinni]

I have a spare R50K to put in investment. I don't know how long but it could be anything 1-4 yrs.
The challenge is; I feel that the JSE market is overvalued so going any equity route i.e. direct shares/satrix/unit trust is probably not a viable route right now. Fixed deposit is joke!
So what should I do with the R50K?

 

[seanyp00h]

Strip Club.

Make it rain.

:wtf:

 

[foschinni]

Strip Club.

Make it rain.

:wtf:

Hahaha and come back drained?

 

[supersunbird]

I have a spare R50K to put in investment. I don't know how long but it could be anything 1-4 yrs.
The challenge is; I feel that the JSE market is overvalued so going any equity route i.e. direct shares/satrix/unit trust is probably not a viable route right now. Fixed deposit is joke!
So what should I do with the R50K?

And how do you feel about the foreign markets?

 

[Beachless]

Put it all on number 32

 

[Nicci]

Buy 4 puppies from me

 

[foschinni]

And how do you feel about the foreign markets?

I don't know much about foreign investment but with the way the rand has been going against major currencies........

 

[foschinni]

Buy 4 puppies from me

Why not 10?

 

[foschinni]

Put it all on number 32

32?

 

[Beachless]

32?

Roulette.

 

[Gaz{M}]

What about a nice balanced fund unit trust. The returns won't be as good as pure equity, but generally your risk is spread over multiple asset classes.

Allan Gray, Coronation etc.

 

[Mike Hoxbig]

I have some cash stashed away in a 7-day notice account with FNB. Getting an interest rate of 4.75%, which is close enough to a fixed deposit, but can have access to my money in a week if need be.

https://www.fnb.co.za/invest/7-day-notice-deposit.html

 

[DukeofHouse]

Throw it at your bond.

 

[supersunbird]

One option:

Half of the money into a bond unit trust/ETF , quarter into SA large cap unit trust/ETF, quarter into rand denominated foreign unit trust/ETF.

 

[AlmightyBender]

Throw it at your bond.

This one

 

[The_Ogre]

How do you feel about the colour blue?

 

[Cube3]

Throw it at your bond.

+1111111

 

[Glingfram]

Shevron Texaco.

 

[foschinni]

What about a nice balanced fund unit trust. The returns won't be as good as pure equity, but generally your risk is spread over multiple asset classes.

Allan Gray, Coronation etc.

Will explore

 

[foschinni]

I have some cash stashed away in a 7-day notice account with FNB. Getting an interest rate of 4.75%, which is close enough to a fixed deposit, but can have access to my money in a week if need be.

https://www.fnb.co.za/invest/7-day-notice-deposit.html

Check out Capitec it offers more interest!