What to do with 150k?

[Gaz{M}]

Yeah, I would avoid Coronation at the moment. They are just too big to succeed (I know this sounds dumb, but their funds are so overbought that it is almost impossible for them to beat the index if they own a huge chunk of the market already).

I would look into low cost ETF's, like has been suggested already (DBX World, PropTrax10, Top40 Index) - a good mix of 3 or 4 ETF's. Try 10X and ETFSA and EasyEquities.

PS: I have Coronation UT's, but their performance has disappointed badly in the last year.

 

[Drifter]

Contact my daughter, she will gladly advise where to invest. Liberty have a fantastic new range of investment products, with very high returns.

 

[Viva]

I'm pretty comfortable as is so I can afford to take risks or invest for the long term.

I think the interest on the MM account is between 4.5% and 6%.

It sounds like investors don't expect to see double digit growth on the JSE in the next couple of years.

If you're fine with the risk, minimising your costs should probably be your main concern. As far as I know, Satrix is your best bet in this regard (as opposed to funds of funds or unit trusts).

Alternatively, if you don't have much faith in the SA economy in the current climate, it might make more sense to look for a high fixed interest rate. I'm not sure which products are best here, but others will be able to make suggestions.

 

[Stokstert]

Capitec fixed investments for short term.

 

[InSanity]

put it down as a deposit on a flat or house

 

[CamiKaze]

/waits for SuperSunBird

 

[SauRoNZA]

Really depends how long you want to lock it down.

I would probably leave some of it (1/3rd) in the Money Market or an equivalent guaranteed account.

Rest of I would march off to Easy Equities and invest in a diverse ETF portfolio.

 

[Viva]

Capitec fixed investments for short term.

So he'll get 9.5% with a fixed term of 5 years.

 

[Stokstert]

So he'll get 9.5% with a fixed term of 5 years.

Only for the short term, as he can loose 9,5% or much more within two days on the JSE.

 

[Hendrix]

Contact my daughter, she will gladly advise where to invest. Liberty have a fantastic new range of investment products, with very high returns.

I take it she works for Liberty? I wouldn't give them R5 to look after for me, no offense if she does

 

[Hendrix]

Consider a Flexible Fund, I use Foord Flexible & PSG Flexible

I feel they should give good returns going forward because they are not tied down to a certain asset class.
They can go high on equities one moment, or low, they have less red tape...

 

[kanzen]

I take it she works for Liberty? I wouldn't give them R5 to look after for me, no offense if she does

I completely agree with you. I've got funds with Liberty that have been performing dismally, but let's not forget financial advisor fees.

I've compared my personal investments vs financial advisor and it's embarrassing for the FA.

 

[MrGray]

50% bitcoins. 50% krugerrands. LOL.

 

[Shi]

I would consider topping up my pension funds

 

[Viva]

Only for the short term, as he can loose 9,5% or much more within two days on the JSE.

I was referring to a Capitec account. Not sure I follow what you're saying?