What would you do with a spare million?

Jola said:
It's a low risk, after tax return. You will essentially only earn dividends here, at a much better return than fully taxable money market investments (about 3.5% after tax). On the prefs you earn 7% after tax.

The idea is to park your money there at the moment, and not to put it all in ordinary shares which may as easily decline with the present market as increase.

Property returns may also be negative at the moment, timing is crucial there.

Of course, feel free to buy single stock futures, quite easy to lose more than you own there.

Or park it in Euro at close to 0%, and hope that the rand drops.
Click to expand...

Its not a bad strategy.
 
See? I don't have to break my head over nonsense like that, I don't have to be worried about where to put my money... BECAUSE I DON'T HAVE ANY COZ I'M A LOSER NO MATTER HOW HARD I TRY!!!
 
Get a spread betting account and Short equities/indicies for about 3 months till the US gov implements QE2. Best of all it's tax free... well in the UK anyway
 
go for a local ETF fund/s(index based-manage it yourself) that gives strong dividends and is tax free :)
 
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