I have been looking where to make an investment that would earn a decent return not just 2-3 %.
I came across Peer to Peer investment strategies , it seemed a bit of a risk initially but reading into it historically I was
prepared to invest in it . At least I would get a decent return on my investment. So I approached an Aust Co. to
see what I could organise.
The response I got knocked me over, in order to access this type of investment, I had to be a sophisticated investor
I had to have either an income of over $250k per year or $2.5 mill in assets. What bureaucratic bull****, Asic puts limits
on ma and pa investors so we can earn the paltry % while the rich get richer. It appears the threshold imposed by govt is
more of a measure of their wealth rather than financial acumen.
Disgruntled old man
goldfinger said
11:16 AM Jul 18, 2016
I heard a castrated pig is also disgruntled...I feel for you, however talking about Investment Strategies to most of us Grey Nomads, is akin to talking about Turkey Dinners to Biafrans...we're likely headed for negative deposit interest rates like the rest of the developed World...first time in years Housing Loan Rates are less for long term fixed...which suggest Banks think low rates are here to stay....Depositors/savers don't count any more only Housing Investors and they must be protected at all costs by the RBA....folk borrowing against their supposed increased Housing Equity and buying useless stuff is what keeps 'stimulating' the Australian Economy...Gerry Harvey and Co love the Housing Ponzi in Australia...no settling day...or will there be?.....Hoo Roo
brickies said
11:18 AM Jul 18, 2016
The higher the return the higher the risk , Best to find someone who has been with a firm for some years a see what there outcome was , I have been with Shardforth for some years and happy with outcome , Don't be in a hurry and be careful of the banks investment funds .
JayDee said
02:09 PM Jul 18, 2016
My view is fully franked dividends from some of our big blue chip companies. there is around 5% return on offer with franking credits.
But B E W A R E because today's share price will not be tomorrow's of the investment dollars.rice. Soooo you could see a depreciation of your investment dollars, or conversely you may see a good growth.
Bear this in mind.
There is not a single person on the earth than can tell you what tomorrows price will be.
It is all about your own risk factor.
You know I often sit back and ponder.
IF only I had bought XYZ company I could be a rich man today.
But there it is..... that tiny weeny word. IF.
Jay&Dee
mezza56 said
03:47 PM Jul 18, 2016
In later years most people wud sit back and reflect on
The "if" factor . But I'm not interested in waters crossed only in the future, pensions disappearing , not keeping up with cpi , my beef is that the govt think they are protecting ma n pa from Investment schemes , yet they allow people to gamble on the plethora of websites , pokie venues etc , whats the diff?
Desert Dweller said
04:50 PM Jul 18, 2016
We're not greedy, 2-3% will do us fine until rates gradually start rising again which inevitably they will do in the future. Read the financial pages regularly they're full of ''smart arse'' schemes & retired folks broken dreams.
DeBe said
08:57 PM Jul 18, 2016
mezza56 wrote:
In later years most people wud sit back and reflect on The "if" factor . But I'm not interested in waters crossed only in the future, pensions disappearing , not keeping up with cpi , my beef is that the govt think they are protecting ma n pa from Investment schemes , yet they allow people to gamble on the plethora of websites , pokie venues etc , whats the diff?
I gues the diference in investments & Pokies, is the Govt is guaranteed a return from the Pokies & not failed investments.
Aus-Kiwi said
09:54 PM Jul 18, 2016
Best talk to your accountant . I don't like personal invester agents . You and your accountant know your situation ., I went bricks and mortar 15 years ago . Rolled over my super . Which is paying me 7.5% . It earns more than that .
PeterD said
10:52 AM Jul 19, 2016
One good source of investment advice is Centrelink. They have investment advisors. They do not have an axe to grind, they are not connected with any investment providers. The advice is free and you only have to use it as a guide, you are not bound by it.
You don't have to be a pensioner to access these services. They are also the best source for the best way to set yourself up for the day you are eligible for your OAP (old age pension.)
dogbox said
11:32 AM Jul 19, 2016
Aus-Kiwi wrote:
Best talk to your accountant . I don't like personal invester agents . You and your accountant know your situation ., I went bricks and mortar 15 years ago . Rolled over my super . Which is paying me 7.5% . It earns more than that .
unless your accountant is licensed to give finical advice he can only recommend a financial adviser
brickies said
12:48 PM Jul 19, 2016
You are so right dogbox
Aus-Kiwi said
02:33 PM Jul 19, 2016
Yes i did with my accountant . Your right in some being affiliated. I run my own investment as said . Set it up correct with his help . All is fine . Still the final decision is up to YOU !! Can't get enough advice . Everyone has an opinion .. Mainly the guys at pub, club and TAB .. Lol
dirvine said
06:40 PM Jul 20, 2016
One of my big beefs is with super funds. If I envest in a shares only strategy, my investment falls in value and as a result so does my "interest/ investment return. Yet my own share portfolio whislt it has deceased in overall value, the dividend (lets call that interest) is increasing! Go figure that. I dont care what the investment is but if the dividends keep increasing each year why cant super funds do the same. Some one is making money at my expense. Hence I now have closed my pension fund and started my own. And guess what, it has more money in it at the end of the year than it did at the start. Sure its value is down but the cash return is up. So I reinvest that and get even more dividends. Super funds are just plain stupid computer programs that react to "triggers" that have no real basis or understanding if when to hold, when to fold, when to invest. I say do it yourself. It aint that hard.
Hi all ,
I have been looking where to make an investment that would earn a decent return not just 2-3 %.
I came across Peer to Peer investment strategies , it seemed a bit of a risk initially but reading into it historically I was
prepared to invest in it . At least I would get a decent return on my investment. So I approached an Aust Co. to
see what I could organise.
The response I got knocked me over, in order to access this type of investment, I had to be a
I had to have either an income of over $250k per year or $2.5 mill in assets. What bureaucratic bull****, Asic puts limits
on ma and pa investors so we can earn the paltry % while the rich get richer. It appears the threshold imposed by govt is
more of a measure of their wealth rather than financial acumen.
Disgruntled old man
But B E W A R E because today's share price will not be tomorrow's of the investment dollars.rice. Soooo you could see a depreciation of your investment dollars, or conversely you may see a good growth.
Bear this in mind.
There is not a single person on the earth than can tell you what tomorrows price will be.
It is all about your own risk factor.
You know I often sit back and ponder.
IF only I had bought XYZ company I could be a rich man today.
But there it is..... that tiny weeny word. IF.
Jay&Dee
I gues the diference in investments & Pokies, is the Govt is guaranteed a return from the Pokies & not failed investments.
One good source of investment advice is Centrelink. They have investment advisors. They do not have an axe to grind, they are not connected with any investment providers. The advice is free and you only have to use it as a guide, you are not bound by it.
A few links for you:
Financial Care Services
Age Pension and planning your retirement
Financial Information Service
You don't have to be a pensioner to access these services. They are also the best source for the best way to set yourself up for the day you are eligible for your OAP (old age pension.)
unless your accountant is licensed to give finical advice he can only recommend a financial adviser