Finaly saved up 10k, what can I do with it?

Discussion in 'Share Investing Strategies, Theories & Education' started by uz3r, 20th Nov, 2008.

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  1. Cherry Pro

    Cherry Pro Active Member

    Joined:
    1st Jul, 2015
    Posts:
    35
    Location:
    Sydney, NSW
    Thanks Dan for that clarification.

    And I'm glad to hear that someone here has made more money than he's
    lost on the stock market. Still .. there is hope.

    Rather than individual stock picking or investing in gold ...I'm more inclined towards investing in STW, AGR and the like when we can see some of this
    awful storm settle.

    Cheers
     
  2. MichaelW

    MichaelW Well-Known Member

    Joined:
    25th Jun, 2015
    Posts:
    839
    Location:
    Brisbane
    I do... ;)

    If you do a search you might find a couple of threads I started 12-18 months back on why you should buy a decent gold hedge. Its serving me well already, but I think its got a lot more upside yet.

    USD deflation is a real possibility:

    Silver Stock Report: Is China Ready to Buy Gold at Last?

    The Great Deception As Gold Hit All Time Highs

    Cheers,
    Michael
     
  3. tropic

    tropic Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    129
    Location:
    WA
    Michael,

    How do you buy gold hedge?
    Do you also buy the physical gold bars?

    I never ever think about buying gold but I like to learn about it.
     
  4. Sacko

    Sacko Well-Known Member

    Joined:
    1st Jul, 2015
    Posts:
    58
    Location:
    Central Coast, NSW
    I recall that the Rivkin Report mentioned a good way to hedge if you think gold is on the way up is to consider buying into Gold Bullion Ltd (ASX ticker "GOLD"), as it seems to track the gold price better than the miners like Newcrest that tend to get caught up in the market noise even if the gold price is going north.