Join our investing community

Where are Investeders directing their money over the next 12 months?

Discussion in 'Investing Strategies' started by TakeStock, 14th Sep, 2006.

?

Where are Investeders directing their money over the next 12 months?

Poll closed 12th Oct, 2006.
  1. Shares - Australian

    13 vote(s)
    28.9%
  2. Shares - International

    1 vote(s)
    2.2%
  3. Managed Funds - Australian

    25 vote(s)
    55.6%
  4. Managed Funds - International

    16 vote(s)
    35.6%
  5. Property - Australian

    29 vote(s)
    64.4%
  6. Property - International

    2 vote(s)
    4.4%
  7. Cash

    8 vote(s)
    17.8%
  8. Reducing Debt

    12 vote(s)
    26.7%
  9. Collectables

    0 vote(s)
    0.0%
  10. Other

    1 vote(s)
    2.2%
Multiple votes are allowed.
  1. TakeStock

    TakeStock Well-Known Member

    Joined:
    14th Aug, 2005
    Posts:
    140
    Location:
    Sydney
    Where are people investing their funds over the next 12 months?
    Shares
    Property
    Managed Funds
    Cash
    Reducing Debt
    Collectables
    Other?

    How do I present this as a poll?
     
  2. Nigel Ward

    Nigel Ward Team InvestEd

    Joined:
    10th Jun, 2005
    Posts:
    1,172
    Hmmm.... property, shares and M/F.

    New money will go to all three.

    Cheers
    N.
     
  3. pudsa

    pudsa Well-Known Member

    Joined:
    19th Oct, 2005
    Posts:
    55
    We are the same as Nigel, property, shares M/F but looking to increase our M/F diversification from mainly Aussie related funds to more global stuff. Don't know what the global stuff is yet but this site sure provides some great pointers. :)
     
  4. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
    9th Jun, 2005
    Posts:
    4,619
    Location:
    Sydney, Australia
    I added a poll ... (and I've set it so anyone can post a poll in this forum at any time).
     
  5. MJK

    MJK Well-Known Member

    Joined:
    17th Aug, 2005
    Posts:
    280
    Listed Property trusts are the go for some of my funds. They fall into Aust Managed funds categoty but should be listed separately in my opinion.

    MJK:D
     
  6. MichaelWhyte

    MichaelWhyte Well-Known Member

    Joined:
    5th Oct, 2005
    Posts:
    798
    Location:
    Sydney, NSW
    Good question,

    I put my response as cash and reducing debt. I now have $1.5M in borrowings which require over $100K a year to service. I want to build a decent cash buffer before I start developing my MUH site, so for the next 12 months its cash and bad debt (PPOR) reduction.

    In fact, we'll probably sell our land in Bundaberg to pay off the PPOR and clear the bad debt. I'll then leave that money as $180K cash in the mortgage offset account so I've got it as emergency funds when I start my development. I'll still borrow the whole $750K odd development costs, but may use some of that cash to service the development loan for the 12 months or so whilst we're building.

    I just did a detailed personal budget so I can track my cash flows. I'm going to get control of my discretionary spending before I launch into the development. I can cover my loan repayments of $100K odd relatively easily, but I still then currently spend another $100K of my net incomes on stuff. And that $100K is too high.

    Cash is king for now.

    Cheers,
    Michael.
     
  7. Glebe

    Glebe Well-Known Member

    Joined:
    15th Aug, 2005
    Posts:
    932
    Location:
    Sydney, NSW
    I've recently taken on board some bad debt (car loan), so intend on killing that over the next 3 months, then in the new year look to the sharemarket.
     
  8. shake-the-disease

    shake-the-disease Well-Known Member

    Joined:
    9th Jun, 2006
    Posts:
    61
    Location:
    Melbourne
    Reduce debt for me. I just bought an expensive PPOR so I'd like to get that debt down and replace it with investment debt.
     
  9. Chris.R_WA

    Chris.R_WA Well-Known Member

    Joined:
    7th Aug, 2006
    Posts:
    113
    Location:
    Perth, WA
    Oz MF's ramping up via an installment gearing plan, and developing my IP for me. Nice and simple:cool: