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ZenGum · 03-12-2009, 09:28 PM

Lookout, I have a little money now (15 to 20 thou, Australian) which is presently earning 3.75% in a government-guaranteed AA-rated capital secure bank account (me, paranoid? sometimes!). I plan to invest in something a bit more risky with the hope of riding the general economic recovery to a nice capital gain.
I am looking for some solid types of investment that (a) aren't going to up and die (b) whose buy in price has fallen a lot in the last 6 months (thus has a lot of potential to increase) and (c) should lead the way out of a recession, i.e. will be amongst the first to recover.

I am presently thinking of shares in oil producing companies, or the Big Four Australian banks, or wide base retailer (woolworths eg).

What exactly is it you are thinking of buying? Any suggestions?

03-12-2009, 09:28 PM	#649
ZenGum Doctor Wtf Join Date: Oct 2007 Location: Badelaide, Baustralia Posts: 12,861	Lookout, I have a little money now (15 to 20 thou, Australian) which is presently earning 3.75% in a government-guaranteed AA-rated capital secure bank account (me, paranoid? sometimes!). I plan to invest in something a bit more risky with the hope of riding the general economic recovery to a nice capital gain. I am looking for some solid types of investment that (a) aren't going to up and die (b) whose buy in price has fallen a lot in the last 6 months (thus has a lot of potential to increase) and (c) should lead the way out of a recession, i.e. will be amongst the first to recover. I am presently thinking of shares in oil producing companies, or the Big Four Australian banks, or wide base retailer (woolworths eg). What exactly is it you are thinking of buying? Any suggestions? __________________ Shut up and hug. MoreThanPretty, Nov 5, 2008. Just because I'm nominally polite, does not make me a pussy. Sundae Girl.