any tips for an aussie on how to invest 20-30k and where to put it. besides cryptocurrency, im not fond of gambling.
>>2016761
Dividend producing stocks or etfs. That way you can have growth and income.
i like to put things in vanguard etfs
don't buy anything now
wait until the next stock market correction and dump all your $30k into stock market at the dip
>>2016766
I think i have AUSE in one of my tax haven accounts.
>>2016761
Dude ANY investment is a gamble. Jesus Christ...
Kiwifag here.
Gold/silver should always make up 10% of portfolio imo.
Here are my asx picks:
AC8.ASX
ADV.ASX
APX.ASX
CZI.ASX
EVN.ASX
GNX.ASX
HZR.ASX
LRS.ASX
MIG.ASX
NST.ASX
RGI.ASX
STL.ASX
>>2016772
The market is already in a correction. Everyone is worried about various political risks. Also quantitative easing in europe and japan. Best to at least start putting some in now.
>>2016761
>wants to invest
>not fond of gambiling
Pick one
>>2016772
this could take 10 years
>>2016761
Look for aussie firms that have big overseas operations like Westfield, I expect the dollarydoo to gradually but steadily fall against the greenback during the year, that means that company's that earn income overseas will reap the benefit of that drop.
Domestically I haven't been watching equities much recently, I was looking at SXL a while back, seems to be bucking the trend in broadcasting (lol @ TEN and SWM).