If I had a 100k to invest I'd buy 5 year saving certificates from An Post.
IMO for the long term investor (10 years+) one is better off in a diversified portfolio of equities with some bonds (but not Western government!) and a small allocation to property, commodities and other uncorrelated returns (i.e. timber).
Hi
I have 100k to invest and was looking for advice based on my situation.
I am in my early 30's have no pension, no mortgage and no dependants. I believe that the euro will continue to lose value over the next year against all major currencies and that we are entering into a deeper recession. I hope to invest this money for the long term and my first priority is to protect the value, however I am not completely risk averse and would like to see a good return.
My original idea was to spread the money into a number of different currencies particularly the Canadian dollar, Australian dollar, US Dollar, Swiss Franc and Sterling. Though by doing this I wont be allowing myself much return on the investment.
cheers
portman
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