Forum Archive Index - December 2003

["Woody" <solarmax@optusnet.com.au>]

In my opinion if you have $100,000. Keep it NZ.   $25,000 deposit on rent producing property, Seek out Morgagee reposession,

 

buy it ' Cash Positive ' 

$25,000. Good quality shares. 

$25,000 in Precious metals. Gold, Silver.

$10,000 Trading Portfolio US Stock Options. ( Plenty of Internet training guides ) if ready I will give you a good Broker.  

 $10,000 In the Bank

and $5,000 Forex trading Portfolio Very high risk but worth risking $5,000.

 

Woody

----- Original Message -----

From: ChildcareOnline

To: sharechat@sharechat.co.nz

Sent: Tuesday, December 09, 2003 7:39 PM

Subject: [sharechat] Advise please

Hi

 

I have $100,000 USD coming my way shortly :-)

 

In your opinion - should I:

a.    exchange the money into NZ dollar now and put it in the bank

b.    exchange the money into NZ dollar now and invest it (purchase a small flat or shares)

c.    keep the money in USD in a holding account (non interest bearing, I think) until the rate improves?? Say goes down to 60c?

 

I guess what I would like to know is - what are your predictions for USD vs NZD?

 

Ryan