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Thread: Just for fun

  1. #16
    Senior Member
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    That’s a very good point. Well said!

    Quote Originally Posted by fungus pudding View Post
    It depends whether you are an investor or a trader. I am an investor and only buy things that will increase my income, (not limited to shares) and almost never sell; just keep stacking up income. So for me I would put it into Listed Property Trusts. I do not own any other shares. One advantage is they are PIES so a decent saving in tax for a start. I'm not saying it's necessarily the best way, but stacking income is easy and has worked for me over a very long period of time - mainly houses, then commercial property and now for simplicity LPTs, One more point - it shouldn't make any difference if the $10,000 was 'free', whatever that means. Probably means it was a gift, or similar. Money is money and if you think of it as 'free' you are likely to fall into the 'easy come- easy go' trap.

  2. #17
    Update Ready To Install
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    Aug 2010
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    Floating Anchor Shoals
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    Ive been offered a $US cash management account paying 1%. Am considering it as a safe haven in case things get worse and our exchange drops due to our commodity exposure to china..

  3. #18
    Dilettante
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    Quote Originally Posted by Joshuatree View Post
    Ive been offered a $US cash management account paying 1%. Am considering it as a safe haven in case things get worse and our exchange drops due to our commodity exposure to china..
    Do you mind sharing which institution with ?

  4. #19
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    Nov 2018
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    Christchurch
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    Quote Originally Posted by iceman View Post
    Do you mind sharing which institution with ?
    I would also be interested to know which bank is paying 1% on cash USD deposits?

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