Best place to invest cash?

Can think of plenty of ways, but the downside is they are all illegal.

One thing I thought of a few years back was to plonk excess money into an overseas poker site account which is based on US dollars, and let it sit there until the Aussie dollar dropped back to historic levels, and then pull the money out making a tidy profit. Decided against it, as I would have blown the money instead by playing with it. Plus who know how long I would have had to wait for the dollar to drop down.

Cheers

Tom

I remember reading some of Lance Spicers stuff and he said that collectible coins with real gold or silver or platinum content was always a good way to transfer cash while holding their value. Also Negotiable Bonds.

As for transferring currency without hitting the $10,000 reporting limit the Australian nugget available in 1kg coins only has a face value of $3000. http://en.wikipedia.org/wiki/Australian_Gold_Nugget

For Phil's benefit the Isle of Wight is off the East coast of Lymington in Hampshire and certainly is part of the UK.

You could always look at lending the funds to a Company that specialises in secured funding or 2nd mortgages.

Currently probably earning 10% per annum.

Cheers

Yours in Finance

I'm originally from Perth and the gold and silver ant cheep there, its cheaper in Sydney!

You can invest in cars… For example Shelby Cobra, GT40, A9X or 2dr RX3 13b Turbo.. These cars will only up in value just to name few.