Strategy to make $1M in Sydney

[mflying]

Buy$5M US ETF with Aussie $$$.

Double layer of of diversification!!

 

[skater]

Go to the casino. Put it on black.

 

[Hypnotic Cat]

Go to the casino. Put it on black.

Or red.

Failing that there are some funds out there that are getting 20% returns in the last 6 months (I have a small/moderate amount invested)... but then again maybe the casino is a safer bet.

What you are really asking for is a 25% return on your money (turn $4 into $5). So it all depends if it's money you can afford to lose. There are no surefire bets that I know of. If 50% of your capital goes down the gurgler is that going to have a big impact? If you have another $20m to fall back on probably not.

 

[D.T.]

Or red.

Failing that there are some funds out there that are getting 20% returns in the last 6 months (I have a small/moderate amount invested)... but then again maybe the casino is a safer bet.

What you are really asking for is a 25% return on your money (turn $4 into $5). So it all depends if it's money you can afford to lose. There are no surefire bets that I know of. If 50% of your capital goes down the gurgler is that going to have a big impact? If you have another $20m to fall back on probably not.

Actually 20% (turning 5 into 6)

But why would he want to play his whole hand?

 

[MitRobHar]

Does anyone have an actual reply that has to do with the question I asked? I know the numbers are large for most people, but there are lots of successful investors on here, hence my question.

 

[grantwhit]

Sorry not property related - buy TLS at 55% LVR (11m total)
@ 9.6% dividend yield you end up with just over 1m
450k on interest
550k left over interest free
gets you about half way there...