Where to invest for 2, 5, 10 and 20 years
“Where to invest $10,000 for two, five, 10 and 20 years”
That was the headline of an article in the Australian Financial Review yesterday.
The author had asked a range of finance types for their views. Which were… broad. How broad? Well the subheading under ‘Two years’ was: “Play it safe with a term deposit, or consider ASX micro-caps and maybe Judo Bank.”
Cash… volatile micro caps… a single stock.
That’s a helluva range!
And whether you read it, or not, I’m going to give you my thoughts on what I’d suggest.
But first, we need to define our terms.
See, you can think about ‘investing for two years’ in two ways.
First, you can be asking ‘What assets are likely to do best over the next couple of years?’.
Or, you can be saying ‘I…