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I thought it might be interesting to open up a forum to share investment ideas and advice. In terms of the Australian share market we seem to be going through quite a volatile, up and down period. A good time to make some money - if you have lots to invest. But the question remains which shares or sectors do you chase (mining?) or is it time to get into property (which could be questionable in NSW at the moment, so QLD?). Anyone have any thoughts?

There are a lot of opportunities in the market at the moment. In my own situation I need my cash at call, so I have it invested in high interest accounts. I'm earning close to 6% (compound) on the money, which is respectable but obviously lower than the estimated 13-14% you can make on the stock market.

Who do you use to invest Steve?

I am doing my own investments at the moment, in the stockmarket. I use the website www.andrewwest.com.au. They are very easy to use, they have recommendations and stock reports and you can chart and research companies, there are heaps of options. The best part, they have a hight interest (off the top of my head between 5 and 6%)cash account and you only pay when you make a trade and online trades are about $25-30. For anyone interested in starting out on their own in the market i recommend Andrew West stockbroking. So far through a few blue chips but also a few riskier shares I have made about 45-50% return in 4 years.

i use etrade and have found the service to be pretty good. and it's cheap :)

If you aren't prepared to actively trade, you can do reasonably well with an index tracked fund such as vanguard. Basically means you get similar gains to the overall stockmarket without having to learn about individual stocks, or get hit lots of fees.

I'm still killing off debt, but have a small stash in an ING Direct account that earns a bit of interest.

Bankwest has a really high interest account on call, I think the highest in Australia at the moment. In terms of shares, I once invested in a mining company called Metex and just made a small profit (not really worth it) however I have found industrials have paid off more for me (although it could have just been luck).

i use colonial. worked a treat for me. went from 5 grand up to 48 over qutie a few years (think it was 9 years all up). then got into the real estate market. by far the best investment i have done is housing

To me, property defines the rich from the poor.

qld is going through a massive property boom atm which means a lot of inflated prices- personally I am waiting for the market to quiten down a little and maybe go backward before i buy anything (and i work in real estate) my financial planner is takin care of my other investments :) (he just happens to be my sisters bf)

ren - you are spot on!.....

for those out there with a conservative risk apetite.....Bankwest is offering the best "at call" savings account.....a whopping 6.80% pa...works exactly like your ING account or NAB iSaver, but pays more.....after the 12 months, the interest rate reverts to 6.25%pa...which is still above any bank's standard "at call" rates....plus, there is no minimum or maximum you can put into the account and of course no fees....

anyone out there own Rio Tinto's share and bought them back a couple of years ago? :o) i bet you all will be smiling now......