How should I invest for the next 2 years?

Closed Thread
  1. #1

    How should I invest for the next 2 years?

    Hi!

    I plan on moving to HK in about 2 years time. I want to get started on investing there and I've got 400K HKD to start off with as a lump sum.

    Does anyone suggest anything?

    1. What should I be doing with the intial funds?
    2. What should I be looking at if can put away 30K a month?

    Thanks


  2. #2

    Join Date
    Dec 2005
    Posts
    18

    Invest in a flat

    Buy a flat and rent it out until you get here


  3. #3
    Quote Originally Posted by Lips:
    Buy a flat and rent it out until you get here
    I am not trying to discredit you here but are you sure thats the best way to go? I am no property/investment expert but I am uncertain about this as the HK property prices do flutuate a lot compared with overseas house prices which generally (generalising here guys) is on the slow gain.

    I too am seriously asking myself if I should buy property in Hk in the current market now as I am also looking for a place to stay as well but don't want to get sucked in if the house prices are currently high.

  4. #4

    Join Date
    Mar 2007
    Location
    Sai Kung
    Posts
    1,327

    Step 1: Get a paper which lists the products you're interested in investing (i.e. stocks).

    Step 2: Get about 10 metal tipped darts.

    Step 3. Stick the paper with the stock listings on a dart board or any surface which will retain a the thrown dart.

    Step 4. Throw the darts at the paper.

    Step 5: Go to your local broker/deal and purchase those stocks hit by darts.

    Step 6: You're done!!! Happy investing.


  5. #5

    Join Date
    Feb 2007
    Posts
    121

    Buying stocks is one of your options as there's no tax charges for capital gain.


  6. #6

    Join Date
    Jun 2005
    Location
    Hong Kong
    Posts
    23,205

    The OP will be taxed on his HK investments according to the tax rules where he is resident during the next 2 years - the tax rules in HK are only a very small part of the story. Different countries have different rules about overseas investments so the OP needs to take some advice from a tax expert in his country of residence.

    Last edited by PDLM; 10-10-2007 at 05:04 PM.