Any ideas on what seems to be the best investment at present.

Have looked at property, funds, gold, oil and not sure what seems to be the best idea....
- property: looking at the palm investment in malaysia
- funds: used Jupiter but they are performing at the general bank rate
- silver/gold/oil: no idea whether these are good investments

- Any guidance appreciated....

i'm in a similar position - cash waiting but nowhere to put in

with sterling in a precarious position i want to shift it somewhere

probably best to diversify...

I am investing in some of the listed hedge funds that are now quoted on AIM e.g. Close AllBlue, KGR Asian Opportunities. They are targeting 10-12% return with relatively low risk and both trade at discounts to NAV.

They are not going to shoot the lights out but will not collapse, if property prices decline and will not be affected by Sterling weakening.

I am trageting long term buys:

* Oil - Shell & BP look very cheap.
* Water treatment stocks - China & India need lots of clean water, Water is the most imported liqued in the world.
* Silver - Not much reserves out there and ETFs have jsut started.
* Gold - Physical via bullionvault.com
* Commodities - Xtrata, Rio Tinto
* Timber - rainforrest going down quick, needs replacement wood so price should go up long term. There are some good canadian income trust - 8-9% yield till 2011.
* Some gold mining stock - Merrill Lynch Gold & General is a great fund.

Most of this stock is recession proof and has good long term trends. Gold is held as a hedge for when things go wrong with currencies.