Cruisers Forum
 


Join CruisersForum Today

Reply
 
Thread Tools Rate Thread Display Modes
Old 10-08-2011, 15:15   #166
Registered User
 
VirtualVagabond's Avatar

Join Date: Oct 2009
Location: Australia
Boat: CT 54... for our sins!
Posts: 2,084
Re: How to Invest ?

Quote:
Originally Posted by Wavewacker View Post
Well, we are considering dumping some gold. The street price seems to be about a grand an ounce, individuals don't sell directly into themarket with physical gold on hand. There is almost 60 pounds of gold and almost 40 pounds of sterling....anyone interested....LOL

Invest, invest in plastics my friend, plastics, that's where the future is....hmmm, that was another time, another musical.

Now, raise chickens,the future is in chickens, eggs and chickens, cost of inventory is just chicken feed, sell the droppings to survivalists for fertilizer and power needs for their gold. Sell some eggs too when they find out they can't eat the gold. Sell the feathers to keep these survival types warm in the winter since they cam't burn the gold effeciently for heat. There is a future for real chicken kings across the country too. It was the staple of the last great depression for those who could afford meat or for the really smart ones who grew them.

You can boil, broil, fry, grill, deep fry and even bake chicken. Pick anyway you like and sell the prepared meat for more gold. Then trade your gold for land so you can raise more chickens. After awhile, use some of the land you acquire to build chicken eating places, sell it by the bucket, yes, for more gold.

In a short time with the economy in the dumps and skirmishes breaking out, you'll have enough gold to buy a private lake. You can go sailing and always have water, but you may need to purify it. You can do that through very large tubes full of clean chicken feathers, then through a sand filter, then carbon and that should be good enough.

Chickens, that's the future for the self reliant. Become a chicken king, with a string of resturants, private land, a never ending food supply, gold and a private lake to sail. If you play your cards right, you could have a private clothing label, South Face Chicken Feathers!

Good luck,

My investment strategy has been dart throwing and it has worked as well as any other, IMO.
I really do want to go with your advice........

But I'm chicken!!!
__________________

__________________
One must live the way one thinks, or end up thinking the way one lives - Paul Bourget

www.windwanderer.weebly.com
VirtualVagabond is offline   Reply With Quote
Old 10-08-2011, 20:20   #167
Marine Service Provider

Join Date: Aug 2010
Location: north carolina
Boat: command yachtsdouglas32
Posts: 3,113
Re: How to Invest ?

Invest in ones self and if you have a positive mind set and a good woman to stand behind you you will do well...worked for me once or twice...DVC
__________________

__________________
tropicalescape is offline   Reply With Quote
Old 11-08-2011, 02:04   #168
Registered User

Join Date: Aug 2008
Posts: 40
If only could get an alchemist to convert my lead keel to gold....

Gold would make great ballast!

Like anything, gold is worth what people value it , but if not for the security blanket value it would be getting cheaper over time. At various price points extraction and mining of low levels of gold become feasible, and the gold mining business is booming now. Even seawater hAs gold in it.....

The gold bubble will pop, once people realize the economy is not actually going to explode. The gold emperor has no clothes.

That said, I agree we could hit 3000 an ounce or more before the bubble bursts.

Buying gold now is like buying real estate 5 years ago, It may be a terrific investment..
__________________
Victory49 is offline   Reply With Quote
Old 11-08-2011, 07:55   #169
Senior Cruiser
 
osirissail's Avatar

Cruisers Forum Supporter

Join Date: Feb 2009
Location: A real life Zombie from FL
Boat: Gulfstar 53 - Osiris
Posts: 5,416
Images: 2
Re: How to Invest ?

Quote:
Originally Posted by Victory49 View Post
If only could get an alchemist to convert my lead keel to gold....
Ah! a chance to get in one of my favorite one liners.
- - Everybody knows you cannot change lead into gold, you use plastic. Put it into a machine and out pops "gold" (money).
__________________
osirissail is offline   Reply With Quote
Old 11-08-2011, 08:38   #170
Mooderator
 
capngeo's Avatar

Cruisers Forum Supporter

Join Date: Jul 2010
Location: Key West & Sarasota
Boat: Cal 28 "Happy Days"
Posts: 4,211
Images: 12
Send a message via Yahoo to capngeo Send a message via Skype™ to capngeo
Re: How to Invest ?

The only gold I own is in my mouth in the form of a crown!

I don’t know much about stocks and the market. I have all my money in property... and before you laugh, I have consistently averaged 10-15% return. The “bubble” didn’t affect me as I didn’t BUY squat during it... I sold. The properties I held, I rent and do well in keeping them occupied. I figure the real estate market will bottom in the next 12-24 months and it will be time to buy again... I sure will be happy to get the lumps out of my mattress!
__________________
Any fool with a big enough checkbook can BUY a boat; it takes a SPECIAL type of fool to build his own! -Capngeo
capngeo is offline   Reply With Quote
Old 11-08-2011, 08:53   #171
Marine Service Provider

Join Date: Aug 2010
Location: north carolina
Boat: command yachtsdouglas32
Posts: 3,113
Re: How to Invest ?

dont laugh, but how about US treasure bonds...In a world(kennel) full of dogs we are still the best looking dog in the show!!Just ask Japan,England,China... they are still buying, even after the down grade by S&P DVC
__________________
tropicalescape is offline   Reply With Quote
Old 11-08-2011, 09:03   #172
Registered User

Join Date: Apr 2011
Posts: 2,243
Re: How to Invest ?

Quote:
Originally Posted by tropicalescape View Post
dont laugh, but how about US treasure bonds...In a world(kennel) full of dogs we are still the best looking dog in the show!!Just ask Japan,England,China... they are still buying, even after the down grade by S&P DVC
Yes and with 2% yield on a 10 year T note that's better than any savings account right now.

There are also mutual funds that invest in the same things - just more convenient.
__________________
MarkSF is offline   Reply With Quote
Old 11-08-2011, 21:43   #173
Marine Service Provider

Join Date: Aug 2010
Location: north carolina
Boat: command yachtsdouglas32
Posts: 3,113
Re: How to invest?

Quote:
Originally Posted by Dan_78 View Post
Not so much for investment reasons, I did get some loose stones. During a trip (ok maybe a few) to Colombia, I went to a well known shop for emeralds people I worked with went to. This shop has a good reputation for quality. Over a few trips, I got a few stones. The largest I got is a 2.95 carat emerald in the shape of a heart. I payed around $600. Got back to the states and an appraisal was at $2500-3000.
Like I said, it wasn't for investment but it's not something I'm going to sell anytime soon either.
did you pay for the appraisal? if so add to the cost of the rock then try to get the appraisal price and if it works go buy some more .. sounds like my buddy who put 5000.oo worth of furniture in a storage building @ 175.00 a month for two years and then sold the furniture for 450.00 after all was said and done .I never understand it when people tell me that they invested 1000.00 and now its worth 4000.oo..I tell them if thats the case take the profit and let the principal ride ,they most often say no i'm in for the long run...all I can think is there is something wrong with this picture..why not take the profit if its such a good deal...dan I know you said its not an investment but so many people tell me that what they are doing is and for the life of me I cant figure it out...is it our culture of greed?..DVC
__________________
tropicalescape is offline   Reply With Quote
Old 11-08-2011, 22:10   #174
Registered User
 
avb3's Avatar

Cruisers Forum Supporter

Join Date: Jul 2010
Location: Florida/Alberta
Boat: Lippincott 30
Posts: 9,913
Images: 1
Re: How to invest?

Quote:
Originally Posted by Dan_78 View Post
Not so much for investment reasons, I did get some loose stones. During a trip (ok maybe a few) to Colombia, I went to a well known shop for emeralds people I worked with went to. This shop has a good reputation for quality. Over a few trips, I got a few stones. The largest I got is a 2.95 carat emerald in the shape of a heart. I payed around $600. Got back to the states and an appraisal was at $2500-3000.
Like I said, it wasn't for investment but it's not something I'm going to sell anytime soon either.
Back in the day (don't you love that term) when I ran a used vehicle department for a major dealership, we had a saying, "A car is worth what someone will write a check for".

Appraisals are best guesses, usually for insurance purposes and usually at retail.

Try selling a stone in the open market... a $2000 appraised stone may bring you $750-900.
__________________
If your attitude resembles the south end of a bull heading north, it's time to turn around.
avb3 is offline   Reply With Quote
Old 16-08-2011, 12:30   #175
Registered User

Join Date: Dec 2009
Location: Southern California
Boat: Irwin 43
Posts: 37
Images: 3
Re: How to Invest ?

If you want to invest, find some friends that need money to start or grow a business, and work with them. Put your money in places that you can make a sound decision on the capabilities of the people taking your money. Would you rather trust your friends with your hard earned money or a bunch of guys that need to make a mortgage payment on their home in the hamptons.

Outside of that take a look at peer to peer lending. I use lending club and get an 8% return on my deposits.
__________________
TugTubPaul is offline   Reply With Quote
Old 16-08-2011, 12:32   #176
Long Range Cruiser
 
MarkJ's Avatar

Cruisers Forum Supporter

Join Date: Dec 2007
Location: Australian living on "Sea Life" currently in England.
Boat: Beneteau 393 "Sea Life"
Posts: 12,828
Images: 25
Re: How to invest?

Quote:
Originally Posted by avb3 View Post
Try selling a stone in the open market... a $2000 appraised stone may bring you $750-900.
Where's a shingle beach when you need it?

__________________
Notes on a Circumnavigation.
OurLifeAtSea.com

Somalia Pirates and our Convoy
MarkJ is offline   Reply With Quote
Old 16-08-2011, 18:36   #177
Registered User
 
Delfin's Avatar

Join Date: Aug 2010
Location: Anacortes, WA
Boat: 55' Romsdal
Posts: 1,390
Re: How to Invest ?

Quote:
Originally Posted by TugTubPaul View Post
If you want to invest, find some friends that need money to start or grow a business, and work with them. Put your money in places that you can make a sound decision on the capabilities of the people taking your money. Would you rather trust your friends with your hard earned money or a bunch of guys that need to make a mortgage payment on their home in the hamptons.

Outside of that take a look at peer to peer lending. I use lending club and get an 8% return on my deposits.
Peer to peer lending is an interesting idea. However, going into business with friends is a very good way to reduce your number of friends, IMHO.
__________________
http://delfin.talkspot.com
When stupidity is a sufficient explanation, there is no need to appeal to another cause.
- Ulmann's Razor
Delfin is offline   Reply With Quote
Old 16-08-2011, 20:31   #178
Registered User
 
stillbuilding's Avatar

Join Date: Jan 2008
Location: Hong Kong
Boat: Custom Freya 20m
Posts: 961
I am not qualified to argue gold as investment one way or other BUT I think it is a particularly insular view to think that individuals do not freely trade gold for cash. Throughout Asia, including HK where I live, gold is freely traded by local housewives. Every village has a gold trader.
__________________
stillbuilding is offline   Reply With Quote
Old 17-08-2011, 07:08   #179
Registered User
 
pteron's Avatar

Join Date: Apr 2011
Boat: Other people's!
Posts: 86
Re: How to Invest ?

With QE1 QE2 and the highly likely QE3, there is a huge amount of money waiting to work its way through the system. There *will* be asset inflation but who knows which assets will inflate?

House prices are being artificially held high by the extremely low interest rates. I don't see those rates going up much in the near future as the biggest borrower (the US government) would then have to pay even more.

Politicians have mortgaged the future to buy votes and protect their funding sources.

My money's on gold and defensive stocks.
__________________
http://pteron.org/blog/2011/04/30/cr...sailing-links/All the CF blogs
pteron.org for discourse
pteron is offline   Reply With Quote
Old 17-08-2011, 09:29   #180
Registered User
 
avb3's Avatar

Cruisers Forum Supporter

Join Date: Jul 2010
Location: Florida/Alberta
Boat: Lippincott 30
Posts: 9,913
Images: 1
Re: How to Invest ?

Quote:
Originally Posted by pteron View Post
House prices are being artificially held high by the extremely low interest rates. I don't see those rates going up much in the near future as the biggest borrower (the US government) would then have to pay even more.
The national US housing index price is now the same as in 2003. Obviously there are significant regional differences.

On a constant value basis, if your house was 125K in 2003, it would need to bring 151K now to break even, due to inflation.

The question becomes, is that house 150K house going to decline to a value that is less then it was in 2003?

My suspicion is that there are significant values in real estate right now that can be taken advantage of. The gain will probably be made on income (rentals) as much or more then capital gain.

Gold is alluring, but one only can look for capital gain (or loss), and no income.

It's a thought that bears looking at.
__________________

__________________
If your attitude resembles the south end of a bull heading north, it's time to turn around.
avb3 is offline   Reply With Quote
Reply

Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off




Copyright 2002- Social Knowledge, LLC All Rights Reserved.

All times are GMT -7. The time now is 13:33.


Google+
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.
Social Knowledge Networks
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.

ShowCase vBulletin Plugins by Drive Thru Online, Inc.