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Old 27-03-2011, 15:27   #1
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How to Invest ?

Quote:
There's better ways to make money than holding real estate anymore.
So, Kenny Chaos says real estate is out. HWMO says my bank account is a waste of space (at inflation of 10% or whatever, and a very rubbish interest rate) - so what to do with my cash? I don't want to sail off with it under my pillow - the pirates would have a laugh....

Incidentally, I'd like to avoid the political aspects of inflation (it's there, I know that, HWMO keeps telling me all about it.... and I don't care!) - I'm asking about investment
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Old 27-03-2011, 15:29   #2
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Re: How to invest?

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Originally Posted by Saucy Sailoress View Post
There's better ways to make money than holding real estate anymore.

So, Kenny Chaos says real estate is out. HWMO says my bank account is a waste of space (at inflation of 10% or whatever, and a very rubbish interest rate) - so what to do with my cash? I don't want to sail off with it under my pillow - the pirates would have a laugh....
Give it to me. I will double it for you in a week. GUARANTEED
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Old 27-03-2011, 15:34   #3
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Re: How to invest?

Tell me how, and I'll give you a little cut of the profits....
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Old 27-03-2011, 15:39   #4
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Re: How to invest?

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Tell me how, and I'll give you a little cut of the profits....
If I am giving you double, then you have to assume I will be making a lot more than you - so I would not be settling on a "little" cut.

and if I told you how, then everyone would be doing it .....just send me the money and don't worry your pretty little head about the details

Remember, it's GUARANTEED.
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Old 27-03-2011, 15:47   #5
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Re: How to invest?

Cash isn't paying much because too many people are scared. Your bank account would be the worst place to invest. At 0.25% I would consider under the mattress paying nothing and safer is better than that. Peace of mind always was worth more than 0.25%.

Taxable bonds in the AAA and AA groups are up. I'm buying better than 5% and some > 6% with a small premium yet a long time before they are callable. You just need to be in so you can buy blocks big enough to resell. Nobody buys a small block of bonds. If you want 10% then you need to take the risk that comes with it.
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Old 27-03-2011, 15:54   #6
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Re: How to invest?

Forget gold, well... maybe not... but don't invest in it....


remember 'the Graduate?'

"PLASTICS!"




Not so much.....



Bronze.


Specifically, Silicon Bronze.

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Old 27-03-2011, 15:58   #7
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Re: How to invest?

Rentals / Apt complexes are the current way. Since house sales have droped because higher down payments as perdicted and job losses, folks have to live somewhere even with a less paying job and renting an apt is the answer other than moveing in with Dad and Mom. The only problem is Apt complexes cost more now than they did when houses were selling cheep like when I bought 11 years ago. I lived in one of my units untill we bought our catamaran last year and we still own and manage the place and in April we'll fix up our unit and rent it and store our stuff in my apt's storage unit . Around here rents are going up in price $100.00 a month more for a one BR apt than same time last year and almost doubled in the last 11 years. Privite homes are a lot slower investment these days to show much finantial growth and will take 20 to 30 years unlike the past 10 years. THE BEST INVESTMENT IS IN YOURSELF, like going back to college or learning to paint and fix toilets.
I'm a beliver in 'History Repeating Itself ' but I don't think the cheep down payments on houses will repeat, Our world maybe has learned from this recession were still in.
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Old 27-03-2011, 16:06   #8
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Re: How to invest?

SS, you haven't said were you want to invest. This is an interesting idea:

New social lending site set to rival Zopa | This is Money

Alternatively, buy shares in a good scotch whiskey

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Old 27-03-2011, 16:06   #9
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Re: How to invest?

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THE BEST INVESTMENT IS IN YOURSELF, like going back to college or learning to paint and fix toilets.
.
That I totally agree with. I'm back in Uni now, doing a Masters in Online Education - which I believe can only boom - and assuming that internet services onboard get better and cheaper, I'm hoping to make a few bucks there. Whilst I hope this 'investment' will yield a better return than the bank - it's what to do with the rest of it.

I'd like to buy a house - but am afraid of having to deal with all the maintenance, taxes, bills and other nonsense that come along with that...
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Old 27-03-2011, 16:08   #10
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Re: How to invest?

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SS, you haven't said were you want to invest. This is an interesting idea:
Not fussy - it's not like I have to be there... is it?
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Old 27-03-2011, 16:12   #11
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Re: How to invest?

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. THE BEST INVESTMENT IS IN YOURSELF, like going back to college or learning to paint and fix toilets.
I'm a beliver in 'History Repeating Itself ' but I don't think the cheep down payments on houses will repeat, Our world maybe has learned from this recession were still in.
YEP. I think I'll be watchen for a while
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Old 27-03-2011, 16:13   #12
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Re: How to invest?

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I'd like to buy a house - but am afraid of having to deal with all the maintenance, taxes, bills and other nonsense that come along with that...
A UK letting agency who do everything for you will want about 12% of the rental. Choose the right property and sit back and relax. One of the outcomes of the UK credit crunch is the number of peeps who are being offered mortgages has reduced, so more people need to rent increasing demand and rental income.


2 bedroom apartment for sale in Rope Quays, Gosport, PO12

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Old 27-03-2011, 16:42   #13
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Re: How to invest?

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Originally Posted by Saucy Sailoress View Post
what to do with my cash?
We have a boat so we don't have that problem.

However, on the serious side all bets are off right now. Investing in armament and energy companies is probably the only safe bet except the smart money is probably already there.

Write when you find the answer :-)



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Old 27-03-2011, 16:44   #14
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Re: How to invest?

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Choose the right property and sit back and relax. ......

2 bedroom apartment for sale in Rope Quays, Gosport, PO12

Pete
Newly honed mod instincts cutting in here....

Do you own this property / know the owner of the property / work for a publicity company who represents this property / have any other connection with this property or its owners....?
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Old 27-03-2011, 16:56   #15
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Re: How to invest?

The only way I know of doubling your money is by folding it in half.
Renting out your house(s) is a fairly safe bet but is contingent on the quality of the tenants. You are liable for taxes, repairs maintenance and insurance etc. The rental income has to cover all this and pay you the residue. Depending on your country of residence, there may be Tax implications on the sale of the property. By all means use a GOOD estate agent and let them handle all the BS and go sailing.

P.S. All this is based on being mortgage free.
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