chess online
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 Investors?investment themes/domains over the next few years? |
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Shares to watch..... pharmaceutical stocks, especially those companys specialising in treatments for head-aches and diarroea. Any company specialising in prosthetic limbs could also be worth keeping an eye on... |
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actions minieres prospecting compagnies? just like loto, but with an actual chance of winning.. hehe, nah i think land owning is the most lucrative one, especially if you have connections in the construction buisness |
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leo_london 24-Sep-06, 06:25 |
My " pension " is in the form of property now, I got fed up with being at the mercy of the so-called " financial experts " in the banks, insurance companies etc..I could do just as well blindfolded with a pin. |
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means the bank own the land until you get it paid for . . . |
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real estate |
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leo_london 24-Sep-06, 09:05 |
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yes |
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leo_london 24-Sep-06, 09:28 |
Jeff.. |
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interest only |
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jd What's your reasoning here JD? Ae your thoughts driven by concern or the US currency? If o, would your avice be true for others outside the US? |
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anyway. I'm feeling a bit wary about whr property prices will travl these next several years given tendencies for extreme movemnts to revert to the mean. Of course an increase in inflation would be good for property. Who thinks well see high inflation in the near future and why? |
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mark your avice be true for others outside the US? *** My reasoning here is pretty simple. An oucce of gold, is and ounce of gold, is an ounce of gold. Gold maintains it's value relative to everything. For example, one ounce of gold, a $50 gold piece, in 1900 could buy you a decent suit. An ounce of gold today, ~$600 by wieght, can still buy you a decent suit. One more example in 1900 400 ounces could buy you a reasonable house (400 x 50 = 2000). That same 400 oz can still buy you a reasonable house (400 X 600 = 240,000) - unless you live in california . Gold has value because it is gold regardless of currency. Gold *is* money, as opposed to the fiat currency shell game we all play along with. You can play in the shell game and make fake money, and since we can generally use this fake money like real money, for all intents and purposes you've made real money investing this way - so playing the "game" is not a horrible thing. Gold on the other hand is unique and survives any craziness in any of the markets because it is real. At the the end of the day if you buy $10,000 in stock, you own some paper saying you own that much stock. As long as well agree that means something, cool. But in the event of problems such as a stock crash or even worst case scenario: corruption that will not recognize your paper asset. Gold suffers from none of these problem. Since it can be somewhat problematic to own gold because it takes up space, needs to be protected, etc. and since the shell game is still generally accepted by all, I think it's prudent to drop about 20% of what you are ging to invest in gold and silver. |
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soulcrates 30-Sep-06, 22:44 |
That's impressive material jdh, |
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You folks yourself a land broker that will assist you in the transaction. The cost is borne by the seller and you can collect a portfolio of candidates and your broker can help you understand why or why not any piece of land is a good investment. It is just as easy to buy bad land as a bad stock, maybe even easier. Included in the transaction are a wide variety of technical and legal issues to be dealt with including, ROW's, easements of all kinds, title exceptions which can be very technical and an attorney will need to assist you. For example, the last parcel of property I purchased was zoned for 340 homes, but the title exceptions were 2 inches thick. A process noone that isnt a professional should tackle without being ready to spend due diligence money. Further, a review of private and public utilities would be wise, as well as an EIS (Environmental Impact Statement), including assurances from the Seller as to the condition of the property -- what it was used for, what kind of hazerdous materials could be on the site. These are only a few of the many complicated considerations I would look at before buying any dirt. BTW, the gold theory kinda made me scratch my head, (I found it both amusing and interesting) as your theory means that gold doesnt ever appreciate, in terms of its relative value....its worth as much 100 years ago in goods and services as it does today. There may be some very good reasons to buy gold, but the theory stated above was rather odd, and I thought it was kinda remarkable that gold has behaved that way... Why not buy tax free government bonds? You make a little money, sometimes as much as 7 or 8% and you dont hav to pay taxes on your gain. If your theory is that paper isnt worth anything if a catastrophic government collapse,etc... were to occur that wiped out currencies and entire markets, you gotta ask yourself this question -- how do you like your gold sir, medium rare...and would you care for some thing slick to help it slide down. But hey, maybe Im an idiot, since soulcrates was "impressed" and seems to have a handle on undeveloped land and the safety issues relative to it....who am I to barge in and laugh at you all. |
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BTW thought they could just sign a few papers and ride the wave up and sell. Anyone that did, or does that deserves to go bankrupt when the market turns as it is/has, since they never brought any value to the deal. I hope they all go bust and lose their shirts. That kind of behavior is assenine and is nothing more than a roll fo the dice -- a crap shoot and an attempt to steal from the "risk - reward" equation. And yes, it hurts me to agree with jeff. But at least Im honest. |
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Point taken... buy investents below thier intrinic value. Harder to do than wish though. I used to love the property game (at a small DIY renovation scale) but in Oz the consensus is that it's done its rush and is close to bubble teritory (unless major inflation supervenes). Of course if you are "adding value" to land through development there are many different issues to factor in. If i were in the US I'd support buying gold as it's hard to believe the currency will do well moving forward. Gold though as DOK says has no intrinsic return and really only ats as a hedge against inflation/catastrophic financial collapses. Whatare folks thinking about the general state of econimic health? |
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Mark 1,000 gallons of diesel to run (buried in my yard), guns, and water...I have a natural source and 50 gallon drums which I change regularly. Oh, the food is rotated, its the stuff my family actually eats, not some military packet. In a catastrophic global crisis, you will be able to buy a new car with a well cooked burger and fries.... |
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Sorry for being a hog here.... down the toilet, there are always great buys, and when interest rates climb, its fun to watch it accumulate every month at a clip that can be staggering....Assuming your able to do so... You asked about the economy. The economy is rock solid right now. Its a story that is not being told, for what I think, are political reasons. But just about every indicator imaginable says: A-OK... Housing has been a big factor in that. And the big national companies have lost as much as 30% of there value, but Im of the opinion that the economy as it pertains to housing has been running to hot. Interest rates are still good, however, and a slow down will actually be healthy in my professional opinion. |
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leo_london 01-Oct-06, 03:35 |
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DOK goverment US debt have never been larger and are growing exponentially. Not true? |
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I suspect |
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Mark depth "economic indicators" post...but if you google the issue, you will find that the economy is 1. Predictable right now...which is a huge factor. 2. Gas Prices are going down 3. Unemployment is scraping the bottom of the barrel 4. The housing issue I raised above is behaving as expected or better 5. US productivity is up 6. Teh dollar ended the third quarter up 7. The DOW Jones is about to touch historical highs: The DOW reflects "Main street" 8. People are optimistic 9. Spending is slowing...which means inflation has checked itself and the FED need not interfere 10. ....welll mark the list goes on... |
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DOK realize this is just *you* and you're not trying to be an arse, but occasionally it comes accross that way I'd like to respond about gold. Gold has been money for all of recorded human history and continues to be money. In the event of catastrophe it still money, I won't even need any steak sauce (unlike any other paper assest). Although, gold is a better asseset to sink some wealth into as a reserve and silver is a much better for use in buying and selling. Anyway, my suggestion was that whatever you invest, have about 20% of your investments be in gold, or silver I suppose. You can still sink 80% into the paper assets, which even though it really is a ginat scam, works like money because everyone still agrees its money and because of that other types of investments like stock, bonds, and funds are definitely a consideration. Let me rephrase that: it's not a bad idea to invest in stocks or bonds either. I agree with you about preparing for disaster with generators, food, water, etc. Buy a lot of ammunition and wiskey - both items easily used in barter - if we're talking hardcore disaster contingency Finally, you cannot trust the numbers about our economy that ome from the government or those who work as gvernment lapdogs. Anything from MSNBC, CNN, FOXNEWS is suspect. The economy is not doing as well they would like us to think. |
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What part of the economy has)...or is it, something else... Ahhhh...perhaps durable goods demand? The auto industry has suffered...but none of these (at least in my Caustic Opinion) are enough to paint the picture as a whole. And as a whole, I think that the economy is doing well. Nothing more, nothing less. How about trade issues? China as a competitor? I would be quite interested in what exactly it is that makes you think "The economy is not doing as well they would like us to think." BTW, you strike me as paranoid when you round up all the news outlets from Left to Right and declare them "lapdogs." In the end, I think the best thing to do is earn a lot of money early and then play safe. One wife, one house. No need to wipe out huge numbers on cars...(I think car payments are for the stupid that havent the brains to save and buy somehting that gets them from A to . It was the first thing to go when I was able. People spend as much on housing as they do on automobiles. I find that ridiculous and stupid. In reference to your gold comments. They are, again, in my caustic opinion, unfounded and lacking in real financial understanding. And I find youre remark about me "not trying to be an arse" exceptionally insulting, since I try quite hard to be an *arse* a lot of the time, and often, my caustic remarks are met with patience or people just dont get it... See, you heard right when I read the posts in this thread -- it was an easy conclusion to draw "You guys are all a bunch of idiots!" when it comes to the matters being discussed in this thread. Any one that didnt read my comment as a general insult missed my intent. "Idiots" was the point... You, on the otherhand, are just jealous...people hate the wealthy for no good reason at all. Its just the haves vs. the have nots. Interestingly, the wealthy have no malice toward the mediocre masses in their grey suits walking to work or taking the bus. ***careful now*** there might be a hook in that worm... |
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heh heh I wasn't insulted to be called an idiot about investing. I've been reading this thread with interest. So gold is out...then what is the best way to make money if you have a little money to start? <sits back and waits for the miracle cure, 0 down, make 30 K a month! Act now!> |
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Pawn BIG FYI: Stocks are designed to maintain wealth...not create it. I know...there are growth stocks out there...blah, blah blah... Im telling you stocks are meant to maintain wealth not create it. You gotta earn 3-4 percent just to okeep up with inflation year in and year out. Only a few ways to make real money. And it would take a lot more capitalistic maturity than the average guy in this liberal think tank has, in my caustic opinion.. Rule #1: You cannot steal, rob or plunder from the "risk/reward" equation. So, if you want to make a lot of money, you better learn how to create value. Other rules to follow...or not...perhaps the esteemed gentlemen of this choir arent interested in my ideas on the subject. |
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