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Community Forums › News and General Discussions Forum › Money and Finance Forum › What do you invest in?

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What do you invest in?
Advice on what to do with all the money you made on your last contract besides investing in Pork Bellys and oranges. Also discuss Taxes, Investments, IRAs, Starting Your Own Company and Financial Q&A
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BadMuther
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Joined: Aug 27, 2006
Posts: 6
Location: NC
PostPosted: Mon Aug 28, 2006 7:31 pm
Post subject: What do you invest in?

I have a PayPal MoneyMarket account paying a little over 5%...I've also had an Ing Orange "savings" account that pays almost 4 1/2.

I have a sep-ira, a roth, and a general investment fund (mutual funds). Looking to get some rental property.

Anybody else got any ideas???

If you don't have a money market account, look into one. Good interest rates and near cash availability.

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bandico
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Joined: Mar 27, 2007
Posts: 20
Location: australia
PostPosted: Thu Jun 28, 2007 5:03 am
Post subject: Re: What do you invest in?

me im gonna open up a brothel live the best of both worlds woman and $ iv got one but im always broke ....but least they cook you dinner...
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jeffkart18
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Joined: Oct 01, 2005
Posts: 928
Location: Every where
PostPosted: Thu Jun 28, 2007 8:25 am
Post subject: Re: What do you invest in?

Investing in property is allways a safe bet .

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Finman
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Joined: Mar 08, 2007
Posts: 211
Location: new england
PostPosted: Thu Jun 28, 2007 8:36 am
Post subject: Re: What do you invest in?

Undeveloped land. I did it in Port Charlotte Fla about six years ago and made a mint. It was just baren land with prospects for development and then it took off. Lots were 5-6k at the time, now your talking hundreds. Undeveloped means no headaches, hurricanes, tornadoes, insurance....
They are building a bypass superhighway for the Hoover dam, should be complete in a year or two, this opens up the mojave desert in AZ for massive development. Good time to look into it. Do your research though, Golden Valley area.
I usually do google searches and try to find massive highway projects and then see what the project is going to open up as far as development. It is a speculating business, but if you are getting in low because you have the forsight, there are big profits to be made. Also do census checks and see which states are on the rise, like AZ, NC,TN people need to have housing and these states still have alot of land available.
Again, undeveloped land means no headaches. That is where my money goes.

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OldSoldier71
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Joined: Aug 11, 2006
Posts: 894
Location: New Jersey, Iraq, Africa, Mexico, Kuwait, Afghanistan, Walt Disney World.
PostPosted: Thu Jun 28, 2007 1:51 pm
Post subject: Re: What do you invest in?

I have....

Home Depot
Disney
Tyco
Bank of Israel
Dow Chemical
Bank of the Bahamas
Several small up and comers

If you have your money invested in 5% return, send it to me. I will give you a flat 5% on your principal.

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Cold_Zero
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Joined: Jun 28, 2006
Posts: 164
Location: USA
PostPosted: Fri Jun 29, 2007 7:33 am
Post subject: Re: What do you invest in?

Within the lat few days, Home Depot announced a huge stock buy back. Their price should go up after years of Lowe's beating up on them. If your investment in H.D. is substantial, you need to go to the annual meeting and do some yelling.

Disney , is a safe bet. A consistent performer.

Personally, I like Real Estate. The market may go up or down , but the next day I will still own it and can still walk thru it and not realize the actual loss until the day of sale. Plus you get to make the decisions and not some suit wearing thief.... Neutral

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Cold_Zero
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Joined: Jun 28, 2006
Posts: 164
Location: USA
PostPosted: Fri Jun 29, 2007 7:36 am
Post subject: Re: What do you invest in?

OldSoldier71 wrote:


If you have your money invested in 5% return, send it to me. I will give you a flat 5% on your principal.

What is the insurance on that? O.S.D.I.C. Old Soldier Deposit Insurance Corporation....hahahahh Laughing

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SAMMUEL
Contributing Member
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Joined: Oct 31, 2005
Posts: 194
Location: San Diego Ca, / Baja Ca,Mexico
PostPosted: Fri Jun 29, 2007 11:56 am
Post subject: Re: What do you invest in?

What do you guys think about gold? Been doing some research on it before I jump in.

Looks like the big market are gold coins. Any views on this?

Thanks

Sam

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