Investment Strategy

[Grayeagle]

With the markets the way they are..

If you spent 1k on Enron stock .. or World Com .. or many others ..you'd have about 5 bucks of value these days.

Well.

If you spent 1k on BEER ..and recycled the cans ..you'd have over TWO Hundred BUCKS!!

Way more cost effective.

-Frank aka GE (heck I don't even drink beer)

[Getback]

 

Good one

[RTHolmes]

 

seriously though (since we cant do politics ) what is a good investment strategy for the next couple of years, given dropping interest rates, share prices and property values? I'm pretty sure there are good ways to profit from a the downturn into recession, but I'm all out of ideas here (George Souros I am not).

[VonMessa]

seriously though (since we cant do politics ) what is a good investment strategy for the next couple of years, given dropping interest rates, share prices and property values? I'm pretty sure there are good ways to profit from a the downturn into recession, but I'm all out of ideas here (George Souros I am not).

Best investment strategy for now?

[Mickey1992]

Approx 28 12oz beer cans = 1 pound of aluminum. 
Scrap aluminum is trading at about $.26/pound currently.
Say an 18-pack is $13.00.  That's $.72 a beer.
$1000 of beer = 1389 cans.
1389 cans = approx 50 pounds of aluminum.
50 pounds of aluminum = $13.

Aluminum bottles have x3 the aluminum of a can, but are 16 oz. and cost about $1.33 each.  My head hurts, you figure it out.

Empty kegs are going for $13 at the scrap yard.  It seems that $1000 in kegs would be the best investment. 

[DREDIOCK]

ok. WTF is an "Aluminum bottle"?


:edit:: nevermind I googled it

[hlbly]

.05 cents per returned empty .

[Grayeagle]

Well . . guess you'd have to drink more beer to get yer 200 bucks back.

-evil grin-

As for serious investments .. I never could bring myself to do anything other than just a 401k plan thru whatever company I was in at the time.

The fact is.. no matter how much research you do, it's a crap shoot.
Even the best companies get bit hard now an then.
I know there's software out there that predicts when to buy, when to sell, with margins built in on the value curve to try and make it fairly predictable.

I wonder how that's workin out for those that use 'em
Coupla things I did do.. I knew Reagan would never let Greyhound go under, told a friend to buy into it... he did fairly well on it.
These days.. I never look at the stock papers anymore.
Just not interested.

I'd rather spend the money on my car, or something tangible.. like .. ohh ..


CON

-Frank, aka GE

[Nilsen]

seriously though (since we cant do politics ) what is a good investment strategy for the next couple of years, given dropping interest rates, share prices and property values? I'm pretty sure there are good ways to profit from a the downturn into recession, but I'm all out of ideas here (George Souros I am not).

Put money in the bank for now. Im sure you guys gets high interests on YOUR money like we do (7-9%). When the suits (the same guys that helped start this mess) starts screaming BUY in the news then trust them. May sound funny but if they scream buy they tend to drive the market by simply saying so. If the stock market just gets a little bit of momentum over a week or two then the investors quicky forget what got them in trouble and the race is on for another few years.

Right now we are at a point where thousands of shares around the globe are undervalued just because there is a panic that in many cases have no foundation in reality. There is money out there, its just that the banks are sitting on it. They wont start pushing it through the system again until the panic settles and a few more rotten banks and investment houses have flipped over.

[VonMessa]

Approx 28 12oz beer cans = 1 pound of aluminum. 
Scrap aluminum is trading at about $.26/pound currently.
Say an 18-pack is $13.00.  That's $.72 a beer.
$1000 of beer = 1389 cans.
1389 cans = approx 50 pounds of aluminum.
50 pounds of aluminum = $13.

Aluminum bottles have x3 the aluminum of a can, but are 16 oz. and cost about $1.33 each.  My head hurts, you figure it out.

Empty kegs are going for $13 at the scrap yard.  It seems that $1000 in kegs would be the best investment. 

Kegs are 304  stainless  (Food grade)

Let me know where your scrap yard is, I need some more empty kegs to use as brew kettles   

[lazs2]

If you had bought an ounce of gold in the 1890's it would have cost you $20 and would now be worth about $900.   If you had bought a Colt single action army revolver it would have cost you about $20 and now be worth $2000 or more.

In the early 1960's a model 29 44 mag revolver would have cost you about $150 and now be worth about $1500

surplus .45 Colt autos and surplus lugers sold for about $20 in the 60's..  they now go for $1000 to $4000

I bought makarov pistols a few years ago for $125

lazs

[RTHolmes]

7-9%

looks like some of my moneys going to Norway then

[RTHolmes]

investment guns

interesting - do you know of any vintage/type which look like good value at the moment? There must be some unusual stuff from the former USSR knocking around for example.

[Nilsen]

looks like some of my moneys going to Norway then

I currently get 6,8% on my normal spending account and 8,7% on a special long term savings account. You can get even better if you work for it. The smaller online based banks usually gives you very good rates. Smaller local and big business banks gives you crappy interest.

[Ghosth]

Tax free municipal bonds are looking good right now.

Not sure I trust banks just now.