Where to invest?

[MrRiplEy[H]]

DUPLEXES..rental property. Thats where i made my cash. I made over $100,000 on my first house. I bought a 2 family house on a 15 year note. The first renter paid not only the mortgage payment but also the taxes. Now is the time to get into real estate. Its a buyers market. You can get houses cheap with high rent. You will never get back better returns on your cash if your not in real estate.But you have to be able to repair or remodle yourself to save and make big cash. You tube will teach you all that. And with the right tools anyone can be a carpenter. Good Luck.

Rentals can be a double edged sword. At least here the margins are pretty small and many renters destroy the apartments to a state that will eat the returns when renovating. That's why most people I know only buy houses for either own living or for selling. Rentals are not very popular choices for investments.

[SFRT - Frenchy]

Good infos/recomandations. thank you. 

[guncrasher]

Rentals can be a double edged sword. At least here the margins are pretty small and many renters destroy the apartments to a state that will eat the returns when renovating. That's why most people I know only buy houses for either own living or for selling. Rentals are not very popular choices for investments.

well if you require a deposit and the last month's rent then you are holding between 1500 to 2000 refundable less damages upon leaving the house.  If you rent to people who would rather destroy the house than get their deposit back then you rented to the wrong people.

the thing about rentals is that the rental income should cover the mortgage on the property.  the gain will be when you sell the house as it basically paid itself.   one of my uncles has several rental properties.  he hires a management company and he really gets no income from the rentals.  but he's holding on to about a million dollars worth of property and his total investment was about 30k.  he got second mortgages on some to acquire other rentals.  that was a pretty good investment.

his mother also has several properties but they are all paid off.  she gets several thousand dollars a month in income, enough rental income to laugh at what she gets from social security.


midway

[icepac]

Quick prototyping using selective laser melting.

We're experimenting with using it to make pistons and turbine wheels with our super alloy called pandalloy.

[B3YT]

Quick prototyping using selective laser melting.

We're experimenting with using it to make pistons and turbine wheels with our super alloy called pandalloy.

alloys made from panda ? Mt god that is one evil idea.......count me in.

[Dago]

The only way ammo and guns is gonna make you money is if you rob banks. 
Midway

this is not a guy to listen to, he doesn't know squat.

[icepac]

http://www.google.com/patents/US20090263275

If you know metal, you will find it interesting.

[LLv34_Camouflage]

Rentals can be a double edged sword. At least here the margins are pretty small and many renters destroy the apartments to a state that will eat the returns when renovating. That's why most people I know only buy houses for either own living or for selling. Rentals are not very popular choices for investments.

Depends completely on the local market situation.  Here in Finland , in the downtown areas of large cities (= growth centers), small apartments (studios and one bedroom flats) have been an excellent investment since ...errr... atleast the past 100 years. And in the past few decades it's been probably been the best.  The worth of real estate keeps growing and there is a huge shortage of these small apartments in downtown areas so it is easy to find good tenants. If you choose the property well, you'll probably have minimal risks.

Regarding renovating costs, and all other costs due to the property, they are fully tax deductible in Finland. Of course you have to invest in your property to keep it in good condition. But that is usually not more than 10% of annual profits. That's money well spent. You will miss the rent for the period when the apartment is being renovated, but with a small apartment you can do a complete overhaul in a week, so you're looking at most a few hundred euros of missed rent.

Even in Helsinki, where the rent/cost ratio is probably the worst in Finland, you can fairly easily get about a 5% profit just from the rent income alone. And the net worth increase of the property on top of that, which has been another 5% or so annually...

But as I mentioned, all this depends completely on the local market situation.

Camo

[Bodhi]

I bought 200 AR mags about 5 months ago really cheap.  They are already up 10X the price I paid and will likely be worth 15 to 20 times what I paid in the next few weeks.

[uptown]

Invert in beer



If you had purchased $1,000 of shares in Delta Airlines one year ago, you would have $49.00 today!

If you had purchased $1,000 of shares in AIG one year ago, you would have $33.00 today.

If you had purchased $1,000 of shares in Lehman Brothers one year ago, you would have $0.00 today.

But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for the recycling refund, you would have received $214.00.

Based on the above, the best current investment plan is to drink heavily & recycle. It is called the 401-Keg.

And as a bonus...

A recent study found that the average American walks about 900 miles a year.

Another study found that on average Americans drink 22 gallons of alcohol a year.

That means that the average American gets about 41 miles to the gallon!

Makes you damned proud to be an American

[Scotch]

 

[Ardy123]

Invert in beer



If you had purchased $1,000 of shares in Delta Airlines one year ago, you would have $49.00 today!

If you had purchased $1,000 of shares in AIG one year ago, you would have $33.00 today.

If you had purchased $1,000 of shares in Lehman Brothers one year ago, you would have $0.00 today.

But, if you had purchased $1,000 worth of beer one year ago, drank all the beer, then turned in the aluminum cans for the recycling refund, you would have received $214.00.

Based on the above, the best current investment plan is to drink heavily & recycle. It is called the 401-Keg.

And as a bonus...

A recent study found that the average American walks about 900 miles a year.

Another study found that on average Americans drink 22 gallons of alcohol a year.

That means that the average American gets about 41 miles to the gallon!

Makes you damned proud to be an American

If you purchased InBev stock 5 years ago you would have doubled your money 

[zack1234]

A good way to make money is to get people to invest in things and then blame a collapse in the markets so you don't have to pay it back

Your investment may go up or down

If you give me your money I will treble your investment

[Chalenge]

The only investment worth anything is family. You are not going to take personal wealth with you when you go. Keep enough around to handle emergency care. Dont worry about holding off the reaper when he comes for you. Too many people toss hundreds of thousands at medical and buy a few months. Take care of family and they will take care of you. No one else will.