| Author | Message | ||
| Barry Wolinsky (308gtb)
Member Username: 308gtb Post Number: 413 Registered: 2-2002 |
JNJ | ||
| Martin - Cavallino Motors (Miami348ts)
Advanced Member Username: Miami348ts Post Number: 3872 Registered: 5-2001 |
Charles, Omar, Tyler, as soon as I have the english version I will shoot you guys an e-mail. MArtin | ||
| Martin - Cavallino Motors (Miami348ts)
Advanced Member Username: Miami348ts Post Number: 3871 Registered: 5-2001 |
Charles, Omar, Tyler, as soon as I have the english version I will shoot you guys an e-mail. MArtin | ||
| Lucas Taratus (Karmavore)
New member Username: Karmavore Post Number: 50 Registered: 12-2002 |
Ken - You're my kinda thinker. Luke. | ||
| BretM (Bretm)
Advanced Member Username: Bretm Post Number: 3163 Registered: 2-2001 |
Just an idea... http://www.humanforsale.com there must be some people out there to buy for $25k. | ||
| Fred (I Luv 4REs) (Iluv4res)
Member Username: Iluv4res Post Number: 337 Registered: 8-2002 |
Ken, Don't forget to request a live web-cam feed so we can all watch that party!!! | ||
| ken rentiers (Rentiers)
Junior Member Username: Rentiers Post Number: 53 Registered: 2-2003 |
$25K?: A pair of 18 yr. old twins, several gms. of cocaine and a limo with indirect lighting! | ||
| Fred (I Luv 4REs) (Iluv4res)
Member Username: Iluv4res Post Number: 335 Registered: 8-2002 |
Christopher: Here's my 2 cents: Put the 25k into a mortgage that has a safe LTV. Perhaps even take back a mortgage on the property you are selling. You can get between 7-15% depending upon the borrower/property/etc. As long as there's equity in the property, you are safe. If the borrower defaults, you take the property and make $. If the borrower pays you, you make $. Much safer, in my opinion, then stocks. Higher yield then banks/etc... If you have equity in the property, take payments from the buyer instead of paying off the F-car (assuming the payment rate is higher than the rate on the car loan). It will postpone some capital gains taxes too (unless its a primary residence or you're doing a 1031 exchange). | ||
| Charles Barton (Airbarton)
Member Username: Airbarton Post Number: 298 Registered: 11-2002 |
Me too Martin! | ||
| Omar (Auraraptor)
Member Username: Auraraptor Post Number: 347 Registered: 9-2002 |
Martin, Me too  | ||
| Tyler (Bahiaau)
Member Username: Bahiaau Post Number: 538 Registered: 12-2001 |
Martin, shoot me an email with some more information please. Thanks | ||
| Martin - Cavallino Motors (Miami348ts)
Advanced Member Username: Miami348ts Post Number: 3854 Registered: 5-2001 |
Christopher, my company is laying out a new real estate related fond with $5,000 capital increment investment. It has a government guarantee 10% interest earnings. No deductions through management etc. If you are interested e-mail or call me I will explain. We are working on the paperwork at this point. The Fond starts in May of 2003 and will be desolved in July 2005. | ||
| arthur chambers (Art355)
Member Username: Art355 Post Number: 945 Registered: 6-2001 |
Buy a 308. Given the current prices, you will probably make money over the next 5 years. Art | ||
| Frederick Thomas (Fred)
Member Username: Fred Post Number: 678 Registered: 2-2001 |
You buy a call if you think it is going to go up and a put if you think it is going down. | ||
| Bruno (Originalsinner)
Member Username: Originalsinner Post Number: 940 Registered: 5-2002 |
pillow case until further notice. | ||
| Craig (Beachbum)
New member Username: Beachbum Post Number: 46 Registered: 9-2002 |
buy 1 yr call options, call means its gona go down right? i always get put and call confused, in 1 year oil will be half of what it is now, this is what they call a special situation, the only thing youll have to worry about is the taxes, im cash poor or id be in on this one, next year at this time id be driving that new 360 spider | ||
| Peter Sedlak (Peters)
Junior Member Username: Peters Post Number: 76 Registered: 1-2003 |
I bet Craig a gallon of gas he is wrong. Look what happened when the oil fields were torched during the Gulf War. Pricing shot up about 20% for 6 months. I had a MBZ diesel before the GW started. I paid $1.06 per gallon. It jumped to $1.25 three days after our first cruise Missiles went off..... | ||
| Charles Barton (Airbarton)
Junior Member Username: Airbarton Post Number: 224 Registered: 11-2002 |
You might be right Craig! | ||
| Craig (Beachbum)
New member Username: Beachbum Post Number: 45 Registered: 9-2002 |
the day after we go in to kick sadams butt, short oil, once sadam is gone oil is going to drop like a rock | ||
| Charles Barton (Airbarton)
Junior Member Username: Airbarton Post Number: 221 Registered: 11-2002 |
I think Peter is right, stay in hard assets right now. Anyone who thinks the stock market can't have more downside is fooling themselves, it has been overvalued for a very long time. Of course if you feel strongly about the possibility of another big drop, you could short the dow. It's not a bad idea to take out a second on the property to pay off the car either. You can probably get a much lower interest rate than a car loan and you can use it as a tax deduction. Nika hold on to the gold stocks until the war starts, then sell. Most people use gold as a hedge against uncertainty or inflation. They are probably slowly buying right now but as soon as they feel confident times will get better they will start selling. That was a good move 6 months ago, should have bought some oil contracts too! | ||
| Peter Sedlak (Peters)
Junior Member Username: Peters Post Number: 67 Registered: 1-2003 |
If your rental property is in an area of decent growth (5% per year), it would be foolish to sell it and pay off a car. For starters, you will have to pay taxes on the profit.Also, you will be losing the tax benny's such as depreciation, mortgage write off, upkeep expenses, etc. I have two rentals and often want to sell and take the profits, but in 2-3 years, I will kick myself in the head for doing so. The other item is if you have positive LTV, it increases your overall credit score when you need to apply for new credit. If you do not have the heart to be a landlord, pay a property manager to take it over for you. You can write off these fees as op expenses. Back to paying off the car, you would be farther ahead to take out a home equity line of credit against the property and pay your car off with those funds. You can keep the property and deduct the interest from the HEL.....Think hard on this one! My dad always told me: "son, buy a lot when you are young". | ||
| Jason Williams (Pristines4)
Junior Member Username: Pristines4 Post Number: 74 Registered: 12-2002 |
A very bullish market? hehe ;-) I agree with you, Mitchell. I am more into the beginning companies too, but I just threw WM out there since it seems to be a pretty solid stock. If I had $25k, I would probably put it in Rite Aid... one of the members on here highly suggested it. IMO, I agree with that memeber, it looks like it's ready for a jump. ... or, I would invest in IDE, BA, or LKM. Defence stocks should be on the climb in the next few months. | ||
| Mitchell L. Davidson (Jussumfastgi)
Member Username: Jussumfastgi Post Number: 464 Registered: 4-2002 |
Jason, do you know what it would take for Walmart to double? Some companies are so dominate already in their market that they can really only trend upwards slowly overtime. A small company has much better prospects for growth, however, a greater risk of loss as well. How much risk do you want to take? My advice, buy an index. | ||
| Glen Mckenna (Johndillinger)
Junior Member Username: Johndillinger Post Number: 52 Registered: 7-2002 |
let it ride on RMBS - if you have the time look into the story behide this tech stock. i believe its only a matter of time b4 its back in the 40's if not higher. trading around 13 today | ||
| Tim N (Timn88)
Intermediate Member Username: Timn88 Post Number: 2247 Registered: 6-2001 |
become a loneshark. there are plenty of ppl such as thugs, upstart drug dealers, etc that need money. you can lend it out to them and charge rediculous interest. if they dont pay you break their legs. that will return more than the stock market. your best bet was with the insurace "fraud" though. i dont like to call it "fraud" because the house really did burn down and you need to recoup your losses. you have the insurance for a reason you know... lol | ||
| Jason Williams (Pristines4)
Junior Member Username: Pristines4 Post Number: 72 Registered: 12-2002 |
IDE is good. Wal-Mart is good. WBHIX is good. UNHIX is good. WCHIX is good. WYHIX is good. Those are my recommendations. Look into them. Watch them. See what you want to do. Jason- | ||
| BobD (Bobd)
Member Username: Bobd Post Number: 995 Registered: 3-2001 |
Chris, it's pretty obvious. A few years ago, we were all experts in investing. We'd pin a Wall Street Journal up on the wall... throw darts at any NASDAQ stock and double it in a year. Now all we know how to do is lose it.  | ||
| Tim N (Timn88)
Intermediate Member Username: Timn88 Post Number: 2246 Registered: 6-2001 |
Use it to buy drugs in bulk and then sell those drugs. Have you ever seen some of the cars the feds and police confiscate from drug dealers? Some departments have nice cars that they confiscate from dealers as their DARE cars. A town down south had a viper. All this teaches kids is that if you sell drugs you get to drive a viper or some other hot sportscar. | ||
| Hubert Otlik (Hugh)
Member Username: Hugh Post Number: 483 Registered: 1-2002 |
chris- hold onto it, or get into another rental. that would be my 2 cents. | ||
| Christopher McCormick (92_348ts)
Junior Member Username: 92_348ts Post Number: 88 Registered: 6-2002 |
Thanks guys...I think | ||
| Nebula Class (Nebulaclass)
Junior Member Username: Nebulaclass Post Number: 189 Registered: 11-2002 |
Buy old playboy issues. | ||
| William H (Countachxx)
Intermediate Member Username: Countachxx Post Number: 1877 Registered: 2-2001 |
time to sell Gold, its at its highest $ in 7 years. Sell that baby | ||
| Nika (Racernika)
Member Username: Racernika Post Number: 788 Registered: 12-2001 |
in gold stocks.....just 6 months ago.... K - gone from $1 to $12 (KGC on AMEX now NYSE) | ||
| Todd Gieger (Todd328gts)
Member Username: Todd328gts Post Number: 353 Registered: 6-2002 |
I would let it ride on one hand of blackjack | ||
| Tim N (Timn88)
Intermediate Member Username: Timn88 Post Number: 2233 Registered: 6-2001 |
You should have burned down the rental house, collected the insurace money and then sold the property. You probanly would have ended up with more than $25k. | ||
| John A. Suarez (Futureowner)
Member Username: Futureowner Post Number: 416 Registered: 3-2002 |
ha, except for the little matter of diversifying out risk. ;) | ||
| Horsefly (Arlie)
Member Username: Arlie Post Number: 714 Registered: 5-2002 |
Keep 24,999 dollars in your pocket and simply drop one dollar in the CORRECT slot machine in Vegas! It's all a matter of timing; just like the stock market. | ||
| BretM (Bretm)
Advanced Member Username: Bretm Post Number: 3130 Registered: 2-2001 |
With $25k you could make a 348 pretty fast... | ||
| Matt Lemus (Mlemus)
Intermediate Member Username: Mlemus Post Number: 1758 Registered: 8-2002 |
Fix my Boxer | ||
| William H (Countachxx)
Intermediate Member Username: Countachxx Post Number: 1874 Registered: 2-2001 |
stock market is Very low now, you might want to wait till the war starts to invest. i just bought some Boeing, Lockheed, & Alliant Tech since the shuttle disaster depressed all their stocks. I like Ford cus its about $9.00 and has a PE ratio of negative 25 GM seems to be having a resurgance & having Bob Lutz cant be bad.. Tech stocks are very nice & low, everybody hates tech now, great time to buy. Amazon has risen almost 100% in the last year. its gonna take several years to see a good return but it will come. Good luck | ||
| Christopher McCormick (92_348ts)
Junior Member Username: 92_348ts Post Number: 87 Registered: 6-2002 |
I have decided to sell my rental property and pay off my Ferrari, which should leave me somewhere around $25k left over. The rental wasn't bad slush money ($1k/month), however I don't have the heart to be a landlord. I am not wanting to take any huge risks, but on the same note, I am not content with the ridiculously low interest rates banks are now paying for certificates of deposit. Any suggestions for a working class guy without much investment knowledge? Any and all help would be appreciated. |