low risk, reasonable return

[quiet]

what should i be investing in?

i'm going to have a lot of money to invest at the end of '03 - where should i put most of it?

i just want very low risk. good returns. i have a lot of liquid cash to invest. real estate sounds better all the time, but i don't want a lot of hassles in the next couple of years.

i want to put the bulk of my money somewhere, and relax for a couple of years.

i have no debt what so ever. let me emphasis again: i don't want to turn any investment into a job (at least for the next few years). keeping that in mind, what do you think i should do?

LOW MAINTENANCE. VERY LOW RISK.

your thoughts...

[hahmike]

don't trust the gfy children with your money...

[nocostporn]

porn

[quiet]

Originally posted by hahmike
don't trust the gfy children with your money...

what ever gave you the idea i was?

[cheekycherry]

Very low risk and good return are not two words that usually go together... Bank account is your best option but the return will suck monkey spunk.

just give it to the tax man, he'll save it for you

[quiet]

Originally posted by cheekycherry
Very low risk and good return are not two words that usually go together... Bank account is your best option but the return will suck monkey spunk.

just give it to the tax man, he'll save it for you

very low risk, and *reasonable* return. let's say i'm talking about 3-4 M USD

is there no good place to put it for a couple of years, while i relax and ponder existence?

[Phoenix]

if i had a lot of money kicking around that i wanted to invest fairly safely...i'd buy a few houses in a little university or college town, and rent them out...they will pay for themselves...and if you pick the right tenants..they will be there for three years or more...and they wont trash the place

[Phoenix]

oh i just noticed you were playing with 3-4 m us...thats totally different...small apartment complex?

[MikeEP]

no such thing as the right tenant in a college town.

[cheekycherry]

hmmm... I don't like to say it but I think I would bank the majority and possibly buy some franchise with a little of it and get it running itself -> but even that would require a little work.

Macy dees anyone?

[slapass]

Office wharehouse. Not as risky as office or retail. Less work then Apartments. I did the change last year and now I have time to do porn. I also like tech stocks here so I may be a total dope.

[sonomasnap]

If you are serious and want good advice I can hook you up with the right people. Whoever said bank acct. is and idiot. Apartments can be great but you need a management company to run them for you. Tax free bonds maybe. Depends on how long you are willing to tie up the principal. Like most have said, good return, low risk is an oxymoron. You most likely want to diversify. Build and investment pyramid. A solid base of very safe investments, some growth investments and a small amount of higher risk-higher return investments.

Nice problem to have though,

[EscortBiz]

From Personal Experience:

You mention you don't want the investment to turn into a job, well this will get you into trouble.

Any investing you do if you don't check up on it and be ontop of it you will not make any money (unless you buy the Don Lapre package and place one tiny ad)

Also if you think for one second real estate is something you can invest and walk away and just collect checks think again, there is no such thing.

Here is what I have been doing as well as many of my friends (this is after losing tons in the market and in so many other private funding deals)

In the past 2 years I have purchased mom and pop type cash businesses that the seller was desperate for cash.

All those business had one thing in common the current owner only showed up to collect money, for example a laundromat in brooklyn, a arcade shop and a few others, all have been in business for over 5 years and had books showing profit on a annual basis (more % then the market would ever return)

It's still not hands free but at least the cash is there and the stores are not going anywhere anytime soon and I can always cash out.

Check out www.bizbuysell.com you can sometime find some desperate sellers.

If you are looking for an EGO investment you will invest in the Market or in Real Estate or some Fund BS with fancy letterheads, but I don't give a shit about that and you should not either if you are looking for a secure investment.

[FlyingIguana]

REIT's are good. i haven't looked at many stocks, but cisco is undervalued, they have tons of cash and are a well managed company.

[Sambuka]

Originally posted by cheekycherry
Very low risk and good return are not two words that usually go together... Bank account is your best option but the return will suck monkey spunk.

just give it to the tax man, he'll save it for you

Quiet, you make great money in PORN, I suggest you put your money that your printing into a bank account and collect interest. If you want more security you buy bonds. won't make you rich but your not trying to get rich from it, your porn does that for you, just keep it safe and be happy knowing its 100% safe, if your after good returns expect risk of losing money. I'm currently earning 5.7% on my money in a NZ bank and I'd rather have that than risk even for one second losing large chunks of it. If I want more money I'll make more in porn and bank it

Quiet Talk to your accountant about possible tax breaks with realestate if you haven't already. A lot of investers out of Australia go around buying up millions in realestate just cause its saves them heaps in taxes, perhaps your Canadaian govt has some similar laws.

Best of luck

Sammy

[cheekycherry]

Whoever said bank acct. is and idiot.

I said bank account - but the only idiot here is obviously you... Learn how to fucking read and write before calling me an idiot you fucknut...



The ONLY way you will get VERY low risk is with the banks etc... Shares, property and anything else like that will go up and down. The housing market in the UK is due for a readjustment (crash or devaluation) and shares haven't really picked back up since last year.

[quiet]

i am in a unique situation right now: at the end of 03 i'm out of here. i'll have a sizable amount of money (liquid). but i want a break. a large break.

keeping that in mind - what should i do with my cash? my priorities will be shifting to university, travel, snowboarding, reading and writing. etc.

i want to take several years off at least. so wtf should i do with the cash? i could just leave it in a high interest savings account (that's where most of it currently is), but i was hoping for something slightly better than that

[EscortBiz]

Originally posted by quiet
i have a feeling this is going to be a huge thread

i am in a unique situation right now: at the end of 03 i'm out of here. i'll have a sizable amount of money (liquid). but i want a break. a large break.

keeping that in mind - what should i do with my cash? my priorities will be shifting to university, travel, snowboarding, reading and writing. etc.

i want to take several years off at least. so wtf should i do with the cash? i could just leave it in a high interest savings account (that's where most of it currently is), but i was hoping for something slightly better than that

If its the biggest thread you will already earn a dvd player on your money lol

[KRL]

Flips. With cash on that level you can grab a ton of bargains, and like EscortBiz says, desparate sellers. It doesn't matter what the asset is as long as you can buy it deeply discounted off its true cash or market value, sit on it for a few, jazz it up a bit, if its a property for example, and re-sell it.

Another good one, patents. They can be very lucrative if you can find a small time company that's got a good one with acquisition potential by a major corp. down the road.

High end collectibles are always great.

Entertainment industry projects. Super high risk, but the payouts can be enormous and forever if you catch a good deal. Financing scrits can be lucrative if you have a good eye.

I used to do oil and gas property buying and selling. Its also super high risk, but if you do your homework and catch someone who needs cash you might find some good buys you can turn around and resell.

Secured Sub-prime financing deals. Huge market with enormous profits. Check cashing stores / pawn shops also in this realm and super lucrative.

[sonomasnap]

Bank accounts are not even close to the safest investment. The safest investment in the world is US Treasury Bonds. They are the only investment backed by the full faith and credit of the US Treasury.

[EscortBiz]

Whatever you do make sure you do not put all your money in one thing, spread it out as much as you can and good luck

[cheekycherry]

Bank accounts are not even close to the safest investment. The safest investment in the world is US Treasury Bonds. They are the only investment backed by the full faith and credit of the US Treasury.

The why the fuck do the government borrow from the BIG banks?

Most governments are fucking poor! Spending money they haven't got.

[bhutocracy]

real estate as always.. I give up 8% to the agents for handling rent collection and tenant services though.. and really it's not that hard to organise a tradesperson every now and then.. although with your money, the amount of property would probably ensure a reasonably steady stream of requests.. but I guess you could also hire that out with that sort of cash. Just a case of buying somewhere with good returns and not in over-inflated areas.

a big trend at the moment in buying carspaces.. thats certainly 100% maintenance free.. mostly yearly rent returns though and a bit fiddly given the amount you'd need to buy, same thing with storage containers.

that would be the dream though.. paint and write music whilst collecting rent cheques..

[X37375787]

gamble

[DarkJedi]

Easy: fly over to Vegas, go to some casino and place evrything on black.

If you win - you'r a lucky man and theres a reason to continue living.
If you lose - shoot yourself cause life sucks.

[quiet]

the funniest thing is - i've talked to my accountant, and my bank manager and the person who is handling my (at this point small) investments beyond my cash accounts.

none of them seem to be able to give me solid advice. any Canadians who will recommend an investment firm? anyway, i'm going to bed...

[FlyingIguana]

Originally posted by quiet
i am in a unique situation right now: at the end of 03 i'm out of here. i'll have a sizable amount of money (liquid). but i want a break. a large break.

keeping that in mind - what should i do with my cash? my priorities will be shifting to university, travel, snowboarding, reading and writing. etc.

i want to take several years off at least. so wtf should i do with the cash? i could just leave it in a high interest savings account (that's where most of it currently is), but i was hoping for something slightly better than that

put it in a few different spots. if you don't want to touch that money for a couple years, you're looking at what 2005, 2006? if you're gonna buy stocks, you buy them when they're low like now.

REIT's are real estate investment trusts. if you don't want to buy properties yourself, this is the way to go. if there isn't a large jump in the stock market next year i would look into stocks if i were you. maybe grab a few different mutual funds. you can always go with stocks that have low beta's and payout fairly high dividends.

do you have a financial planner? they can show you the different options that are available to you then you can make a better decision on whats best for you.

[macroguru]

Real Estate has been the best.

I am eyeballing some property around here with Apartment units, and some duplexes as well, all next to the universities.

I will manage them all, using some contacts I have, any work that needs to be done, will be done for the cost of materials and no labor bills. It took me a few years to build up the network with these guys, but hey, I did their IT consulting on setting their offices up and such, and did a lot of advising for free to them, just for the trade offs in the future.

It's paying off for me.


Macro

[hershie]

i would not trust any real estate ventures if you are trying to protect your principal and are not interested or need the cash flow that it would spit out. If you are looking at a 3 or 4 year horizon, you could land yourself in the middle of a huge dip in the market values of real estate properties, so I say its risky unless you have a much longer time horizon.

[Theo]

i can sale you cheap mp3 for $500k played only 4 times.

bob marley redemption song live in pittsburgh

good investment sir

[quiet]

Originally posted by Soul_Rebel
i can sale you cheap mp3 for $500k played only 4 times.

bob marley redemption song live in pittsburgh

good investment sir

great song. do you sell buffalo soldier too?

[Theo]

buffalo solder saled to mr equinox getting back cheap uins sir

[Serge_Oprano]

Originally posted by quiet
what should i be investing in?

i'm going to have a lot of money to invest at the end of '03 - where should i put most of it?

i just want very low risk. good returns. i have a lot of liquid cash to invest. real estate sounds better all the time, but i don't want a lot of hassles in the next couple of years.

i want to put the bulk of my money somewhere, and relax for a couple of years.

i have no debt what so ever. let me emphasis again: i don't want to turn any investment into a job (at least for the next few years). keeping that in mind, what do you think i should do?

LOW MAINTENANCE. VERY LOW RISK.

your thoughts...

what kind of yearly returns are you looking for?

also...
wait 'till the time when you have money IN HAND,
who the hell knows what will be IT in the END of 2003????

[Theo]

indeed. Bush is president.

[kmanrox]

Originally posted by quiet
i am in a unique situation right now: at the end of 03 i'm out of here. i'll have a sizable amount of money (liquid). but i want a break. a large break.

keeping that in mind - what should i do with my cash? my priorities will be shifting to university, travel, snowboarding, reading and writing. etc.

i want to take several years off at least. so wtf should i do with the cash? i could just leave it in a high interest savings account (that's where most of it currently is), but i was hoping for something slightly better than that

if this is the case, me personally, id diversify it into a mix of mutual funds, balance and hedge between hi, medium and low risk funds, and some cds.... but im not pro consultant hehe

[Sambuka]

There is one thing I would NEVER invest in again and thats the Sharemarket. I mean you make great money in porn why would you risk huge sums of money on another 5% on top of what the bank can give you. Invest that money back into porn and make even more profits.

And most of the Mutual funds are losing money, I mean didn't the USA pention mutual funds lose 9% in 2000 & 7% in 2001, its probably growing 3-4% again now but damn thats still going to take 5 years just to get back to where they were in 2000 and who knows if its going down again.

Sammy

[sonomasnap]

The why the fuck do the government borrow from the BIG banks?

Cherry,

I should not have called you an idiot but you are wrong. I was an institutional fixed income broker with a primary dealer for 10 years. This is my field of experitise. Without going into a whole investment seminar, rest assured that US Treasuries are THE SAFEST investment on the planet. Banks in fact borrow from the FED. Just want to set the record straight.

[DirkPitt]

Originally posted by quiet


very low risk, and *reasonable* return. let's say i'm talking about 3-4 M USD

is there no good place to put it for a couple of years, while i relax and ponder existence?

I would say different banks, in different accounts. You should be able to live off the interest of 3M .

[cheekycherry]

I should not have called you an idiot

Apology accepted.

[tony286]

blue chip stocks but only if you are going to buy and hold. Other than that real estate is the best, they cant make new land and no matter what the economic cycle people still need some place to live.

[FlyingIguana]

Originally posted by Sambuka
There is one thing I would NEVER invest in again and thats the Sharemarket. I mean you make great money in porn why would you risk huge sums of money on another 5% on top of what the bank can give you. Invest that money back into porn and make even more profits.

And most of the Mutual funds are losing money, I mean didn't the USA pention mutual funds lose 9% in 2000 & 7% in 2001, its probably growing 3-4% again now but damn thats still going to take 5 years just to get back to where they were in 2000 and who knows if its going down again.

Sammy

stocks were overvalued, thats the reason why they dropped. there are plenty of good buys right now. this is why you should have a mix of different investments. especially if you're not looking to actively manage your portfolio

[Smegma]

Quiet,

I'm not sure that this is the place to seek actionable advice. LOL

I would H I G H L Y suggest speaking to an investment advisor.

If you have over $1MM in cash, check out U.S. Trust.

http://www.ustrust.com/

They have turned me onto investment ideas I would have NEVER of thought of.

Before talking to them I was thinking along these lines:

Opening a few Quiznos Subs? - I love that Mesquite Chicken w/ Bacon!

Maybe open a McDonalds or two?

How about a hotel or B&B?

Opening / Investing in a strip mall?

Afterwards, I realized I didn't want the hassle of maintaining those investments. I want to kick it and watch my investments grow.

Anyway, those above items are FUCKING JOKE. If you want to live like a king, you have to go to where the kings go to get advice. It's expensive, but the ROI is decent and you can really diversify your risk. They can also educate you more about the investments they or you make. Fill you in on the details so you can make more educated / informed decisions. Once you let this information in, you start seeing opportunity EVERYWHERE. Shit that others don't have a concept of makes you fell like a genius. Like the guy who swindles the car dealer rather than vice versa.

Trust Me.

[multisexsite]

Try a CD. With that amount of money and a 2-3 year commitment you could probably get 6% by the end of 03. Thats $180k a year at 6%

[Manga1]

Quiet, definitely go with real estate. It's very low risk, and great returns. Plus you don't have to worry about it turning into a job. My family has some property here in Canada and I'm the property manager. The only time I really have to do any work is when we are looking for new tenants, and even then it's not much work at all. It just consists of showing the property to prospective tenants, negotiating rent and lease, and paying a visit to the lawyer to put together the documents. As for collecting rent, I have the tenants give me post dated cheques and I just make deposits every month. Very rarely do I have to do anything more than that. The odd time you might get a bad tenant, at which point you just call in the bailifs and change the locks on the doors.

I would recommend getting into commercial property rather than residential property, however. It's a lot harder to get rid of a bad residential tenant in Canada because of the Landlord and Tenant Act, whereas with commercial property it's not much of a problem unless their business is open 24 hours. Basically, if you have a residential tenant or a commercial tenant who's open 24 hours you can't just change the locks. Instead you have to get a writ from the courts to remove them which is a ball buster and time consuming. Plus you don't have to worry about rent controls (if your province has them) when you're dealing in commercial property. Either way, real estate is the best place you can put your money.

[nocostporn]

Originally posted by EscortBiz

Check out www.bizbuysell.com you can sometime find some desperate sellers.

indeed...thanks for the link, a lot of places within a 5 mile radius of me


I've got my quiet-esk plan developed already... My grandfather owns four 7-11's so I plan on using his advicce and get into some kind of franchise...Within the next 3 years hopefully

[nocostporn]

and I already have 3 rental properties First shit I bought when I finally got some money,I have a big fear of being a failure...I'll never enjoy anything I make lol it will always be put into some other business scheme

[andi_germany]

Lets say you have 4 million. This kind of cash will give you 3 to 5 percent on a bank account.

this is 120000 - 200000 bucks a year. Guess 40 - 50% taxes so we speaking 60000 - 100000 bucks a year. If you have no big expenses and live resonable you can easily rest on it for the rest of your life.

No risk at all. Noone handles your money but the bank and noone can steal your money. Bonds might be another option.

If you need more you will have to go with more risk.


My advice is simple. Don't invest in something that sounds to good to be true. Only greed can fuck with your future when you have that much cash.

[BJ]

put it all in XMSR!

[Simon-interaid]

I agree with andi.

Bank is your safest bet.

3% on your 3 mill usd is about 9000/month.

That is almost 14,000 canadian.

[[Labret]]

My ABN AMRO guy clued me into municipal bonds. Zero risk, the return is generally 6 to 10% yearly, and the best part... no pay taxes on the money I stick in or on the returns. Which is all I care about.

Then when its time to go, pull it all out, wire it offshore, give the bird to the IRS, and retire to some snowy village in Eastern Europe.