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-   -   Im sick of making 1.5% interest from banks.. where do I put my money? (https://gfy.com/showthread.php?t=578904)

GiveIntoMe 02-22-2006 07:54 AM

you owe me on this one Validus

http://www.personal.barclays.co.uk/goto/pfs_couk_first

clickclickclick 02-22-2006 07:56 AM

spam money is always hard to invest in

clickclickclick 02-22-2006 07:57 AM

Quote:

Originally Posted by KRL
Sorry, but right now, unless you are doing long term investing, real estate is very risky.

Its advice like this from "elite" members of gfy that makes me glad ppl believe such nonsense.

Validus 02-22-2006 08:13 AM

Quote:

Originally Posted by GiveIntoMe

me me? me? hmm... am I missing something? But thanks... I guess :)

Peaches 02-22-2006 08:19 AM

Quote:

Originally Posted by KRL
Sorry, but right now, unless you are doing long term investing, real estate is very risky.

Depends on where you live. In my area, it's a slow but very steady incline. In addition, vacation rentals here are making big bucks :)

Sarah - GTS 02-22-2006 08:19 AM

Quote:

Originally Posted by shuki
Do you have a good resource site that has info on this?

Your best resource is to talk directly to a mortgage broker in your area.

If you are in Canada I recommend Ian Matthews,
www.mbrokers.ca

smashface 02-22-2006 08:19 AM

Quote:

Originally Posted by Myst
Ive got $200,000 to invest
I dont want to reinvest back into online projects, I just dont have the time for it

Real estate is risky..
Where can I put the money to make a decent % annually?

Im sure an investment adviser would tell you to diversify.

An interesting place to consider would be Prosper.com borrowers. People post what they would use the money for, their credit risk info is shown, and you can bid on how much you lend and at what percentage.

polle54 02-22-2006 08:21 AM

Real Estate in denmark is a rocksteady investment

clickclickclick 02-22-2006 08:23 AM

Quote:

Originally Posted by Peaches
Depends on where you live. In my area, it's a slow but very steady incline. In addition, vacation rentals here are making big bucks :)

he's elite so he's right and ur wrong.

sky's falling
dont invest in real estate

iraq had WMD

thank goodness for hyped crap

Fred Quimby 02-22-2006 08:29 AM

A new bank just opened accross the street from me.

5% for a 6 month cd

KRL 02-22-2006 08:31 AM

Quote:

Originally Posted by clickclickclick
he's elite so he's right and ur wrong.

sky's falling
dont invest in real estate

iraq had WMD

thank goodness for hyped crap

There might be pockets out there, but overall the real estate market is very tough and go right now.

Plus interest rates are going up again which will only make it harder for people to quality and cause further pressure on prices.

KRL 02-22-2006 08:32 AM

Here's another example of a nice industry domain for sale and it includes a nice site and comprehensive database.

http://www.AdultSponsors.com

[email protected] if anyone would like more details.

sex69 02-22-2006 08:38 AM

Put them anywhere alse and you will get more

GiveIntoMe 02-22-2006 08:52 AM

Quote:

Originally Posted by KRL
Here's another example of a nice industry domain for sale and it includes a nice site and comprehensive database.

http://www.AdultSponsors.com

[email protected] if anyone would like more details.


something tells me you want his money :winkwink:

clickclickclick 02-22-2006 09:17 AM

Quote:

Originally Posted by KRL
There might be pockets out there, but overall the real estate market is very tough and go right now.

Plus interest rates are going up again which will only make it harder for people to quality and cause further pressure on prices.

its all strategies.

ppl like it when prices of stock goes down coz they hold a short position.

and besides, housing is like domains, the market is inefficient enough that you can get deals from ppl who just want out.

=^..^= 02-22-2006 09:51 AM

I can show you a fixed income investment opportunity with 11-13% PA return with paymetns made monthly straight to your banking institution...
first payment in 30 days from your start up date

All 100% securitized

Canadian based

ICQ me 380-366

shuki 02-22-2006 09:58 AM

[QUOTEhahahaha^..^=]I can show you a fixed income investment opportunity with 11-13% PA return with paymetns made monthly straight to your banking institution...
first payment in 30 days from your start up date

All 100% securitized

Canadian based

ICQ me 380-366[/QUOTE]
Could you send me info on this too?

Bomber8888 02-22-2006 10:07 AM

I can show you a fixed income investment opportunity with 11-13% PA return with paymetns made monthly straight to your banking institution...
first payment in 30 days from your start up date

All 100% securitized

Canadian based

Can u send me info on this also?

Jason

=^..^= 02-22-2006 10:07 AM

Sure Shuki,
I'm Icq 'ing you now.

(I'd post a link to our site but since my divorce I'm keeping my mainstream interests away from the board ;) )

shuki 02-22-2006 10:10 AM

ICQ doesn't work here on this computer...can you send me an e-mail?

Thanks :thumbsup

jjjay 02-22-2006 10:20 AM

Quote:

Originally Posted by minusonebit
Buy some ammo. That stuff is gonna be worth alot of money in the near future.

you're clearly insane

jjjay 02-22-2006 10:22 AM

Quote:

Originally Posted by clickclickclick
Its advice like this from "elite" members of gfy that makes me glad ppl believe such nonsense.

yup, i stopped reading krl's 'wisdom' over a year ago. life's too short

Myst 02-22-2006 03:08 PM

good info

ForteCash 02-22-2006 03:33 PM

25% gold you keep on hand
25% growth mutual fund like "calamos growth fund A"
25% money market with a broker like raymond james which payes 4% right now
25% corporate class A bonds or a bond fund like the pimco harbor bond fund, or go into US bonds.

Talk to a financial advisor.


this formula above makes me great returns and has great saftey involved. its what you call a permenant portfolio.

czarina 02-22-2006 04:11 PM

Quote:

Originally Posted by beemk
if you're really scared of risk you could do a certificate of deposit. it doesnt pay much but its more than what you're getting. i invest in real estate myself.

actually CDs are paying about that, 1.5% right now, so that's not going to help him.
Look around international banks, mostly European banks. Their %'s are a lot better than US banks.

Also, Scotiabank Inverlat, a Canadian bank with offices in Mexico, has currently a 7.5% offer for 21 days, renewable in 21 day increments indefinitely. Minimum investment is 5K.

detoxed 02-22-2006 04:18 PM

Myst just hit me up, i'll build you a dating site and aff program and have it doing that much per month in a year :)

wdsguy 02-22-2006 04:25 PM

[QUOTEhahahaha^..^=]I can show you a fixed income investment opportunity with 11-13% PA return with paymetns made monthly straight to your banking institution...
first payment in 30 days from your start up date

All 100% securitized

Canadian based

ICQ me 380-366[/QUOTE]


Sounds like a pyramid scheme.

jjjay 02-22-2006 04:33 PM

Quote:

Originally Posted by wdsguy
Sounds like a pyramid scheme.

auto surfing...

ForteCash 02-22-2006 04:36 PM

I still like my concept I've been using for 7 years :thumbsup

25% gold you keep on hand in a safe or safety deposit box
25% growth mutual fund like "calamos growth fund A"
25% money market with a broker like raymond james which payes 4% right now
25% corporate class A bonds or a bond fund like the pimco harbor bond fund, or go into US bonds.

Talk to a financial advisor.


this formula above makes me great returns and has great saftey involved. its what you call a permenant portfolio.

Myst 02-22-2006 07:52 PM

prosper.com looks amazing
anyone tried em?

qwe 02-22-2006 08:28 PM

u are a fool if you holding everything in the bank when u mail....

woj 02-22-2006 08:48 PM

Quote:

Originally Posted by Egomancer
Put them in a bank in ROmania. I am here and the interest are like 4% per year for USD. And they are money in the bank :D

Egomancer

I would rather put money in paypal (pays 4.5%), than a Romanian bank, heh...


I would go with some stocks, just pick up some S&P 500 index funds and over a long term you'll make some nice $$$...

the indigo 02-22-2006 08:50 PM

Quote:

Originally Posted by KRL
Sorry, but right now, unless you are doing long term investing, real estate is very risky.

That one is funny. The world is not limited to USA. Open your mind to Global Real Estate.... as you do with global internet domain names. 40-80%/year is possible and very secure.

And even in USA... there are projects that guarantee 10% annually on top of the building plus value.

woj 02-22-2006 09:30 PM

Quote:

Originally Posted by the indigo
That one is funny. The world is not limited to USA. Open your mind to Global Real Estate.... as you do with global internet domain names. 40-80%/year is possible and very secure.

And even in USA... there are projects that guarantee 10% annually on top of the building plus value.

There is no free lunch with investing, higher returns almost always = higher risk and/or more work...

Myst 02-22-2006 10:04 PM

prosper.com looks amazing
anyone tried em?

brizzad 02-22-2006 10:06 PM

Myst, my day job consistst of debt consolidation, home refinancing and investments .. if you're in louisiana or texas I can get you anywhere from 4.5% to 7% on various CDs

john_mamay 02-22-2006 10:20 PM

freaking liar
 
are you for real? lot of people of @ your level don't try to make little money. i think you are a fake. apology to all my friends. but i think this one is not for real. john. :moon i ain't some shy guy. :Kissmy

john_mamay 02-22-2006 10:27 PM

:ugone2far $200,000 hah!!! i think u talikn about pesos.:ugone2far

rowan 02-22-2006 10:50 PM

Quote:

Originally Posted by Sarah - GTS
You could invest the money in second mortgages. The interest rates are usually 13%-20% (depending on the risk of the deal) but the beautiful thing is they are secured by a building, so if the borrower defaults you have a very good chance of owning the building (you can offer to buy out the first mortgage, then sell the building), PLUS you can charge high lenders fees, i.e. $2000-$5000 per deal

Hi, can you explain what the term "second mortgage" means? From a quick search on the web it seems to be borrowing cash against the equity in your property, but it's an additional loan and not necessarily through the same lender. Is that right?

(Just trying to figure out if it has another name in AU :) )

brizzad 02-22-2006 10:55 PM

How about you shove the $200,000 up my ass while I suck your dick and we call it even?


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