Anileve Posted January 24, 2006 Report Share Posted January 24, 2006 What are some of the best investments in your opinion? I was thinking about real estate, but prices in New York are out of this world. I wouldn't really care about purchasing a 1 family house or a condo. A coop is a good residential investment, but not much of an income. A townhouse is substantial income, but it's a headache when it comes to the maintenance. Stocks are too much of a risk. That leaves one with little else. What are some of the financial investments that work for you? Quote Link to comment Share on other sites More sharing options...
Azat Posted January 24, 2006 Report Share Posted January 24, 2006 (edited) Eveul if you like real estate look in to REITs. However remember that most analysts are saying that the real estate market is in a bubble and may come down. Stocks are NOT risky is you invest properly and diversify. You will not gain as much as one high flying stock but you also will not loose much at bad times(if any) It is also a good idea to have a muni and a regular bond in your account. Some cash to cover 6 months of expanses in case of loosing a job(I have to learn how to do that as well) Couple of mutual funds And you are done. remember the rule of 105 which says 105-Age=Percent in stocks which will give you time to recover in case of disaster prior to retirement. also the rule of 72 when it comes to compounding interest which says that 72/rate of return=Number of years to double your money Oh ya and if you hit it rich please dont forget to send some change to this poor old man. Edited January 24, 2006 by Azat Quote Link to comment Share on other sites More sharing options...
Azat Posted January 25, 2006 Report Share Posted January 25, 2006 (edited) I wanted to add that it is very very important to diversify when investing. Initially it is hard as one usually has money to buy only 1 or 2 stocks but over time you get to buy other investments and build a nice portfolio. I have investments that have done well and some that have done crappy. I have investments where I own as little as 20 shares and some that I own 900 shares and it all takes time. It is also important to reinvest dividends. Over time this will payoff generously. Here is the list of investments that I own only as a guidance. I cant recommend any nor can I say that if you buy them you are going to make money off of them. Its just there as an example of "ok" balanced/diversified portfolio. Some I have owned for only few months and some like ORCL I have owned for over 10 years In my regular account AGR.B Agere Systems, Inc. AMAT Applied Materials, Inc. AMGN Amgen, Inc. AV Avaya Inc. BAC Bank of America Corporation BAX Baxter International Inc. D DOMINION RESOURCES INC DELL Dell Computer Corporation DIS The Walt Disney Company EMC EMC Corporation EMR EMERSON ELECTRIC CO GE General Electric Company IBM International Business Machines Corp. ITG Investment Technology Grp JDSU JDS Uniphase Corporation KRB MBNA Corporation LU Lucent Technologies Inc. MSFT Microsoft Corporation ORCL Oracle Corporation PCTEX **PUTNAM CALIFORNIA TAX EXEMPTINCOME FUND-CL PFE Pfizer Inc. SUNW Sun Microsystems, Inc. WM Washington Mutual Inc. WMT Wal-Mart Stores, Inc. SAN JOSE CALIF G/O SERIES 2005 Municipal Bond In my IRA AA ALCOA INC ABT ABBOTT LABORATORIES AMP AMERIPRISE FINL INC AXP American Express Company C Citigroup Inc. CMCSA Comcast Corporation DD E.I. DuPont de Nemours DELL Dell Computer Corporation DRE DUKE REALTY CORP EMC EMC Corporation G The Gillette Company HD The Home Depot, Inc. INTC Intel Corporation MCDTA McDATA Corporation NOK Nokia Corporation (ADR) PG PROCTER & GAMBLE CO PHSTX Putnam Health Sciences PHIGX PUTNAM HIGH YIELD TRUST PVOYX Putnam Voyager SCH The Charles Schwab Corp. T AT&T Corp. XOM Exxon Mobil Corporation PRUDENTIAL FINL INC Corporate Bond Edited January 25, 2006 by Azat Quote Link to comment Share on other sites More sharing options...
aSoldier Posted January 25, 2006 Report Share Posted January 25, 2006 (edited) Stocks are too much of a risk. No, they're not. You might want to try making money online. Seeing as how your computer literate, it shouldn't be a problem to get started. There are a lot of eBooks out there... Edited January 25, 2006 by sSebB Quote Link to comment Share on other sites More sharing options...
MosJan Posted January 25, 2006 Report Share Posted January 25, 2006 for now and for next year it will be gold just don;t go spend all of your savings on it only invest 20% in each market - play safe & stay the helll away for me real estate - unless your getting it for free %20 of your $$$ in Gold %20 or your $$$ in mutual funds %50 of your $$$$ in HyeForum stock's %10 of your earnings to Movses & Azat Retirement found Quote Link to comment Share on other sites More sharing options...
aSoldier Posted January 30, 2006 Report Share Posted January 30, 2006 (edited) All you need to know. No joke, no bs. It's not a scam. This is straight-to-the-point money making strategies/secrets that WORK. I just quit my job. It's worth every freakin cent! Edited January 30, 2006 by sSebB Quote Link to comment Share on other sites More sharing options...
Sip Posted January 30, 2006 Report Share Posted January 30, 2006 (edited) My goal for the next couple of years is to reduce my debt... student loans, credit cards, car loans, home equity line of credit, etc ... all gotta go except obviously for mortgage that I will never be able to pay off most likely I'll worry about investing after these loans are brought under some order. Edited January 30, 2006 by Sip Quote Link to comment Share on other sites More sharing options...
Azat Posted January 30, 2006 Report Share Posted January 30, 2006 All you need to know. No joke, no bs. It's not a scam. This is straight-to-the-point money making strategies/secrets that WORK. I just quit my job. It's worth every freakin cent! I have a feeling I know how this guy is getting rich and it has NOTHING to do with his investment strategies... Quote Link to comment Share on other sites More sharing options...
aSoldier Posted January 30, 2006 Report Share Posted January 30, 2006 I have a feeling I know how this guy is getting rich and it has NOTHING to do with his investment strategies... I'd like to hear this..can you explain? Quote Link to comment Share on other sites More sharing options...
Sip Posted January 30, 2006 Report Share Posted January 30, 2006 (edited) Yes send me $49.99 and I'll send you a CD and lots of other helpful information which will explain it all. Edit: I decided to lower the price for this one time. Edited January 30, 2006 by Sip Quote Link to comment Share on other sites More sharing options...
aSoldier Posted January 30, 2006 Report Share Posted January 30, 2006 Quote Link to comment Share on other sites More sharing options...
Anonymouse Posted January 31, 2006 Report Share Posted January 31, 2006 (edited) What are some of the best investments in your opinion? I was thinking about real estate, but prices in New York are out of this world. I wouldn't really care about purchasing a 1 family house or a condo. A coop is a good residential investment, but not much of an income. A townhouse is substantial income, but it's a headache when it comes to the maintenance. Stocks are too much of a risk. That leaves one with little else. What are some of the financial investments that work for you? Real estate is a good investment, if you have the money, and if the time is right. Right now the real estate market is home to a bubble that many don't even know, and yet many more choose to ignore and engage in denial. Thanks to Greenspans easy money policies and low interests and pumping more money into the economy, this excess liquidity fueled the boom that we currently have. (Note: Ever since the Federal Reserve's inception the economy has been hostage to this drastic boom-bust cycle). I'm currently investing in various mutual funds, such as American Funds, which are really good and their performance has been very admirable. I plan to be a millionaire by the time I am 50. I am also going to start investing and direct trading in stocks once I actually make some more money, and invest in a variety of other mutual funds. However, the best investment right now, and the most stable, is in the precious metals such as gold. As the world economy gets ready to suffer what potentially looks like the soft depression of the 21st century, central banks around the world will witness what the erroneous policies of pumping endless money does. And factoring in the current U.S. deficits in all walks of life (neither Americans individually, nor the government save) this country is in debt, so the value of the dollar will definitely fall with time. In fact, if you study economics you can see the value of the dollar having fallen ever since the inception of the Federal Reserve the value of the dollar has dropped in time, relative to that of gold. Hence that oft repeated mantra that a dollar today is worth less than a dollar fifty years ago. (I refer the reader to Murray N. Rothbard's classic What Has Government Done to Our Money? Case for the 100 Percent Gold Dollar). So a wise investment if you are not the risk taker, would be in mutual funds, and I suggest you not be an aggressive investor. Another wise investment would be in Chinese mutual funds, since the Chinese economy is growing at one of the most fastest paces in any economy, and is poised to be the worlds biggest economy in 20 years and maybe even less. So it's a good idea to invest in that market. If you invest in stocks, it is more risky, however, the pay off is bigger which is essentially what we all want, and it takes a certain savvy to do that, and the money. Remember, live within your means, and so too invest within your means. That means, if you must first save to invest, then do so. Edited January 31, 2006 by Anonymouse Quote Link to comment Share on other sites More sharing options...
Anonymouse Posted January 31, 2006 Report Share Posted January 31, 2006 (edited) I wanted to add that it is very very important to diversify when investing. Initially it is hard as one usually has money to buy only 1 or 2 stocks but over time you get to buy other investments and build a nice portfolio. I have investments that have done well and some that have done crappy. I have investments where I own as little as 20 shares and some that I own 900 shares and it all takes time. It is also important to reinvest dividends. Over time this will payoff generously. Here is the list of investments that I own only as a guidance. I cant recommend any nor can I say that if you buy them you are going to make money off of them. Its just there as an example of "ok" balanced/diversified portfolio. Some I have owned for only few months and some like ORCL I have owned for over 10 years In my regular account AGR.B Agere Systems, Inc. AMAT Applied Materials, Inc. AMGN Amgen, Inc. AV Avaya Inc. BAC Bank of America Corporation BAX Baxter International Inc. D DOMINION RESOURCES INC DELL Dell Computer Corporation DIS The Walt Disney Company EMC EMC Corporation EMR EMERSON ELECTRIC CO GE General Electric Company IBM International Business Machines Corp. ITG Investment Technology Grp JDSU JDS Uniphase Corporation KRB MBNA Corporation LU Lucent Technologies Inc. MSFT Microsoft Corporation ORCL Oracle Corporation PCTEX **PUTNAM CALIFORNIA TAX EXEMPTINCOME FUND-CL PFE Pfizer Inc. SUNW Sun Microsystems, Inc. WM Washington Mutual Inc. WMT Wal-Mart Stores, Inc. SAN JOSE CALIF G/O SERIES 2005 Municipal Bond In my IRA AA ALCOA INC ABT ABBOTT LABORATORIES AMP AMERIPRISE FINL INC AXP American Express Company C Citigroup Inc. CMCSA Comcast Corporation DD E.I. DuPont de Nemours DELL Dell Computer Corporation DRE DUKE REALTY CORP EMC EMC Corporation G The Gillette Company HD The Home Depot, Inc. INTC Intel Corporation MCDTA McDATA Corporation NOK Nokia Corporation (ADR) PG PROCTER & GAMBLE CO PHSTX Putnam Health Sciences PHIGX PUTNAM HIGH YIELD TRUST PVOYX Putnam Voyager SCH The Charles Schwab Corp. T AT&T Corp. XOM Exxon Mobil Corporation PRUDENTIAL FINL INC Corporate Bond Interesting that you have Oracle, Intel and Microsoft since their performance has been crappy at best in the past few years, ever since the tech boom bubble popped. Are you waiting for them to pick up pace? It's a good thing you don't have any GM shares. Now I am waiting for all the people who jumped on the Google bandwagon to witness another blowout there. Also, Exxon is good since they just reported their highest 3rd quarter profits evar! Edited January 31, 2006 by Anonymouse Quote Link to comment Share on other sites More sharing options...
Anonymouse Posted January 31, 2006 Report Share Posted January 31, 2006 I have a feeling I know how this guy is getting rich and it has NOTHING to do with his investment strategies... Never trust get rich quick schemes, is the advice I got from a senior economist at SmithBarney, and I suggest everyone take it. Quote Link to comment Share on other sites More sharing options...
aSoldier Posted January 31, 2006 Report Share Posted January 31, 2006 It's not a get rich quick scheme. It works. Quote Link to comment Share on other sites More sharing options...
vava Posted January 31, 2006 Report Share Posted January 31, 2006 I suppose I prefer to get rich slow except that recently it,s been too slow for my liking Quote Link to comment Share on other sites More sharing options...
Anonymouse Posted January 31, 2006 Report Share Posted January 31, 2006 I suppose I prefer to get rich slow except that recently it,s been too slow for my liking Well, I can understand that, and as humans we are impatient and we want things faster rather than waiting out the years. I don't know about you, but I'm pretty young and investing at this age, I have all the patience and in fact I've been crunching the numbers. With saving as well as investing I plan to to retire at 50. Quote Link to comment Share on other sites More sharing options...
aSoldier Posted January 31, 2006 Report Share Posted January 31, 2006 I have some tips on how to buy a house with no-money down. Quote Link to comment Share on other sites More sharing options...
vava Posted January 31, 2006 Report Share Posted January 31, 2006 ...With saving as well as investing I plan to to retire at 50. What'll ya do then? Honestly, I don't think I'll ever retire - unless it's to sail a boat around the world or such. I can't imagine becoming "irrelevant" as many of our marginalised senior citizens quickly become... that's arguably a fate worse than death (depending on your idea of death, of course)... But then, this is off-topic I,ll just end here. Quote Link to comment Share on other sites More sharing options...
Azat Posted January 31, 2006 Report Share Posted January 31, 2006 (edited) Interesting that you have Oracle, Intel and Microsoft since their performance has been crappy at best in the past few years, ever since the tech boom bubble popped. Are you waiting for them to pick up pace? It's a good thing you don't have any GM shares. Now I am waiting for all the people who jumped on the Google bandwagon to witness another blowout there. Also, Exxon is good since they just reported their highest 3rd quarter profits evar! Well I have owned all those 3 stocks(Oracle, Intel and MSFT) for over 8-9 years each and am still up significantly on them but yes you have seen one of my biggest flaws. I know when to buy good stocks, but I am really bad when it comes to selling stocks. I never can sell them at the appropriate time. BTW: I am in the same boat about retiering at 50. In fact earlied 45. I am not sure if I will reture at 45-50 because I will drive myself nuts if I do, but I want to have that option to myself when I get to that age. Edited January 31, 2006 by Azat Quote Link to comment Share on other sites More sharing options...
Anonymouse Posted January 31, 2006 Report Share Posted January 31, 2006 Well I have owned all those 3 stocks(Oracle, Intel and MSFT) for over 8-9 years each and am still up significantly on them but yes you have seen one of my biggest flaws. I know when to buy good stocks, but I am really bad when it comes to selling stocks. I never can sell them at the appropriate time. BTW: I am in the same boat about retiering at 50. In fact earlied 45. I am not sure if I will reture at 45-50 because I will drive myself nuts if I do, but I want to have that option to myself when I get to that age. Hey, there is nothing wrong with retiring early. What's up with this general attitude that somehow retiring early will mentally paralyze us? It means no more work, in the career sense. You can still exercise, spend time with your wife, go out to the 7-eleven, watch cars on busy corners, and even go on vacations if you're not busy shooting pool at the local pool hall making bets with a mid 40-year-old sketchy single white male who is there every night. And if you want, you can just sit home and enjoy TIVO. In fact, what better time is there to catch up on all the reading I've ever wanted? ENDLESS HOURS OF READING! You folks overlook all the benefits early retirement can bring. P.S. Regarding those stocks, I'd say SELL SELL SELL. What's the matter you don't watch MAD MONEY with Jim Cramer on CNBC? Quote Link to comment Share on other sites More sharing options...
Anonymouse Posted January 31, 2006 Report Share Posted January 31, 2006 I have some tips on how to buy a house with no-money down. I'm sure there are suckers born every minute who would love that offer. Quote Link to comment Share on other sites More sharing options...
aSoldier Posted January 31, 2006 Report Share Posted January 31, 2006 I'm sure there are suckers born every minute who would love that offer. Closed mind, eh? I don't blame you. The internet is full of fraud and cheating. However I'm not a part of that Quote Link to comment Share on other sites More sharing options...
Azat Posted January 31, 2006 Report Share Posted January 31, 2006 P.S. Regarding those stocks, I'd say SELL SELL SELL. What's the matter you don't watch MAD MONEY with Jim Cramer on CNBC? I do watch him on occasion. But lost complete respect for him when he recommended Qualcomm a BUY and projected it to go up to $600. I use to watch him in the mornings on CNBS and he use to also highly recommend SEBL when it was 80 and EMC when it was around 80 and few others so I dont have as much respect for him as most do. But he is okay. Someone needs to stop giving that boy coffee... Quote Link to comment Share on other sites More sharing options...
MosJan Posted January 31, 2006 Report Share Posted January 31, 2006 Gold has been doing good up to $570 per OZ so is Rhodium it was $1300 each OZ a year a go now over $3000 in 2003 it was close to $390 wan we got some Platinum is also up, we bid on it at $475 - but did lost my nerve and sold it at $925 now it's over $1000 per OZ i'm looking at Palladium it has good affordable price it was not much close to $165 - now it $300 and might go up 3 or 4 times more - it was over $1000 5 or 6 years a go Quote Link to comment Share on other sites More sharing options...
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