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garrettmarvel2010
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8/8/2010 3:48:48 PM
WHAT WOULD YOU DO IF YOU HAD $100,000 TO INVEST?
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garrettmarvel2010
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8/8/2010 3:48:48 PM
RE:WHAT WOULD YOU DO IF YOU HAD $100,000 TO INVEST?
hey all - this is not a promo, its a legitimate question... in the next several months I will be landing a business lawsuit settlement that will put myself and partners in a cash positive position to invest in new opportunities... so does anyone have any solid suggestions worth looking at?
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Advanced member
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ENP
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8/8/2010 6:35:43 PM
Me personally or advice for your situation?
I'd invest that into property. I'd put 10-20% down on 3 bedroom houses and buy 2-3 houses.
But in your situation, if you own a business already, maybe expand, look to promote, advertise, etc.
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Advanced member
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alto
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8/9/2010 12:17:50 AM
Hi garret,
I would strongly advise u to check out Mike Maloney's site.. goldsilver.com. pick up his book and it's a real eye opener (at least it was for me). He explains more what RK says.. it's time to buy silver. I prefer the silver eagle coins, but the bars might be good for u, too. I don't know about using all of your $100k, but maybe it would be smart to invest at least a fraction of that (u decide after u read that book). I would also try to get some real estate and maybe look into other investment/cashflow things such as managed FX, REIT's, etc.
hope it helps,
alto
Don't work for money, Have money work for you!
Check out my blogs:
http://RealOnlineInvesting.com http://YsaKnows.com
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Advanced member
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Rickson9
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8/9/2010 2:01:14 PM
garrettmarvel2010 wrote: hey all - this is not a promo, its a legitimate question... in the next several months I will be landing a business lawsuit settlement that will put myself and partners in a cash positive position to invest in new opportunities... so does anyone have any solid suggestions worth looking at?
General rules.
#1. If you need to ask other individuals for investment ideas, you should not be investing.
#2. Money is always invested in assets that are the most understood by the investor and generate the highest after tax return; and that is different for everybody because nobody understands everything equally.
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Advanced member
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ozzfan1317
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8/10/2010 1:16:09 PM
Pick an asset class and teach yourself as much as you can about then keep learning. My strong point is stocks but you would need to know how to read the financial statements first. I'm working on real estate imo knowledge is power.
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Member
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CashFlowXperts
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8/14/2010 2:15:01 PM
"General rules.
#1. If you need to ask other individuals for investment ideas, you should not be investing."
I agree, Rickson9... well to the extent that I believe your point is not to take investment suggestions from just anyone.
Knowledge alone is knowledge. Knowledge and its proper use...is power. The ideas and knowledge on my bookshelf is no good to me until I properly put it to use. With that said, do not quickly jump into just anything. Whatever you invest in, make sure you "know it" before putting it to use.
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Guest
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Cesar Fasano
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8/14/2010 2:58:19 PM
Garrett,
Nice move...Besides the ideas that the guys have posted here for you, I'll add that you must keep in mind that you should educate yourself in any of the areas you want to invest in BEFORE you make a move.
Now, with the economic scenario ahead, precious metals like gold and silver are certainly great investements..(along as hedges against hyper-inflation)
Also, with the value of the dollar going down on the long term, any investment outside of this currency would be a smart move...After all, there's a HUGE transfer wealth underway.
Remember: Success = The Right Education + Massive Action
Good Luck!
Cesar
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Valued member
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snyderkv
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2/1/2011 11:28:02 PM
Cesar Fasano wrote: Garrett,
Nice move...Besides the ideas that the guys have posted here for you, I'll add that you must keep in mind that you should educate yourself in any of the areas you want to invest in BEFORE you make a move.
Now, with the economic scenario ahead, precious metals like gold and silver are certainly great investements..(along as hedges against hyper-inflation)
Also, with the value of the dollar going down on the long term, any investment outside of this currency would be a smart move...After all, there's a HUGE transfer wealth underway.
Remember: Success = The Right Education + Massive Action
Good Luck!
Cesar
To protect against hyper inflation? How many times has that happend in the last 100 years? To protect against something that is 1% chance of happening is a bad advice. It's like me buying a car, then buying the same car again in the chance that one gets stollen.
You can't live in Gold and produces no interest or dividens. You also can't trade it for a loaf of bread. It's value is based on fundamentals like jewlry and manufacturing. 40% of its value is based on fear and investor speculation (read this months Money magazine) Pluss if hyper inflation did happen, would suggest a worsened economy and therefore, who could afford to buy your gold if everyone is unemployed?
Someone mentioned buying Gold coins? Horrible idea unless your a collector. The spread on coins is horrible. Buy and sell a coin and expect a ~20%? loss immediately. The best thing to do is buy 1 Killo bullion or more. I'ts a solid 32 ounce brick or whatever it was and doesn't have all the pretty pictures on it that cost you in labor. Its cheaper then buying 32 1 ounce bars for obvious reasons. The higher you go the better, unless you invest in GLD paper gold? It may go up for another couple years or so but that is speculation and not really an investment.
Just too many what ifs with Gold. Bad advice IMO.
I don' t know what I' m doing but at least I' m doing. Von Snyder 2006
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coolcat51
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11/30/2010 8:20:45 PM
Gold and Silver still look real good right now.
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