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Thread: what would you invest in??

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    Featured Member babybambi08's Avatar
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    Default what would you invest in??

    company or business or stock?? Im investing in my education right now.. Im going to a vocational school in december!! I cant wait! but after that Im going to invest in a good car.. something for me for once.. I plan on saving and getting a Acura TL for my birthday in june =) but then once I have that Im going to save up for a house of course.. but I will probably invest in a restraunt.. my mom wants one, and Im really think about it.. or course this will be years from now but I think thats something I would like.. my mom has managed two restraunts so I know she would be good.. and she is strictly business when It comes to that..


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    God/dess britneyireland's Avatar
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    Default Re: what would you invest in??

    You don't "invest" in a car, you buy one and watch it depreciate. Only in rare occasions do they go UP in value
    Rebecca Avalon







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    God/dess Paris's Avatar
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    Default Re: what would you invest in??

    If you have time, and aren't worried about losing your money, invest in American auto makers. It is a gamble, but if it does pay off, it will be awesome!


    Promote yourself and earn more money! This is a business that is owned by strippers for strippers. Let's make that money!


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    Default Re: what would you invest in??

    you should be investing in your FINANCIAL education!! I wish I had known this when I was twenty when stripping was easy! buy Robert Kiyosaki's books and CD's and secure your future before it is too late!! Rule number 1 .... an asset is anything that is worth more when you SELL than when you BUY.... good luck!

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    Default Re: what would you invest in??

    Quote Originally Posted by Paris View Post
    If you have time, and aren't worried about losing your money, invest in American auto makers. It is a gamble, but if it does pay off, it will be awesome!
    Investors cast a shocking vote of no confidence in the future of U.S. automakers Thursday.
    http://globaleconomicanalysis.blogsp...ath-watch.html
    Once again, the conservative, sandwich-heavy portfolio pays off for the hungry investor
    - Dr John Zoidberg

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    Banned Melonie's Avatar
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    Default Re: what would you invest in??

    if you listen to the 'tin foil hat' crowd ...

    gold ... guns ... wood stoves ... canned foods

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    Default Re: what would you invest in??

    Quote Originally Posted by Melonie View Post
    if you listen to the 'tin foil hat' crowd ...

    gold ... guns ... wood stoves ... canned foods
    So you're long the guns and wood stoves nowadays too?

    I would guess that gold's good now, except for some wierd supply shortages I've heard about which would be driving up the price. Oil's damn cheap at the moment. Still - picking directions is not my forte.
    Once again, the conservative, sandwich-heavy portfolio pays off for the hungry investor
    - Dr John Zoidberg

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    Banned Melonie's Avatar
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    Default Re: what would you invest in??

    So you're long the guns and wood stoves nowadays too
    actually, living in the foothills of the Adirondack mountains, I have been 'long' physical gold and guns and wood stoves on a personal basis for a very long time - along with a greenhouse, canning / preserving my own food, well water, a generator with 1000lbs of propane fuel etc. But my post was intended to be an answer as to possible investments that are likely to experienced an unprecedented increase in demand / profits ... with gunmakers and wood stove makers very likely fitting that bill if a depression does develop as speculated.


    except for some wierd supply shortages I've heard about which would be driving up the price
    You're not alone in this regard. It seems that there is a huge 'disconnect' between the COMEX price of 'paper gold', and retail dealer prices for real 'hold in your hand' gold (if they in fact HAVE any real gold available for sale in small denominations ! ). Part of this is definitely due to the volatility of gold prices, i.e. dealers don't want to risk buying gold for sales inventory at $900 an ounce today when it might only be worth $850 and ounce tomorrow.

    But there isn't any shortage of large denomination gold bars i.e. 10 oz and 31.25oz and 100oz or large denomination silver i.e. 1000oz bars !!! Conspiracy theorists of course would tell you that small denomination physical gold and silver bars / coins are deliberately being kept in short supply at the source in order to prevent 'Joe Sixpack' from turning to precous metals as a the ultimate 'safe haven' currency.

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    Default Re: what would you invest in??

    If the US does enter a depression and the USD collapses, then for sure there's going to be a huge surge in domestic demand for stuff which lets people be self sufficient (if people even know how to do that anymore) and stuff which is all imported at the moment. That'll be fun.

    In the more immediate term, gold and silver are looking interesting and slightly confusing.
    Once again, the conservative, sandwich-heavy portfolio pays off for the hungry investor
    - Dr John Zoidberg

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    Default Re: what would you invest in??

    If you trade your cash for gold, it is hard to buy "stuff" with metal. I may need a new portable generator, but I have no need for 2 ounces of gold. And the guy selling generators probably doesn't need it either.
    http://www.tickerforum.org/cgi-ticke...www?post=62689
    Once again, the conservative, sandwich-heavy portfolio pays off for the hungry investor
    - Dr John Zoidberg

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    Senior Member Butrcup98's Avatar
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    Default Re: what would you invest in??

    When you are talking about investing, first you have to consider your timeline. Are you looking for a short-term investment of 5 or 10 years? Or are you talking about retirement? The idea behind investing is to buy low and sell high. Gold is $980 an ounce right now, which is extremely high, and I would consider gold to be a long term investment. On the other hand, it's always worth something. So, if the USD tanks, you'll have back-up. You definitely want to buy things that will appreciate, like a house. But that's a long term investment, especially considering the housing market right now. Personally, I would open up a high interest savings account. I have one that is earning 3.5%, and while that is not high, it will beat long term inflation (which is said to be 3% per year). Also, unless you are knowledgeable about stocks, funds, and other investments, I'd hire a broker. Someone you pay to play with your money. Granted, it will cost you upwards of 6%, but it's better than losing it all on bad decisions.

    You said that your mom managed 2 resturants? Why did she leave? That's very important to consider. Not to say she wasn't good, but it would be good to know. Good luck.

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    Default Re: what would you invest in??

    Why would the government NOT want Joe 6pack to protect his savings with gold? If the dollar is to collapse at some point, wouldn't it be easier for the government to feed a smaller army of the unemployed then if a number of Joes had a few gold coins that they could trade for food?

    I hear the Chinese are actually encouraging their citizens to buy gold.

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    God/dess britneyireland's Avatar
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    Default Re: what would you invest in??

    I agree with midlife adventure, begin your financial education, something that is not taught in schools.

    David Bach, Suze Ormon, Robert Kiyosaki: all have different points of view, but thats okay because there is no one size fits all strategy
    Rebecca Avalon







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    Banned Melonie's Avatar
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    Default Re: what would you invest in??

    (snip)"Our Government made it illegal to do one of the only things that would have guaranteed economic survival for American citizens wise enough to save a portion of their wealth in gold during one of the darkest economic chapters in our history. Keeping gold would have immediately almost doubled their purchasing power at a time when they would have needed it most. Franklin Roosevelt blew out the only candle available to ordinary citizens struggling woefully in the dark days of the depression. Amazing. U.S. citizens, if they had been allowed to own gold, would have automatically almost doubled their money a few months later. How? Well, Just 8 months later, new Federal legislation known as the Gold Reserve Act of 1934 enacted on 30 January, 1934 revalued gold versus the dollar. The official price was raised from $20.67 USD per ounce to $35.00 USD per ounce. Actually, we all know that gold is the immutable standard. The dollar was devalued. A 20 dollar gold coin could have theoretically been exchanged for 35 paper dollars. This would have help the unemployed and financially ruined citizens of this nation far more than the confiscation of their only possible source of legitimate, honest wealth."(snip)

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    Default Re: what would you invest in??

    I've got long term investments in green technologies and ethical investments with the Calvert foundation

    http://www.calvertfoundation.org/index.html

    I'm REALLY voting with my dollars now

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    Default Re: what would you invest in??

    ^^^ actually, you're voting with other people's dollars ... because it is the involuntary transfer of tax money via tax credits and gov't subsidies that makes most green technology companies profitable. Nonetheless, these companies will continue to be profitable providing US gov't policy towards these subsidies doesn't change.

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    Default Re: what would you invest in??

    Quote Originally Posted by babybambi08 View Post
    ... my mom has managed two restraunts so I know she would be good.. and she is strictly business when It comes to that..
    My dad worked for an auto parts supplier for years. He made a good wage, but then the company got in financial difficulties and started laying off employees, cutting benefits and overtime. Finally, my dad was let go. By that time he had divorced my mom. (Long overdue, I might add, but it still added to his financial difficulties.) He went to work for his brother in a auto repair business that my uncle owned. (I do their accounting and taxes.) The business has grown and a downturn in the economy is likely to be good for them. (More people fixing up cars rather than trading them in or going to the dealer for service.) For the first time in his life, my dad has some financial stability and a real live retirement savings that he can depend on. Don't let people talk you out of the wisdom of getting into business with family. If it's something you and your family know, it can be a good investment. Small businesses throw off lots of cash to their owners and the tax breaks can be awe inspiring.

    HTH
    Z

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    Default Re: what would you invest in??

    Investing smart in the possibilities you find in yourself is never a bad idea. In fact it can be the best idea.

    Gold is always a non-productive hedge; it is also a commodity that has to be stored. Then it is difficult to exchange for goods. And then there is the always pesky sales tax to deal with.
    I loved going to strip clubs; I actually made some friends there. Now things are different for the clubs and for me. As a result I am not as happy.

    Customers are not entitled to grope, disrespect, or rob strippers. This is their job, not their hobby, and they all need income. Clubs are not just some erotic show for guys to view while drinking.

    NOTE: anything I post here, outside of a direct quote, is my opinion only, which I am entitled to. Take it for what you estimate it is worth.

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    Banned Melonie's Avatar
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    Default Re: what would you invest in??

    Small businesses throw off lots of cash to their owners and the tax breaks can be awe inspiring.
    This has historically been the case, but may not remain the case in the future based on announced small business tax increases by the potential victor of the upcoming election. Not wanting to be overly political in Dollar Den, but the magnitude of tax increases being proposed is far from trivial ...

    (snip)"The Obama campaign maintains that the number of small-business owners is what’s important. Economists know what matters is the tax rate that’s applied to the bulk of small-business income. Make no mistake about it: Obama’s plan to raise taxes on households making more than $250,000 will raise taxes on most small-business profits in America.

    What type of tax rate are we talking about? Currently, S corporations face a top tax rate of 35 percent, while sole proprietors and general partners face a tax rate of 37.9 percent (since they’re responsible for paying both income tax and the Medicare component of the payroll tax).

    Under Obama’s plan to let the scheduled 2011 tax rate hikes occur, and his plan to raise the self-employment tax on those making more than $250,000, the S corporation rate would rise from 35 percent to 39.6 percent. The sole proprietor and partner rate would rise from 37.9 percent all the way up to a staggering 50.3 percent. Many Democrats in Congress have proposed making all small businesses (including S corporations) pay this 50-plus percent rate. A small business tax rate that high would be the highest marginal rate faced by them in nearly a quarter-century."(snip)

    from

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    Default Re: what would you invest in??

    Quote Originally Posted by person View Post
    So you're long the guns and wood stoves nowadays too?

    I would guess that gold's good now, except for some wierd supply shortages I've heard about which would be driving up the price. Oil's damn cheap at the moment. Still - picking directions is not my forte.
    Don't forget plenty of ammo.

    I like compound bows and arrows because they are reuseable.

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    Default Re: what would you invest in??

    Quote Originally Posted by Melonie View Post
    ^^^ actually, you're voting with other people's dollars ... because it is the involuntary transfer of tax money via tax credits and gov't subsidies that makes most green technology companies profitable.
    The entire 'tax' premise is to influence/promote events by allowing tax breaks. This country has been doing that since they started collecting taxes. so do other countries with a market economy.

    One thing that is misconcepted here is that the government is transferring money from one class of people to another class by shifting taxes and tax rates around. What it is actually doing is forcing the people who can most easily afford it to pay more for the enhanced benefits they already get. These is no reason that a family making $25,000/yr with only minor assets should be expected to pay as much percentage of their meager resources in taxes as someone making 10, 100, 1000, 10000 times as much. Those wealthier people use more of the nation's resources by far than the poorer ones. That is, except those making less than a poverty wage...

    Back a century ago those legitimately unfortunate not able to earn a living by disease, infirmity, or medical disability, were dependent on others, largely only relatives or friends who often were living on the edge of poverty themselves. I look on poverty programs for those as a kind of insurance that is more equitably shared by all benefitting by living in this country. I know some would look on those people as the "too bad's" of the world, not my affair; but there always have been cruel people in this world.

    Those who are faking the above conditions and/or who can be productive and earn money, should be turned out or helped or something; not given resources by the rest of us. They need incentives to do for themselves,not handouts. I think it is cruel to them to allow them to continue fleecing the rest of us. (And those having babies to collect more welfare or child support certainly falls into this category for me.)
    I loved going to strip clubs; I actually made some friends there. Now things are different for the clubs and for me. As a result I am not as happy.

    Customers are not entitled to grope, disrespect, or rob strippers. This is their job, not their hobby, and they all need income. Clubs are not just some erotic show for guys to view while drinking.

    NOTE: anything I post here, outside of a direct quote, is my opinion only, which I am entitled to. Take it for what you estimate it is worth.

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    Banned Melonie's Avatar
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    Default Re: what would you invest in??

    ^^^ there you go !

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    Default Re: what would you invest in??

    honestly theres some really really bad advice on this thread.
    if i was living in the usa i would be leaving my dollars in cash atm

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    God/dess Zofia's Avatar
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    Default Re: what would you invest in??

    Quote Originally Posted by Melonie View Post
    This has historically been the case, but may not remain the case in the future based on announced small business tax increases by the potential victor of the upcoming election. Not wanting to be overly political in Dollar Den, but the magnitude of tax increases being proposed is far from trivial ...
    Very good reasons to be wary of Barak Obama. However, it is worth noting that none of the rate increases affect the nature of business taxes. They are net income taxes not gross income taxes like wage earners pay.

    An example or a tax break that the business owner enjoys: The business reimburses the owner, who is also involved in the business, for miles driven on the owner's personal car. (In support of the business, not personal miles.) The company deducts the mileage reimbursement it pays to the owner. Yet, the owner does not have to include the reimbursement in her income. Effective tax rate, Zero! Many expense reimbursements work that way. Yet, if you are a wage earner, you get the benefit of not including the expense reimbursement in your income. But, you don't get to deduct it from your business. Only half, at best, of the benefit is yours. The other half belongs to the business.

    A change that we will probably see, no matter who is elected, is depreciation schedules. Currently, automobiles used in a business, are almost completely expensed in the year of purchase. Either Obama or McCain will probably change the depreciation rules to spread that expense out over five years. The benefit will not go away entirely, but it will not be worth as much as it is now. That is, unless the auto industry gets in real trouble next year. Then we can expect to see the current system extended. The auto industry has a great lobby in DC.

    HTH
    Z

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    God/dess threlayer's Avatar
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    Default Re: what would you invest in??

    If we all had enough insight and wisdom, we would have pulled out over 1-2 months this summer into treasury bills and now be slowing plugging back into the market, slowly....
    Last edited by threlayer; 10-26-2008 at 01:55 PM.
    I loved going to strip clubs; I actually made some friends there. Now things are different for the clubs and for me. As a result I am not as happy.

    Customers are not entitled to grope, disrespect, or rob strippers. This is their job, not their hobby, and they all need income. Clubs are not just some erotic show for guys to view while drinking.

    NOTE: anything I post here, outside of a direct quote, is my opinion only, which I am entitled to. Take it for what you estimate it is worth.

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