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Where to invest a shitload of cash?
Been sitting under my virtual mattress long enough (in the safe, actually). Any ideas where I should be laying out some spare money?
Please spare me the hookers and blow - those are fun, but they're not investments.
"The only real difference between the men and the boys, is the number and size, and cost of their toys."
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I hear that my safe is expecting serious ROI... all it needs is a great cash infusion from someone like you!
I do track a lot of Tech IPO and mergers, but have been off my game for a few weeks. I need to do research myself here in the next few days for my own reasons, and if anything looks really promising I'll share with you in a PM.
--J
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"Praise be to our prophet, John Moses Browning, who hath bestowed upon us the new testament of shooting. Delivered unto us, his disciples, on 29 March 1911 A.D."
Buy in to a car wash, or storage business. Money lending is a nice hobby too.
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"when you're happy you enjoy the melody but, when you're broken you understand the lyrics".
From what I've seen lately, buy transferable full autos, the damn things are appreciating faster than most anything else out there. And there fricken FUN!!!
This is not a joke. It's an extremely high growth rate investment.Originally Posted by XC700116
Personally, I'd buy real estate. It's never worth nothing, and prices are still low.
"It takes considerable knowledge just to realize the extent of your ignorance"
Thomas Sowell
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And there's one thing they aren't making any more of... land.
Except Hawaii... but I don't have the patience for that.
"There is no news in the truth, and no truth in the news."
"The revolution will not be televised... Instead it will be filmed from multiple angles via cell phone cameras, promptly uploaded to YouTube, Tweeted about, and then shared on Facebook, pending a Wi-Fi connection."
Actually there's 2, transferable full autos is the other one.
Like Tim said I wasn't joking, I never really considered it until a fellow board member mentioned it to me just this last weekend. I've started to do some digging and it's amazing how much appreciation is there, and how liquid it can be once you own it/atf forms clear.
Land is also one that I would be keyed into, but just owning land doesn't do you much good unless you want to live or recreate on it, or it holds some other intrinsic value. Ie if it's not for personal use long term, you need to do your research wisely and carefully. It can also be hard to move if you need quick cash. Yeah it can be leveraged but then you're paying someone else interest on something you already owned.
Last edited by XC700116; 04-25-2014 at 08:31.
Funny you should mention full auto's, this is exactly what I did with some extra cash.
Seriously, buy an automated car wash.
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"When law and morality contradict each other, the citizen has the cruel alternative of either losing his moral sense or losing his respect for the law." -Frederic Bastiat
"I am a conservative. Quite possibly I am on the losing side; often I think so. Yet, out of a curious perversity I had rather lose with Socrates, let us say, than win with Lenin."
― Russell Kirk, Author of The Conservative Mind
Investing in guns is never a bad idea... "I have too many firearms!" -No one... Ever.
"There is no news in the truth, and no truth in the news."
"The revolution will not be televised... Instead it will be filmed from multiple angles via cell phone cameras, promptly uploaded to YouTube, Tweeted about, and then shared on Facebook, pending a Wi-Fi connection."
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