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things that appreciate

Discussion in 'Channel Zero' started by GREENOJOS, Feb 27, 2005.

  1. GREENOJOS

    GREENOJOS 12oz Member

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    things that appreciate

    Discussion started by GREENOJOS - Feb 27, 2005

    Lately I've been thinking about different ways to make money, good investments and other things that will make for a better future. What are some of the things you guys are putting money into that you feel will appreciate in value as opposed to losing it's value/worth?

    Me:

    -Looking into buying a house.
    -401k plan at work.
    -stock options at work.
    -i've been talking with my stock broker about different bonds and other long term investments.
    -i plan on looking into purchasing some land some time down the line.
    ...to name a few.

    let's here it.
     
    GREENOJOS - Rank: 12oz Member - Messages:
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  2. haunts

    haunts 12oz Member

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    haunts - Replied Feb 28, 2005

    ive been checking out govt house auctions myself. you can get a house for 1000 dollars because somebody didnt pay their taxes. turn that shit over for 20.
    well, you get the idea.

    on a smaller scale, there are some really cheap diamonds on ebay. stuff of this size only helps to pay the bills though, it doesnt really help alot in the long run.
     
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  3. Vanity

    Vanity 12oz Veteran Member

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    Vanity - Replied Feb 28, 2005

    spinners
     
    Vanity - Rank: 12oz Veteran Member - Messages:
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  4. mackfatsoe

    mackfatsoe 12oz Veteran Member

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    mackfatsoe - Replied Feb 28, 2005

    MY WHEELS STOP, MY RIMS STAY SPINNIN'
     
    mackfatsoe - Rank: 12oz Veteran Member - Messages:
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  5. dr.testical

    dr.testical 12oz Senior Member

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    dr.testical - Replied Feb 28, 2005

    flippin bricks
     
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  6. Dick Quickwood

    Dick Quickwood 12oz Loyalist

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    Dick Quickwood - Replied Feb 28, 2005

    [​IMG]
     
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  7. TresOne

    TresOne 12oz Member

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    TresOne - Replied Feb 28, 2005

    There's this shitty, delapidated gas-station a few blocks from my house, and it sits right on a main road running through the upper-class neighborhood... This particular station does ZERO business, as it's flanked by an Esso on one opposing corner and a 7-11 on the other.

    Also, on the lot adjacent to this shitty station, there's an old garage that shut down about 5 years ago, and the building is just kickin' there collecting dust.

    If i had the cash / if i wasn't so afraid to take a loan out, I'd demolish the station and the old garage, repave the parking lot (which is fucking massive in comparison to the Esso and 7-11) and put up a Tim Hortons (Drive-Thru, baby). It would make a fucking killing - it's on a main road that connects to one of the major in-city highways, and would be the only Timmy's within a good 5 or 6 km radius. Plus, it's right smack-dab between upper-class and upper-middle class hoods.

    I know it'll happen sooner or later, and some schumck will be making all of my "should-be" cash.

    Gawddamn.
     
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  8. Ski Mask

    Ski Mask 12oz Loyalist

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    Ski Mask - Replied Feb 28, 2005

    if you wanna redevelop a ex-gas station site you better have the resources to sit on the property while its vacant for 10 or so years. alot of those places have huge soil contamination and require lots of money to clean up. theres dozens of them out here...prime real estate...but it cant be redeveloped yet.
     
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  9. sarahyoulose

    sarahyoulose 12oz Senior Member

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    sarahyoulose - Replied Feb 28, 2005

    in about 3-4 years i will be putting down a 30,000 dollar downpayment on a condo..
    that is when my inheritence coems to me. and my savings
     
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  10. dkab

    dkab 12oz Member

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    dkab - Replied Feb 28, 2005

    i was thinking of getting a loan (later on in life.. way too young now of course) and building a Mc Donalds store, as where i live there arent heaps for a city, until i found out they cost around (AU)$2 million to start up.

    you need money to make money.
     
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  11. krie

    krie Guest

    krie - Replied Feb 28, 2005

    Buy a house. Best investment I can think off. Gaurenteed not to lose money, but make it. Unless you trash the place and leave it a mess.
     
  12. fermentor666

    fermentor666 12oz Veteran Member

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    fermentor666 - Replied Feb 28, 2005

    Land is a good investment.

    If you're going to bonds route, there are a lot of different bonds you can get, you can invest your money into multiple bonds to gain more interest but it's hard to make a lot of money off bonds. They are good for if you have enough money that you can put some away without having to worry about needing it until the bond is done. Then every year you will get some money for basically doing nothing.

    But if you get bonds, don't go through a broker because you will have to pay a fee/percentage to them.
     
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  13. villain

    villain 12oz Veteran Member

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    villain - Replied Feb 28, 2005

    Yeah real estate is always a good investment.
    401k good.
    Roth IRA, good.
    Some CDs, good.
    Stay away from mutual funds.
    Stock market is pretty shady. But biotech is where it's at right now.
    Diamonds are going to depreciate in value as more and more are manufactured.
     
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  14. dkab

    dkab 12oz Member

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    dkab - Replied Feb 28, 2005

    sorry to be uneducated, but what is 401k?
     
    dkab - Rank: 12oz Member - Messages:
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  15. krie

    krie Guest

    krie - Replied Feb 28, 2005

    Buy some real old nikes or reeboks, then sell them on ebay.