Dawood Posted March 7, 2008 Share Posted March 7, 2008 YOOOOOOOOOOOOOOOOOOOOOOOOO! Gold is off the charts right now. It's about to hit a G. I kick myself in the ass for not backing the truck up to the gold factory back in '04. I watch the prices of Gold everyday hoping for it to take a dive so I can jump in and buy up a gang of ounces, but it keeps climbing. (probably the wrong forum for this , but) Anyone else know any good investments? Quote Link to comment Share on other sites More sharing options...
Q666 Posted March 7, 2008 Share Posted March 7, 2008 Anyone else know any good investments? A Butt Funnel. Quote Link to comment Share on other sites More sharing options...
Theo Huxtable. Posted March 7, 2008 Share Posted March 7, 2008 Quote Link to comment Share on other sites More sharing options...
H. Lecter Posted March 7, 2008 Share Posted March 7, 2008 Should've bought it in 04! If you did'nt buy it when it was low, and your money is in dollars, it's tough.. When the dollar goes down, gold goes up.. so the only way to get on the other side of that trading gold with dollars is to take futures "options" on gold.. and that's not always such a good bet. I suggest selling any gold you now have, and buying dollars cheap.. Gold is to 2003 what dollars are to 2013.. Quote Link to comment Share on other sites More sharing options...
eatso Posted March 7, 2008 Share Posted March 7, 2008 I'll just second butt funnel and leave it at that. Quote Link to comment Share on other sites More sharing options...
This is my name Posted March 7, 2008 Share Posted March 7, 2008 Yeah right now would be a bad time to invest in gold... People are usually pretty quiet about what is good to invest in; as with pretty much everything, do your research! Quote Link to comment Share on other sites More sharing options...
Blood Feast Island Man Posted March 7, 2008 Share Posted March 7, 2008 buy property Quote Link to comment Share on other sites More sharing options...
H. Lecter Posted March 7, 2008 Share Posted March 7, 2008 if you earn and bank in dollars, basically everything is one sale right now with the exception of gold and foreign assets.. the entire US economy from stocks, to bonds to property is on sale Quote Link to comment Share on other sites More sharing options...
Milk Grenades Posted March 7, 2008 Share Posted March 7, 2008 Quote Link to comment Share on other sites More sharing options...
earl broclo ESQ Posted March 7, 2008 Share Posted March 7, 2008 http://youtube.com/watch?v=eLW0NMUriWk&feature=related i love the black lady's acting. she deserves a fucking academy award for this shit. Quote Link to comment Share on other sites More sharing options...
CMF Posted March 7, 2008 Share Posted March 7, 2008 A Butt Funnel. HA! Quote Link to comment Share on other sites More sharing options...
earmuffs Posted March 7, 2008 Share Posted March 7, 2008 i should sell my fronts ha.. Quote Link to comment Share on other sites More sharing options...
HydrogenPeroxide Posted March 7, 2008 Share Posted March 7, 2008 yeah, US property is cheap right now because of the mortgage crisis, isn't it? i want to get a container and load it up with stuff from china. manufacturers there are practically giving stuff away. Quote Link to comment Share on other sites More sharing options...
Poesia [ ] T Posted March 7, 2008 Share Posted March 7, 2008 yeah i hate buying high, you might see some gains but will have the most risk. Property is amazing right no in certain area's. Also looking at some mortgage and real estate stock might be an option, as they have been hammered the last 9 months and are all selling at huge discounts. With the stimulus package raising FHA loan limits across the nation, we will see a boost in activity. Also most banks have corrected there lending mistakes, and solid profits should entail. Quote Link to comment Share on other sites More sharing options...
HydrogenPeroxide Posted March 7, 2008 Share Posted March 7, 2008 i don't know anything about investing but i pay attention to the business reports and it always seem like banks are solid investments. record earnings every quarter Quote Link to comment Share on other sites More sharing options...
EGG Posted March 7, 2008 Share Posted March 7, 2008 when there is a thread on Ch.0 it's time to sell Quote Link to comment Share on other sites More sharing options...
MOE-LESTER Posted March 7, 2008 Share Posted March 7, 2008 poesia where is it good to buy property now? Quote Link to comment Share on other sites More sharing options...
Poesia [ ] T Posted March 7, 2008 Share Posted March 7, 2008 anywhere were your rents can cover most of the mortgage if you buy an REO or short sale. The bay has plenty of area's where rents are high the house has dropped significantly and you can pick it up for cheap. But its not that easy it takes time. Quote Link to comment Share on other sites More sharing options...
MOE-LESTER Posted March 7, 2008 Share Posted March 7, 2008 yea ive been craigslisting property for sale and i see some 'reo' that are somewhat cheaper. what does REO and short sale mean? i really want a small family home, in the 600k region. ive been looking at places like daly city, pacifica, south city, where the rent on a 3 bedroom house is usually around 2 thousand a month. im assuming that if the property owner is only charging 2 gees a month than his mortgage is lower than that?? Quote Link to comment Share on other sites More sharing options...
Mercer Posted March 7, 2008 Share Posted March 7, 2008 Why am I the only person who thinks real estate is still way to fucking high. Prices haven't come down by much around here compared to how they skyrocketed a few years ago. A house is still beyond reach here unless you can handle $3000 a month payments. Quote Link to comment Share on other sites More sharing options...
MOE-LESTER Posted March 7, 2008 Share Posted March 7, 2008 yea i agree with that. housing in san francisco bay area is ridiculous. a small 3 bedroom house will run over 800k easily, a 4 bedroom is almost always above the million mark. the thing is, i was born and raised here and i really do not want to live in some cookie cutter mcmansion neighborhood filled with strip malls and franchise stores. Quote Link to comment Share on other sites More sharing options...
MOE-LESTER Posted March 7, 2008 Share Posted March 7, 2008 plus on top the mortgage payment theres mad taxes for living in SF too. my pops pays something like 8 grand a year in taxes on his house in SF. Quote Link to comment Share on other sites More sharing options...
MOE-LESTER Posted March 7, 2008 Share Posted March 7, 2008 i always told myself that once i leave the eastbay i will never go back. i hate the east bay with a passion, unfortunately with housing prices on the peninsula so high i might have to get something in freakmont or east oakland or some shit. kind of hijacking the thread, but these houses look dope http://sfbay.craigslist.org/pen/rfs/598669000.html http://sfbay.craigslist.org/pen/rfs/598630223.html Quote Link to comment Share on other sites More sharing options...
shai Posted March 7, 2008 Share Posted March 7, 2008 I don't know...Daly City? I lived there, it was pretty depressing. If you're from the Sunset or Richmond, though, then you're probably already used to fog. I'm leaving the state because I can't get a job doing what I know how to do without a degree, and if I go to school in the Bay Area I'm going to be fucking struggling and hating life for at least the next two years. Rents here are ridiculous, and the cost of doing business here is so high that almost every employer I've had in the past decade has pulled some shady styles when it came to money/raises/bennies/training...I hear where you're coming from, Moe, I was born in SF and I can't even afford to live there. As far as investments go, my friend just went to Alaska and bought four ounces of platinum (no sales tax)...and claims that he's already made his money back on the airfare and hotel. Quote Link to comment Share on other sites More sharing options...
Theo Huxtable. Posted March 7, 2008 Share Posted March 7, 2008 REMIX: I WANNA KNOW WHERE DA GOL' AT! Quote Link to comment Share on other sites More sharing options...
free soda Posted March 7, 2008 Share Posted March 7, 2008 coke Quote Link to comment Share on other sites More sharing options...
MOE-LESTER Posted March 7, 2008 Share Posted March 7, 2008 cocaine is always a good investment haha. how much does that platinum run? where do you buy it/who do you sell it to? Quote Link to comment Share on other sites More sharing options...
southernnnnn Posted March 7, 2008 Share Posted March 7, 2008 that gold price rise is making me sick. i own stock in kcs ns rail and a mexican transportation company. they have been making and losing a few hundred here and there. i went for the rxr because of knowledge and stability. i will say it again FUCK everyone that is making a killing of gold. Quote Link to comment Share on other sites More sharing options...
Poesia [ ] T Posted March 7, 2008 Share Posted March 7, 2008 I dont know Dope or the dope game is like chasing a butterfly you can never really catch it and it keeps moving farther away. Meaning you are actively making money but real money is always out of reach no matter how far how much you sell how cheap your connect is. In the end add up your time money earned divide it by hours get yourself a YTD. You making min wage but always feel like you got money cause you got gee's in reup, that aint your money your just holding it. Real money is attracted like the Butterfly flies to you and lands in your lap. Thats cashflow people bringing you money, through rents investments and all that shit. Then you working regular work paying bills but your cashflow is growing. Once that cashflow grows strong enough you dont got to work and can just work managing your money. Ya heard. Quote Link to comment Share on other sites More sharing options...
shai Posted March 7, 2008 Share Posted March 7, 2008 Platinum isn't cheap, I'll tell you that. I think it was around $1100 an ounce when he left and now it's around $1400. He tells me that the best place to buy precious metals is Alaska. No sales tax on them. Quote Link to comment Share on other sites More sharing options...
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