Investment advice

2010-08-30 15:40:45

#26

oug: Calmer than you are.; +380|6804|Πάϊ

ghettoperson wrote:
It's not a gigantic sum, no. It will most likely be used for the down payment on a house in a few years time, but I don't really want to be paying huge amount of interest on a loan for a car if I need one, when I have money in the bank I can't access.

Then keep some money out so as to pay for your car. Or don't get a loan and settle for a cheap car for 5 years.

_ƒ³

2010-08-30 18:58:54

#27

Reciprocity: Member; +721|6865|the dank(super) side of Oregon

dividend stocks are a good money makers as long term investments but you're certainly more exposed to short term volatility. it depends on your timeline. cat, cvx, xom, etc.-basically energy and heavy manufacturing companies.

2010-08-30 20:39:03

#28

Cybargs: Moderated; +2,285|7001

JohnG@lt wrote:
Buy BP stock. It's way undervalued again now.

Especially after the huge DOW drop today... Tech companies are getting killed.

https://cache.www.gametracker.com/server_info/203.46.105.23:21300/b_350_20_692108_381007_FFFFFF_000000.png

2010-08-31 00:24:46

#29

Dilbert_X: The X stands for; +1,816|6391|eXtreme to the maX

Suggest a mixture of some interest bearing bank accounts, some steady dividend producing stocks.
If you buy an investment property now you can always adjust the mortgage later should you need a car for example.

Gotta love 6-12 month term deposits paying 6.5%
The best I'm getting now is 6.8%, damn, should have put more in that one...

Last edited by Dilbert_X (2010-08-31 00:27:28)

Fuck Israel

2010-08-31 05:27:20

#30

Cybargs: Moderated; +2,285|7001

Dilbert_X wrote:
Suggest a mixture of some interest bearing bank accounts, some steady dividend producing stocks.
If you buy an investment property now you can always adjust the mortgage later should you need a car for example.

Gotta love 6-12 month term deposits paying 6.5%
The best I'm getting now is 6.8%, damn, should have put more in that one...

shiot what bank? NAB or Commonwealth?

2010-08-31 06:33:37

#31

Dilbert_X: The X stands for; +1,816|6391|eXtreme to the maX

Westpac, it was a limited time offer last December.
Citibank are still paying 6.5%.

Fuck Israel

2010-08-31 06:37:54

#32

Cybargs: Moderated; +2,285|7001

Dilbert_X wrote:
Westpac, it was a limited time offer last December.
Citibank are still paying 6.5%.

Damn that's a pretty nice term deposit tbh.

2010-08-31 08:38:05

#33

Ilocano: buuuurrrrrrppppp.......; +341|6952

Still funny when people get excited about 6.5% returns. Yeah, yeah, these are the times, but still, 6.5% return is really pathetic.

2010-08-31 08:46:01

#34

ghettoperson: Member; +1,943|6934

I guess what I probably should have said is, I'm not looking to do anything with too much risk involved, nor do I expect to get much return on it. All I really want is to keep it above inflation until the time comes when I need it; which this year is 3.1% and seems to be above anything I can get without putting my money away for 5 years. Hence why I wanted to see if there were any better options you guys would know about.

2010-08-31 09:10:11

#35

Ilocano: buuuurrrrrrppppp.......; +341|6952

Short term CD's, especially if you have access to military credit unions.

2010-08-31 09:15:14

#36

Cybargs: Moderated; +2,285|7001

Ilocano wrote:
Still funny when people get excited about 6.5% returns. Yeah, yeah, these are the times, but still, 6.5% return is really pathetic.

It's nice if it's 100% guaranteed.

2010-08-31 09:18:05

#37

blademaster: I'm moving to Brazil; +2,075|6930

invest in women ull always get something in return...

2010-08-31 09:26:22

#38

Ilocano: buuuurrrrrrppppp.......; +341|6952

blademaster wrote:
invest in women ull always get something in return...

Net loss, tbh...

2010-08-31 12:19:18

#39

Jay: Bork! Bork! Bork!; +2,006|5643|London, England

Ilocano wrote:
Short term CD's, especially if you have access to military credit unions.

Seriously, high yield funds. Though this might only be a good bet in a strong economy. I'd have to look into the current default rate.

"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat

2010-08-31 15:51:34

#40

Dilbert_X: The X stands for; +1,816|6391|eXtreme to the maX

Ilocano wrote:
Still funny when people get excited about 6.5% returns. Yeah, yeah, these are the times, but still, 6.5% return is really pathetic.

Its a lot better than 3%

Fuck Israel

2010-08-31 16:33:24

#41

Ilocano: buuuurrrrrrppppp.......; +341|6952

Dilbert_X wrote:
Ilocano wrote:
Still funny when people get excited about 6.5% returns. Yeah, yeah, these are the times, but still, 6.5% return is really pathetic.
Its a lot better than 3%

It'll have to beat my 10% minimum ESPP and 401K matching to even consider them than just putting money away.

2010-08-31 16:34:57

#42

cl4u53w1t2: Salon-Bolschewist; +269|6758|Kakanien

real estate

http://www.youtube.com/watch?v=L2oh3h3DvY0

2010-08-31 16:40:14

#43

Ilocano: buuuurrrrrrppppp.......; +341|6952

cl4u53w1t2 wrote:
real estate

Real estate prices have to return to 4x community median income before real estate as investment becomes lucrative again.

2010-08-31 16:41:43

#44

Jay: Bork! Bork! Bork!; +2,006|5643|London, England

Ilocano wrote:
cl4u53w1t2 wrote:
real estate
Real estate prices have to return to 4x community median income before real estate as investment becomes lucrative again.

Depends on how cheap you can buy foreclosures to flip.

Real estate is still a shit investment anyway. There's currently 125% over stock for homes on the market already.

Last edited by JohnG@lt (2010-08-31 16:42:59)

"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat

2010-08-31 16:50:36

#45

Dilbert_X: The X stands for; +1,816|6391|eXtreme to the maX

Ilocano wrote:
Dilbert_X wrote:
Ilocano wrote:
Still funny when people get excited about 6.5% returns. Yeah, yeah, these are the times, but still, 6.5% return is really pathetic.
Its a lot better than 3%
It'll have to beat my 10% minimum ESPP and 401K matching to even consider them than just putting money away.

You only effectively get that 10% in the first year when you put it in.
What is the actual return on the plan?

Fuck Israel

2010-08-31 16:52:27

#46

cl4u53w1t2: Salon-Bolschewist; +269|6758|Kakanien

so, you can buy houses/apartments cheaply, rent them and maybe sell them in the future

http://www.youtube.com/watch?v=L2oh3h3DvY0

2010-08-31 16:54:05

#47

Jay: Bork! Bork! Bork!; +2,006|5643|London, England

cl4u53w1t2 wrote:
so, you can buy houses/apartments cheaply, rent them and maybe sell them in the future

You would need to charge rent to match the mortgage payment to break even. More to make a profit. Hard to do when you're competing with older rentals with lower mortgage payments to cover.

"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat

2010-08-31 16:57:42

#48

cl4u53w1t2: Salon-Bolschewist; +269|6758|Kakanien

wait, you mean when i'm going to borrow on mortage or when i'm going to buy a house that is burdened with mortage?

http://www.youtube.com/watch?v=L2oh3h3DvY0

2010-08-31 16:58:40

#49

eleven bravo: Member; +1,399|5544|foggy bottom

never get investment advice from the internet

Tu Stultus Es

2010-08-31 17:01:55

#50

Jay: Bork! Bork! Bork!; +2,006|5643|London, England

cl4u53w1t2 wrote:
wait, you mean when i'm going to borrow on mortage or when i'm going to buy a house that is burdened with mortage?

Why would you buy a house with a mortgage attached to it? I don't get it.

No, I meant the mortgage you would take out from the bank when you buy it. Unless you're paying cash, you'd have to take out a mortgage.

"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat

BF2S Forums Investment advice

ghettoperson wrote:

JohnG@lt wrote:

Dilbert_X wrote:

Dilbert_X wrote:

Ilocano wrote:

blademaster wrote:

Ilocano wrote:

Ilocano wrote:

Dilbert_X wrote:

Ilocano wrote:

cl4u53w1t2 wrote:

Ilocano wrote:

cl4u53w1t2 wrote:

Ilocano wrote:

Dilbert_X wrote:

Ilocano wrote:

cl4u53w1t2 wrote:

cl4u53w1t2 wrote:

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