If you had a million dollars how would you invest it and why?

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Old Jan 29, 2008 | 05:08 PM
  #31  
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Originally Posted by Ipecac
That wasnt an arguement, it was a statement.

Read the above, thats an arguement. My point is, houses arent worth what people currently think they are.
I agree with your point.
Old Jan 29, 2008 | 05:09 PM
  #32  
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Originally Posted by Sean415
This is what I would do...

1. Purchase a house in Tahoe.
2. Take some time off and travel the world.
3. Put money in a high yield CD and some money in mutual funds.
4. Purchase other investment properties.
5. Max out Roth IRA every year.
Unless you find something in the hills with no view of the lake, don't look at getting too far into or past #2.
Old Jan 29, 2008 | 05:21 PM
  #33  
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Originally Posted by ryball
This thread should have ended at coke and ******.
agreed.

personally id put some money in commodities back indexs. we are 6-8 years deep into a run on commodities and those runs typically last 13-15 years. lots of room for profit. other than that, managed accounts like i use already.

think of it thisway... dow was at high 8's in 2002 and now people are scared about us dipping into the 11's. if you invested in a spider type vehicle in the early 2002's with the full 1million you would be sitting on about 1.5 million right now, including the recent losses. and all you had to do is not touch it.

dont listen to me tho.
Old Jan 29, 2008 | 05:58 PM
  #34  
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Originally Posted by irrational x
agreed.

personally id put some money in commodities back indexs. we are 6-8 years deep into a run on commodities and those runs typically last 13-15 years. lots of room for profit. other than that, managed accounts like i use already.

think of it thisway... dow was at high 8's in 2002 and now people are scared about us dipping into the 11's. if you invested in a spider type vehicle in the early 2002's with the full 1million you would be sitting on about 1.5 million right now, including the recent losses. and all you had to do is not touch it.

dont listen to me tho.
Listen to this man! He knows of what he speaks.
Old Jan 29, 2008 | 06:43 PM
  #35  
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Originally Posted by irrational x
agreed.

personally id put some money in commodities back indexs. we are 6-8 years deep into a run on commodities and those runs typically last 13-15 years. lots of room for profit. other than that, managed accounts like i use already.

think of it thisway... dow was at high 8's in 2002 and now people are scared about us dipping into the 11's. if you invested in a spider type vehicle in the early 2002's with the full 1million you would be sitting on about 1.5 million right now, including the recent losses. and all you had to do is not touch it.

dont listen to me tho.
your telling me I should invest in one of these???

http://www.youtube.com/watch?v=Gz9kZh8PNVM

I get it.

1. Build spider type vehicle

2.???

3. Collect profit.

seriously though, I have no idea whats been said....
Old Jan 29, 2008 | 07:24 PM
  #36  
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Originally Posted by Krinkov
your telling me I should invest in one of these???

http://www.youtube.com/watch?v=Gz9kZh8PNVM

I get it.

1. Build spider type vehicle

2.???

3. Collect profit.

seriously though, I have no idea whats been said....
LOL THAT WAS EXACTLY what I was thinking! I made a thread linking to that not too long ago :P
Old Jan 29, 2008 | 07:27 PM
  #37  
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I can assure you both that's not what he's talking about. It's more like a mutual fund.
Old Jan 29, 2008 | 09:31 PM
  #38  
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LIES! lol.
Old Jan 30, 2008 | 06:10 PM
  #39  
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Originally Posted by Traxamillion
yeah now is a good time to buy houses then rent them out. houses by me have gone down 100k in the last year! god damn!
We havent hit the bottom yet.
Old Jan 30, 2008 | 06:15 PM
  #40  
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I'd put it in property, housing, etc.

It's in a SERIOUS downside right now. It will rebound and you will make LOADS of money.
Old Jan 30, 2008 | 06:26 PM
  #41  
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dont bank on that, I wouldnt buy right now if I were you

RIght now housing prices are still 9-11x more than your median house price....typically that number should be 3-4. Up until 5-7 years ago, even the bay area, was on par with that ratio. I wouldnt buy at all until that number is at least down to 5 or 6.
Old Jan 30, 2008 | 06:31 PM
  #42  
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Originally Posted by Krinkov
your telling me I should invest in one of these???

http://www.youtube.com/watch?v=Gz9kZh8PNVM

I get it.

1. Build spider type vehicle

2.???

3. Collect profit.

seriously though, I have no idea whats been said....
EXACTLY, no in all seriousness.... unless ww3 or aliens invade or the US economy completely collapses, SPDRs are a good way to invest long term, especially if your lazy

Originally Posted by jvick125
I can assure you both that's not what he's talking about. It's more like a mutual fund.
not really, its like buying a share of stock in the entire index of your choice (nasdaq etc). if it goes up 10% so do you. its like training wheels for investing

Originally Posted by subie OCD
We havent hit the bottom yet.
thats depends. inflation will be a problem for some time to come but with interest rates this low and another cut on the way at the next fed meeting home prices will start rebounding as soon as all the writedowns are flushed out. id say mid to late 09' before it starts coming back up, so we wont really know til 2010. currently prices are flat for the most part so you dont have to worry about losing much more.

the big concern right now is job reports and inflation. 1-2 bad jobs reports and inflation getting out of control will **** us.

oh and 13trillion in debt
Old Jan 30, 2008 | 06:32 PM
  #43  
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Originally Posted by ucbsti
dont bank on that, I wouldnt buy right now if I were you

RIght now housing prices are still 9-11x more than your median house price....typically that number should be 3-4. Up until 5-7 years ago, even the bay area, was on par with that ratio. I wouldnt buy at all until that number is at least down to 5 or 6.
In most markets where there has been a price bubble there is actually an overcorrection. So dont be supprised if you actually see prices slip to 2-3x income. Now, the housing market is much slower to correct then other markets, which is why I think the correction will take twice as long as the run up. I peg bottom in 2012, after the Alt-A resets.
Old Jan 30, 2008 | 06:36 PM
  #44  
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Speaking of the fed....

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Old Jan 30, 2008 | 06:36 PM
  #45  
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Chopper ben must have been eating his wheaties...er..I mean....

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