How many of you are now starting to invest?

[pornguy]

Not just in stock, bonds and mutual funds, but in property and other things.

You would be surprised how many mortgages you can buy right now, and for how much.

[Jens Van Assterdam]

Now......? I got my monies in the armor stocks.. just hope for the iran to get nuked

[GetSCORECash]

This is the worst time, to invest. Wait a bit more. You still have the president of BOFA, mentioning, that it will take another year, before we see a bottom on home prices.

and on a personal note, I just got a letter from CountryWide closeing down one of my lines of credit, the reason.... You home has depreciated in value. I have to do an appraisal if I want my line of credit back.

[pornguy]

Originally Posted by Jens Van Assterdam

Now......? I got my monies in the armor stocks.. just hope for the iran to get nuked

Thanks for the first laugh of the day.

[pornguy]

Originally Posted by SCORE-Cash

This is the worst time, to invest. Wait a bit more. You still have the president of BOFA, mentioning, that it will take another year, before we see a bottom on home prices.

and on a personal note, I just got a letter from CountryWide closeing down one of my lines of credit, the reason.... You home has depreciated in value. I have to do an appraisal if I want my line of credit back.

I know what the big guys are saying, and I tend to disagree on some areas, There are some great investments to be made if you look around. Some people are desperate to get out of deals they can not afford. If you, or anyone that works in this industry has saved a dime, this can be the deal of a life time. You just need to watch for them.

[Noe]

Originally Posted by SCORE-Cash

This is the worst time, to invest. Wait a bit more. You still have the president of BOFA, mentioning, that it will take another year, before we see a bottom on home prices.

and on a personal note, I just got a letter from CountryWide closeing down one of my lines of credit, the reason.... You home has depreciated in value. I have to do an appraisal if I want my line of credit back.

A developer friend of mine thinks the same thing, that the market will continue to plummet so there will be better deals in a few months.

[Noe]

Originally Posted by pornguy

Not just in stock, bonds and mutual funds, but in property and other things.

You would be surprised how many mortgages you can buy right now, and for how much.

Aren't you located out here in vegas? I've been finding some amazing deals out here for houses $130,000-$200,000..and I'm talking houses up to 3000 sq feet. I'm betting though that they'll probably drop more in the next few months. These are the same houses that 2-3 years ago were priced at $300,000-$450,000. Properties over $700,000 aren't really dropping though.

[TheDoc]

I think it will go down more, as an average across the country. The mid and east coast will continue to drop, and be what pulls the average down. Some bloated areas of Cali will drop but that's just needed.

The rest of the West is rocking. Yes, some house sizes and some areas are taking a hit, but lots of other areas are doing great and the value of the property is still going up.

Our house, been here over a year now. The value has went up a good bit. Houses here take less than 3 months on average to sell and either go for the list price or just a little more. If I would have purchased 8 miles away, it would take me 6 months to 1 year to sell.

As Noe said, some amazing deals for houses, all over. No reason not to invest if you just do a little research in a focused area.

[jollyperv]

This may sound retarded, but how does one invest in fresh water? Is it even possible? There are going to be major shortages in the next couple of decades.

[TheDoc]

Originally Posted by jollyperv

This may sound retarded, but how does one invest in fresh water? Is it even possible? There are going to be major shortages in the next couple of decades.

A guy in pan handle of Texas has been buying up land for water and is trying to sell the water to cities, dallas, ect. Not having the best of luck.

I don't think we will see a shortage of water anytime soon, personally. Simply because we can pull it from thin air - we don't have to pull it all from the ground.

[OG LennyT]

Now is the time to buy buy buy stock... fucking low price tags means incredible returns if you know what sectors to buy in.

[Barefootsies]

Originally Posted by pornguy

I know what the big guys are saying, and I tend to disagree on some areas, There are some great investments to be made if you look around. Some people are desperate to get out of deals they can not afford. If you, or anyone that works in this industry has saved a dime, this can be the deal of a life time. You just need to watch for them.

Agreed.

I am looking at some different properties. But I have so much going on at the moment, hard to make the time. But I am looking to invest in more property in the next 6-12 months as I have time, and less projects on the table.

[candyflip]

Just starting? What took you so long?

[plsureking]

Originally Posted by OG LennyT

Now is the time to buy buy buy stock... fucking low price tags means incredible returns if you know what sectors to buy in.

yup.

we're near or at the bottom
if we haven't seen it already.

some of my stocks started
climbing a bit last week.

was able to meet my sell price on one..

[Barefootsies]

Originally Posted by OG LennyT

Now is the time to buy buy buy stock... fucking low price tags means incredible returns if you know what sectors to buy in.

Myself personally... I am my own best investment. Whatever I have invested my time and money in online has always made money.

I do not have the time, or interest, to deal with stock. I am looking at more hard assets, but that is because my credit union/bank/CPA thinks it is where I should be to balance out my revenue streams and make things look more "stable" or secure....

Bean counters like hard assets and things they can 'take' should they ever give you a dime.

[Noe]

Originally Posted by jollyperv

This may sound retarded, but how does one invest in fresh water? Is it even possible? There are going to be major shortages in the next couple of decades.

My mom is a microbioligist who works in the water industry. In the US water sources are all controlled by the states.

[Noe]

Originally Posted by TheDoc

A guy in pan handle of Texas has been buying up land for water and is trying to sell the water to cities, dallas, ect. Not having the best of luck.

I don't think we will see a shortage of water anytime soon, personally. Simply because we can pull it from thin air - we don't have to pull it all from the ground.

My mom has worked in the water industry almost her entire career, please believe that we are now in the midst of a water shortage and it will get much worst. However, the next step after using up most of our natural fresh water sources will be desalinization of ocean water, which is something that the military does not but it's extremely expensive. Until we're able to find a cost effective way of desalinization, we're going to have a huge water crisis.

[TheDoc]

Originally Posted by Noe

My mom has worked in the water industry almost her entire career, please believe that we are now in the midst of a water shortage and it will get much worst. However, the next step after using up most of our natural fresh water sources will be desalinization of ocean water, which is something that the military does not but it's extremely expensive. Until we're able to find a cost effective way of desalinization, we're going to have a huge water crisis.

I have done a bit of reading on this and have heard both ways, we are short and we aren't. This year the tables increased, so that tells me the weather cycles has something to do with.

Add that, with the fact that you can just make water from air, even here in the desert. I know we don't need salt water plants and all that. Add in rain trapping and I'm set for years.

Vegas, may also be able to help. They are building salt water plants in Mexico already and plan on pumping into Vegas and selling it off for more $ of course.

Vancouver is making a water plant on the ocean to pull in vapor so they don't have to remove the salt.

Anyway, I just don't buy into the water hype. In some areas, of course it's going to get bad. But we have a huge range of solutions.

[tranza]

i'm investing!

[After Shock Media]

Originally Posted by Noe

My mom is a microbioligist who works in the water industry. In the US water sources are all controlled by the states.

You positive about that, allow me to give a couple notes and then get your comments.

Far northern CA has the majority of California's water. The counties up here for the most part control the water and decide how much we release down the Sacramento. We do have some minimal agreements though.

Along the Sacramento and many other rivers assorted farms are allocated so much water guaranteed. They however are allowed to use less or none at all and sell off the credits.

Along many of the same rivers conservation groups can seem to force additional water releases to protect assorted fish.

Along same waterways the native Indian tribes can also force the water releases along with screwing the fishing limits.

In many areas around here and I am sure of many others you can get land on streams, creeks, rivers, and even natural springs where you are deeded water rights. In some areas you could build your own damn and people down stream would just have to deal with it and wait if you wanted to.

[klaze]

You gotta invest! You gotta set your kids and family up for the future!

I recently made the move to waffles.. waffles have been very good to me lately especially with the doomed American economy.. so I say invest in waffles!

[Peaches]

Property, businesses, metals.

[Odie]

it's all about renewable power and energy..

[Noe]

Originally Posted by After Shock Media

You positive about that, allow me to give a couple notes and then get your comments.

Far northern CA has the majority of California's water. The counties up here for the most part control the water and decide how much we release down the Sacramento. We do have some minimal agreements though.

Along the Sacramento and many other rivers assorted farms are allocated so much water guaranteed. They however are allowed to use less or none at all and sell off the credits.

Along many of the same rivers conservation groups can seem to force additional water releases to protect assorted fish.

Along same waterways the native Indian tribes can also force the water releases along with screwing the fishing limits.

In many areas around here and I am sure of many others you can get land on streams, creeks, rivers, and even natural springs where you are deeded water rights. In some areas you could build your own damn and people down stream would just have to deal with it and wait if you wanted to.

Yes, you're right..people can buy water rights in the US. I'm talking about major fresh water sources..the colorado river, etc.

[Noe]

Originally Posted by TheDoc

I have done a bit of reading on this and have heard both ways, we are short and we aren't. This year the tables increased, so that tells me the weather cycles has something to do with.

Add that, with the fact that you can just make water from air, even here in the desert. I know we don't need salt water plants and all that. Add in rain trapping and I'm set for years.

Vegas, may also be able to help. They are building salt water plants in Mexico already and plan on pumping into Vegas and selling it off for more $ of course.

Vancouver is making a water plant on the ocean to pull in vapor so they don't have to remove the salt.

Anyway, I just don't buy into the water hype. In some areas, of course it's going to get bad. But we have a huge range of solutions.

Do you also believe that global warming is a myth? I'm not saying that we are going to run out of water sources..but until we find a cost effective solution we are going to have a major water crisis.

[pornguy]

Originally Posted by Barefootsies

Agreed.

I am looking at some different properties. But I have so much going on at the moment, hard to make the time. But I am looking to invest in more property in the next 6-12 months as I have time, and less projects on the table.

Dont forget that you can grab some things in other countries and have them as an investment. use them from time to time for your self, rent them out for a profit or just sit on them for a while and sell them.

Baja California, while not very safe right now, beach front property is well worth the purchase. I have two pieces of property that have coastal views.

Also Cancun in the hotel zone. You can get a 2/2 on the water for about 250k. try that in Miami beach.

Of course there are other investments as well.