$200K to conservatively invest... Yes real question.

Has anyone suggested classic cars yet?

I assume the question was asked to get suggestions that were less traditional. Like property, classic cars appreciate with relatively predictable consistency.

Plus they're cool, and you can drive them every so often without costing yourself any more than gas.

 

My first boss (when I was 22) was investing in self-serve car washes. The coin/card operated vacuum and spray wash places.

According to him, the biggest expense was heating the ground in the winter to keep the water from freezing and building up ice. Propane torch sounds like more fun once a week...

 

11th or 12th record close since the election? It's on a tear.

 

Admittedly, Trump changed everything and I switched out of defensive positions about 3 days after the election. Up 5% since then even with the traditional 2-3% December tax swoon.

 

Well, what did you do?

Wanna make a 200K loan on and you get a 2nd on a commercial building? 10 year amortization principle plus interest every month?

 

Hi Sean, interested in his contact info as I need this kind of advice myself. Would be very much appreciated, but don't have your e-mail. Thanks!

 

Since the thread has been resurrected... has Dustin blown all the dough on marti gras beads, protein powder, and shitpile Hondas yet?

 

Give it to Mark151 to hide.

 

I hope by the tears of little baby Jesus he at least splurged on a carb assembling class....

 

Hows the Dunkin Donuts stock doin?

 

R&D money spent on creating a chocolate long John with lemon filling.

 

<Spits on screen, then types reply, then erases it>

You guys need to not bait me so well.

 

Timing and risk can yield results. I'm not wealthy and did not grow up with a silver spoon in my mouth but fresh out the Navy (did not retire) in 2001 and pretty much living paycheck to paycheck with two small boys, my wife I decided to buy our first house instead of renting in the good ole sunny state of Cally. Well during the housing boom, we decided to move out to an up and coming community 80 miles one way from my job to get in the hot housing market that was affordable to us. Money was tight so we did the interest-only loan to keep the payments low ($1,200) since we had plan to sell it in 2 years. Yes it was a gamble I know. Well the commute was tough and I rode my motorcycle every day to work unless it rained because lane-splitting is legal in Cally and after two years we sold the house and moved to Virginia (Chesapeake area). People that worked with me was renting "apartments" for 1,800+ and use to tell me I was crazy to live so far from the job. I made a sacrifice and took a risk in hopes to get ahead in life. After all taxes, fees, etc... was paid we netted a little over 100K in 2 years. Not bad considering I made my first 100K+ at the tender age of 30 with no real understanding of investing before that. I just had a hunch that where we wer moving would boom in approx 2 years and indeed it did. We took the gamble and it worked out. RE is defiantly something to consider if you play your cards right. Buy low sell high

 

Like any other type of investment, you can't time the market. Timing and risk will always yield results...the results just won't always be good. You got lucky...many didn't. If you're young, you can gamble on a hunch as you have more time to make it up if it doesn't work out.