Poll: Which is the best investment

metals are really high right now- maybe someone could explain their thinking on that. Real estate is just taking off and transactions take a while to close- f you can get into something before Oct Nov 2012 you may do well with it

 

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to make money in coins you have to be a flipper- it sounds crass but you can triple your money in month or two. then you take those profits and buy the coins you really want

 

That's assuming you can buy quality coins that people will want at a low enough price and sell at a higher price in a certain time period .

 

last year we had the Army half and the 2011 silver Eagle set. This year the 2012 Silver eagle set may pan out. Those are the sorts of coins that are good for flipping. You have to be astute and act fast though

 

Sounds easy, but not. For the more knowledgable type. Sure maybe.

I tend to have invisable glue in my hands when it comes to coins. It is hard for me to let go. I get a coin and I start dreaming.

 

with the low rates and the low prices (in AZ) and the large number of people losing their homes the rental market favors the landlord. The PITI on $65K is under $375 a month.

 

I still have a bit of that- but once I got over the intimidation factor of using ebay it is easier.

 

Greater wealth can be generated quicker with Real Estate because of the leverage factor. You are limited on the margins you can take on stocks and safer investments grow slowly. PM's are violatile because of the underfunded size of the market which makes it susceptible to manipulation by banks and governments.

I prefer legal sports betting as an investment vehicle myself. The commissions are pretty low, the outcome immediate and the risk limited by whatever amount I am willing to put forth. It is more liquid than other investments, simply because I present a winning ticket and get the cash. Selling any of the others is a bit more complex. Even PMs require a lot more paperwork than ever before, at least in the USA.

But not every investment is good for everyone. Some are not comfortable with elements of risk, others may like the portability of PMs, while others may have the ability to enhance or improve real estate to make it worth more.

And opinions are as varied as people, because everyone has one.

I once worked for a thoroughbred breeder with a racing stable. She old me once that she made the most money Turkey farming. No real estate taxes, high rate of return on her investment, minimal time involved, etc. I know people who develop dairy farms with working herds who seem to be doing quite well, even in these economic times.

About the only thing I do know, is that your money has a greater earning potential than you yourself do. Wages generally are severely limited, while investments, not so much.

 

The risk with Real Estate comes from being under capitalized. When an area has a lot of foreclosures, investors scoop them up for underpriced rentals. But that drives the rents down as supply can become greater than demand. Property taxes, loan interest, etc can add up quickly. True, you can leverage a $200,000 property for a few thousand dollars if financed correctly. But there is that inherent danger of getting overextended as the meter keeps running, rented or not. Then it's hard to convert real estate into immediate cash. If you decide to pull up stakes, you can;t take the property with you.

As with everything, there's pros and cons. Like I said before, not every investment fits every person. A thorough, realistic self examination is the first step. You need to know what you are capable of doing, what you goal is, both short and long term and if you have the resources to proceed.

Just sayin'

 

...and the worst downside...MOLD!!

 

How long have you been doing this? What's your ROI?