Liberal Forum

RebelGator » 29 Jun 2023, 8:52 pm » wrote: ↑

29 Jun 2023, 8:52 pm

Real Estate, preferably acreage.

Nice.
Me, too.
I am a country boy.
Waterfront.      10 times.
TX, OK, AR, & TN.
I sold all at profit except one...... Savannah, TN.
# 2 daughter in college....... & I was out of a job.   (damn)         
Daughters come 1st.                    

 

PhiloBeddo » 29 Jun 2023, 8:38 pm » wrote: ↑

29 Jun 2023, 8:38 pm

Investing is a marathon not a sprint. Stocks are gambling. Real estate is long term and solid.

true: real estate is the best money you can hold. use it. rent it. or just hold it and let the timber grow. in the state of western wa, groups buy land where the timber was cut off. they plant trees. camp on the land. and when the timber is ready to cut, they retire.

Imgreatagain » 29 Jun 2023, 6:37 pm » wrote: ↑

29 Jun 2023, 6:37 pm

**** them before they **** you 

Balance eliminates extreme odds that tend to cancel themselves out reaching further than physical existing allows in real time evolving. Mother Nature is the natural results of what got canceled and what remains evolving forward here.

Instinctive trick is you understand time cycles co-exist as limited to individual details never duplicated again, here, part of the ever changing total sum present.

Theories, theologies, symbolism suggest real isn't real and adapting to time mutually evolving forward now shows living never exceeds adapting in space now.

walkingstick » 30 Jun 2023, 12:30 am » wrote: ↑

30 Jun 2023, 12:30 am

true: real estate is the best money you can hold. use it. rent it. or just hold it and let the timber grow. in the state of western wa, groups buy land where the timber was cut off. they plant trees. camp on the land. and when the timber is ready to cut, they retire.

Sounds like they were retired already camping living off the land, not society's promises of better tomorrows society embezzles the people's retirement accounts just before they can retire.

I've done plenty of real estate investing.  And, plenty of investing in securities (stock market).  And, I've flirted with the precious metals.  Right now, I prefer stocks and mutual funds over real estate, metals or bonds.

• Real Estate - income producing properties take time and experience to manage correctly.  Also, they sell at top-dollar right now, and competition is fierce to even locate good, cash-flowing properties.
• Raw land is a money-sucker, a speculator's game, is long-term and not for those who didn't grow up in a family who knows how to do this and make money at it. You have to at a minimum pay the taxes on raw land, and then there are costs in and out of the land.  If you want to do anything with it, you simply won't have the knowledge where to even start.
• House Renovation / flipping - if you are a contractor, a real estate appraiser or seasoned real estate broker, then go for it. 
• Gold - Everyone should have some, but it doesn't make money.  It keeps pace with inflation - that's all.  Silver is similar, but more volatile and hasn't performed as well as Gold. Platinum seems cheap, but it hasn't been performing that well.  Palladium spiked and has come way down - might be a good gamble.
• Securities (i.e. stocks and mutual funds) - Risky.  What is your risk tolerance?  If you are investing for the long term, I'd look at Stocks in quality companies which 1) pay a good dividend, 2) have low pay-out ratios and 3) have a decent history of dividend growth.  Mutual funds, there's a million of them.  A flavor for every type of investor, and some really good ones.  You just have to figure out what type you are (don't say "make lots of money and not lose any, because there is no such thing").  Then invest a lot of time learning about this.  Learn all of the ratios and what they mean.  Learn how to read charts.  IMHO, Securities are one of the best investments, but you really need to know what you are doing.  Or, have a financial advisor who will guide you through this. Or, both.

Google (googl), Apple (aapl) look reasonably priced and are good long-term bets.  Verizon (vz) looks real cheap (pe 6.8, and has a 7.46 yield).  But, some bad news came out about VZ  - something about having lead-lined cables reducing their ESG rating, and it's not top dog anymore.   Still, I've been adding VZ to my portfolio when I can.  At least it pays me 7.46% just for owning it.  It has a pay-out ratio of about 50%, which means that it should be able to sustain that dividend.  But, its sales growth is only 1.4%, and they're coming off of some questionable quarters.

Skans » 11 Jul 2023, 4:21 pm » wrote: ↑

11 Jul 2023, 4:21 pm

I've done plenty of real estate investing.  And, plenty of investing in securities (stock market).  And, I've flirted with the precious metals.  Right now, I prefer stocks and mutual funds over real estate, metals or bonds.

• Real Estate - income producing properties take time and experience to manage correctly.  Also, they sell at top-dollar right now, and competition is fierce to even locate good, cash-flowing properties.
• Raw land is a money-sucker, a speculator's game, is long-term and not for those who didn't grow up in a family who knows how to do this and make money at it. You have to at a minimum pay the taxes on raw land, and then there are costs in and out of the land.  If you want to do anything with it, you simply won't have the knowledge where to even start.
• House Renovation / flipping - if you are a contractor, a real estate appraiser or seasoned real estate broker, then go for it. 
• Gold - Everyone should have some, but it doesn't make money.  It keeps pace with inflation - that's all.  Silver is similar, but more volatile and hasn't performed as well as Gold. Platinum seems cheap, but it hasn't been performing that well.  Palladium spiked and has come way down - might be a good gamble.
• Securities (i.e. stocks and mutual funds) - Risky.  What is your risk tolerance?  If you are investing for the long term, I'd look at Stocks in quality companies which 1) pay a good dividend, 2) have low pay-out ratios and 3) have a decent history of dividend growth.  Mutual funds, there's a million of them.  A flavor for every type of investor, and some really good ones.  You just have to figure out what type you are (don't say "make lots of money and not lose any, because there is no such thing").  Then invest a lot of time learning about this.  Learn all of the ratios and what they mean.  Learn how to read charts.  IMHO, Securities are one of the best investments, but you really need to know what you are doing.  Or, have a financial advisor who will guide you through this. Or, both.

Google (googl), Apple (aapl) look reasonably priced and are good long-term bets.  Verizon (vz) looks real cheap (pe 6.8, and has a 7.46 yield).  But, some bad news came out about VZ  - something about having lead-lined cables reducing their ESG rating, and it's not top dog anymore.   Still, I've been adding VZ to my portfolio when I can.  At least it pays me 7.46% just for owning it.  It has a pay-out ratio of about 50%, which means that it should be able to sustain that dividend.  But, its sales growth is only 1.4%, and they're coming off of some questionable quarters.

You understand how planned obsolescences works in real time intellectual mind games taking advantage of honest ancestors acting civil since there is no other time to exist here now.

All your investment packages are variables, nothing constant value. so you have all of them working against each other and those governing outcomes regulate the performance in each.

You never figured out why there is a steady rhythm to things never the same as before again(expanding and contracting numbers present). Your brain navigates space with an instinctive awareness of now or never within perpetual balancing outcomes changing everything incoming forward in plain sight.

Nostradamus'omh » 11 Jul 2023, 7:36 pm » wrote: ↑

11 Jul 2023, 7:36 pm

You understand how planned obsolescences works in real time
 

Yeah, yeah, I know.  Now, give me a stock tip and justify your recommendation. 
 

FOS » 29 Jun 2023, 9:31 pm » wrote: ↑

29 Jun 2023, 9:31 pm

it is possible for real estate to die as a market. I hope not, since it is my main investment, but it is possible. If AI and automation take off...if remote work becomes even more of a thing...if birth rates continue to plummet...if UBI becomes a thing out of necessity...there are potential revolutionary futures approaching us that can kill the value of real estate

Or, your local municipality could just raise real estate taxes on rental properties while imposing rent control.  As for me, I liquidated nearly all of my real estate holdings during this period of insane prices.  Dumped it all.  Only time will tell whether I made the right call or not.

• Traditional office space - hasn't bounced back since covid. 
• Rental homes priced between 250K - 400K - everything is selling at a total premium right now, and there is only so far you can push up rents.
• Flex Space (office-warehouse) - Still good demand for this, but its a total seller's market
• Traditional Retail - "thud" - that's the first shoe dropping....waiting for the other shoe to drop.
• House flips - gotta look at garbage houses in bad neighborhoods - I've got better things to do with my time
• Raw land - That's just another name for legal extortion by counties when you go to develop it. Impact fees, taxes, green space allotment, set-back requirements, parking, drainage, pay for parks, pay for schools, wildlife removal, tree-tax......no mafia was ever as bad as a typical county.

No individual actually owns any real estate.  The Counties and municipalities own all of it. 

 
 

Skans » 12 Jul 2023, 1:25 pm » wrote: ↑

12 Jul 2023, 1:25 pm

Or, your local municipality could just raise real estate taxes on rental properties while imposing rent control.  As for me, I liquidated nearly all of my real estate holdings during this period of insane prices.  Dumped it all.  Only time will tell whether I made the right call or not.

• Traditional office space - hasn't bounced back since covid. 
• Rental homes priced between 250K - 400K - everything is selling at a total premium right now, and there is only so far you can push up rents.
• Flex Space (office-warehouse) - Still good demand for this, but its a total seller's market
• Traditional Retail - "thud" - that's the first shoe dropping....waiting for the other shoe to drop.
• House flips - gotta look at garbage houses in bad neighborhoods - I've got better things to do with my time
• Raw land - That's just another name for legal extortion by counties when you go to develop it. Impact fees, taxes, green space allotment, set-back requirements, parking, drainage, pay for parks, pay for schools, wildlife removal, tree-tax......no mafia was ever as bad as a typical county.

No individual actually owns any real estate.  The Counties and municipalities own all of it.

I personally would not invest in anything you hear! The globalists are set to take you for a ride  
 

sootedupCyndi » 12 Jul 2023, 1:47 pm » wrote: ↑

12 Jul 2023, 1:47 pm

I personally would not invest in anything you hear! The globalists are set to take you for a ride

Well, here's the deal.  If you have wealth, then you have to invest in something.  By wealth, I mean a positive balance sheet, where you are not living hand-to-mouth on the income you make.  No, you do not have a choice of whether or not to invest.  You MUST invest in something.  Could be currency, money-market fund, stocks, bonds, mutual funds, personal property, real property, precious metals, scrap metal - doesn't matter.

Let's take cash.  Many people think that if they just keep their money in cash, or in a savings account, they are not "investing".  But, they are.  And, the risk of investing in currency is inflation.  Inflation which is a given and which is easily manipulated by the government.  So, cash is a terrible investment over the long term.
 

Skans » 12 Jul 2023, 1:25 pm » wrote: ↑

12 Jul 2023, 1:25 pm

Or, your local municipality could just raise real estate taxes on rental properties while imposing rent control.  As for me, I liquidated nearly all of my real estate holdings during this period of insane prices.  Dumped it all.  Only time will tell whether I made the right call or not.

• Traditional office space - hasn't bounced back since covid. 
• Rental homes priced between 250K - 400K - everything is selling at a total premium right now, and there is only so far you can push up rents.
• Flex Space (office-warehouse) - Still good demand for this, but its a total seller's market
• Traditional Retail - "thud" - that's the first shoe dropping....waiting for the other shoe to drop.
• House flips - gotta look at garbage houses in bad neighborhoods - I've got better things to do with my time
• Raw land - That's just another name for legal extortion by counties when you go to develop it. Impact fees, taxes, green space allotment, set-back requirements, parking, drainage, pay for parks, pay for schools, wildlife removal, tree-tax......no mafia was ever as bad as a typical county.

No individual actually owns any real estate.  The Counties and municipalities own all of it.

In general your points are correct. But as a guy who owns rental property the covid nonsense was good for us in practice. It isnt like we didnt recoeve rent...it was merely paid for by the state. That is actually more rent security than we normally got. Also, mass immigration policies are great to raise demand and price of rent.

Imgreatagain » 29 Jun 2023, 3:25 pm » wrote: ↑

29 Jun 2023, 3:25 pm

I’ve recently inherited money (poor pop saved for me)
I was wondering if anyone had any suggestions on investing? 
don’t say bitcoin. That’s not happening 
thanks in advance 
xoxo

How about some rental properties?  

FOS » 12 Jul 2023, 2:43 pm » wrote: ↑

12 Jul 2023, 2:43 pm

In general your points are correct. But as a guy who owns rental property the covid nonsense was good for us in practice. It isnt like we didnt recoeve rent...it was merely paid for by the state. That is actually more rent security than we normally got. Also, mass immigration policies are great to raise demand and price of rent.
 

Right, I get it.  But, this presumes that you are already the owner of some real estate pre-covid.  Also, you are an experienced property owner and landlord, and I'm sure your properties have been cash-flowing for quite some time. 

Here's the question, would you go out and buy more of the same kind of properties you have right now, in this market after the run-up in prices?  There's no way I would.  People are asking way too much.   It is true that over time, real estate will become more valuable, but if you buy at the height of the market, and the market goes down, you could be waiting around for 15 years for that market to recover.

I remember **** bricks back in 2008 when I owned a bunch of warehouses.  For a year, I was stroking big checks to the bank every month to make up the difference in what I wasn't collecting in rents.  I had some liquidity, so I made it through and those warehouses eventually became worth way more than what I had into them.  But, if I didn't have the liquidity to float that "skunk" for a year, I would have taken some serious losses.  So, I generally don't recommend that novice investors go cut their teeth on real estate when they come into an inheritance.
 

Skans » 12 Jul 2023, 1:53 pm » wrote: ↑

12 Jul 2023, 1:53 pm

Well, here's the deal.  If you have wealth, then you have to invest in something.  By wealth, I mean a positive balance sheet, where you are not living hand-to-mouth on the income you make.  No, you do not have a choice of whether or not to invest.  You MUST invest in something.  Could be currency, money-market fund, stocks, bonds, mutual funds, personal property, real property, precious metals, scrap metal - doesn't matter.

Let's take cash.  Many people think that if they just keep their money in cash, or in a savings account, they are not "investing".  But, they are.  And, the risk of investing in currency is inflation.  Inflation which is a given and which is easily manipulated by the government.  So, cash is a terrible investment over the long term.

poor skans- the digital currency is gonna turn you off. LOL watch your back?  
 

sootedupCyndi » 12 Jul 2023, 3:12 pm » wrote: ↑

12 Jul 2023, 3:12 pm

poor skans- the digital currency is gonna turn you off. LOL watch your back?

I don't do digital currency.  When I see a bitcoin exchange kiosk in a black-owned gas station where I buy my favorite pork sandwich (best pork sandwich in the world), I know digital currency is just sketch.
 

Bruce » 29 Jun 2023, 3:56 pm » wrote: ↑

29 Jun 2023, 3:56 pm

Warren Buffet advises to pace 10% in short term treasuries (currently paying 5%) and 90% in S & P index funds, that have averaged a ten per cent return for over a century, with occasional losses that take a few years to recover.
 

I actually think that is a very good strategy. 

Skans » 12 Jul 2023, 3:14 pm » wrote: ↑

12 Jul 2023, 3:14 pm

I don't do digital currency.  When I see a bitcoin exchange kiosk in a black-owned gas station where I buy my favorite pork sandwich (best pork sandwich in the world), I know digital currency is just sketch.

You silly_ you are gonna be forced into it.  this is something you will have no control over... wake up skans!  
 

sootedupCyndi » 12 Jul 2023, 3:19 pm » wrote: ↑

12 Jul 2023, 3:19 pm

You silly_ you are gonna be forced into it.  this is something you will have no control over... wake up skans!

Nope.  I control my own destiny.  And, digital currency (as in block-chain currency) is not a part of my destiny. 
 

roadkill » 12 Jul 2023, 2:48 pm » wrote: ↑

12 Jul 2023, 2:48 pm

How about some rental properties?

I’m going to rent out my dads cabin in the mountains 
I could prob flip some houses 

I suggest opening an account with Fidelity, Schwab or T Rowe Price.

Also, you can get a trial membership in AAII, American Association of Independent Investors, who have huge amounts of information on investing.

For the immediate moment, the Fidelity (FBGRX ) and T Rowe Price Blue Chip (TRBCX) funds are all doing very well.