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Re: Your best nvestments
Old 04-27-2006, 03:45 PM   #21
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Re: Your best nvestments

Quote:
Originally Posted by brewer12345
Quarterly?!
C'mon Brewer, give Nords some credit. Compounded daily, I'll bet.
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Re: Your best nvestments
Old 04-27-2006, 04:00 PM   #22
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Re: Your best nvestments

Quote:
Originally Posted by Nords
C'mon, what a bunch of typical guy sentiments-- you rookies.A

My best investment has been my spouse.* Without her annoying questions persistent interest in real estate & stocks, her nagging thoughtful observations, and her nagging timely reminders, I would've been stumbling around out there from one financial advisor (and paycheck) to the next.

Nords: *You get an "A" grade for understanding your limitations, and another "A" for having the good sense to cover yourself in case your spouse checks in.

For a guy that spent a good part of his life underwater in a "Nuke powered Dildo", you
done good.
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Re: Your best nvestments
Old 04-27-2006, 04:04 PM   #23
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Re: Your best nvestments

Quote:
Originally Posted by brewer12345
Yeah, but what's your cost basis?
Quote:
Originally Posted by Cool Dood
I'll bet it's paid good dividends...
Quote:
Originally Posted by REWahoo!
C'mon Brewer, give Nords some credit.* Compounded daily, I'll bet.
OK, I guess I walked right into that one.

Let's just say that a lot of thought went into my profile's perpetual question.

But, as Ronin will agree, the day starts with the surf forecast.

Quote:
Originally Posted by Jarhead*
Nords: You get an "A" grade for understanding your limitations, and another "A" for having the good sense to cover yourself in case your spouse checks in.
Thanks, Jarhead!

See, guys? I bet Jarhead "gets it" too!!

OK, I'll let Al's beaver take it from here...
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Re: Your best nvestments
Old 04-28-2006, 12:50 PM   #24
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Re: Your best nvestments

My best investment was buying a plane ticket to come to the US.
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Re: Your best nvestments
Old 04-28-2006, 04:07 PM   #25
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Re: Your best nvestments

My house on an acre of land, which I bought about 12 years ago at $85,000, that's now worth approx $300,000.

And yes, I'll use the dreaded g*ld word. I bought a gold mining stock about 3 years ago and still hold it. It's been approximately a 9 bagger so far.
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Re: Your best nvestments
Old 04-29-2006, 04:56 AM   #26
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Re: Your best nvestments

best investment is my wifes family llc she inheirited..........9 apartments in a co-op over looking central park in what turned out to be a very prestigious nyc address............so far we wold 5 of the 9 anywhere from 900,000 to 2.1 million depending on the apartment...problem is there are rent stabilized tenants in them and we cant sell them until the tenents are out....the tenents that moved accepted 50,000 cash to move so we could sell them...the remaining tenents may outlive us ha ha ha
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Re: Your best nvestments
Old 04-29-2006, 10:16 AM   #27
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Re: Your best nvestments

Quote:
Originally Posted by mathjak107
problem is there are rent stabilized tenants in them and we cant sell them until the tenents are out....the tenents that moved accepted 50,000 cash to move so we could sell them...the remaining tenents may outlive us ha ha ha
Have you raised the cash offer to $100k+. If the market begins to cool down significantly, you could lose a heck of a lot more than $100k.

If all else fails, I have some Louisville bats for rent. Arms to wield them would be extra.

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Re: Your best nvestments
Old 04-29-2006, 10:57 AM   #28
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Re: Your best nvestments

Best investments:
Exercising stock options with my TV production company/later on-line travel agency in San Francisco. Never thought it would be worth much when I bought in the mid-80s but when it finally went public in the mid-90s it was worth six figures. Cashed out a few years ago.

The other investments: real estate. Sold a house in Sacramento exactly a year ago and bought a great house in Arizona for below market value (sellers needed to quickly move to Florida to help aging parents). Was able to pay cash so no mortgage, thank goodness.

Bought a one-acre view lot in increasingly trendy Tubac, Arizona for $37,500 in early 2005 and a comparable lot one street over is today on the market for $225,000. Of course, real estate is only a great investment when you sell and pocket the profits. Think I might sell in the not too distant future since I believe my job will end in early 2007--budget cuts and I'll need the cash to RE a year before I had planned to. Yoiks...
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Re: Your best nvestments
Old 04-29-2006, 02:47 PM   #29
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Re: Your best nvestments

Quote:
Originally Posted by brewer12345
OK, now that we have had the wail of sorrows investment thread, how about some examples of really outstanding investments to balance things out?* But not everyone can say "g*ld"...
My husband's best investment was me. So was mine.
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Re: Your best nvestments
Old 04-29-2006, 04:41 PM   #30
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Re: Your best nvestments

Quote:
Have you raised the cash offer to $100k+. If the market begins to cool down significantly, you could lose a heck of a lot more than $100k.
yeah, a no brainer ... what are ya wait'n for?
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