BAIC Money Thread. Investments ?
#16
General Pimpin'
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Housing market is a bust?
You kidding me?
Now is a GREAT time to buy property. The economy and the housing market are in the toilet and house prices are dropping. Foreclosures are everywhere. Next year will be better but if you can buy a couple pieces of property and sit on them for 7 to 10 years it'd be a KILLER investment.
My 401k has taken a MASSIVE hit on the market so stocks are ****e unless you know how to play downs.
Best advice for investing right now is LONG TERM investments.
You kidding me?
Now is a GREAT time to buy property. The economy and the housing market are in the toilet and house prices are dropping. Foreclosures are everywhere. Next year will be better but if you can buy a couple pieces of property and sit on them for 7 to 10 years it'd be a KILLER investment.
My 401k has taken a MASSIVE hit on the market so stocks are ****e unless you know how to play downs.
Best advice for investing right now is LONG TERM investments.
#17
#19
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Same boat pretty much. We were gonna buy a house, but have lost interest and are looking for a direction to aim the cash. Considering relocating, but it's a bad time for that too. Might just stuff it in a CD for a bit till we think of what to do with it. I do not have the time/knowledge/passion to invest in stocks beyond 401k.
#20
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if you put it in a CD, just make sure it's paying a higher % than inflation. i know some CD's are pretty weak right now.
If i had some cash to make a small long term investment...i'd buy a 1997 Acura Integra Type R. make sure it was stock or turn it back to, then sit on it. caues the $15-20K now for one in good condition, would only have to be worth 80K in 25 years to double in value....and i bet it will be worth a hell of a lot more than that then.
If i had some cash to make a small long term investment...i'd buy a 1997 Acura Integra Type R. make sure it was stock or turn it back to, then sit on it. caues the $15-20K now for one in good condition, would only have to be worth 80K in 25 years to double in value....and i bet it will be worth a hell of a lot more than that then.
#23
If i had some cash to make a small long term investment...i'd buy a 1997 Acura Integra Type R. make sure it was stock or turn it back to, then sit on it. caues the $15-20K now for one in good condition, would only have to be worth 80K in 25 years to double in value....and i bet it will be worth a hell of a lot more than that then.
#24
I think its undervalued, many of the starbucks I go to always have a line. Yes, people are skipping it but I dont think its wise to count Starbucks out for good. By closing the underperforming stores, they can work on improving the existing ones. McDonalds did a similiar move by not opening new stores and improved existing ones with new products and new interiors. I think Starbucks would be a good longterm buy.
Starbucks is probably one of the ultimate worst investments you could make.
oh yea, and you'd be a total d-bag for opening another star****s
#26
You guys do know the starbucks just closed a bunch of US stores, because they were loosing money big time and all the stores right next to each other backfired.
Starbucks is probably one of the ultimate worst investments you could make.
oh yea, and you'd be a total d-bag for opening another star****s
Starbucks is probably one of the ultimate worst investments you could make.
oh yea, and you'd be a total d-bag for opening another star****s
#27
Not as a whole, but I'm pretty sure I could argue they already failed individually at all these stores they had to shut down. There was no special reason beside loosing money and over saturation.
You could argue any remaining part of starbucks qualifies as not failing. But especially given the situation of someone who is going to open a store is our topic of discussion.................Yes all those stores failed, t
You could argue any remaining part of starbucks qualifies as not failing. But especially given the situation of someone who is going to open a store is our topic of discussion.................Yes all those stores failed, t
Last edited by slow04wrx; 07-15-2008 at 03:01 PM.
#28
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Not as a whole, but I'm pretty sure I could argue they already failed individually at all these stores they had to shut down. There was no special reason beside loosing money and over saturation.
You could argue any remaining part of starbucks qualifies as not failing. But especially given the situation of someone who is going to open a store is our topic of discussion.................Yes all those stores failed, t
You could argue any remaining part of starbucks qualifies as not failing. But especially given the situation of someone who is going to open a store is our topic of discussion.................Yes all those stores failed, t
#29
Another way to look at it is this: if they would have kept those stores open they might have failed, but by closing those stores they probably will not. It seems to me to be a smart decision when only considering viability and the price of stock. The point is not number of stores - it's the stock price.