 |
These are the messages that have been posted on inthe00s over the past few years.
Check out the messageboard archive index for a complete list of topic areas.
This archive is periodically refreshed with the latest messages from the current messageboard.
This is a topic from the Playful Penguin Place forum on inthe00s.
Check for new replies or respond here...
Subject: Best Investment
Written By: Full_House_Fan on 03/11/05 at 5:59 pm
I say Real Estate, by a mile. Although Penny Stocks are also very good.
Subject: Re: Best Investment
Written By: ADH13 on 03/11/05 at 6:01 pm
I say real estate too.. no matter how bad the economy is, people still need a place to live.
Subject: Re: Best Investment
Written By: Paul on 03/11/05 at 6:06 pm
I say real estate too.. no matter how bad the economy is, people still need a place to live.
Ahem! Assuming they can actually afford to buy the thing in the first place...
Being of British origin, I can certainly relate...
Subject: Re: Best Investment
Written By: ADH13 on 03/11/05 at 6:10 pm
Ahem! Assuming they can actually afford to buy the thing in the first place...
Being of British origin, I can certainly relate...
Well, if you buy a home and rent it out, you get the equity and your tenant makes the mortgage payment for you...they basically end up buying you a house. it's a good deal.. i have 2 of them
Subject: Re: Best Investment
Written By: Paul on 03/11/05 at 6:13 pm
Well, if you buy a home and rent it out, you get the equity and your tenant makes the mortgage payment for you...they basically end up buying you a house. it's a good deal.. i have 2 of them
Yeee...ssss - but have you seen the property prices here...?!!
You've gotta have plenty moolah 'upfront' just to place a deposit...!!
Subject: Re: Best Investment
Written By: jaytee on 03/11/05 at 6:15 pm
Real Estate
Subject: Re: Best Investment
Written By: Philip Eno on 03/11/05 at 6:27 pm
Real Estate
Subject: Re: Best Investment
Written By: Bobby on 03/11/05 at 6:30 pm
Ahem! Assuming they can actually afford to buy the thing in the first place...
Being of British origin, I can certainly relate...
Exactly. The price of property over here is ridiculous - and in London, it's even worse! :o
I do agree that real estate, if you have enough money to get involved in it, is a good idea.
Subject: Re: Best Investment
Written By: Full_House_Fan on 03/11/05 at 6:43 pm
Exactly. The price of property over here is ridiculous - and in London, it's even worse! :o
I do agree that real estate, if you have enough money to get involved in it, is a good idea.
Actually, if you're really smart about it, you can get in for zippo I believe.
Subject: Re: Best Investment
Written By: Bobby on 03/11/05 at 6:45 pm
Actually, if you're really smart about it, you can get in for zippo I believe.
How would you be able to do that then, Devo?
Subject: Re: Best Investment
Written By: Full_House_Fan on 03/11/05 at 6:45 pm
How would you be able to do that then, Devo?
I don't know exactly. But I think I read you can.
-DR 8)
Subject: Re: Best Investment
Written By: Bobby on 03/11/05 at 6:51 pm
I don't know exactly. But I think I read you can.
I haven't a clue, lol. ;D
Subject: Re: Best Investment
Written By: ADH13 on 03/11/05 at 7:44 pm
Sometimes you can buy a single family house for 0% down if you have excellent credit - it has to be intended as your primary residence... so you buy a house with 0% down, plan to move in to the house but change your mind and rent it instead...
That doesn't work too well for duplexes & other multi-family units though.
Subject: Re: Best Investment
Written By: jackas on 03/11/05 at 8:28 pm
Here's what you do. You buy a house in a market that is just beginning to boom. Within ten years you have a bunch of equity. I have a house in Phoenix that I bought in 2000, it is now worth $45,000 more that what I paid for it. Back in 2000 the housing in Phoenix was fairly cheap it's really starting to climb up there now.