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-   -   Investing your Money - Banks, Stocks, Real Estate, Collectibles, etc. (https://www.aspkin.com/forums/everything-else/4527-investing-your-money-banks-stocks-real-estate-collectibles-etc.html)

ebayhateluv 05-09-2008 04:38 PM

Modee-ever try a Steel box,covered in a garbage bag-buried in your back yard ? ;) easy access....

jscan 05-11-2008 03:36 AM

Modee may i ask what age bracket you belong too ?

scouse12345 05-11-2008 10:06 AM

Gold and Silver... have 5kilo silver bars as door stops... with Silver.. think as big as poss.... In the states.. Silver spot price just over $16 an ounce.. would personally be hoardin ****loads.. silver will peak $25 an ounce this year.

Don't know a great deal about shares an such like...would never keep loot in the bank... like to kick me lumps of metal around every now an again.. makes all the hassle of earnin it worthwhile..

Gold Krug's.. still plenty of movement in them.. but like all precious metals.. think longer rather than short term..

scouse12345 05-11-2008 05:06 PM

Would never sell for melt Value...always private...and.. large legal tender currency coins... Aussie Kooks...say kilo + sell for 30-40% above melt..

guess it's whatever you know about...and feel comfortable with.. can recall...just 6 weeks back maybe...silver spot bein $21+.. tis defo the time to stock..

GreenBean 05-11-2008 07:37 PM

I have shares in a mattress company. People always need mattresses. Either to sleep on or hide their money. I collect military firearms, coins and the overflow of money is invested in government bonds.

411guru 05-12-2008 05:19 PM

Quote:

Originally Posted by GreenBean (Post 40570)
I have shares in a mattress company. People always need mattresses. Either to sleep on or hide their money. I collect military firearms, coins and the overflow of money is invested in government bonds.

Comparable to a funeral home. All people die, but they can sleep on the floor.

Superpak 05-13-2008 07:17 AM

Invest your money here in Australia, the average interest rate on a saving deposit is about 8.4% p.a

John14789 06-21-2008 02:27 AM

Hey modee you suggest buying old coins and selling them after a couple years?
One thing I always wondered about get this:
Suppose someone has a toothpaste or some other item from a hundered years ago who do you show it to so that person would tell you the price and sell it for you or tell you where to sell it(not ebay)?

highwhey 06-21-2008 02:39 AM

*still looking for a guide on how to actually make bank*

excellent post anyhow.

John14789 06-21-2008 04:02 AM

Ebay is a definite way to make a bank :D
And the money you make from ebay suppose you made about $5,000 profit in a month now you take that money and put it in a certified deposit and tell them to deposit the interest occured into your bank account or mail you a check. If you have $5,000 in a 4% cd you will recieve $200 every month not bad huh?
If you had a $100,000 you will get $4,000 every month not bad what do you say? Im actually trying to get a $50,000-$100,000 together for this very purpose.

imjustme 06-21-2008 04:21 AM

I bought a lot of Gold about 8 years ago and the price has more than doubled since. I'm still holding on to it. Most of my money is in the bank, no real risks and no real gain, it's just there. I love to buy art, though, but only from well known artists. Bought a painting a few years back for $40,000 and sold it again for more than 10x that amount. But art is tricky, if you don't find the right "lover" for it, you'll hold on to it for a long time.

@John14789: Certified deposits get you 4$, sure. But remember that is 4% per year, not per month. So $5000 per year will get you $200 per year and a little over $16 per month. Doesn't buy food where I eat. :D

John14789 06-21-2008 04:32 AM

What type of gold did you buy?

No citibank, bank of america, countrywide, and lots of other banks pay monthly. You have to ask your bank. It depends on you if you want your interest on your money monthly or yearly in a lump sump. I thought it was yearly too but once I talked to my banker and did some research on google I found out you can get paid monthly.


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