Where to park $300K for 2-3 years?
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Where to park $300K for 2-3 years?
Posted by PenguinNinja on 5/6 at 1:19 pm
What does the MB suggest?

Looking for something relatively safe, low-maintenance (I don't live in the US) with a decent return (5-10% annually).

What are my best options?



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Posted by ItNeverRains on 5/6 at 1:25 pm to PenguinNinja
Not gonna say the "B" word


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Posted by roguetiger15 on 5/6 at 1:29 pm to ItNeverRains
I


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Posted by rintintin on 5/6 at 1:34 pm to PenguinNinja
I can email you my account number if you'd like?


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Posted by gizmoflak on 5/6 at 1:53 pm to ItNeverRains
quote:

Not gonna say the "B" word


bonds?



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Posted by ThaBigFella on 5/6 at 1:54 pm to rintintin
PM, buy phillip morris and never sell it


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Posted by LSU6262 on 5/6 at 1:55 pm to PenguinNinja
quote:

2-3 years

quote:

safe

quote:

5-10% annually



let me know if you find something



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Posted by reggierayreb on 5/6 at 1:55 pm to PenguinNinja
Three words:


BURY.
THAT.
shite.





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Posted by Zach on 5/6 at 3:45 pm to PenguinNinja
Don't know your circumstances but if I had 300K to kill I'd buy timber land and let the wood grow. No maintenance required. Mother nature does it for ya.


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Posted by jimbeam on 5/6 at 4:50 pm to Zach
quote:

Don't know your circumstances but if I had 300K to kill I'd buy timber land and let the wood grow. No maintenance required. Mother nature does it for ya.
tell me more. i would LOVE to be able to invest in land once i'm able.



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Posted by Doc Fenton on 5/6 at 5:00 pm to LSU6262
quote:

let me know if you find something


Sounds like he wants some Antiguan CDs to me.



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Posted by dallastiger55 on 5/6 at 5:08 pm to Doc Fenton
I know someone who can get you a good deal on some dinar


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Posted by Zach on 5/6 at 5:13 pm to jimbeam
quote:

tell me more. i would LOVE to be able to invest in land once i'm able.

Find some hard clay soil that is no good for farm crops. But pine will grow in it over time and much faster than hard wood. Plant, wait, cut, profit.

Lots of rich families up here in NW La. who made their money on pine timber. Wood is expensive. Try building a new house today and look at the cost of your lumber from the framer.



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Posted by RickAstley on 5/6 at 5:15 pm to PenguinNinja
quote:

Looking for something relatively safe

Strippers

quote:

low-maintenance

More strippers

quote:

with a decent return

strippers and blow

quote:

What are my best options?

Would you like to know moar?



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Posted by jimbeam on 5/6 at 5:22 pm to Zach
sounds like a good plan. i'm assuming long term futures for wood are still up? I also plan to buy farmland in SWLA just b/c that's how i grew up, even if i just break even over the long run

and do you just get a forest manager to run it for you? how much does that cut into your returns?


This post was edited on 5/6 at 5:24 pm

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Posted by Doc Fenton on 5/6 at 5:29 pm to dallastiger55
quote:

I know someone who can get you a good deal on some dinar


There was a thread today on the OT about how healthy dinars can actually cost less than junk dinars.




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Posted by Vols&Shaft83 on 5/6 at 5:38 pm to Doc Fenton
Buttcoins, mother fricker


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Posted by Doc Fenton on 5/6 at 5:40 pm to Vols&Shaft83
Such vulgarity.


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Posted by FredSecunda on 5/6 at 8:21 pm to Doc Fenton
Buy a brand new freestanding Dollar General with a 15 year lease. Corporate guaranteed lease, and you can probably purchase it between a 7 and 8 cap. Send me your email if you want to discuss further.

This post was edited on 5/6 at 8:27 pm

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Posted by reb13 on 5/6 at 8:28 pm to Zach
quote:

Wood is expensive


Since when? I am no expert but my buddy owns about 1000 acres of pine tree farms and he said prices are very very low.



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