Where to park $300K for 2-3 years? | TigerDroppings.com

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PenguinNinja
Penn Fan
Antarctica (and Japan)
Member since Sep 2011
1196 posts

Where to park $300K for 2-3 years?


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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ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
6133 posts

re: Where to park $300K for 2-3 years?


Not gonna say the "B" word





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roguetiger15
LSU Fan
Member since Jan 2013
3455 posts
 Online 

re: Where to park $300K for 2-3 years?


I





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rintintin
New Orleans Saints Fan
Life is Life
Member since Nov 2008
7517 posts

re: Where to park $300K for 2-3 years?


I can email you my account number if you'd like?





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gizmoflak
Georgetown Fan
Member since May 2007
8966 posts

re: Where to park $300K for 2-3 years?


quote:

Not gonna say the "B" word


bonds?






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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Where to park $300K for 2-3 years?


PM, buy phillip morris and never sell it





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LSU6262
LSU Fan
Member since Jun 2008
2296 posts

re: Where to park $300K for 2-3 years?


quote:

2-3 years

quote:

safe

quote:

5-10% annually



let me know if you find something






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reggierayreb
Ole Miss Fan
Memphis
Member since Nov 2012
8836 posts

re: Where to park $300K for 2-3 years?


Three words:


BURY.
THAT.
shite.








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Zach
LSU Fan
Member since May 2005
62882 posts

re: Where to park $300K for 2-3 years?


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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jimbeam
USA Fan
University of LSU
Member since Oct 2011
29999 posts

re: Where to park $300K for 2-3 years?


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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Doc Fenton
Yale Fan
Member since Feb 2007
50726 posts

re: Where to park $300K for 2-3 years?


quote:

let me know if you find something


Sounds like he wants some Antiguan CDs to me.






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dallastiger55
LSU Fan
Jennings, LA
Member since Jan 2010
4688 posts

re: Where to park $300K for 2-3 years?


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





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Zach
LSU Fan
Member since May 2005
62882 posts

re: Where to park $300K for 2-3 years?


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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RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1600 posts

re: Where to park $300K for 2-3 years?


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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jimbeam
USA Fan
University of LSU
Member since Oct 2011
29999 posts

re: Where to park $300K for 2-3 years?


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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Doc Fenton
Yale Fan
Member since Feb 2007
50726 posts

re: Where to park $300K for 2-3 years?


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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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
11928 posts

re: Where to park $300K for 2-3 years?


Buttcoins, mother fricker





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Doc Fenton
Yale Fan
Member since Feb 2007
50726 posts

re: Where to park $300K for 2-3 years?


Such vulgarity.





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FredSecunda
LSU Fan
Baton Rouge
Member since May 2005
7150 posts

re: Where to park $300K for 2-3 years?


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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reb13
Ole Miss Fan
Oxford, MS
Member since May 2010
9831 posts

re: Where to park $300K for 2-3 years?


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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