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Started By
Message
Where to park $300K for 2-3 years?
Posted on 5/6/13 at 1:19 pm
Posted on 5/6/13 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?
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?
6
Posted on 5/6/13 at 1:25 pm to PenguinNinja
Not gonna say the "B" word
Posted on 5/6/13 at 1:29 pm to ItNeverRains
I
Posted on 5/6/13 at 1:34 pm to PenguinNinja
I can email you my account number if you'd like?
Posted on 5/6/13 at 1:53 pm to ItNeverRains
quote:
Not gonna say the "B" word
bonds?
Posted on 5/6/13 at 1:54 pm to rintintin
PM, buy phillip morris and never sell it
Posted on 5/6/13 at 1:55 pm to PenguinNinja
quote:
2-3 years
quote:
safe
quote:
5-10% annually
let me know if you find something
Posted on 5/6/13 at 1:55 pm to PenguinNinja
Three words:
BURY.
THAT.
shite.
BURY.
THAT.
shite.
Posted on 5/6/13 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.
Posted on 5/6/13 at 4:50 pm to Zach
quote:tell me more. i would LOVE to be able to invest in land once i'm able.
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.
Posted on 5/6/13 at 5:00 pm to LSU6262
quote:
let me know if you find something
Sounds like he wants some Antiguan CDs to me.
Posted on 5/6/13 at 5:08 pm to Doc Fenton
I know someone who can get you a good deal on some dinar
Posted on 5/6/13 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.
Posted on 5/6/13 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?
Posted on 5/6/13 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?
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 5/6/13 at 5:24 pm
Posted on 5/6/13 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.
:rimshot:
Posted on 5/6/13 at 5:38 pm to Doc Fenton
Buttcoins, mother fricker 
Posted on 5/6/13 at 5:40 pm to Vols&Shaft83
Such vulgarity. 
Posted on 5/6/13 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 5/6/13 at 8:27 pm
Posted on 5/6/13 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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