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-   -   What pays the best returns? (https://www.offshoreonly.com/forums/general-boating-discussion/46310-what-pays-best-returns.html)

Tantrum 03-26-2003 12:52 PM

What pays the best returns?
 
If you had $100,000.00 what would you do with it to pay the greatest returns. Now we all know that boats are not investments, so all though that would be nice, Im looking for something that could produce a little better return ;)
I know there are some very smart guy's out here....what do you think?

BARCOASTAL 03-26-2003 12:54 PM

i know a good bar that might be for sale! but you and booze is a bad mix...bacardi anyone?

LapseofReason 03-26-2003 12:57 PM

House's is the only thing I buy and sell, the stock market aint for me.

LapseofReason 03-26-2003 12:59 PM

Fixer upers, grass, bushes,paint,new kitchen,baths. In and out in 6 months make 30-60k easy, if you do alot of the work yourself.

CigDaze 03-26-2003 01:19 PM

Bank CD's are the lowest risk, lowest yield...Vegas is high and high.

Anything in between is too tough to trust these days.

Someone else already mentioned it, Real Estate is the best investment.

otis311 03-26-2003 01:27 PM

Tantrum,

Call my wife, Thats what she does for a living, and she's damned good at it. She will give you the best advise on what to do with your money depending on where its from and what your looking for.

Bob

518 644-9115

MegaByte*3 03-26-2003 02:35 PM

Tantrum:

Returns over what period of time ? Will you need the $100K in the foreseeable future (3-5 yrs) for some planned expense like college tuition ?

Stock guys will tell you stocks/equities. Bond guys will tell you bonds for safety. Real estate people will tell you real estate.

At the end of the day, what really matters is what type of investment can you live with. I personally get very little enjoyment out of reading my monthly account statement. So the majority of mine is in waterfront real estate. That said, I recognized the value of diversity and liquidity so I keep some money in the equities market. I can't sell the real estate overnite if I need to. I can liquidate securities in a matter of minutes if I need liquid funds right away.

Sorry, I don't think I answered your question. Probably just raised more questions.

Tom

wwwTOPDJcom 03-26-2003 03:06 PM

I'd get a 100 $1000.00 a night hookers
and put them to work should be able make a cool
200k in a month in Vegas :D no tax either!

FloridianSon 03-26-2003 03:34 PM

Four years ago I took 120,000 cash and bought a quad apt. building. I have been offered 180,000 for it and I have about a 15% return.They say real estate is going to take a turn for the worse but I have faith in the rentals as even in hard times the people who rent will still need a place to rent.:cool:

Playn 03-26-2003 04:03 PM


Originally posted by wwwTOPDJcom
I'd get a 100 $1000.00 a night hookers
and put them to work should be able make a cool
200k in a month in Vegas :D no tax either!

$200K an month???

Sean 03-26-2003 04:16 PM

"...the future my friend is grass...i got 60 ton of thai stick coming in next week..."

BattleCry 03-26-2003 04:25 PM

Real Estate.

Tantrum 03-26-2003 04:34 PM

Ok
Im buying a Bar that will have plenty of hookers. Ill turn my head while Sean sells weed to the stockbrokers who will reinvest my profits for me.

Liquor
Drugs
Hookers
Stocks and realestate.

Hopefully Ill be able to break even with all my pending legal fee's.:crazy:

Love Machine 03-26-2003 05:40 PM

Use the money to buy a fast boat and bring illegal immigrants into the country from the Bahamas at $5K a head!

But seriously, buy Worldcom stock!!!

:D

florida gator 03-26-2003 08:35 PM

I have $$ in real estate and equities. I think right now real estate is a more reliable investment. I would like to pick up some more now. If you don't mind siiting on paper for a while, there are some great bargains in the market. I am young enough (35) that I can put some $ in and leave it for a while to come back. If you are the type of person that would watch it continuously, stay away for now.

Floridian, any of your quads near the campus? I had a rental in Ocala. I wish I would have kept it. I am looking into either vacant lots to develope over time or some fixer uppers for rentals. Cann't decide which. I agree about the rentals though. People do need a place to hang there hat at the end of the day.

BTJ88 03-26-2003 09:05 PM

Real Estate

You either buy a dump and rent it for the price of a palace (monthly cash flow return) or you buy a good bread and butter type home (at least 3 bedrooms, ranch style - or whatever is most desirable to middle classers in your area) and break even every month and get your return in long-term equity. Or buy pieces of sh!t and slap some paint on the walls and resell them to people with no cash, no job and living on the gov't with some form of seller financing at sky high interest rates.

Truth is, there is lot of sound investments out there for you. If you choose real estate there are many ways to make money - short-term, long-term, high risk, low risk, rentals, fixer-uppers, land contracts, and my favorite - being a slum lord.:D

Good luck,

Brian

Allan4 03-26-2003 09:21 PM

Diversify....what ever you decide to do....make sure you diversify. Go with something low risk and something a little more aggressive etc.....Although 100k sounds like alot of doe, it gets chomped up rather quickly if you break it down....

My suggestion would be real estate and some sort of individial equity/mutual fund combo. But there are literally 100's of ways to invest, just find what you like and are comfortable with and........diversify!!

Good luck.:)

FloridianSon 03-27-2003 04:59 PM

floridia gator they are about one mile of campus.Three have students and one has newly weds with child. BTJ88 I use to do the lower middle homes the ones you can buy around here for fourty to sixty and I have now switched to upper middle class over one hundred because there is just to many problems trying to get them to qualify for the loans also the goverment has gotten smarter about the homes they lost on.Before you could pick up a VA of a FHA forcloser for fourty paint it and sell it for sixty.No more of that stuff they want to see some cash put back into them now before they shell out the big bucks on the houses they just lost three months before.I would put anywhere from eight to ten thousand back into them and never had a problem with them appraising.If I could make ten thousand I was allright with that as I had very little time into them just cash.On the house rentals I have I would not have bought them if the numbers don't work.you must run at least a three hundred positive a month or walk away.There will allways be five more for sale next week.Tantrum you could allways loan me the money as I will pay a fair % and backed it with real estate.:D

Pure Energy 03-27-2003 07:18 PM

$100,000?? Are you holding out on me??

The market is low right now and some good buys waiting. But the old question is, what to buy. Sometimes a crap shoot. I did very well when the market skyrocketed, but like everyone else I am right back were I started. Very frustrating and nerve racking to watch the market.

I've said before I would love to get into realestate but you know how expensive, saturated, and competetive it is around here.

A small to medium size bar/restaurant would be nice, in the right location, but then your married to it 24/7, 7 days a week. No time off.

So to answer your question, I have no idea!

bojoe2 03-27-2003 07:50 PM

cf i would buy a gas co. oh forgot done that so 2nd choice waters edge and fight the locals reopen it and good food beers a band a redo the docks 100k should bring 400k '''

Wildfire 03-27-2003 08:23 PM

Real estate is working for us, but we are in one of the top 10 fastest growing areas. We bought a farm, subdivided it into 5 acre tracts and are selling for 3X what we have in it. There was some good timing involved (luck) too.

I'm considering getting into commercial real estate now. "Mailbox money" sounds good to me!

florida gator 03-27-2003 09:02 PM

Floridian, we tailgate at Wiberts Grocery, across from the law school, before all the home games. That is a great area for rentals. I have some friends who are kicking themselves in the ass right now for not buying there condo when they were going to school. The rents have more than doubled since the early 90s.

mpally 03-27-2003 10:18 PM

I did not read all the posts, so sorry if someone already mentioned this. You could find a vaction spot and buy a condo. In order for this to be a profitable investment, you will have to do a little bit of research. Make sure that real estate prices are rising and that there is no reason that they will not continue in the forseeable future. A good example would be a nice 3-4 bedroom condo at LOTO. The real estate prices are appreciating and there is no reason that they will not contiue to do so. I do not know much about your area, but there may be something like that up there. It is not buying a boat, but it is related.

mercury 03-28-2003 06:50 AM

transferable NFA's

florida gator 03-28-2003 07:23 AM

Along the same line as mpally suggests, I have looked into waterfront condos near me. I figured I could furnish them and rent to snowbirds for the winter. That would more than pay the expenses for the entire year and give me a place to keep my boat in the summer.

Steven Toth 03-28-2003 08:58 AM

Tantrum,

The real estate market for vacationing rentals in such places as Maggie Valley, NC and Pigeon Forge, TN and others is a fairly safe investment as long as you can afford to invest the money and let it work for you. With todays low interst rates you can even borrow money to aide in the construction of various rentals and will have no problem seeing a profit within a reasonable period of time. My Father started building in the Maggie Valley area 10 years ago and has since retired. Wish I could retire, but.. ooh well it gives me something to look forward too.
Good luck in whatever you decide.

LapseofReason 03-28-2003 09:11 AM

Give us the 100k so we can draw up a good plan for you to follow when you get the next 100k, they say the first is the hardest or is that a mil.

Jeff 03-28-2003 10:51 AM

buy 5, one hundred thousand dollar houses and sell one a year on lease options for five years. it works in Fl.

puder 03-28-2003 06:45 PM

commercial real estate. Us eteh 100k as a down payment for aloan on a buildign with triple net lease tenant. Its self collaterizing so the loans are easier to get if you set it up properly. Your tenant must also have outstanding credit, AA rated.

You coudl prolly leverage the 100k into 500k and get yoruself a decent biulding. It provides monthly cash throw off and a great tax shelter. YOu can use it to deffer capitals gains taxxes vioa 1031 exchange.


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