Posted by Bradracer18 on December 08, 2012 at 18:30:40 from (173.215.8.237):
In Reply to: O/T Investing opinions posted by 55 50 Ron on December 08, 2012 at 11:25:04:
If you had enough money and could afford a 10 year hold on it, you should probably go with real estate. If not, I'd go with stock market. Have someone invest for you though if not good. I used to put half in a safer (bonds, mutual funds, etc) and the other half in a risky stock market setting. So far they have both made money (in last 5 years, but the stock market one has done the best long term). It has also had periods where I've wanted to pull my money but I didn't, it came back and then some.
You need to talk to people who do this, the rich right now are borrowing money from the bank on cheap interest rates (say 3-5%) and reinvesting and making a return of 10-15%. Making money on money. However, it takes connections, experience and money to do this.
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Today's Featured Article - George's Fordson Major - by Anthony West (UK). This is a bit of a technical info to add on to the article about George's Major in the "A Towny Goes Plowing" article. George bought his Major from a an implement sale about 18 years ago for £200.00. There is no known history regarding its origins or what service it had done, but the following work was undertaken by Harold alone to bring it up to show standard. From the engine number, it was found that the major was produced late 19
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