Author Topic: If you had $1,000 to invest... (Read 2754 times)

PowPow · « **Reply #30 on:** February 03, 2011, 01:22:41 PM »

tc,
I've changed my position...buy candy.
PowPow

BUGEYE · « **Reply #31 on:** February 04, 2011, 02:19:37 AM »

oldsoldja, good info, thanks. when I bought my silver I had nothing in mind except that the few savings bonds I had would be worthless if the country went broke. so I cashed them and bought silver. I paid $20 when the market said $19.18. this morning it was $28.88 I intend to use it as barter when necessary. I get lots of silver coins. my wife is a school book keeper and she sees about 3 quarters and 3 dimes a week.
edited to add: yesterday a quarter was worth $5.19 and a dime was $2.08

Swampman · « **Reply #32 on:** February 04, 2011, 02:23:36 AM »

I'd spend it on a nice collectable firearm. It will never buy more than it will today.

45-70.gov · « **Reply #33 on:** February 04, 2011, 03:54:48 AM »

Quote from: Swampman700 on February 04, 2011, 02:23:36 AM

I'd spend it on a nice collectable firearm. It will never buy more than it will today.

i have a winchester model 1894
made in 1895.....cody letter to prove it

just happen to want $1000....to your FFL

magooch · « **Reply #34 on:** February 04, 2011, 04:02:47 AM »

100 watt incandescent light bulbs are now banned in California and they will be in the rest of the country if the environazis get their way. A thousand bucks worth of those bulbs might be worth their weight in gold in the near future. At the very least you would have a few lifetimes worth of light.

mcwoodduck · « **Reply #35 on:** February 04, 2011, 09:18:39 AM »

Quote from: powderman on February 02, 2011, 02:45:35 PM

I always wondered if the shtf how folks would go about buying or trading prescious metals for beans and flour to survive. How would you go about spending a $100 gold piece for a 2 lb bag of beans? It might come to that. POWDERMAN.

That is why I have silver in Coins as well as Ounces.
A mercury dime or X copper pennies (Pre 1982) for the 2 pound bag of beans, and a franklin 1/2 dollar for the beef, fish, pork of fowel.
The gold may be for a cow or pig on the hoof.

Slowhanddd · « **Reply #36 on:** February 04, 2011, 12:07:49 PM »

If I had a $1000 I'd probably tie one on.Find a purty woman for the night.Maybe buy a new gun or ammo.The rest i'd probably just waste.

Hit or Miss · « **Reply #37 on:** February 04, 2011, 03:38:13 PM »

Beans, bullets and bandaids are the best bet. Put it into tangible goods you can use and lay your hands on for the future. Even if you buy $1000 bucks worth of toilet paper now you'll be better of than any "investment" will do. Other than gold or silver, tangibles are going to be your best hedge against inflation.

Ron 1 · « **Reply #38 on:** February 05, 2011, 03:51:54 AM »

im investing in a new to me truck will post pics when i get it home
rw

magooch · « **Reply #39 on:** February 05, 2011, 03:55:46 AM »

Do not put your money into toilet paper, because at the rate we are going, our paper money will be more economical to use as buttwipe.

slim rem 7 · « **Reply #40 on:** February 05, 2011, 04:12:41 AM »

my advice .. if i had a thousand ,i didn t need,id buy staples[beans etc] an canned goods..
now that would best serve my situation .. you res may be different so good luck an may god bless.

ironglow · « **Reply #41 on:** February 05, 2011, 04:35:27 AM »

I have faced the same dilemma in just the last couple weeks. I want to invest 3-4k in something so as not to lose with the coming inflation..agreed by most economists which is going to hit us, probably soon.
CDs and folding the bills in half and putting them in your pocket won't help. Dollars will simply not have the purchasing power...tangibles will. I considered silver bars..uh uh.. not fungible enough. I have been considering silver, specifically pre-1964 silver dimes. Not looking for shiny, collector stuff..just lightly worn dimes (easily fungible). That would be what is called "junk" coins..not pretty, but still silver.
If the SHTF.. what would you buy with a silver bar ? Many things you could buy with a silver dime... Or cartridges or knives or guns.

About 10 years ago, I bought nearly 13 acres of prime hunting, fishing recreational woodlands for 1K per acre... now it is worth 25-30K. There is no more land being made right now...but land taxes continue. Depending on land values and taxes in your area..land could be a good investment. Remember though, the processing of the purchase..survey, title, deed etc is going to cost..right off the top.
Chances are very slim, your land will be worth less in 10 years and probably will be worth much more. If an unexpected development comes along, land could be a veritable 'gold mine'. Paper money or CDs lose thair value...land does not.

blind ear · « **Reply #42 on:** February 05, 2011, 06:39:29 AM »

Land will retain a relative value of worth what ever the economy is. It might take a little while for the value to settle out but it will get there.Todays Land prices can't be earned out of 10 years profit, an old standard for setting value/worth of land.

The value of land/houseing and the over inflated prices/value paid for them and FINANCED by the BANKS is what has this country over a barrel. All the other countries bought into it and are on the same hook. If the congress had let the houseing bubble burst and the banks with the bad loans go under we would be under way to getting back to real value/worth of land and property. It is yet to come, the crash. The stock market will still hit that secound major spike followed by a depression that the congress and bankers can't stop because of lack of confidence by the American public. The stock market is designed to earn, grow, inflate. To the banks,government and investors, the stock market is the economy.

The Bank of America Is setting up a new division just to deal with forecloseing thier bad houseing loans. It will be separate form the rest of the bank. Wonder what one of the largest banks in the US with one of the most sound loan business might be getting ready for?

ear

Ron 1 · « **Reply #43 on:** February 05, 2011, 12:58:50 PM »

I would consider buying a $1000 of beer, than shooting the cans, and than turn them in for aluminum or return deposit dividend...

this might be a better option for me too at the moment

mcwoodduck · « **Reply #44 on:** February 07, 2011, 09:51:04 AM »

Quote from: Ron 1 on February 05, 2011, 12:58:50 PM

I would consider buying a $1000 of beer, than shooting the cans, and than turn them in for aluminum or return deposit dividend...
this might be a better option for me too at the moment

When I was in College in Western PA I remember Iron City and Iron City Light in the 30 packs.
they would run rebates some times. I remember uying the 30 pack for under $8 and sending in for the rebate of $4 and returning the cans for another buck or two.

fatercat · « **Reply #45 on:** February 07, 2011, 10:12:06 AM »

$800.00 i would spend on good liquor and women. the other 200.00 i would probably waste.

351 power · « **Reply #46 on:** February 07, 2011, 12:34:07 PM »

put the money toward debt payment or land purchase. 2 best investments available

45-70.gov · « **Reply #47 on:** February 08, 2011, 04:19:09 AM »

Quote from: 351 power on February 07, 2011, 12:34:07 PM

put the money toward debt payment or land purchase. 2 best investments available

simple and good advice....assuming you have a rainy day fund

oldsoldja · « **Reply #48 on:** February 08, 2011, 01:30:01 PM »

I heard that the human being now is being sold in the third world for about 150.00 each. thats the lowest its ever been. You could have 6 and half of them.

Lots of scumbags out there.

Tommyt · « **Reply #49 on:** February 12, 2011, 04:30:25 AM »

bttt
I would or need sound advice
I know its the net but this is GBO so
I have a better chance of good sound info
I'll also take Pm's on this

ANYONE ?

Thanks
Tommyt

Tommyt · « **Reply #50 on:** February 18, 2011, 01:48:44 AM »

I know someone has a Good Stock Idea or Plan

Starvin

Tommyt

Ron 1 · « **Reply #51 on:** February 18, 2011, 02:49:09 AM »

well scene i love to tinker i bought a 1953 willys pick up truck to restore to my liking i hope to get it to the point where it will be a daily driver this summer at will have a 68 327 almost stock

it should be delivered here in mich. next friday for me it is better then getting 10 new guns of any kind and more exciting then christmas when i was 5 and yes it is even better then BEER

will post pics if anyone is interested what a great investment to have i piece of history that is 57 years old

I would consider buying a $1000 of beer, than shooting the cans, and than turn them in for aluminum or return deposit dividend...

this might be a better option for me too at the moment

now im glad i did not get the beer

rw

BUGEYE · « **Reply #52 on:** February 19, 2011, 04:07:23 AM »

Ron 1, yes please start a new thread in the truck forum and post pictures.
I would love to see your project as it progresses.

S.S. · « **Reply #53 on:** February 19, 2011, 02:36:33 PM »

repair things around the house,
or new tires for the car.

magooch · « **Reply #54 on:** February 20, 2011, 04:46:38 AM »

Alright, we've figured out some things to do with $1000, so now what if you have several hundred thousand dollars that you really don't want to put at risk in the market and the best CD deal yields 2.4%?

Cabin4 · « **Reply #55 on:** February 20, 2011, 04:53:40 AM »

What I will say is stay away from investing in Amana Mutual Funds.
http://www.amanafunds.com/

Spirithawk · « **Reply #56 on:** February 20, 2011, 05:04:17 AM »

If I had $1000 to spend I'd probably get arrested because no way I could save it up legally.

Pat/Rick · « **Reply #57 on:** February 20, 2011, 08:07:31 AM »

http://www.oldjimbo.com/survival/v-shrake/gold.html

This is a pretty good article with a few agreeable points.

45-70.gov · « **Reply #58 on:** February 20, 2011, 08:31:02 AM »

Quote from: magooch on February 20, 2011, 04:46:38 AM

Alright, we've figured out some things to do with $1000, so now what if you have several hundred thousand dollars that you really don't want to put at risk in the market and the best CD deal yields 2.4%?

same thing.....
pay off debt...
rainy day fund...
real estate....
divorce will run about $100 thousand

Dee · « **Reply #59 on:** February 20, 2011, 08:35:53 AM »

Long term storable food.