What would you do with a Clondike bar?

[Blackjack200]

Originally posted by: ebaycj

Originally posted by: Blackjack200
Investing in Real Estate is quite risky.

It's not risky at all if you plan on buying a primary residence in cash, that you plan on living in for the forseeable future.

It certainly is risky if you are trying to speculate / make money.

I disagree, I still think it's risky. You may not realize a loss if you continue to live there, but that doesn't mean that the value is not going down. What if the neighborhood deteriorates? What if he gets a better job somewhere else and needs to move?

To be fair, I do think it's far less risky than flipping properties or buying for rental income; and personally I'm comfortable with the risk (as a homeowner).

 

[JJChicken]

Originally posted by: fallout man
My basic question to all you financially independent, successful folks:

If you had X hundred thousand dollars on hand, how would you safely make it grow?

As I really like the idea of not losing money, what's the best savings scheme able to provide the most return on a few hundred K? I'm looking for slow-and-steady, and also would like the option of having the cash on hand to buy realty in the near future.

Buy property. NOW. the prices are so low it would be a bargain. I'd also advise investing in Morgan Stanley and Goldman Sachs - great bargain buys :thumbsup:

 

[JJChicken]

Originally posted by: fallout man
My basic question to all you financially independent, successful folks:

If you had X hundred thousand dollars on hand, how would you safely make it grow?

As I really like the idea of not losing money, what's the best savings scheme able to provide the most return on a few hundred K? I'm looking for slow-and-steady, and also would like the option of having the cash on hand to buy realty in the near future.

Hookers and blow would be good as well.