Man I suck. I don't know much about stuff like that. But why not just invest in oil, or gold? Wouldn't those just shoot up much more in the short term? I mean, even if I had $10000 (which I don't) to invest in FM, it 4 years later I'll make like ~9k, so that's like ~2k a year....I could just as easily work a couple hours a week at a side job and make more than investing. Wouldn't it be more prudent to just buy a nice plot of land in NoVA and ride out the the slump?
Of course I am talking out of my ass, but why must it always take alot of money to make alot of money!
Foxcolt Wrote:Escrow's legit, I've used it before. A lot of people like to use it when purchasing cars cross state since escrow holds the money until the buyer gets the car and is happy with it.
Yea, I'm not too sure yet. This is all I could find. Theres a lot of warnings on craigslist about it.
http://www.craigslist.org/about/scams.html
As quoted from that site, "most online escrow sites are FRAUDULENT, operated by scammers". I'm not sure what that means, but if I use the link in my first post about, I might be ok? Also, I have the sellers phone number and we've been exchanging a few emails already.
Zero Wrote:Man I suck. I don't know much about stuff like that. But why not just invest in oil, or gold? Wouldn't those just shoot up much more in the short term? I mean, even if I had $10000 (which I don't) to invest in FM, it 4 years later I'll make like ~9k, so that's like ~2k a year....I could just as easily work a couple hours a week at a side job and make more than investing. Wouldn't it be more prudent to just buy a nice plot of land in NoVA and ride out the the slump?
Of course I am talking out of my ass, but why must it always take alot of money to make alot of money!
It was more of a dilemma for me with the timing and the whole stock 101 criteria + return vs a sidejob.
The getting paid every week or two weeks leaves you with a quicker piece of mind, has far has getting more money quickly rather than eventually in the future.
*"When money works for you", beyond owning your own business,successfull investing methods can lead to lifestyle thats at the top of the "food chain" so to speak.

stocks make me nervous..
Anyone invest in index funds? Particularly S&P 500.
John - QQQQ and EWL (actually a ETF)
SPY and AGG are also common for retirement (i.e. don't touch it for 20+ years)
Doug - Gold is a safe haven for investors, but a high return in a short term is really dependent on the time frame and demand. It wasn't until recently (due to the weak dollar) that the value of gold has risen...before it was just 'meh' Sure you can invest in oil, but those that are making bank invested in this industry before you and I were born and you can see how with the change of time (years after initial investment)..there is a high return (i.e. long-term investment). For a high return, short-term in stock you have to take a huge risk in invest in a company whose stock is under $10. There was a guy that use to work at FM...he dropped $50K on U.S. Airways when it was $4 a share and sold it when it was $75 a share...that is a crap load of money. In regards to FM stock...i don't look at it as profit...but more like saving your money and getting a bit more for doing it...cause you never know...you might have a project you want to work on in the future and now you have the capital to support it.
SimpleS14 Wrote:Doug - Gold is a safe haven for investors, but a high return in a short term is really dependent on the time frame and demand. It wasn't until recently (due to the weak dollar) that the value of gold has risen...before it was just 'meh' Sure you can invest in oil, but those that are making bank invested in this industry before you and I were born and you can see how with the change of time (years after initial investment)..there is a high return (i.e. long-term investment). For a high return, short-term in stock you have to take a huge risk in invest in a company whose stock is under $10. There was a guy that use to work at FM...he dropped $50K on U.S. Airways when it was $4 a share and sold it when it was $75 a share...that is a crap load of money. In regards to FM stock...i don't look at it as profit...but more like saving your money and getting a bit more for doing it...cause you never know...you might have a project you want to work on in the future and now you have the capital to support it.
Wow George, all this time I just thought you were mostly interested in DIY wiring and painting.

Though it makes alot more sense when you put it in terms of a savings plan. But there are no guarantees with stocks and that makes me nervous too...
ditto on being the black DIY stuff lol
Zero Wrote:But there are no guarantees with stocks and that makes me nervous too...
index funds are generally safer

You wont make as much, but you wont loose as much either. Good for long term retirement thing. Sometimes i think im crazy for thinking about saving for retirement. I don't know many other people that do
anyways.
Anyone like science, namely physics? The large Hadron Collider, the most powerful particle accelerator in the world, will be operating this spring. Why is this significant? We'll be able to put quantum field theory to the test. The coolest part i think, is it may possibly be the first time machine ever built by humans. A true marvel in understanding our physical world a little bit better.
idea of the scale of this bad boy:
How an atom smasher works is two particles are sent off in different tubes that spiral around and around. The particles are constantly being accelerated, hence the name. At the end of the spiral tubes, they collide. BAM.. Great Success!
I tried to click on your sig but it's not a working link. TELL ME THE SECRET TO BIGGER BRIGHTER EYES NOW!!!!!