Money Management And Budgeting

Searching for options for good investments!!!

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Roxxio

Joined: 22 Jul 2008
Roxxio's page
Posts: 1

55 Magic Points

Subject: Searching for options for good investments!!!

Tue Jul 22, 2008 5:32 am

Hi everyone, I have a few months left in my company before I retire …. and I would like to know about the options that I can consider for my retirement plan. I am taking about some real good investments so that I get my future secured (want it secured for the kids too). I have a few options that I can look up to like REI, mutual funds and stocks…..but need a bit of advice from you to make a better decision.

Kronith

Joined: 23 Jul 2008
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Posts: 1

48 Magic Points

Subject: Searching for options for good investments!!!

Wed Jul 23, 2008 3:29 am

Apart form the ones that you have stated there are many more options…..but as far as I am concerned I would consider a wise investment in RE as that is one of the secured options that I know. You just need to hook up a good REconsultant or a real estate investor that can guide you in your investments. That can be good for the future prospects too and will definitely give you a more secure investment than any other.

JPolito830

Joined: 21 Jul 2008
JPolito830's page
Posts: 28
Location: Richmond, VA

948 Magic Points

Wed Jul 23, 2008 3:19 pm

I agree with Real Estate...have you looked into this area yet?
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Searching for debt consolidation assistance.

goodnatured

Joined: 03 Nov 2007
goodnatured's page
Posts: 2632

4999 Magic Points

Wed Jul 23, 2008 10:15 pm

I really like the shows where they buy the homes and flip them, they seem to make a descent amount of money off them as long as they can stay in budget, have you considered this option?
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Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!

fireyone

Joined: 26 Feb 2008
fireyone's page
Posts: 2030

10771 Magic Points

Tue Jul 29, 2008 3:07 pm

I don't know about the real estate or the flipping. I had seen a special on the economy and they had advised not to do the flipping because of the housing market and with the mortgage crisis an d homes not selling for their worth would this truly be a good investment. I guess if you ould buy a house way below its value and add the needed repairs when the market did turn you may yield a return. Its just sounds a little risky at this point.


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