[eeloha]

Originally Posted by CDRamming

Buy a home thats on or close to a college campus, with the housing market low. I go to the University of Dayton that has a student neighborhood of like 800 houses. The school owns the majority and charges around $2000/semester/student. People are more than willing to pay. There are 3 bedroom houses with 6 kids living. $12,000 semester and possibility for summer rental at lower prices. Theres a house called the Mansion for sale only $1.2 million, with 8 guys living there At $2200 semester. Its your calling...Just kidding. The downside is you are a landlord for college kids, but we really dont care how bad the house is, as long as the parties are good.

Being a college kid living in OH i totally feel you on that! haha but since i'm in college too, I cant be a landlord unless i want to fail all my classes

[Gaulkin]

Cocaine will always be a great investment and come on how much knowledge do you need to sell it....

[biz_protege]

Hmmm, why not put it in the bank. Its a waste if you spend it all up. Save half of it, then try putting up a business with the other half.

[monchi]

Originally Posted by eeloha

hey everyone, my parents have quite a bit of money saved up from work and they have no idea what to do with it. I tried to invest some of it into stocks for them but that didnt work out too well... (almost made some money, but didnt) They have a financial adviser but i feel like he is shady and doesnt know what he is doing. Can you guys help me out, what should they do, they are not in the age where they can start an actual business, maybe online if i run it for them... any help much appretciated

Invest in currency like Brazil, or just invest in companys down there its going to grow and its growing.

Like interent companies will grow since more customers will get internet.
car delearships will grow since more people will be able to afford cars.
Cell phones are going to grow also, overall whole economy over there will grow. And no I am not Brazilian.

[eeloha]

Originally Posted by monchi

Invest in currency like Brazil, or just invest in companys down there its going to grow and its growing.

Like interent companies will grow since more customers will get internet.
car delearships will grow since more people will be able to afford cars.
Cell phones are going to grow also, overall whole economy over there will grow. And no I am not Brazilian.

Its funny that you mention that, because I was actually about to start a thread asking about ways to make money exchanging currency. Are you currently investing in Brazil? I'm not really sure how to go about doing all that either, help me out.

[IDALeaders]

HI there,

Real estate is one of the best if not the best way to invest your money, it is a real asset not an imaginary or unstable commodity. But you do not have to buy and sell the properties yourself. Many Real Estate Investors ,like myself, use "Private Money" to finance our deals. You get a great rate of return and you are the "Bank". When I use Private money I give 12% annual return guaranteed by first mortgage against the property. This is a great time to get into this arena because there are so many deals. You want to make sure that your Loan to Value ratios are good. For instance when my "private Money" lenders loan to me it is usually at 75% or less of the value, ie. loan amount= 75,000 Property value = 100,000 loan to value = 75/100 or 75%.
If you want to know more about it let me know.
You can also make your returns TAX FREE if you use an IRA to fund the loans, the money gets paid straight back to the IRA without being taxed!!! I know people that have turned a few thousand dollars to hundreds of thousands with out any taxes!!!

Ryan,

Live free, Debt Free

[Korzhik]

with the housing market in distress i think the time to buy is RIGHT NOW!!!

[Jay Brass]

Bonds are a great way to increase a person's financial standing. Look into them. It will take a while for them to get their money, but it is a great, safe way to get more money.

Also, if they have an IRA, put it into their. Nuff said.

[Croconaw88]

Just for foreword, I am not a financial advisor, just someone who has done a little research.

Investing in the stock market is probably the best you'll be able to do with minimal effort if you don't understand real estate or currency trading.

Brokers and related will charge you much higher fees if you buy through them, so it would be much superior to use a discount broker. You have to watch your fees and steer away from loaded mutual funds. A small difference in fees can have a staggering effect on your portfolio. Just for a quick example try googling "tyranny of compounding costs"



IRAs are Roth IRAs(Better for the younger generation) are great vehicles but they have limits to how much you can contribute every year. So if your parents have a considerable amount of money you might not be able to invest it all.

Most advice from professionals to people who don't have the time or inclination to learn everything about stocks is to buy a low cost index fund. I prefer The Vanguard Group's low cost ETFs and mutual funds. On average you'll pay 1/7 what you would elsewhere for comparable funds. There's a variety of funds out there so make sure they are attuned to your parents risk profile for their age. Personally I think now is a great time to start investing in an index fund because the market is looking up. HOWEVER DO NOT INVEST ALL AT ONCE. This will keep you from accidently getting your money in at the worst time. Also Vanguard isn't the only place you can do this either they just happen to be where I'm setting up my Roth IRA.