You have $100,000.00 to invest

[Truthmatters]

Nope , you just move into it for two years before you sell it.

I currently rent out a home and have been doing it forf 15 years.

Dont leave them a washer and dryer to ruin fella.


Im just good at picking people I think.

 

[Toro]

and the long term, more than a year, capital gains tax is at 15% now yet possibly will double and go back to 30% soon.
The taxes on your investment dollars will DOUBLE with a change in the capital gains tax structure:
1. Will that affect how much $ you invest in America?
2. Will that cause you NOT to put any of your $ as a capital investment?
3. Will the rise in capital gains taxes affect how much $ is invested in America?
4. Will the rise in capital gains taxes SLOW capital investment?
5. How many jobs will be lost with the slow down in investment capital?

1&2 None, zero, zip, nada. It may make me think more so about avoiding taxes, however.

3&4 From 15% to 30%, probably a bit. From 15% to 50%, probably a lot. The relationships aren't linear.

5. Some, but not a lot. If you are looking at offshoring, taxes aren't your primary cost. If you are looking at investing domestically because of the inherent advantages of America, your competition is the western world, not the emerging markets. Thus, your competition is western Europe, Canada, Japan, etc. And America's tax regime is very competitive with those nations.

But I'm not a rich guy living in Manhattan or California. I might behave differently if I were.

In fact, being a Canadian, I may one day leave the US for the Caymans or some other tax haven if the coming fiscal issues aren't resolved.

 

[Gadawg73]

Nope , you just move into it for two years before you sell it.

I currently rent out a home and have been doing it forf 15 years.

Dont leave them a washer and dryer to ruin fella.

Im just good at picking people I think.

I was not!

 

[uscitizen]

Invest in gold now when it it at historic highs?

Just to get in on another bubble?

 

[Gadawg73]

and the long term, more than a year, capital gains tax is at 15% now yet possibly will double and go back to 30% soon.
The taxes on your investment dollars will DOUBLE with a change in the capital gains tax structure:
1. Will that affect how much $ you invest in America?
2. Will that cause you NOT to put any of your $ as a capital investment?
3. Will the rise in capital gains taxes affect how much $ is invested in America?
4. Will the rise in capital gains taxes SLOW capital investment?
5. How many jobs will be lost with the slow down in investment capital?

1&2 None, zero, zip, nada. It may make me think more so about avoiding taxes, however.

3&4 From 15% to 30%, probably a bit. From 15% to 50%, probably a lot. The relationships aren't linear.

5. Some, but not a lot. If you are looking at offshoring, taxes aren't your primary cost. If you are looking at investing domestically because of the inherent advantages of America, your competition is the western world, not the emerging markets. Thus, your competition is western Europe, Canada, Japan, etc. And America's tax regime is very competitive with those nations.

But I'm not a rich guy living in Manhattan or California. I might behave differently if I were.

In fact, being a Canadian, I may one day leave the US for the Caymans or some other tax haven if the coming fiscal issues aren't resolved.

Ah Georgetown, Hell and the great diving there. Went there on my honeymoon 33 years ago and many times since. Conch sushi is to die for.

 

[Toro]

Invest in gold now when it it at historic highs?

Just to get in on another bubble?

I would not ever make any recommendations about what someone should or should not invest in on a message board.

However, the stock market hit all-time highs in the 80s, and inflation-adjusted highs in the early-90s, yet went up for another decade.

We don't know if gold is a bubble. I'm sure it will be one day, but I suspect it is not right now. The inflation-adjusted high for gold was $1800 to $2300 in the early-80s, depending on which inflation metric used. We are not even close to that yet.

And when I look at this chart

I don't see a bubble. I see a strong bull market.

 

[007]

I'd buy a .50 caliber sniper rifle, two or three AR-15's, half a dozen pistols and enough ammo to keep them firing for years. Then I'd install a diesel generator with an underground fuel tank, and stock up on as much non perishable food stocks that I could pack. That would be a start.

Unless something drastic happens in November and we elect enough people to turn this country around from the current socialist, marxist, NWO spending train wreck this fucking SHIT STAIN little purple lipped ASS PLUG we have in the White House has us on, there isn't going to be an economy left to invest in. You better be looking out for your own welfare. Hopefully it won't come to that, but it never hurts to be prepared.

 

[boedicca]

and the long term, more than a year, capital gains tax is at 15% now yet possibly will double and go back to 30% soon.
The taxes on your investment dollars will double with a change in the capital gains tax structure:
1. Will that affect how much $ you invest in america?
2. Will that cause you not to put any of your $ as a capital investment?
3. Will the rise in capital gains taxes affect how much $ is invested in america?
4. Will the rise in capital gains taxes slow capital investment?
5. How many jobs will be lost with the slow down in investment capital?

gold--gold--gold.

I'm not interested in gold right now. Once the retail commercials hawking an investment are all over television, it's an indicator that a bubble has formed.

 

[Truthmatters]

Very true Boody,

When glen beck is hawking gold you know its time to sell.

 

[Truthmatters]

Nope , you just move into it for two years before you sell it.

I currently rent out a home and have been doing it forf 15 years.

Dont leave them a washer and dryer to ruin fella.

Im just good at picking people I think.

I was not!

I have never picked Perfect people but I have a nack of picking decent people.

Hell if they pay you 10 out of twelve months you are still in the positive if you own outright.

Now is a great time to buy realestate and you could live on what four houses could bring you very nicely.

You pack away enough to live for two months with NO income and renting is a breeze.

Be kind and understanding to the people and you get a long way with them.

The BIGGEST part is picking the people.

I am just a great judge of human nature.

If a tennant leaves you a house perfectly ready to rent again be totally amazed.

It NEVER happens.

I actually love going in and refixing the house and consider it a kind of vaction for me.

99% is attitude and being willing to accepot the facts of life.

 

[KissMy]

Buy a house and rent it out.

I have owned rental property.NEVER AGAIN.
They destroy it, run off with the washer and dryer and pipes, owe back rent, etc.

Listen, Look, & Check History.

My #1 criteria for picking renters is a direct conversation with them. Listen for ques of anal retentive compulsive neat freak, intelligence, personal responsibility.

My #2 criteria for picking renters is to look at their smile, their shoes & automobile. A smiling person is usually well adjusted & not self destructive & destroying of others around them. You also get a good look at their teeth when they smile to see if they have meth mouth & missing teeth. Their shoes & automobile will let you know if they are who they say they are, work in the business they say they do, how clean they are & how wealthy they are.

My #3 criteria for picking renters is a direct conversation with their previous land Lord. Realize however that this may be a friend of theirs or a land Lord saying anything trying to rid themselves of this bad tenant.

My #4 criteria for picking renters is to check their credit history. Score 680 or above.

 

[Lonestar_logic]

I shouldn't be telling folks this, but Natural Gas is a solid investment amd gold is always a good thing. Buying gold actually strengthens the dollar since gold is bought with US dollars.

 

[Gadawg73]

I shouldn't be telling folks this, but Natural Gas is a solid investment amd gold is always a good thing. Buying gold actually strengthens the dollar since gold is bought with US dollars.

If you bought gold in 1980 at $850 an ounce what would be your return if you sold it tomorrow at $1250?

Sorry, gold is a horrible long term investment. Always has been and always will be.
Gold is pure speculation.

 

[Zander]

If you are worried about taxes and the money was held in a taxable account I would keep it invested in an index fund. They are extremely tax efficient. There are also "tax managed" funds that use a passive approach and tax loss harvesting to keep taxes down.

Alternatively, you could pay down mortgage and other debt.

 

[Oddball]

Short the Euro and buy gold & silver with the profits.

 

[Gadawg73]

Raw land, sit on it and wait.
Patience.

 

[Gadawg73]

Buy a house and rent it out.

I have owned rental property.NEVER AGAIN.
They destroy it, run off with the washer and dryer and pipes, owe back rent, etc.

Listen, Look, & Check History.

My #1 criteria for picking renters is a direct conversation with them. Listen for ques of anal retentive compulsive neat freak, intelligence, personal responsibility.

My #2 criteria for picking renters is to look at their smile, their shoes & automobile. A smiling person is usually well adjusted & not self destructive & destroying of others around them. You also get a good look at their teeth when they smile to see if they have meth mouth & missing teeth. Their shoes & automobile will let you know if they are who they say they are, work in the business they say they do, how clean they are & how wealthy they are.

My #3 criteria for picking renters is a direct conversation with their previous land Lord. Realize however that this may be a friend of theirs or a land Lord saying anything trying to rid themselves of this bad tenant.

My #4 criteria for picking renters is to check their credit history. Score 680 or above.

Their previous land lord is glad they are gone if they are bad and glad they are now YOUR problem.
My only criteria was never own any property that rents for less than $1800 a month and I still had problems.
No one with a brain wants rental property in this market. With a glut of homes on the market vacant and apartments at 50% capacity the market is flooded and rents are WAY DOWN.
Too many hassles. Raw land, sit and wait and use my free time fishing and hunting or traveling to all inclusives in Punta Cana, Jamaica and Mexico.
Puerto Aventuras Marina is heaven on earth.

 

[Toro]

Raw land, sit on it and wait.
Patience.

I agree. Bought a piece a few months ago. Best deal in the world right now. I may buy more.

 

[Oddball]

Raw land, sit on it and wait.
Patience.

I dunno right now....If the spaghetti really hits the fan, are you going to scoop up your dirt and bug out to Costa Rica?

 

[AquaAthena]

I would buy houses, property & gold.

Houses have fallen most & will recover most. Property has also fallen & has fewer taxes & maintenance. Gold has zero tax or maintenance & if you get in a tight spot & have to go bankrupt, they can't take what they can't find. All three are insurance against government default, credit crisis or currency crisis. None of these will become worthless & will increase in value over time.

That is what I would be inclined to do also, however I would have to wing it by Donald Trump first...