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Education & Career

What are the best commodities to invest your money into?

Wonderwhat
Wonderwhat Follow
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What are the best commodities to invest your money into?
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  • jamesgoldman
    jamesgoldman Follow
    Master Age: 28
    +1 y
    1.5K opinions shared on Education & Career topic.

    Depends on how much you have personally at this point I'm into gold and silver but my business allows me cheap access to buy and quick liquidity if I need to sell

    N. b. Rental property is good I know people in the field who do well out of it then you have the speculative lines like wine, whisky, art, classic cars and luxury goods

    1
    1 Reply
    • Wonderwhat
      Wonderwhat
      +1 y

      Gold makes a lot of sense because of inflation. I want to do rental property, but it sounds really confusing.

      Reply

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  • Guy13
    Guy13 Follow
    Master Age: 32 , mho 55%
    +1 y
    1.1K opinions shared on Education & Career topic.

    Rental properties: as they have Actual Value and make money both in form and function.
    -I’ve seen some go from 495. To 1295.00 over 15 years as Value went from 191,00 to 600,000. Same sort of thing for
    700 monthly to 1400 monthly.
    -Thats a pretty good return.

    1
    7 Reply
    • Wonderwhat
      Wonderwhat
      +1 y

      Do you invest into overseas rental property? That sounds cool.

      Reply
    • Guy13
      Guy13
      +1 y

      We have commercial unit with 6(1/1) shared huge kitchen building/holding in SE Asia area. It is well known for the best beaches in the world with mountain caves that can be canoed through and see 300 feet down to clear sand ocean floor. James Bond (s) are filmed there.

      Reply
    • Wonderwhat
      Wonderwhat
      +1 y

      Wow nice. How did you do it?

      Reply
    • Guy13
      Guy13
      +1 y

      I have a Business and pleasure connection there. 3 USD to 1 baht. You can have a 4/2 with two kitchens, terra cotta roof Miami/Palm Beach 2700 sqft, high ceiling with 60 inch TV sized window around ceiling, nice weathered tree wood car”patio” cover/garage, same wood type fence on.75 acres with banana and cashew tree for 45,000-65,000 USD. It was much less during virus. Mahogany (is plentiful) cabinets and floors. No A/C and 65 is freeze out cold there. I have what are wall units but elongated a/c blowers for each bedroom.

      Companies like Chevron, Halliburton, Norwegian Oil, Russian Oil, Seafood processing conglomerates are there…

      Reply
    • Guy13
      Guy13
      +1 y

      I started small 3/2 fixer and rented 2 bedrooms to a normal looking perfect old guy (62) tenant.. who turned out to be a cross dresser with penis. I learned fairly quickly why he wanted 2 bedrooms with closets.
      —He was not pretty‼️ Nothing like coming home from work or pub with the “girls” out on screen porch in 1950s sliders metal “couch and chairs”.-Deviant Norman Rockwell…
      —And, I’ve got one of those Nazi Feminists who makes S. O. walk dog in petticoat…heels skirt etc…who would never talk to me until Renwick moved in.
      - It took 3 years and 48,000 in Rent before I could get out of that, clean out my house, and use Equity plus 20,000 to build portfolio.
      —since then duplex fix one side/live there while renting the other. Picked up a Business landlord partner AND now life is Regular.

      Reply
    • Wonderwhat
      Wonderwhat
      +1 y

      That is amazing. How should I get started? what lawyers do I talk to? or what website should I look into?

      Reply
    • Guy13
      Guy13
      +1 y

      Find yourself a well known 2% commission investment buy/flip Realtor. There’s usually about 5-10 and 2/3 which are big boys.
      —In my area now 30,000-50,000 over Cash deals are being outbid. Gun shots in daylight areas now for us. AND make the interior fundamentals new and superior for area. You need 5 years out of that first tenant. Are you Rural, Suburban, orCity-Method depends on it.

      Reply
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