What do you guys think about gold?

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Gold and Diamonds. Two greatest investments that almost every Jew is born knowing that he/she needs to get into. That's the secret.
 
ninjive said:
uhh anyone mind explaining wtf is the deal with the 5$ houses ?
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The only possible reason is that i have been living in England too long, therefore accepting massive house prices. Maybe $5 is the normal price for a house everywhere else in the world!
The only reason this can happen is because us Brits are making up for it with our Tiny 3 bedroom Bungalow's for $500,000+

http://i27.tinypic.com/2ikr6m0.png

Therefore making up for everyone else's affordable housing.

GOD SAAAAVE OUUUUR GRACIOUS QUEEN! LOOOOONG LIVE OUUUR NOOOOOBLE QUEEN! GOOOOOD SAAAAVE OUUUURR QUEEN!

:anon.sml:
 
Guess it depends on what you want out of it.

For the more paranoid among us, gold can be used as an insurance policy against hyper inflation of fiat currency and other worst case economic scenarios. Plus, there is something satisfying and reassuring about physically owning and touching a concentrated form of your wealth.

For more typical investment purposes, the risk-reward characteristics of gold look not so good on the average compared to other investment alternatives.
 
I hope that there are a lot more of people like you in this world.. I'd be damn happy.

Lucidity said:
For more typical investment purposes, the risk-reward characteristics of gold look not so good on the average compared to other investment alternatives.
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xmcp123 said:
lmfao did anyone else notice all of them are sold "as is", generally have plywood over the windows, and frequently mention something about the buyer being responsible for bringing them up to all city codes?

On the upside, if you find a proper crack stash in the floorboards(which appears likely) you could probably get enough $$$ to fix the house up without investing any previously-had in it!
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Lol... Sounds like a great plan. :)

Hey, what's up with these listings? Where are the 3D virtual tours? :D
 
How to make $1M a year offline :)

colts said:
I don't think the prices can go anywhere but up.
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Next "how to make money" post on WF:

Flip a Dump (tm)
- buy cheap ass houses in Detroit
- get some cheap ass lot / property in a more desirable area
- rent a company that moves houses
- do minor fixups, touch up bulletholes, remove dead bodies from attic, etc.
- resell the whole thing for some sweet profit :D
 
bam bam said:
The only possible reason is that i have been living in England too long, therefore accepting massive house prices. Maybe $5 is the normal price for a house everywhere else in the world!
The only reason this can happen is because us Brits are making up for it with our Tiny 3 bedroom Bungalow's for $500,000+

http://i27.tinypic.com/2ikr6m0.png

Therefore making up for everyone else's affordable housing.

GOD SAAAAVE OUUUUR GRACIOUS QUEEN! LOOOOONG LIVE OUUUR NOOOOOBLE QUEEN! GOOOOOD SAAAAVE OUUUURR QUEEN!

:anon.sml:
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Tell me about it!

Here in Scotland there's some absolute shit holes selling for about $200,000+.

And I'm talking boarded up ex-council houses - a half decent home will cost you an easy $300,000+.

Fucking mental.
 
xmcp123 said:
Errrr you might want to avoid that until the dearly beloved mayor we have now is gone...although really...I cannot imagine that being a good idea. There's no jobs, shitty weather, and really just nothing good going on there lately. And btw, I live right by there, so I know what I'm talking about.
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Umm... we work online? Jobs = moot. Shitty weather? Probably better than where I am in freezing-ass Canada. Nothing good going on? Perfect time to liven the economy!
 
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