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- Are you interested in becoming an organizer in your area?
- Maybe--But Not Sure What to Organize
- Tell us about your experience with alternative energy:
- None.
- What excites you about this campaign?
- That people all over the country are coming together to voice the will of the people.
- What do you want to do to help?
- make people aware
Sarah Anderson's Blog
Questions about investing....and such.
What would be some good investments, so that in 30 years when I am 55 I will have some money set back? I'm not sure how this all works. I may have the wrong idea all together, but I am going to learn. Educate me. Please know what you are talking about before replying to me. I don't wan… Continue
Posted on July 31, 2008 at 8:56pm — 5 Comments
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If you are investing in something then you have to understand its importance now and in the future.
For instance the only business during the iraq war that only had 1 day suspension of service was their local soda bottling company. Within a day after the invasion it was up and running. It supplied soda for a thirsty people that had their water plants bombed. After that single day it was the only business that was guarded 24/7 by both sides of the battle.
If you look back at that situation you could understand that was the business to invest in.
What you have to do as someone investing is to find something as necessary as that.
Government Bonds? well california just told everyone they wont be getting tax rebates and a number of counties are about to go under there.
Gold? hah no the way you make money off of commodities is to be the one that buys and sells them. You always pay someone less then true value and sell at higher values. Owing it is meaningless.
CD's, Pharmaceuticals, tech companies? what about baseball cards heh
I don't know it is difficult to say exactly what but I can tell you how.
Lets say you invest $1000 in a soda company over a period of time your investment grows to $2500. At a minimum you want to as quickly as you can remove that first $1000 from the investment. It is your choice to keep the rest in there but at least you have your investment back.
If the period of time to grow from 1k to 2.5 k is long enough you may want to remove $1,500 instead of $1,000 because you will be retrieving your initial investment Plus the depreciation of your initial investment money due to inflation and depreciation of the US Dollar.
An easy way to understand inflation and depreciation of the value of the dollar is to look at what your grandparents paid for a house THEN what your parents paid for a house ... and what you will have to pay for a house after a 30 year loan.
and that brings up another point
The best investment of your money is to use it wisely.
If you do buy a house pay off more then the monthly payment every month and you will reduce your final cost by a exponential factor.
Paying an extra $100 a month on your loan for 10 years wont just save you $12,000 it will save you more like $60,000
And don't keep balances on your credit cards or other loans that you can pay faster.
Lenders always charge you more to borrow their money then they are willing to pay you if you buy a CD, Bond or other investment in their company.
Its like going to a Casino. You always have a 55% chance of losing every time you place a bet. It is never a 50/50 deal at a casino. If it was then they wouldn't have those HUGE buildings that are wrapped in gold leaf.
So be very careful with your money and only take chances when you can live with the fact you might lose it all....
And if you do decide to take a chance... make sure you yank your initial investment out as soon as you can and then let your bets ride on the houses money not yours.
Did you do the artwork of the woman standing on the steps?
Very nice work. It calls for one's attention and at the same time evokes a longing for a time not so long ago...
I noticed on one of your blogs you were interested in learning about what to do with your money.
If I were you I'd be saying 'WOW',... look at all the advice you are getting!
In my opinion there are a lot of unknowns to get more
information on before ANYONE should ever tell
someone else what to do with their money.
How many accounts you have and what is in them is not something
to share on this page, but may be discussed privately once you get more
information, become better educated and comfortable with who you are
talking to...
It's personal, and maybe not everyone should know what you have,
what you want, what you want to invest periodically,
what you earn, what you pay in taxes,
(how you may be able to Reduce Taxes,.. or even eliminate them completely!),
what amounts are necessary to invest in certain types of investments
what you want your money to do for you and society.
There is more to what your money can do than simply earn a return.
I started my business with $500 I borrowed and worked for 31 years to be comfortable and take time to care for my family.
I retired at 49 and after a short time I decided I needed to do something more.
I've taken the retirement assets into consideration but I've as well started yet ANOTHER business, this time employing Great Brittain's Royal Queen's advice;
I seek out and seed the best talent's time, spend my money wisely,
and locate the business where I can watch and comment on what needs
to happen next if I am going to put in more money.
And it works!
I still have time to live, love, and watch my investments grow
and at the same time watch great talent grow too!
It's easier than trying to figure out prospectus documents, tax forms, exemptions, zero coupon annuities, bond discounts, watching the market, (which is watching the businesses you would otherwise be TELLING what to do), and overall becomming at least as smart as the guy telling you what you don't know.
In other words,.. If I was smart enough to earn it,.. I should be smart enough to keep it!
The fact that you are even involved in the PP movement says you recognize where the world has to go to sustain a living standard that makes sense.
Our biggest objective should not be to go to zero carbon footprints but to set as objectives a negative carbon footprint,.. to sustain zero carbon footprint is to go nowhere.
The money to be made in this economic environment is in finding and funding companies as a direct investor, (meaning no need or wish to hand the money to persons whose self interest ALWAYS superscedes yours), where you as an investor can have a vote, a say in what goes on in the company.
This means involvement, it means committment, it means knowing where you want to go with your money and when you want to do it.
Oddly, you've joined a prime group
of people committed to a great cause.
This forum is rife with people who are
committed to making energy their
prime objective.
My grandmother, who was a builder, (and ran a bar in the evenings),
for 55 years beginning in 1934, always said,
"If you want to have something when you are old,.. Put your eggs in one basket and Watch That Basket!"
Today the investment environment has taught us
that putting your money in some complicated account,
going about our lives, trusting the 'advisor' or 'institution's strength'
and believing it is "safe" is folly.
An institution who is strong means they have a barn full of lawyers who are going to tell you you're wrong!
Who would have believed ten, thirty, fifty years ago, that Bear Stearns, Citibank,
or GM would be on their knees?
These companies were generally described as follows; "if GM sneezes, the country gets a cold".
The very companies that we depended upon for safety
are the ones who participated in getting us into this mess, and
then expecting us to bail them out!
GM did NOTHING to bring us to energy independence!
So whose doing it now? US!
Today the idea that we become independent and self sufficient is our greatest challenge.
This challenge means we have to sort thru the companies who fit our ideals,
our beliefs, whose philosophy fits our own.
Companies and investment advisors and brokers who speak down to us
as the uneducated masses have run their course,.. the tendancy is to become
confused by the terms, rules, clauses, and caveats,.. thus the
broker and "advisor" demonstrates therefore how badly you need them.
My rule is 'If my daughters don't understand or believe in it I don't invest in it'.
They are 16, 22, and 25 and are well educated but believe in self reliance and don't really expect there
to be a social security system that will 'take care of them'.
So in summary,... I don't believe I would take the bait on the first morsel of advice I read, am told, or have to consent to by bullying bankers!
Too many of us look at all this stuff and end up 'investing' emotionally anyway!
Put your money where your thoughts are, where your heart is,.. In my case,.. I've decided to focus on energy because I'm concerned about my children and the children they don't even have yet.
It's a private matter anyway,.. if you want more advice just ask,..
you have many personal issues that affect what you may do with the money you have,..
(notice that I don't use the word "should", or "MUST",
or tell you from some sense of authority how to invest).
I'm sure any of us would be glad to give you a
private email for a more confidential conversation.
Still, you have it right,. educate yourself,..
learn about what your money will be doing First,.. then
it will become easier to figure out what to do with it.
Highest Regards
Steven Robinson
When you get a chance you might want to go to the Artists Round-Up group that is not so much a group as it is a roster. It is a good venue on this site to promote yourself and your work. Just start a discussion title it your name and then begin to promote. To find it to to the groups page and enter the keyword artists into the search field.
Monte
Thanks for being our friend..!!!
Dennis
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I just wanted to take a second of your time to invite you to view, A Solar Solution!
www.powur.com/homeenergy1 - click View Our Mission and if interested click the back arrow to Become an Ecopreneur.
Also you can see what we offer home owners - www.glenburniesolar.com
Thank You For Your Time
(Please feel free to add me as a friend)
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I would like to see Mr. Pickens do a large stadium (75,000 supporters)– energy summit.
I would think that CNN and FOX and other media sources would show up and push the cause and strengthen T. Boone’s power. We could pull in some corporate sponsors to offset the cost (green sponsors of course). I am trying to find people that might be interested in helping.
What about you?
Let’s be friends
Jeff
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