Re: $20k to invest
Its a mushkil sawal.
Re: $20k to invest
Buy one of those paking garages in downtwon (they are run by companies I guess)
Buy some shops and put them on rent
You can invest in some auto business
Buy a starbucks/fast food chain
You can come to florida and buy some land or farm
you can start some electronics business
or open a morgage company...
Re: $20k to invest
he is talking about $20,000 lol
Re: $20k to invest
Got a new one:
Invest in Apple right before they are about to release a new product...No way you're losing money there :)
Re: $20k to invest
Why not invest in Gold? In last 5 years gold prices are almost doubled and from last 15 years its almost 350% increase ...so that will make it 70,000-80,000 after 15 years...not bad eh?
Re: $20k to invest
divide the money in some proportion. The major portion goes to the new businees which u wish to do.
the other portions will sserve for donations n relatives like a holiday as laszy said.
YET the last portion goes for little savings accumulated for the end of life.
Re: $20k to invest
take your 20 k and invest it in small Cap index funds speacilized in either natural gas or precious metals. Pleanty of value to be had there.
Re: $20k to invest
Let's call Suze Orman and see what she has to say. I'd like to know too.
Re: $20k to invest
Check ANLY on NASDAQ, Its seriously under valued due to tax selling right now and will rebound from $2.3 to around $3.5 by May
Take a look at MRI maker FONAR an well. They are sitting at ~$0.78 and are very under valued considering the strength of their product. They will rebound to at least $1.10 and theres also a very good chance of a takeover by GE. Unfortunately the weakness of FONARS stock prices adds a complexity due to the possibility of delisting from NASDAQ.
If you are interested in Canadian equities look at Enerflex systems, NQL Drilling or Saskatchewan Wheat Pool. All of them offer serious value.
Re: $20k to invest
I will buy a piece of land a little outside of a growing metropolitan's suburb. After 20+ years or so when I myself or my kidz need money for the Uni, I will have a very comfortable amount for them.
OK here how it works. I know several people here (from a specific community/minority ofcourse) who instead of buy RESP or Reg Edu Saving Plan bought a let say 15 to 20 acre farm land area for $200K back in 80s, in a distant suburb of Toronto. Now imagine 10 people sharing $20,000 each buying this land and gave it to farming company on contract to grow and sell crops. In short making a little or no profit but the land is being maintained, thats the goal. After 20 or so years the population has spread come very close to this area that all the builders are begging you to sell this golden-egg duck to them. Guess what, in some cases they sold it anywhere from 3 to 5 Millions. Now calculate the profit ratio and the total return in 20 years given the safest investment critarion. Now if they wanna use that money for early retirement or their kids' Uni they can do whatever they want.
Re: $20k to invest
ahmadjee, i started out doing some quick calculations and ended up making spread sheets on 4 different options for you. Here what your 20,000 will be worth for each option after 15 years
Option-1: $56,901.55 (simple return=185%)
Option-2: $68,060.17 (simple return=240%)
Option-3: $137,500.00 (simple return=588%)
Option-4: $170,541.05 (simple return=753%)
Option-1 is investing money in pfizer stock and reinvesting dividends. I have taken into account a 4% annual increase in stock price (this is what the historical data over the last 20 years show) and kept the dividend at .24, too lazy to check how the dividend has been increasing over the years.
Option 2 is investing in KAPCO shares in Pakistan market and reinvesting the dividends. As there is no historical data I have kept the stock price the same till the end of 15 years at 48 rupees. I have also considered the dollar to rupee conversion the same at 60 rupees to a dollar.
Option 3 is investing in hardwoods. Buying Teak at $4 per tree and then selling after 15 years.
Option 4 is buying 6 year old Teak plants at a slightly higher cost $63.58 per tree and selling the 21 year old trees at a higher value. Please note that option3 and 4 take into account a 6% annual increase in hardwood prices.