PSX5Central

Non Gaming Discussions => Off-Topic => Topic started by: ooseven on December 30, 2002, 04:17:45 AM

Title: Invest in 2003
Post by: ooseven on December 30, 2002, 04:17:45 AM
so if you had the chance to invest a large sum of cash for 2003, what would you buy and why?


sime just give two and tell us why


Large quantites of Tickets for LOTR "Return of the king"
yeah i would try and buy them all and then ticket tout to get a vast sum of money... i know its evil..but hey there is money to be had. ;)


Buy a Bomb shelter Construction Company and mine would be the first they would build
why ? *coff*Middle East*coff* *coff* North Korea*cofff*
Title: Invest in 2003
Post by: Seed_Of_Evil on December 30, 2002, 10:17:25 AM
A mobile manufacturer: cells is one of the best industry to invest, right now.
Title: Invest in 2003
Post by: videoholic on December 30, 2002, 10:19:23 AM
Yeah, like Worldcom.
Title: Invest in 2003
Post by: Seed_Of_Evil on December 30, 2002, 10:23:19 AM
:D Or Alcatel, whose investors have gained 300% in 2 years.
Title: Invest in 2003
Post by: shockwaves on December 30, 2002, 12:02:45 PM
hmm...what industries benefit from war? ;)
Title: Invest in 2003
Post by: Seed_Of_Evil on December 30, 2002, 12:27:41 PM
Quote
Originally posted by shockwaves
hmm...what industries benefit from war? ;)

LOL, very funny shock :laughing:
Title: Invest in 2003
Post by: luckee on December 30, 2002, 12:35:28 PM
If this was a little over a year ago, Id inves in security devices and the likes. A friend of mine made a nice bundle investing in metal detection. I wish I would have pulled from my savings to get in on that one.

As for me, cant go wrong in real estate.
Title: Invest in 2003
Post by: videoholic on December 30, 2002, 12:56:01 PM
Real Estate you can virtually never go wrong in.  GE is trading still in the low 20s which is insane for that company.  I tried to get my mom to drop 10k on it when it hit 18 in August, but she refused.  God I need money.
Title: Invest in 2003
Post by: CHIZZY on December 30, 2002, 01:58:43 PM
GOLD.
Title: Invest in 2003
Post by: Kurt Angle on December 30, 2002, 02:51:33 PM
Pork bellies and orange juice.
Title: Invest in 2003
Post by: CHIZZY on December 30, 2002, 03:23:46 PM
^^^^^^^^

:laughing:

To elaborate on the gold thing, I will explain a few things...

During the tech stock boom, central banks in Europe had large quantities of physical gold holdings. They leased the gold to companies, taking a profit on gold that was literally just sitting in their vaults. So, the people who leased the gold sold it to get cash to buy stocks, thinking that with gold being driven down due to market flooding they could replace it cheaply. Then they lost their shirts. Now the central banks are calling for their gold to be replaced, and the companies can\'t come up with it, \'cos the gold is in jewelry and in private investors\' cupboards. So it causes a "short squeeze" driving the price of gold up as investors scramble to fulfill the lease obligations.

In the last year, I\'ve seen gold go from a low of around $240 /oz to $350.

Now if I only had some money...
Title: Invest in 2003
Post by: on December 30, 2002, 03:36:29 PM
Free-porn to the world
My own personal intrests

I\'d probably use it for my city instead, but thats what i would really want.
Title: Invest in 2003
Post by: Jar O Pickles on January 02, 2003, 08:42:30 AM
Quote
Originally posted by Kurt Angle
Pork bellies and orange juice.

frozen orange juice concentrate to be exact
Title: Invest in 2003
Post by: Seed_Of_Evil on January 02, 2003, 10:01:25 AM
CHIZZY, and a small part of that gold is in the 2.5 dollars coin, right? :laughing:
Title: Invest in 2003
Post by: CHIZZY on January 02, 2003, 03:44:40 PM
precisely. ;)

CHIZZY- Investing in Adan\'s future...


;)