PSX5Central
Non Gaming Discussions => Off-Topic => Topic started by: ooseven on December 30, 2002, 04:17:45 AM
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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*
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A mobile manufacturer: cells is one of the best industry to invest, right now.
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Yeah, like Worldcom.
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:D Or Alcatel, whose investors have gained 300% in 2 years.
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hmm...what industries benefit from war? ;)
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Originally posted by shockwaves
hmm...what industries benefit from war? ;)
LOL, very funny shock :laughing:
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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.
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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.
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GOLD.
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Pork bellies and orange juice.
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^^^^^^^^
: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...
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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.
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Originally posted by Kurt Angle
Pork bellies and orange juice.
frozen orange juice concentrate to be exact
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CHIZZY, and a small part of that gold is in the 2.5 dollars coin, right? :laughing:
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precisely. ;)
CHIZZY- Investing in Adan\'s future...
;)