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Buy some seeds and grow some killer pot...sell sell sell smoke smoke smoke!!!:Scanlon:
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Farmland can be a great investment.
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and yes, I sell farmland.
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Yeah, don't take advice from this guy. |
My retirement contributions are currently going into Hartford's Capital Appreciation 2 fund (HCTAX). It is really low right now - 11.4ish yesterday but it hasn't done any worse than our other investments, and at times has done a bit better. It was started just a few years back when Hartford's Capitol Appreciation fund (ITHAX) capped out with the same approach that took that fund from $10-$12 a share up to the mid $40s a share in about 11 years, 'course then everything started falling. Before everything went downhill, both funds were averaging close to 20% a year growth.
I was thinking tuesday that I wished I had a couple grand to put into AIG. If I had, right now I'd be standing on 3x the $. |
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I hear they aren't making any more of it. |
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DISCLAIMER: I do not support the destruction of our planet's rainforest. So land stays in demand... I mean because of the trees and animals. |
A bankrupt goverment taking over huge bankrupt corporations.
That should make us sleep well at night. |
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With what we're learning right now about how the markets have been operating, a fund that was doing exceptionally well since about 1999 is probably more something you would want to stay away from as opposed to join up. If they were doing 20% a year then they were doing it by being heavily into all of these bad investments that made tons of not-real money and are now causing financial institutions to fall like a house of cards. |
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Havn't you heard? Triple in post #18 said and i quote "99%+ of all banks in the united states are fine and well capitalized." I need some rose colored glasses. Or a hit off his bong. |
Let's look at a little recent history for investment purposes.
If, in 2000 you invested $10,000: The DOW: You'd have about $9,500 adjusting for inflation and fees. The Nasdaq: You'd have about $4600 adjusting for inflation and fees. Invest at your own risk. And do your own due diligence. Don't rely on what anyone else tells you. IT'S YOUR MONEY! Take care of it. |
Go watch Boiler Room. Be careful.
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