Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
financial dudez: 100g's investing....what do you do ?
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="FIVEHOE" data-source="post: 16355754" data-attributes="member: 140030"><p>I've looked into flipping but even if you had a realtors license, might be hard pressed to make a buck in the current state of the market in the Phoenix area. Where I'm at (Gilbert) has been booming. House is up 21% since I bought it 2.5 years ago (Neighbor just sold his house with same layout as mine in 1 week, over zillow estimated price, over asking price) and PHX, Scottsdale and Tempe have been doing the same. People are speculating market correction soon. But imo, Demand continues to exceed supply which = higher prices. </p><p></p><p>As far as investing, these are my holds at the moment:</p><p></p><p>Long term: TNA (bought in at 49.50, have gotten some quite nice gains off the trump administration era <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /> )</p><p>Short Term: NUGT, GDX, DUST. All related to gold, so some perform inversely of the stock market. IE, if market is down, and people buy gold, NUGT and GDX go up. If gold is shitty, DUST is up. Since they perform inversely of eachother, I wait until they dip real low till I buy in. For example, DUST dropped to 5.62 earlier today when I bought in, sold a few hours later for 5.92. easy gains. You can hold long term, but I don't stay greedy with it. </p><p>Also got 20 racks into NUGT awhile back at 27.10. Probably going to dump soon after seeing what happens in the upcoming weeks.</p></blockquote><p></p>
[QUOTE="FIVEHOE, post: 16355754, member: 140030"] I've looked into flipping but even if you had a realtors license, might be hard pressed to make a buck in the current state of the market in the Phoenix area. Where I'm at (Gilbert) has been booming. House is up 21% since I bought it 2.5 years ago (Neighbor just sold his house with same layout as mine in 1 week, over zillow estimated price, over asking price) and PHX, Scottsdale and Tempe have been doing the same. People are speculating market correction soon. But imo, Demand continues to exceed supply which = higher prices. As far as investing, these are my holds at the moment: Long term: TNA (bought in at 49.50, have gotten some quite nice gains off the trump administration era ;) ) Short Term: NUGT, GDX, DUST. All related to gold, so some perform inversely of the stock market. IE, if market is down, and people buy gold, NUGT and GDX go up. If gold is shitty, DUST is up. Since they perform inversely of eachother, I wait until they dip real low till I buy in. For example, DUST dropped to 5.62 earlier today when I bought in, sold a few hours later for 5.92. easy gains. You can hold long term, but I don't stay greedy with it. Also got 20 racks into NUGT awhile back at 27.10. Probably going to dump soon after seeing what happens in the upcoming weeks. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
financial dudez: 100g's investing....what do you do ?
Top