[–] GassyMcGasface 0 points 2 points (+2|-0) ago 

SeekingAlpha investing forum

Or stockpile for the coming war

[–] CommiePatrol [S] 0 points 0 points (+0|-0) ago 

Thanks didn't know about SeekingAlpha, I'll check it out.

[–] phw 0 points 1 points (+1|-0) ago 

Absentee landlording is a great way to get screwed. If you want an alternative way to invest in real estate, look into real estate investment trusts (REITs).

[–] CommiePatrol [S] 0 points 0 points (+0|-0) ago 

Thank you!

[–] GunsSaveLives 0 points 1 points (+1|-0) ago  (edited ago)

You've come to the right place...

Without knowing more, I'd recommend placing your annual limit in a Roth-IRA. I think this is about $5,500 per year?

Also, there are a lot of banks with "high" interest rates on savings accounts (like 1.5%). Check out a website called "Doctor of Credit" for a regularly-updated article on banks with high interest rates. I don't recommend this for the long term, but if you should put your money in one now as you research and decide where to invest it more profitably. For example, if you decided to invest in real estate, it will take several months to find the right property, so you might as well be earning a little interest in the meantime.

[–] CommiePatrol [S] 0 points 1 points (+1|-0) ago  (edited ago)

Hmm, I have 401k with my employer but Roth-IRA is probably a good idea also. I'll open up an account with the same company I have 401k with. Thanks!

[–] plankO 0 points 1 points (+1|-0) ago 

Do you need the cash? Renting is where it's at if you don't need the cash. Buy a property and then hire a guy to manage it for you.

[–] CommiePatrol [S] 0 points 1 points (+1|-0) ago 

Not right away, I'd like to invest and then collect something later. Yea I'm looking into this option currently.

[–] plankO 0 points 0 points (+0|-0) ago 

An old friend of mine did this. His Mom died and the property value of her house was low so he rented it. His solution to "the checks in the mail" was really clever. He gave his tenants deposit slips :) they have to deposit their rent payments in his bank. Ha!

[–] BillyLuath 0 points 1 points (+1|-0) ago 

Well, Zerohedge is a good place to start.

[–] AnmanIndustries 0 points 0 points (+0|-0) ago 

Either invest for a depression, food, guns, or hold your cash for the crash. When it hits you can buy almost any decent stock tied to a decent business and you will make money. Property takes a bit longer to drop after a crash.