Interesting article of union spending

[coltsfan1955]

I don't particularly like RUBs but I'll sure enough sell them Harley Parts, as long as I get at least a 100% profit on my investment.

Really though, can you honestly think of a safer place to invest a hundred million dollars than building a luxury hotel in Ft Lauderdale? Not everyone can "let their money work for them", some one has to actually do something.

I actually believe real-estate is a food long-term investment. Over time the number of people will continue to increase but the amount of land will not. But it is not very liquid so I believe it should be used only as a long-term investment. The one exception I would make is one's primary residence. Live in it....invest I it and enjoy it.

But that real estate is a long term investment that returns a profit every day. Good Grief, we are in this for a thousand years, not today's or this weeks trading cycle on Wall Street. A quadzillion isn't a made up word, it is a thousand trillions. That is how many trades are made on Wall Street every year.

Not much has lost more value than real estate over the past 5 years. Especially in certain areas, it was over-valued, but it will be a while until it comes back. On the other hand, there are many stocks and even complete sectors that have grown substantially. This is why one should diversify.

Stocks are a scam, and if someone is foolhardy enough to buy overpriced real estate they don't have any business around our pension funds. Buying into bubbles is for bubbleheads. Our pensions do have stocks and bonds though, just not nearly as high of a percentage as people think.

[madchemist]

So, what percentage are your real estate investment returning?

[NHPats2011]

I don't particularly like RUBs but I'll sure enough sell them Harley Parts, as long as I get at least a 100% profit on my investment.

Really though, can you honestly think of a safer place to invest a hundred million dollars than building a luxury hotel in Ft Lauderdale? Not everyone can "let their money work for them", some one has to actually do something.

I actually believe real-estate is a food long-term investment. Over time the number of people will continue to increase but the amount of land will not. But it is not very liquid so I believe it should be used only as a long-term investment. The one exception I would make is one's primary residence. Live in it....invest I it and enjoy it.

But that real estate is a long term investment that returns a profit every day. Good Grief, we are in this for a thousand years, not today's or this weeks trading cycle on Wall Street. A quadzillion isn't a made up word, it is a thousand trillions. That is how many trades are made on Wall Street every year.

Not much has lost more value than real estate over the past 5 years. Especially in certain areas, it was over-valued, but it will be a while until it comes back. On the other hand, there are many stocks and even complete sectors that have grown substantially. This is why one should diversify.

Stocks are a scam, and if someone is foolhardy enough to buy overpriced real estate they don't have any business around our pension funds. Buying into bubbles is for bubbleheads. Our pensions do have stocks and bonds though, just not nearly as high of a percentage as people think.

You claim stocks are a scam, and yet you rail incessently against those who have grown their incomes immensely by investing in stocks. How do you reconcile this?