Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: dave rose who wrote (100641)	1/13/2009 8:53:59 PM
From: Tommaso	Read Replies (2) \| Respond to of 110194

Put it all into COS.UN (Toronto stock exchange), which is COSWF, quoted and traded all day on the NASDAQ pink sheets. I am about in your situation and own over $170,000 worth of COSWF. But it's true that I own my house free and clear and am not yet planning to mortgage it.

To: dave rose who wrote (100641)	1/13/2009 10:10:46 PM
From: TH	Read Replies (1) \| Respond to of 110194

Hello Dave, What is your objective? Are you looking to run your own carry trade and speculate with the funds? Did you live like me and have already rolled the odometer by 21 or are you drinking health shakes, running 5 miles a day, and planning on triple digits? I agree that it is probably a good idea, provided you choose to invest in something fairly liquid, or you can find something safe enough in fixed with a meaningful spread. Let me know what you want to do and I'll probably ask some people with much more knowledge of such things than I have. BTW, after I purchased the bulk of my bullion in 03 and 04, I was sitting at my desk thinking, "where can I get some more cash". I had just sold my speculative property (Detroit peaked in 04/05, about a year before the rest of the world). I then decided that I needed a bigger mortgage, for my current one was chump change. That move, at 4.33% on a five year, added another 15% to my bullion holding, and has proven to have been a very good play. So far. GT TH

To: dave rose who wrote (100641)	1/13/2009 11:13:10 PM
From: carranza2	2 Recommendations Respond to of 110194

If you otherwise don't need the money, have some fun with it. At your age, enjoy it. Get a mistress, take some trips, give some to charity, whatever.

To: dave rose who wrote (100641)	1/14/2009 11:53:59 AM
From: studdog	Respond to of 110194

Ummm, I'd take that money and pay off my mortgage. SD

To: dave rose who wrote (100641)	1/14/2009 1:01:55 PM
From: Investor2	1 Recommendation Read Replies (1) \| Respond to of 110194

If you lose the $150,000, will you still have other resources to pay off your loan and finance the rest of your retirement? If so, spend the money (wisely) or give it to charity or someone who really needs it. Think of something that you've always wanted to do (or have) and do it (or buy it). On the other hand, if losing the $150,000 would jeopardize your ability to pay off your loan and finance the rest of your retirement, then you should just repay the loan. Where else are you going to find a guaranteed rate of return of 5%? Best wishes, I2

To: dave rose who wrote (100641)	1/14/2009 2:54:19 PM
From: Killswitch	Respond to of 110194

Invest it in some solid natural gas and other pipeline companies in the MLP sector. Stuff like KMP, etc. Usually these very safe companies only yield a percentage or two over treasuries, but currently you can get yields averaging over 10%. Plus if you hold them over the long term there are some tax advantages to the income and also they will over time increase their payouts further.