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Post by Deleted on Jan 25, 2022 10:14:01 GMT 12
What ya doing? Housing peaked return = ? Deposit rates low = maybe 3 % soon. Shares = beyond my pay scale!?. Crypto = WTF? Buying and selling stuff = Maybe? Stealing the gangs cash = ✓ looking good at this stage huge return for a bit if time, patience, and excitement Option X = What is the best option for say a 5 years investment?
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Post by jim on Jan 25, 2022 11:39:45 GMT 12
Jeez thats a tricky one... esp with the unknowns circling around at the moment. I know some guys who have jumped into the carbon (farming? wtf) game a year or two back and are presently rolling about with glee. i don't agree with the principle of it but many do and they are paying top dollar for land to plant perpetual pines. Some are very nervous the rules will have to change as the income recieved per hectare is bordering on obscene and at some point James D Shaw will realise its not sustainable . Land used to be a safe medium term thing and still could be - i see the deep dark corners of the west coast have jumped up massively in the last couple of years, likely the Bolt-hole factor at play. maybe selling up and moving to south america would be the best return at the moment. watching this with interest ...
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Post by Deleted on Jan 25, 2022 11:58:07 GMT 12
Jeez thats a tricky one... esp with the unknowns circling around at the moment. I know some guys who have jumped into the carbon (farming? wtf) game a year or two back and are presently rolling about with glee. i don't agree with the principle of it but many do and they are paying top dollar for land to plant perpetual pines. Some are very nervous the rules will have to change as the income recieved per hectare is bordering on obscene and at some point James D Shaw will realise its not sustainable . Land used to be a safe medium term thing and still could be - i see the deep dark corners of the west coast have jumped up massively in the last couple of years, likely the Bolt-hole factor at play. maybe selling up and moving to south america would be the best return at the moment. watching this with interest ... thanks Jim... yeah, I'm the same as you with regard to green farming using shitty pines. I am keen to leave Jacindaland permanently but have to have a property and cash here inorder to maintain the super payments when I retire (Here for 1/2 the year).... Although having said that I am looking hard at Greece, Malta, and other countries we have reciprocal super agreements with. Selling up and moving to a cheap,warm , coastal place is the Key. Jacindaland is about to get expensive, devisive, and ugly real quickly I think 🤔.
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Post by jim on Feb 2, 2022 9:46:36 GMT 12
Ah I've cracked it!. Get into the courier business because you can take over a week to get a small package from Tauranga to Whakatane ... and you can charge a kings ransom for your troubles.
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Post by Fogg on Feb 2, 2022 13:58:04 GMT 12
Worldwide trend seems to be moving cash into solid assets eg property and boats. Hence the shortages and waiting lists.
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Post by Deleted on Feb 2, 2022 14:34:41 GMT 12
Worldwide trend seems to be moving cash into solid assets eg property and boats. Hence the shortages and waiting lists. property makes sense but we've all seen wgt happens to boats when the interest dies.... Cheap boats in N Z prior to Covid... Some sat in the market for years at low prices .... The Greek islands ( due to cheap storage) was a wasteland of broken dreams/ a buyer's heaven.
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