# Where to begin investing...

**URL:** <https://forums.speedlife.net/t/where-to-begin-investing/225776>\
**Category:** NYSpeed Off Topic\
**Created:** [September 6, 2012, 6:21pm UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776 "2012-09-06T18:21:24Z")\
**Posts on this page:** 20\
**Page:** 1

<div class="post-metadata">

**Author:** ![DougFresh](https://avatars.discourse-cdn.com/v4/letter/d/eada6e/32.png) [@DougFresh](https://forums.speedlife.net/u/DougFresh)\
**Post date:** [September 6, 2012, 6:21pm UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/1 "2012-09-06T18:21:24Z")

</div>

Well, I am looking to begin investing in something. I have money set aside that is sitting in a second savings account that I do not touch and have not touched for some time.

Would like to put it to use and do more with it than a less than half a percent of return. Where are some good places to start learning about investing? Who to talk to? Best places to start an investment portfolio with?

Any help is appreciated.

:tup:

---

<div class="post-metadata">

**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [September 6, 2012, 6:32pm UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/2 "2012-09-06T18:32:06Z")

</div>

What are you looking to get into? Stocks, bonds, mutual funds, options, real estate, there are varying degrees of risk and return

---

<div class="post-metadata">

**Author:** ![LZ1](https://avatars.discourse-cdn.com/v4/letter/l/7ab992/32.png) [@LZ1](https://forums.speedlife.net/u/LZ1)\
**Post date:** [September 6, 2012, 7:10pm UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/3 "2012-09-06T19:10:29Z")

</div>

Do you already have a 401k?

---

<div class="post-metadata">

**Author:** ![misteroman](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/misteroman/32/7423_2.png) [@misteroman](https://forums.speedlife.net/u/misteroman)\
**Post date:** [September 6, 2012, 7:22pm UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/4 "2012-09-06T19:22:53Z")

</div>

real estate. Private lending with solid collateral. Silver and gold

---

<div class="post-metadata">

**Author:** ![deebo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/deebo/32/5218_2.png) [@deebo](https://forums.speedlife.net/u/deebo)\
**Post date:** [September 6, 2012, 8:04pm UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/5 "2012-09-06T20:04:55Z")

</div>

Buy honda parts.

---

<div class="post-metadata">

**Author:** ![cougarspeed](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cougarspeed/32/7468_2.png) [@cougarspeed](https://forums.speedlife.net/u/cougarspeed)\
**Post date:** [September 6, 2012, 8:26pm UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/6 "2012-09-06T20:26:21Z")

</div>

Pork bellies

---

<div class="post-metadata">

**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [September 6, 2012, 8:38pm UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/7 "2012-09-06T20:38:52Z")

</div>

> [@cougarspeed](#):
>
> Pork bellies

Solid choice. I need to convince our investment guys to start trading bacon futures.

---

<div class="post-metadata">

**Author:** ![slo\_ride](https://avatars.discourse-cdn.com/v4/letter/s/49beb7/32.png) [@slo\_ride](https://forums.speedlife.net/u/slo_ride)\
**Post date:** [September 6, 2012, 9:25pm UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/8 "2012-09-06T21:25:20Z")

</div>

check out lending club…micro lending site…depending on how much you have they have some solid results so far…but it can be risky…but you get to pick everything you invest in yourself so you have no one to blame but you.

---

<div class="post-metadata">

**Author:** ![JustinH](https://avatars.discourse-cdn.com/v4/letter/j/9fc29f/32.png) [@JustinH](https://forums.speedlife.net/u/JustinH)\
**Post date:** [September 6, 2012, 9:57pm UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/9 "2012-09-06T21:57:40Z")

</div>

> [@misteroman](#):
>
> real estate. Private lending with solid collateral. Silver and gold

I agree with you. I’ve made much more money just renting out a couple apartments than I have ever made in my 401k account. Especially in WNY you can’t go wrong.

---

<div class="post-metadata">

**Author:** ![Freek](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/freek/32/7357_2.png) [@Freek](https://forums.speedlife.net/u/Freek)\
**Post date:** [September 6, 2012, 11:48pm UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/10 "2012-09-06T23:48:44Z")

</div>

> [@misteroman](#):
>
> real estate. Private lending with solid collateral. Silver and gold

This. You can’t go wrong with either. Oh, and don’t forget about guns and ammo. Bought at the right price they will almost never lose value.

---

<div class="post-metadata">

**Author:** ![boxxa](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/boxxa/32/5045_2.png) [@boxxa](https://forums.speedlife.net/u/boxxa)\
**Post date:** [September 7, 2012, 6:18am UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/11 "2012-09-07T06:18:04Z")

</div>

Facebook

---

<div class="post-metadata">

**Author:** ![ProgRocker](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/progrocker/32/5434_2.png) [@ProgRocker](https://forums.speedlife.net/u/ProgRocker)\
**Post date:** [September 7, 2012, 6:21am UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/12 "2012-09-07T06:21:03Z")

</div>

![http://tetoros-lair.com/wp-content/uploads/2012/02/facebook_like_button_big-300x133.jpg](http://tetoros-lair.com/wp-content/uploads/2012/02/facebook_like_button_big-300x133.jpg)

---

<div class="post-metadata">

**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [September 7, 2012, 6:27am UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/13 "2012-09-07T06:27:09Z")

</div>

> [@ProgRocker](#):
>

ROFL

---

<div class="post-metadata">

**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\
**Post date:** [September 7, 2012, 6:41am UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/14 "2012-09-07T06:41:16Z")

</div>

LSx motors

---

<div class="post-metadata">

**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\
**Post date:** [September 7, 2012, 6:43am UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/15 "2012-09-07T06:43:57Z")

</div>

High mileage luxury vehicles

---

<div class="post-metadata">

**Author:** ![97FormulaWS-6](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/97formulaws-6/32/7384_2.png) [@97FormulaWS-6](https://forums.speedlife.net/u/97FormulaWS-6)\
**Post date:** [September 7, 2012, 6:47am UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/16 "2012-09-07T06:47:26Z")

</div>

Right now; Property. The market is super low, renters are at an all time high, and if you are handy and can handle the repairs, then it’s a great time to get in.

More stable, better returns, less risk than “normal” investing.

---

<div class="post-metadata">

**Author:** ![llink78](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/llink78/32/8037_2.png) [@llink78](https://forums.speedlife.net/u/llink78)\
**Post date:** [September 7, 2012, 6:58am UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/17 "2012-09-07T06:58:50Z")

</div>

> [@Freek](#):
>
> This. You can’t go wrong with either. Oh, and don’t forget about guns and ammo. Bought at the right price they will almost never lose value.

guns and silver 🙂 just picked up a M1 Carbine Underwood

---

<div class="post-metadata">

**Author:** ![TradersBASE](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tradersbase/32/5321_2.png) [@TradersBASE](https://forums.speedlife.net/u/TradersBASE)\
**Post date:** [September 7, 2012, 7:04am UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/18 "2012-09-07T07:04:46Z")

</div>

The downside to property is the market is illiquid and property taxes can go up at the administrations whim. You could get shitty tenants as well, but you have some control over this unlike the first 2 points. That said, if you’re looking long term I don’t see much better than income property out there. It’s tangible, plus many people are hurting credit wise and cannot buy so they must rent.

Notice how he was suggesting anything that is TANGIBLE or collateralized. There’s a reason I admire this guy.

> [@misteroman](#):
>
> real estate. Private lending with solid collateral. Silver and gold

---------- Post added at 10:04 AM ---------- Previous post was at 10:01 AM ----------

> [@llink78](#):
>
> guns and silver 🙂 just picked up a M1 Carbine Underwood

Guns & ammo go without saying as far as I’m concerned. 🙂

---

<div class="post-metadata">

**Author:** ![misteroman](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/misteroman/32/7423_2.png) [@misteroman](https://forums.speedlife.net/u/misteroman)\
**Post date:** [September 7, 2012, 7:32am UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/19 "2012-09-07T07:32:49Z")

</div>

I agree with the Ammo as well. Trying to find a deal on some 223. and not talking about a few hundred rounds either.  
Real estate done at least anywhere remotely successfully will pay you back more then 95% of everything else on average.  
There is no way done right that a guy making $50K a yr cant be retired in 10-15 yrs 99% of the time. I dont mean sitting on a beach in florida retired, I mean not punching a clock daily. You are driving a 5+ yr old small truck and you’re clipping coupons and probably working 60-70 hrs a week but it will be worth it soon enough

---

<div class="post-metadata">

**Author:** ![Jimshorts](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jimshorts/32/5915_2.png) [@Jimshorts](https://forums.speedlife.net/u/Jimshorts)\
**Post date:** [September 7, 2012, 7:53am UTC](https://forums.speedlife.net/t/where-to-begin-investing/225776/20 "2012-09-07T07:53:11Z")

</div>

Drop your money in the TLT and you’ll have some great returns in a few years.

[Next page](https://forums.speedlife.net/t/where-to-begin-investing/225776.md?page=2)
