Investing for beginners

[kenmac]

Invest in something REAL - land, gold, silver, livestock, equipment, etc. If you want to invest in communist China then go ahead and invest your money in stocks or something like that.

I'm not only invested in the market, I'm also invested in land, livestock, equipment, and private equities. and a little gold.... I think I've got it all covered !
I'm going to invest in china because they own several companies here.
I most likely own stock in the Chinese company that built the device you're posting with ..

 

[Oaktree]

Or you could just buy Tesla stock! LOL

Tesla is still ridiculously over-valued right now. It's not if it's going to continue to decline, it's by how much.
Maybe a buying opportunity when it reaches a realistic valuation.

 

[Oaktree]

Invest in something REAL - land, gold, silver, livestock, equipment, etc.

None of which are liquid, and all subject to price swings. As someone else mentioned, precious metals aren't a very good investment, land is going for ridiculously high prices right now, livestock markets are volatile. Not sure how equipment is an "investment", most of it depreciates over time.

 

[Fuddy1952]

None of which are liquid, and all subject to price swings. As someone else mentioned, precious metals aren't a very good investment, land is going for ridiculously high prices right now, livestock markets are volatile. Not sure how equipment is an "investment", most of it depreciates over time.

Very true. I have to laugh...my Dad (rip) years ago was filling out a financial assessment form. He said "I can see me now taking my sofa to the grocery store".

 

[Doughknob]

Tesla is still ridiculously over-valued right now. It's not if it's going to continue to decline, it's by how much.
Maybe a buying opportunity when it reaches a realistic valuation.

None of which are liquid, and all subject to price swings. As someone else mentioned, precious metals aren't a very good investment, land is going for ridiculously high prices right now, livestock markets are volatile. Not sure how equipment is an "investment", most of it depreciates over time.

do u like any investment?

 

[kenmac]

Not sure how equipment is an "investment", most of it depreciates over time.

Normally that would be true. But Not right now. My local dealer says If I want to sell my tractors, he'll give me more for my two than I paid for them

 

[Fuddy1952]

Very true: but just for fun a 1953 (first year) Corvette new cost $3,500. Today it's worth more...a lot more...about $120,000 if you can find one.
Assuming you bought one new, keeping it in pristine condition all these years. You'd still have maintenance to do, insurance, etc. You'd have to store it. So from $3,500 to $120K...quite an impressive appreciation assuming nothing major happened to it (fire, theft, accident).
But then again:
S&P 500: $3500 in 1953 → $5,075,514.42 in 2022

Now I await my evisceration, although Oaktree is correct with what he said. MOST
equipment depreciates over time.
Fine art, certain antiques, selling at the right place/time can appreciate.
Original post topic was "Investment for beginners".

 

[kenmac]

Diversification would be a part of a beginners plan.
How you decide to diversify is up to you. Equipment, rabbits, dogs, horses, etc,.

 

[JasperFrank]

Plastics

 

[BnRidge]

Put some money in an growth or index fund and leave it alone. I have some, started in 1969, still there, all interest reinvested - put that into a future worth calculator.