/biz/ - Business & Finance

bought a bunch of blue chip stocks yesterday, sold almost all of it today for 1% gain

platinum

every car maker is bringing in hybrid and fuel cell vehicles

hybrids need platinum, and almost every type of fuel cell uses platinum

platinum is also one of the rarest materials. there are very few platinum mines and very little mined platinum currently

platinum is gonna explode in the next 20 years, you heard it here first, folks

if your rent income is more than mortgage + cost of repairs + cost of management company + cost of vacancy (count on 30%), then youre basically getting free money forever

the issue is how much you put down (your initial investment), so you have to find undervalued properties and see if you can get away with a much lower downpayment

so the longer it takes for your net income to pay back your initial investment, the lower your roi is.

using a management company is crucial, because like kiyosaki says, if you manage your company/property/whatever, youre just another employee