Linked by Howard Fosdick on Tue 8th Nov 2011 02:17 UTC
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RE[4]: Invest by paying of debt
by Darkmage on Wed 9th Nov 2011 08:48
in reply to "RE[3]: Invest by paying of debt"
ii 2012 I'd say invest in Apple, except Steve Jobs died. There are no obvious clever investments right now. There's no companies that stand head and shoulders above others, and no clear idea leaders. Without jobs there's a 50/50 chance Apple will flush itself within 8 years. Look for a CEO or team that generates a massive level of excitement around the product. Noone is awaiting with awe the next google news announcement because google has matured. Same with Facebook. Apple time will tell what happens there. Tech as an investment is pretty crappy at the moment.
RE[5]: Invest by paying of debt
by spiderman on Wed 9th Nov 2011 17:54
in reply to "RE[4]: Invest by paying of debt"
RE[4]: Invest by paying of debt
by spiderman on Wed 9th Nov 2011 21:38
in reply to "RE[3]: Invest by paying of debt"




Member since:
2011-01-28
spiderman,
"That means you rent everything. Renting is even worse financially in the long term, especially in the UK because the price of housing is going to increase forever."
Did the UK housing market cash?
My brother in law is some 60k underwater, which means if he sold his house today, he'd still owe the bank another year or two of gross income.
Don't get me wrong, I'd like to have a home of my own - but it's not in the cards until I find a much better paying job.