Dividends as well as share value, a good property investment brings in revenue to cover investment costs and leaves you with a saleable asset in the long term. Our old place in Clontarf is rented, after mortgage fees and costs I'm lucky to make a few hundred in the year but in 14 years I'll have a retirement fund. Luckily the tenants are good so it's a happy story (renting it at under market value to encourage them to stay long term as it's probably the better option).
I was listening to Jordan Belfort(The Wolf of Wall Street) taking about bubbles over the weekend and he nailed it. As soon as your taxi driver or barber are telling you to invest in something it's time to run. That's exactly what happened here.
Early adaptors made a killing if they were smart enough to get out fast. Unless a crypto is tied to a physical asset I just don't see the value. I actually think sweatcoin as a concept holds more value than these big name cryptos.
(Hypocritcally I've actually come up with a great concept for one but need to find a very good web developer to come in with me on it).
Yeah it's not the renting I was ever looking to make money out of, it used to be the family home and I was loath to let go of a Dublin property as an investment. We're in a good position in that we can cover both mortgages for a while if needed, wouldn't recommend it otherwise as we got into it knowing it could end up being a yearly expense, especially if the tenants weren't good and we needed to appoint an agent. But it's short term pain, long term gain as there will be a day when we'll either be renting it mortgage free or selling it and taking quite a sizable lump sum for either the kids to get a head start or for a retirement investment, depending on what their plans are.Yeah even renting is getting harder to make money out of, I'm sure the govt will squeeze that for all the cash that they can!
It's getting harder and harder to make money make money though, crypto was a lucky scam for some, but even banks can't offer an interest rate these days. Land aint going anywhere!
Yeah it's not the renting I was ever looking to make money out of, it used to be the family home and I was loath to let go of a Dublin property as an investment. We're in a good position in that we can cover both mortgages for a while if needed, wouldn't recommend it otherwise as we got into it knowing it could end up being a yearly expense, especially if the tenants weren't good and we needed to appoint an agent. But it's short term pain, long term gain as there will be a day when we'll either be renting it mortgage free or selling it and taking quite a sizable lump sum for either the kids to get a head start or for a retirement investment, depending on what their plans are.
I was listening to Jordan Belfort(The Wolf of Wall Street) taking about bubbles over the weekend and he nailed it. As soon as your taxi driver or barber are telling you to invest in something it's time to run. That's exactly what happened here.
Early adaptors made a killing if they were smart enough to get out fast. Unless a crypto is tied to a physical asset I just don't see the value. I actually think sweatcoin as a concept holds more value than these big name cryptos.
(Hypocritcally I've actually come up with a great concept for one but need to find a very good web developer to come in with me on it).
The same logic states that when nobody is talking about it, that’s when it’s time to buy...
Awful quiet in here, isn’t it.
Anything trading out of Dubai should be setting alarm bells off all over the fucking place.$dig worth £10 of anyone’s money right now, company aquired by sion trading fze Dubai. Coin trading under 1 cent and backed by $1 of gold. Google Arbitrade.
$dig worth £10 of anyone’s money right now, company aquired by sion trading fze Dubai. Coin trading under 1 cent and backed by $1 of gold. Google Arbitrade.
Anything trading out of Dubai should be setting alarm bells off all over the fucking place.
Any financial tool using the word "Dubai" to suggest some kind of legitimacy needs to be treated with the disdain it deserves. It's a completely unregulated market populated largely by shysters and fraudsters. He may as well have said Nigeria for all the credibility it adds.Yeah, I followed Lee's advice and Googled Abitrade. That was some hilarious shit. The first two articles are on fake news sites. The Abritrade website had a supposed copy of a supposed court injunction preventing a reasonably well known Israeli Adviser from harassing them, looked fake as fuck... mentioned another party and a youtube video featuring this adviser that was supposedly ordered to be taken down.... what do you know, the video is still up... it's a long hilarious interview with this Financial Adviser who is having the worst day of his life as he leads everyone through what's gone on.... he backed the currency to his clients, and everyone took a bath, the bath to end all baths, now everyone thinks he's a scammer. But the truth is one google search shows he has better credentials and is more trustworthy than all of the pro-Arbitrade stuff put together. They have shills everywhere as far as I can tell. Fake websites etc. The funny bit is them being backed by Gold. Apparently when applying for a license to trade in Bermuda (!), they told everyone, repeatedly, and still do on their website, that they had 400,000kg of gold backing the currency. It was in boxes waitig to be shipped their. Honestly I've never heard so much bullshit in my life, I do find this stuff funny, but there's a serious side to it, finance and trading worldwide is the fucking wild west, so many scams, and no-one is properly protected in the least.
Yeah, I followed Lee's advice and Googled Abitrade. That was some hilarious shit. The first two articles are on fake news sites. The Abritrade website had a supposed copy of a supposed court injunction preventing a reasonably well known Israeli Adviser from harassing them, looked fake as fuck... mentioned another party and a youtube video featuring this adviser that was supposedly ordered to be taken down.... what do you know, the video is still up... it's a long hilarious interview with this Financial Adviser who is having the worst day of his life as he leads everyone through what's gone on.... he backed the currency to his clients, and everyone took a bath, the bath to end all baths, now everyone thinks he's a scammer. But the truth is one google search shows he has better credentials and is more trustworthy than all of the pro-Arbitrade stuff put together. They have shills everywhere as far as I can tell. Fake websites etc. The funny bit is them being backed by Gold. Apparently when applying for a license to trade in Bermuda (!), they told everyone, repeatedly, and still do on their website, that they had 400,000kg of gold backing the currency. It was in boxes waitig to be shipped their. Honestly I've never heard so much bullshit in my life, I do find this stuff funny, but there's a serious side to it, finance and trading worldwide is the fucking wild west, so many scams, and no-one is properly protected in the least.
I certainly wouldnt touch it. Put your money in the stock market and take the dividends is my advice.
I’ve been in since August 2017 and endured an entire bear market. It’s taught me more about investing than 10 years of this outrageously over exuberant stock market could teach me.
This Ponzi scheme is just getting started. When Bitcoin dumps from its current price back to something sensible like $4,500 to $6,000, I’ll be filling my bags up for the ride to 6 figures.
Gone from $5,000 to almost $8,000 since Saturday,they say all the hedge fund companies are buying them ,pump and dump ?
Apparently people in Venezuela have been buying Bitcoin due to the hyper inflation and their money becoming worthless.
Fidelity is getting involved in the next month or so I believe.
Has anyone ever actually sold bitcoin or similar?
I've done some research and whilst everyone is begging you to buy it, it becomes muddled and very blurry when it comes to selling....