Got ideas? Daily Paul investment ideas. And Should we be investing together?Submitted by Treg on Wed, 02/25/2009 - 12:13
Let me start this threat to be about ideas that might work in a deflationary economy that we all believe is upon us and will last the next 2 to 10 years or more.
A) So if you have ideas, lets hear them.
B) And also, should we be pooling our capital and investing together?
C) What business model did well from 1929 thru 1951 -- during the last deflationary market?
++++++++++++ Let me expand on that+++++++++++++++++++
Knowing what we know about the economy, perhaps we should group ourselves and capital together and become an investor block. As an investor block, we could buy in quantity and cherry pick for quality.
For instance, my company (www.landtobuy.com) was just approached by some real estate house brokers to buy up a "package of houses" from Countrywide. They said it was 22 houses in all, all for $50,000, as one large purchase. Today they are sending me all the info which they claim the houses are worth $200,000 each. Interesting I thought.
All this got me to thinking, perhaps there are some like minded Ron Paul people out there who, like me, bought up lots of Gold in 2007 and have been sitting on the sidelines trying to figure out what is the next best play.
I would be interested in hearing from my fellow DP'rs as to what is the next best play.
A fellow Ron Paul friend of mine approached me the other day. Said he could get "Scooters" in from China for $400 a box "mostly assembled" he said. He is looking into selling them on Craigs list and EBay. I don't know anything about that business, but I agreed with him, that scooters where very popular in Europe at the end of WWII because gas was so high and cash so hard to come by. Maybe he is right, with 90 miles to the gallon and zipping along at 50 mph, they may become very popular for just local getting around. People may dump their second car to get money as he said, and then use the scooter to get around. I don't know and I don't know the import business or the cycle sell business. But I was so happy to listen and learn.
Another Ron Paul fan, we made 200 Ron Paul Revolution signs together, approached me over the weekend, said he wanted to do a Diamond, Gold & Silver Jewelry "Buy & Lend" business. A "pawn shop"? I asked, and he said, "sort of" without all the other stuff. He said he did not want to use the word Pawn because of all sorts of ideas about it and said he preferred the sign to say, "WE buy & WE Lend". Good idea I thought.
Let me listen and learn about your ideas to questions A) B) & C) above....
In Peace & Liberty,