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Financial People, Halp

Sounds good. I don't know a ton about ranching, but farming is my thing. Just lemme know, I'd love to be of some help. Just know that not all ground is suitable for those things.
 
Howard said:
Depending on the areas, yes.
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For example, we looked at a farm that had access to river water but was on a plateau of some sorts. So when you figured out the incline, you'd need 70 pounds of pressure at the river just to get it to where you were, (where it would be at 0 pounds of pressure). That equates to a high pumping cost. Little things like that matter.
 
Dr. Jones said:
That's a long answer. Here's the gist;

Example: let's say you think Apple is going to increase in price from a current $40 per share to $60 per share. You can purchase an option to buy the stock at the current price and pay an option fee rather than buying the whole $40 amount up front. Say, $4/share.

So let's say you have $10k in your retirement, you could take $1k and buy a call option of 250 shares of Apple. The stock rises to $60 as expected and you strike. You now buy/sell at $40/$60 and you now have increased your position from $10k to $15k and no taxes paid on the gains.

Here is how I do it, though.

Using same example. Instead of buying a call option on 250 shares, I will buy it for 2500 shares... even though I don't have enough money to buy the stocks when I strike. The stock raises to $60. Now my option is "worth" $20 x 2500 or a profit of $50k. I then sell my option for $40k and let some other person or firm make an immediate and easy $10k.

So I made a fast $40k.

Now, I actually don't play the market. Real estate is my thing.
So I find a deal on real estate, buy an option to purchase it, and then find another buyer that will pay me a nice profit to purchase my option.

Real example: I bought an option on a ranch for $5k. I then found a buyer that was willing to pay $1m more for the ranch than what I had negotiated. I sell him my option for $500,000. He gets a deal, I get a profit of $495,000 that is not taxed because it was profit earned from money in my IRA.
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I remember you explaining this in a different thread, but it made way more sense to me this time.
 
nightmare3983 said:
I remember you explaining this in a different thread, but it made way more sense to me this time.
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It's all greek to me. I am very interested in investing for future/retirement, but I don't know crap about any of it. So my little bit of money sits in a savings account/cd earning virtually nothing.
 
bigb said:
It's all greek to me. I am very interested in investing for future/retirement, but I don't know crap about any of it. So my little bit of money sits in a savings account/cd earning virtually nothing.
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If you ever want to throw in on one of mine let me know.
I earn low end 12% and average 26%.

And I have NEVER lost money on a deal, ever.
 
bigb said:
It's all greek to me. I am very interested in investing for future/retirement, but I don't know crap about any of it. So my little bit of money sits in a savings account/cd earning virtually nothing.
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Peeks can correct me if he feels otherwise but put that **** in a money market at least which should urn much, MUCH better interest and is essentially liquid. I'd do that and put some in mutual funds as well.
 
Howard said:
I'm trying to slowly plan for retirement. I was thinking of putting some money each year into a mutual or index fund, and then just using that as my retirement fund since savings accounts are practically useless. Not sure what the penalty rate is for taking it out though, and do I get taxed at the full amount on it? Am I better off putting it in a 401? Or maybe putting it in a 401 for a while, and then taking some of that out and putting it in a mutual fund?

Any other ideas/suggestions? Thanks in advance.
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vote bernie! free college, free retirment money.
and dont save for tomorow.

socialism will take care of us all!
 
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