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What is the best investment you ever made? #4758583
05/16/18 09:21 AM
05/16/18 09:21 AM
Joined: Mar 2008
Posts: 6,014
Michigan
ZZman Offline OP
ZZman  Offline OP
Joined: Mar 2008
Posts: 6,014
Michigan
Let's not include education or our spouses.

I am talking things like a house, art work, stocks etc....

For me it was a job with a pension. I was average middle class when working but have a nice pension and SS to live on.

My house hasn't appreciated that much, no art work here, no stocks that skyrocketed etc.

Re: What is the best investment you ever made? [Re: ZZman] #4758597
05/16/18 09:38 AM
05/16/18 09:38 AM
Joined: Oct 2012
Posts: 2,181
Northern Ontario, Canada
Danno Offline
Danno  Offline
Joined: Oct 2012
Posts: 2,181
Northern Ontario, Canada
Bought a house in 1986 for 142k, sold it 5 years later for 200k.
Started a job in the 80s with a defined pension plan. Ready to retire soon on that plan.
Didn't sell my stocks during dotcom bust of 2000, or the bust in 2008-9.


2016 Sorento SX V6 AWD
2015 KIA RIO SX
2010 Mazda 3 2.0L
2009 Venza V6 AWD
2013 Sonata 2.4L RIP in write-off crash
Re: What is the best investment you ever made? [Re: ZZman] #4758600
05/16/18 09:41 AM
05/16/18 09:41 AM
Joined: May 2018
Posts: 1,150
Tri State Conservative
Zee09 Offline
Zee09  Offline
Joined: May 2018
Posts: 1,150
Tri State Conservative
Back in the day I bought a bunch of Ford stock for $2 a share
That was back when things were really bad in the auto industry.

Next would be Florida land- I bought a parcel of land that was the front entrance
of a development and after 17 months I sold it for 2.5 x what I paid for it- no fees either.
Here I got lucky- as when I bought that land it was for sale for 11 years-no takers. it was so nice,
and so cheap after I researched it, I was still afraid to buy it.
I regret the sale as I didn't want to sell it but the HOA kept bothering me and upping the price.


"If I walked on water, they'd say I couldn't swim."
Re: What is the best investment you ever made? [Re: ZZman] #4758601
05/16/18 09:43 AM
05/16/18 09:43 AM
Joined: Jul 2015
Posts: 3,891
New England
madRiver Offline
madRiver  Offline
Joined: Jul 2015
Posts: 3,891
New England
First home in early 20's purchased for $100k with 3% down and sold 6 years later for $250k in 2002. I invested all of $3000 into home in renovations and upgrades.

Not an investment but accident/luck, a year before a stock market crash/correction I was laid off and my $100k 401k was thrown into a IRA with Money market. I ignored money until the stock market got trashed and then placed back into investments.

Re: What is the best investment you ever made? [Re: ZZman] #4758603
05/16/18 09:45 AM
05/16/18 09:45 AM
Joined: Dec 2010
Posts: 1,451
Washington State (East)
Blaze Offline
Blaze  Offline
Joined: Dec 2010
Posts: 1,451
Washington State (East)
Amazon stock.

Re: What is the best investment you ever made? [Re: ZZman] #4758614
05/16/18 09:56 AM
05/16/18 09:56 AM
Joined: Mar 2008
Posts: 5,878
South Florida
bubbatime Offline
bubbatime  Offline
Joined: Mar 2008
Posts: 5,878
South Florida
Ten years ago I bought several Zimbabwe One Hundred Trillion dollars bill, after it was demonetized. They were selling for $3 a piece as a cool memento. I even gave several of them away to waitresses as a fun gift with the tip.

Today, they sell for $120-$140 EACH. Best investment I ever made. Its worth 40 times more than I purchased it for, in only 10 short years. Had I known, I would have bought thousands of them and been a millionaire.

https://www.ebay.com/bhp/zimbabwe-100-trillion



17 Chrysler Pacifica Mobil 1 5W30
13 Yamaha XT250 Valv MC 10W40
12 Suzuki S40 Rotella 15W40
10 Acura TSX 2.4 PZL Plat 5W30
06 GMC Sierra Nextgen 10W30


Re: What is the best investment you ever made? [Re: ZZman] #4758623
05/16/18 10:04 AM
05/16/18 10:04 AM
Joined: Jul 2005
Posts: 9,155
Maricopa, AZ
dave1251 Offline
dave1251  Offline
Joined: Jul 2005
Posts: 9,155
Maricopa, AZ
House. It has appreciated about 180% in 9 years.


make the inside of your engine oil cap white.
don't use.
Re: What is the best investment you ever made? [Re: ZZman] #4758624
05/16/18 10:05 AM
05/16/18 10:05 AM
Joined: Oct 2009
Posts: 3,353
Wet side WA
JohnnyJohnson Offline
JohnnyJohnson  Offline
Joined: Oct 2009
Posts: 3,353
Wet side WA
My 401K and my ROTH IRA!


2004 Corolla 125425
Out: VML 5w-30 TG4967 OCI 5007 Miles
In: EDGE EP 5W-30 Bosch 3311 122537 7-18-18
2006 Duramax 74277
Out: T6 5W-40 M1-303
In: T6 5W-40 XG9100 74705 4-22-18
Re: What is the best investment you ever made? [Re: ZZman] #4758628
05/16/18 10:08 AM
05/16/18 10:08 AM
Joined: Nov 2008
Posts: 12,682
NH
supton Offline
supton  Offline
Joined: Nov 2008
Posts: 12,682
NH
Found a PRC-77 military radio for $10 at a yardsale, sold for I think $150 when I got tired of having it (and that was way under market price at the time).

Bought a popup camper that wouldn't open for $275. Fixed it for $20, threw on $150 of HF wheels, got a couple trips out of it. Sold for $500.

Everything else has been a net drain. Some good deals, but not sold for a profit.


2011 Toyota Camry, base, 2.5L/6MT, 169k, hers
2010 Toyota Tundra DC, 4.6L/6AT, 144k, ours
1999 Toyota Camry LE, 2.2L/4AT, 192k, his
Re: What is the best investment you ever made? [Re: ZZman] #4758635
05/16/18 10:17 AM
05/16/18 10:17 AM
Joined: Jan 2010
Posts: 517
Los Gatos, CA
JeffKeryk Offline
JeffKeryk  Offline
Joined: Jan 2010
Posts: 517
Los Gatos, CA
I have a house in Los Gatos, CA (Silicon Valley). Paid $330K in 1995 I believe.
Today $2.5M; would sell in 3 days.
Expected to go up 20% in the next year.

Re: What is the best investment you ever made? [Re: ZZman] #4758646
05/16/18 10:29 AM
05/16/18 10:29 AM
Joined: May 2011
Posts: 1,040
Greenville, SC via Chicago, IL
dja4260 Offline
dja4260  Offline
Joined: May 2011
Posts: 1,040
Greenville, SC via Chicago, IL
Bought a house for 81k, flipped it for $135k. Bought another house for $225k. Flipped it for $451k two years later. Took the 180k profit from the second sale and bought a house for almost cash, and paid off all our student loans/debt @ age 33.

Because of our hard work, we can afford for my wife to stay home and raise our daughter.

I also just got a significant raise/promotion to Assistant Principal at a new Middle School!

As I tell my students, your hard work will pay off.


2013 Hyundai Elantra Gt Hatch 6 spd
2005 Toyota Highlander V6
1997 HD Sportster
Re: What is the best investment you ever made? [Re: JeffKeryk] #4758651
05/16/18 10:32 AM
05/16/18 10:32 AM
Joined: Mar 2008
Posts: 5,878
South Florida
bubbatime Offline
bubbatime  Offline
Joined: Mar 2008
Posts: 5,878
South Florida
Originally Posted By: JeffKeryk
I have a house in Los Gatos, CA (Silicon Valley). Paid $330K in 1995 I believe.
Today $2.5M; would sell in 3 days.
Expected to go up 20% in the next year.


2.5 to 3 million would get you an absolutely beautiful brand new mansion around here... like 15K square feet on 10 acres. And no state income tax. I'd sell that house and MOVE! Or a new 8K square foot house on the ocean with a million dollar view.


17 Chrysler Pacifica Mobil 1 5W30
13 Yamaha XT250 Valv MC 10W40
12 Suzuki S40 Rotella 15W40
10 Acura TSX 2.4 PZL Plat 5W30
06 GMC Sierra Nextgen 10W30


Re: What is the best investment you ever made? [Re: ZZman] #4758655
05/16/18 10:39 AM
05/16/18 10:39 AM
Joined: Sep 2008
Posts: 9,216
Ontario, Canada
IndyIan Offline
IndyIan  Offline
Joined: Sep 2008
Posts: 9,216
Ontario, Canada
In early 2009 I put all the cash I had into some mutual funds, so that modest sum is now quite a few modest sums!
Buying our land in the early 2000's was a good idea too, 100 acres for the price of a fancy pickup truck, less than one hour out of the GTA! Problem is that if you don't want to move, you can't cash out. Should've bought more farm land or houses at the time. We have a good severance section but we will keep that until the kids are done college and see one of them wants it.


07 Focus ZXW, 5spd manual, 218km M1 5W30
18 Outback 2.5 CVT 15km 0W20
Re: What is the best investment you ever made? [Re: ZZman] #4758699
05/16/18 11:24 AM
05/16/18 11:24 AM
Joined: Jun 2014
Posts: 2,567
Phoenix, Arizona - USA
SirTanon Offline
SirTanon  Offline
Joined: Jun 2014
Posts: 2,567
Phoenix, Arizona - USA
Many years ago, I bought a ton of stock in a pharma company whose primary wonder drug trials had failed miserably, after I heard there was a possibility they might go into a 'reverse merger' with a medical records company. I bought a pile of stock at $0.02 per share.

About 3 months later, the reverse merger went through and the stock started going up. About 2 months after that, I was able to sell my shares for $0.36 per share.

About 2 months after that, I was back down around $0.16 so I bought more stock, and sold it about 2 months later for $0.32.

Tidy little profit.


2010 Ford Fusion SE - 2.5 liter/6F35 Trans - 263,000mi
2014 Nissan Altima SL - 2.5 liter/CVT - 58,000mi
Re: What is the best investment you ever made? [Re: ZZman] #4758705
05/16/18 11:28 AM
05/16/18 11:28 AM
Joined: May 2002
Posts: 20,919
Oakville, Ontario
Patman Offline
Patman  Offline
Joined: May 2002
Posts: 20,919
Oakville, Ontario
It's definitely the brand new house my wife and I bought in March 2016, which we'll finally be moving into on August 10th. When we bought it, the real estate market had not really taken off just yet here in Ontario, and so we paid $1,059,000 for a 2800 square foot detached house (with a double car garage) At the time our current home was worth about $750,000. Fast forward to now, and our current house is listed on the market for $1,038,000 (and we'll get very close to that) The home we're moving into has already gone up in value by $300,000 (even with the downturn in the Ontario real estate market) and once the market recovers it should go up in value another $300 to $500,000 by the year 2022 (when we retire) The builder of this home is confident enough in it's value that if you buy the exact same model from them now (in our same community) the new price of our home is $1,850,000! (that's what they project it's value to be in 2020 when that phase is completed)

It's this house purchase which is going to allow my wife and I to take early retirement at age 52 (in 2022). Homes near Toronto sell for a lot more than homes in the Niagara region, which is where we are planning on downsizing to. We'll buy a home there for a 1/4 of the price that we sell our Oakville home for.

Timing is everything though. Anyone trying to do the same thing as us now won't have the same luck. Even though we made this purchase mostly as a future investment (since we could easily have stayed in our current house for many years), we really had no idea in March 2016 just how valuable of a purchase this would end up being for us.


2018 Corvette (M1 ESP Formula 5w30 & NAPA Gold)
2006 Civic EX Coupe (PUP 5w20 & Fram Ultra)
2010 BMW 328i X-Drive (GC 0w40 & Fram Ultra)

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