Pissing it up the wall looking like a good option

[Contrarian]

You must be jesting about buying property.

Property is still a worthwhile investment in this country.

If you are about to say proberty bubble .. blah blah blah well.... they have been saying its in a bubble for 30 + years and they still have not gotten it correct like sammy and his $36 by easter prediction. The can can be kicked down the road for a very very very very long time.

At least it is an income producing assets that people NEED unlike silver.

You obviously haven't owned an investment property; I have!
For at least the first 10 years, expect to provide subsidized housing for your tenants because you will be covering the shortfall between income and expenses.
After 20 years of ownership, my current tenants are finally shouting me a weekly steak dinner after all overheads are taken out of income.
If I sell it, I will probably make 100% net profit after capital gain taxes, agent fees. et. al.
I am sure silver and gold could do much better with a lot less hassles.
Does anyone seriously think it will take 20 years for the silver spot to double?

You're obviously very bullish about silver and very ordinary at choosing investment properties.

C

 

[Ozboy]

instead of buying a iphone, do something more productive....like burn the money.

 

[Roswell Crash Survivor]

At the very fundamental level, there are only two things that can be done with money*. (*Hayek Austrian definition of 'money')

You can spend it, OR
You can save it

Spending is easy enough; exchange money for goods and services.
Saving is accumulating to facilitate spending at a future point in time.

Its a valid rational option to expend your spending power when the prospects of it diminishing makes continued accumulation a form irrational of behavior.

(There are those who call investing the third option, but its debatable since it has characteristics of both.)

 

[Ozboy]

At the very fundamental level, there are only two things that can be done with money*. (*Hayek Austrian definition of 'money')

You can spend it, OR
You can save it

Spending is easy enough; exchange money for goods and services.
Saving is accumulating to facilitate spending at a future point in time.

Its a valid rational option to expend your spending power when the prospects of it diminishing makes continued accumulation a form irrational of behavior.

(There are those who call investing the third option, but its debatable since it has characteristics of both.)

hmmmm, how would you classify investing money?

 

[bordsilver]

Investment is just another form of consumption.

 

[SpacePete]

Investment is just another form of consumption.

And consumption is just another step towards the heat death of the universe when thermodynamic equilibrium is reached and maximum entropy finally erases all trace of our brief existence.

 

[phrenzy]

Investment is just another form of consumption.

And consumption is just another step towards the heat death of the universe when thermodynamic equilibrium is reached and maximum entropy finally erases all trace of our brief existence.

this.