investment ideas

[NemesisX]

Here's a quirky investment idea - parking lots. I don't have the faintest clue on the topic but I'm always a little envious of parking lot owners when I'm going downtown for dinner and I'm forced to pay $10 to park in a space for maybe an hour and a half (although technically $10 gets me 24 hour parking; I'm just forced to buy parking in 24 hour increments).

Anyone know anything about this business? It seems like parking lots would require low recurring capital and labor costs, but I honestly don't know.

Here's just something I found doing a simple google search -

http://www.caseparking.com/case_roi.html

[Lurcher]

Originally Posted by roastbeef

what cities in texas?

i ended up scrapping the seattle idea, federal way is too close to tacoma and tacoma is a tweakerville shithole.

I live in Plano TX, ~26 miles due north of downtown Dallas. The towns around me have been the fastest growing in the nation over the past 5 years, and there are plenty of <$100k homes available. Even refubing the worst of these is a $30K job - so not bad at all. Rents are decent - as the urban sprawl is still allowing $125k homes to be built - but now are 40 miles out.

Got a buddy that does land developing - he is now buying an additional 30 miles away (North) as land is going nuts too.

[RandomHero]

Originally Posted by FifthStreetz

Being in the financial/stock industry for some time, best investment tip i can give you guys is look and follow oil/energy companies.

Originally Posted by FifthStreetz

What we have here is a once in a decade opportunity. Companies like HAL, Chevron, and a few other energy companies are at all time lows. Also check out ETFs like USO.

Originally Posted by FifthStreetz

Remember its all about timing, im not saying to go crazy and buy everything now, but do your research and mark your spot, hold and wait. 2015 will be a very interesting and profitable year.

Originally Posted by FifthStreetz

Im going to buy low and hold

Originally Posted by FifthStreetz

Buy and hold, after these event passes there wont be another opportunity to buy these companies at these low prices again for some time.

Originally Posted by FifthStreetz

From the analysts and advisors I spoke to yesterday.

I enjoy your posts (particularly the quotes above). Please keep them up.

Thanks for the laugh.

[MrPrena]

Originally Posted by RandomHero

I enjoy your posts (particularly the quotes above). Please keep them up.

Thanks for the laugh.

+1

These 2 quotes was particularly funny.

Being in the financial/stock industry for some time

From the analysts and advisors I spoke to yesterday.

[nusevad]

Originally Posted by RandomHero

I enjoy your posts (particularly the quotes above). Please keep them up.

Thanks for the laugh.

I enjoy your attempt to undermine an investment idea that I believe in and my credibility.
If you are curious, i had been a FA for 4 years and current a mutual fund wholesaler for the last 3. If you are familiar with what i do, you'd understand that i do speak and have conversations with financial advisors on a daily basis and if needed, my firm's analysts.

Take my advice however you want, but with some reading, speaking with the right people and experience from previous market crisis, this situation is a no brainer. Ill keep making more money while giving you lulz

[kevinbahnz]

Finance a Laser tattoo removing machine and become a "Aesthetician". $395 per session and usually it takes anywhere from 5-10+ sessions.

[RandomHero]

Originally Posted by FifthStreetz

Take my advice however you want

Now you have me rolling.

I suggest you Google "Rule 2210."

That may help you understand why I'm laughing.

[MrPrena]

Originally Posted by RandomHero

Now you have me rolling.

I suggest you Google "Rule 2210."

That may help you understand why I'm laughing.

Maybe it was just water cooler ANALyst and fund managers talking about their personal acct. If then, FINRA/NASD does not apply.
Now, if firm XYZ had an internal meeting with all the fund mgrs and analysts regarding some type of fund allocation, it would apply.

Who knows.


ETA: those recommendation on petro industries and oil was so middle school common sense that, it isn't even an advice. Now, if they tell me when they are going to cover/long/short at which certain price at which certain time, it would be very interesting.

[dtwyim]

Buy stainless steel rolex Daytona, sea dweller Deepsea (blue dial), keep all stickers on (not wearing it, of course), and hold for 20-30 years.

[RandomHero]

Originally Posted by MrPrena

Maybe it was just water cooler ANALyst and fund managers talking about their personal acct. If then, FINRA/NASD does not apply.
Now, if firm XYZ had an internal meeting with all the fund mgrs and analysts regarding some type of fund allocation, it would apply.

Who knows.


ETA: those recommendation on petro industries and oil was so middle school common sense that, it isn't even an advice. Now, if they tell me when they are going to cover/long/short at which certain price at which certain time, it would be very interesting.

I agree. If it were serious, I would have sent him a private message out of respect.

In my opinion, it's not worth putting my career in jeopardy over a hilarious online discussion thread. That's why I just sit back and laugh.

[Mr. Liu]

Yo I'm still laughing at N55's comments.

I got a better alternative to "day-trading".

SELL THETA.

Sell weekly index puts 10% out - collect PREMIUM. 5-6% a year CONSISTENT..... for now....

[Unison8]

Originally Posted by NemesisX

Here's a quirky investment idea - parking lots. I don't have the faintest clue on the topic but I'm always a little envious of parking lot owners when I'm going downtown for dinner and I'm forced to pay $10 to park in a space for maybe an hour and a half (although technically $10 gets me 24 hour parking; I'm just forced to buy parking in 24 hour increments).

Anyone know anything about this business? It seems like parking lots would require low recurring capital and labor costs, but I honestly don't know.

Here's just something I found doing a simple google search -

http://www.caseparking.com/case_roi.html

I'm interested in this as well, I wonder what the general capital that is needed in this venture.

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by FifthStreetz

I enjoy your attempt to undermine an investment idea that I believe in and my credibility.
If you are curious, i had been a FA for 4 years and current a mutual fund wholesaler for the last 3. If you are familiar with what i do, you'd understand that i do speak and have conversations with financial advisors on a daily basis and if needed, my firm's analysts.

Take my advice however you want, but with some reading, speaking with the right people and experience from previous market crisis, this situation is a no brainer. Ill keep making more money while giving you lulz

You are a sales person. You sell people what is trendy. Financial advisors and wholesalers don't know squat. They push product, not come up with ideas. When trade ideas are in the news they are already old.

I hate when people who don't live and die by their investment ideas talk about their great ideas and credibility just because they work in finance. Maybe I am a snob, but people on the buyside have to live with their decisions/analysis and face their clients when they fuck up (i.e. lose money).

[nusevad]

Originally Posted by nnnnnnnnnnnnnnnnnnnnnn

You are a sales person. You sell people what is trendy. Financial advisors and wholesalers don't know squat. They push product, not come up with ideas. When trade ideas are in the news they are already old.

I hate when people who don't live and die by their investment ideas talk about their great ideas and credibility just because they work in finance. Maybe I am a snob, but people on the buyside have to live with their decisions/analysis and face their clients when they fuck up (i.e. lose money).

Yes you are right, it is all sales, but at least you would need to know current events and the relevant issues going on in current markets, then digest and explain to clients. You be surprised how ignorant some clients might be when it comes to these things, i.e. explaining the difference between equities, fixed income and mutual funds. Not everyone is as savvy as you or Mrprena.

As for sharing ideas, although OP might not want to invest a ton in stocks someone else reading this thread might. Perhaps that someone does not have a whole lot of knowledge of the market or related current events, so a basic "middle school" idea like this could apply. Regardless if the idea is old or new, an idea that can potentially give a good return is worth looking into. The position im building in HAL has been up 5% since Tuesday, its a small position that i intend to grow as this plays out and it could go down 5% tomorrow but based on my research I feel it is a acceptable time to start. Maybe the Saudis will cut their production tomorrow, who knows, but if they do at least I got in at the right time, if they dont, these stocks will keep going down and ill re-evaluate another entry point as I add to it.

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by FifthStreetz

Yes you are right, it is all sales, but at least you would need to know current events and the relevant issues going on in current markets, then digest and explain to clients. You be surprised how ignorant some clients might be when it comes to these things, i.e. explaining the difference between equities, fixed income and mutual funds. Not everyone is as savvy as you or Mrprena.

As for sharing ideas, although OP might not want to invest a ton in stocks someone else reading this thread might. Perhaps that someone does not have a whole lot of knowledge of the market or related current events, so a basic "middle school" idea like this could apply. Regardless if the idea is old or new, an idea that can potentially give a good return is worth looking into. The position im building in HAL has been up 5% since Tuesday, its a small position that i intend to grow as this plays out and it could go down 5% tomorrow but based on my research I feel it is a acceptable time to start. Maybe the Saudis will cut their production tomorrow, who knows, but if they do at least I got in at the right time, if they dont, these stocks will keep going down and ill re-evaluate another entry point as I add to it.

But you don't have to face the consequences when you are wrong. So talking about how savvy or how knowledgeable/credible you are because you work in finance implies a superior understanding. People could lose real money listening to you merely by taking what you say at face value.

[nusevad]

Originally Posted by nnnnnnnnnnnnnnnnnnnnnn

But you don't have to face the consequences when you are wrong. So talking about how savvy or how knowledgeable/credible you are because you work in finance implies a superior understanding. People could lose real money listening to you merely by taking what you say at face value.

That is true that we are directly not affected when a client loses money. However it is ultimately up to the client to decide whether or not they will invest.

If you read my posts, i never told anyone to go out and buy, i said what I plan to do , expressed my thoughts on the current situation from what I have read/heard, and to do your own watching/research. There is a clear difference from twisting a clients arm hardselling to buy and expressing an opinion.

Every one of my previous clients I have maintained and informed that any investment decision is not guaranteed and I tried my best to explain why or why not they should invest in xyz, and I always recommend they do their own due diligence. Did they all make money? No, but a great majority did.

Ive seen advisors that i worked with go to arbitration due to unsuitable investment ideas, churning, etc and had their licenses revoked or suspended. That is one thing you do not want to mess around with because it essentially means the end of your career, and IMO its not worth jeopardizing your professional future with.

[MrPrena]

I don't get the "just sales" side. I was not in the sales side, but when I was in the financial sector, one of the guy I learned from was a "trader" for a firm.

I am not defending FifthStreetz, but being an adviser is just part of 15 processes to get into upper-middle management. Getting into adviser first might be slower than most common financial people take a path, but Ive seen it done.
Retail side and consumer banking is one of the most important side of "mega-banking" side of financial industries after Sandy Weill changed the definition of financial industries around late 90s. Look at Citi, JPM, MS, BAC-Merrill, etc etc^5.

I don't know about the pea-on level financial employees, but middle level management who are about to get into upper level gets shuffled around a lot to groom them. Sales, RIA, Analysts, compliance, or even mutual fund manager or not, they need to learn the entire sector.

Speaking of that, I might have to apply for a teller position.

[nusevad]

Originally Posted by MrPrena

Speaking of that, I might have to apply for a teller position.

lol, teller is dead end. Have you check out private bankers? Ive seen PB transition to FA roles after a year, but the way i saw it was that it is just a sales training role to get people lacking sales skills to learn the ropes.

Originally Posted by RandomHero

I suggest you Google "Rule 2210."

That may help you understand why I'm laughing.

Being a s24 licensed principal Im well aware and if you read my post, I expressed what I am going to do and said to look at/follow/and readup on whats been going on as right now is an interesting time. There was no direct attempt of solicitation of purchase to any individual forum member, nor was there non-public information given. All the info i have heard and gathered is public and I can freely discuss and share my opinion and thoughts on the due diligence I have done

Anyways...this thread has gone way OT, im not an investment expert nor did I proclaim to be one, I expressed my interest about the current market situation and shared my thoughts of what I believe is a good investment opportunity.
Now lets get back on track and hear what other ideas other members have for OP

[MrPrena]

I've heard that tellers are stressful job too.
They need to cross sell non-licensed products (mortgage referral, CD, open savings etc).

I am not Register Investment adviser, but I've hard that Wells Fargo now have a "Part Time" RIA position going branches to branches for people who already have a career or retired.

I am semi-retired, but if I have enough money to retire, I would definitely be interested in that RIA Part time position for Wells Fargo for extra cash.

Originally Posted by FifthStreetz

lol, teller is dead end. Have you check out private bankers? Ive seen PB transition to FA roles after a year, but the way i saw it was that it is just a sales training role to get people lacking sales skills to learn the ropes.

[roastbeef]

i remembered this thread and thought i would bump it. i decided to buy more real estate. ended up picking up another small condo. needs some renovations due to excessive amounts of very subjective tile in the kitchen and bath. i'm also going to do tile flooring for long term durability.
i figured i would post some before and after pictures for kicks.





quick layout of the floor for a concept.

[Nkc]

Very nice flooring for a condo.

[Fundguy1]

Dry cleaning is the best bang for the buck.