How do you start investing?

[Eder]

Garth Turner is a perma bear trying to capitalize on the uninformed fears. Yes...real estate might go down (correct) in major cities, but he wants you to go buy bullets for the upcoming Armageddon.

He was a conservative but got booted so wanted to run as a Green Party rep but then tossed those politics to join Dion and the Liberals. He failed at this as well, so obviously became a financial adviser.

btw he was very bearish still on May 2009 , and obviously missed all the profits that astute investors made. I feel sorry for his followers but perhaps there will be a bull market in canned food in the future.

In the mean time Alcoa posted bullish results so his tinfoil hat is likely to start costing him more.

(sorry...this guy makes me sick)

[KaeJS]

I feel sorry for his followers but perhaps there will be a bull market in canned food in the future.

In the mean time Alcoa posted bullish results so his tinfoil hat is likely to start costing him more.

All I have to say is... LOL

[Causalien]

Lisa you are still young so I strongly recommend that you at least invest some of them by yourself to learn the ropes. 20% self directed investing and 80% fort knox type safe interest income would be good. Ask around for what to do with that 80% and come back to this forum to double check whether or not that's sane.

As for rent vs buy, well, I guess you'll never know how free it feels to be renting until you've been bound by a real estate asset at least once.

[Causalien]

Garth Turner is a perma bear trying to capitalize on the uninformed fears. Yes...real estate might go down (correct) in major cities, but he wants you to go buy bullets for the upcoming Armageddon.

He was a conservative but got booted so wanted to run as a Green Party rep but then tossed those politics to join Dion and the Liberals. He failed at this as well, so obviously became a financial adviser.

btw he was very bearish still on May 2009 , and obviously missed all the profits that astute investors made. I feel sorry for his followers but perhaps there will be a bull market in canned food in the future.

In the mean time Alcoa posted bullish results so his tinfoil hat is likely to start costing him more.

(sorry...this guy makes me sick)

His math was perfect. It echoed with mine, the rest is a lesson in how a bubble progresses. His denial of HAM's presence, I don't agree with. It's probably something that's not well tracked by official stats.

I had a condo, that increased by 10% per year for 3 years. When I sold, after tax+repairs+maintenance+mortgage+commies I netted zero. I even got on the management board so I could cut costs to the bone. That's when I said good riddance to the worst type of asset I've ever owned in my life.

[Square Root]

I agree it's better to be paying a mortgage rather than rent. Only downside is when the market corrects(as it probably will) and your downpayment dissappears. On the other hand if you wait a year or two you can get a a better place for the same money. Mortgage rates may be a little higher granted.

[Eder]

Well anyway I think Garth is wrong again...here's a link to someone actually in the real estate business and not the book writing/screw old people business

http://ca.news.yahoo.com/developer-s...121627022.html