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Risk mitigation/exit strategy

24

Comments

  • BearsWiin
    BearsWiin Member Posts: 5,076

    BearsWiin said:

    We're looking to buy some acreage outside Paris

    Why buy when you can just roll the tanks in?
    I'm a lover, not a fighter
  • creepycoug
    creepycoug Member Posts: 24,410
    BearsWiin said:

    BearsWiin said:

    We're looking to buy some acreage outside Paris

    Why buy when you can just roll the tanks in?
    I'm a lover, not a fighter
    I have a friend who stopped talking about, and actually pulled the trigger, on buying a house in Italy. It was a nightmare of red tape, and he needed to engage Italian counsel, but in the end, it was super cheap. The reason it was cheap is that an American is never going to make a living there. You go to spend your money and live in your own place. There's no work, so real estate, a lot of it anyway, is cheap cheap cheap.

    If I were to pull the trigger on an apartment in one of the great cities, it would have to be Rome, which is also somewhat affordable. Certainly relative to Paris anyway.
  • BearsWiin
    BearsWiin Member Posts: 5,076

    BearsWiin said:

    BearsWiin said:

    We're looking to buy some acreage outside Paris

    Why buy when you can just roll the tanks in?
    I'm a lover, not a fighter
    I have a friend who stopped talking about, and actually pulled the trigger, on buying a house in Italy. It was a nightmare of red tape, and he needed to engage Italian counsel, but in the end, it was super cheap. The reason it was cheap is that an American is never going to make a living there. You go to spend your money and live in your own place. There's no work, so real estate, a lot of it anyway, is cheap cheap cheap.

    If I were to pull the trigger on an apartment in one of the great cities, it would have to be Rome, which is also somewhat affordable. Certainly relative to Paris anyway.
    I'd get a flat in Vienna. Lots of Italian towns are offering cheap places but even when you fix them up they're still in the middle of nowhere Italy. Great if you like Italy, but hard to get anywhere. I like Rome, but not enough to buy there

    We're looking for rural acreage (hectarage) with access to Paris for day trips. Found an inexpensive quasi-chateau fixer but would probably have to put in $200K to make it livable. Not a business opportunity, just a vacation home to use as a jumpoff poont for exploring the rest of the continent
  • greenblood
    greenblood Member Posts: 14,573
    Physical metals
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,806 Standard Supporter

    Physical metals

    Like lead?

    #bullets
  • USMChawk
    USMChawk Member Posts: 1,800

    Physical metals

    Like lead?

    #bullets
    I bought thousands of rounds, about ten years ago. At current market prices I’ve quadrupled my money on the 9mm and .40. I’ve quintupled it for the .22LR.
  • doogie
    doogie Member Posts: 15,072

    Physical metals

    Just don’t keep them in a safe deposit box at a Bank
  • DerekJohnson
    DerekJohnson Administrator, Swaye's Wigwam Posts: 70,116 Founders Club

    This bull market is fucking nuts right now and it's making me nervous. What kind of proactive steps do you guys take to reduce your exposure before the inevitable correction comes?

    Imma go out like Michael Hutchence.