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ctooraen

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  • Posts

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About ctooraen

  • Birthday 11/09/1975

Optional Fields

  • Lifetime Member
    No

Contact Methods

  • Website URL
    http://www.nles.com
  • Skype
    charles.nles.com

Profile Information

  • Gender
    Male
  • Location
    Lousiana
  • Interests
    Freedom... traveling, outdoors, Guns, Diesels, and just about anything technical.

ctooraen's Achievements

Newbie

Newbie (1/14)

  1. The only "real" investments I have currently are: 1. My business and it's physical assets, equipment, inventory, website, etc. 2. Income producing apartment complex (4 plex) 3. Income producing commercial lease on grocery store in rural area in NM. (I own the property, store, equipment, and store manager "leases" the store from me) Of course I have some depreciating assets (Truck, RV, Tools (lots of them, couple classic cars) Any liquid cash is sitting on the sidelines in a MMA via Etrade. I think the idea of holding productive assets is a good thing. In the economy to come, things that can produce goods and services will be of value. The idea of re-localizing the economy is interesting, and we've already seen that begin to some degree. (Detroit and the supermarkets comes to mind). I wonder how well that will work long term since it's more of a protectionist type of move vs expansionist. When a debt fueled expansionist economy fails, and the "Velocity of Money" as I call it, stops, it will be interesting to see who is holding the chips when the collapse comes.
  2. mattress sounds good about now.....
  3. I have been out since July of 11. Have done nothing but watch and work on my other projects and work for now. Previously had been in the market since 1995. Been up, down and all around since then.....
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