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Post by kevlar on May 14, 2022 15:38:35 GMT -6
I thought I would start a new thread instead of taking over the Trudeau thread. I was in Brandon today and ended up in a comic book store kind of place, it was beside a place we had taken the kids so they wanted to pop into it to see what was there. It kind of mimicked the one on the Simpsons, with the weird dragon and wizard type games, but also had a bunch of hockey cards and such. I got looking at them and seen some Wayne Gretzky cards for $100-150 and got thinking of all his cards that we destroyed when we were kids just because we hated him and the oilers! Dumb I know now. Probably would have had several thousand dollars worth of just his cards if I had kept them.
This made me think of what other things people invest in. I have a bit of a bug now that I have got into some metals, find some of that kind of interesting. If a guy knew what he was doing, he could make good money buying and selling stuff like this store had.
Any one here have investments of different types? Just thought this might be interesting.
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cropgrower
Full Member
location western manitoba
Posts: 119
Likes: 139
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Post by cropgrower on May 14, 2022 17:24:18 GMT -6
Tractors ! all my life i have been a tractor fan ! have around 40 with the ones i use and play with and collect ! and never added up what they are worth , im shure their is worse kinds of madness  |
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Post by Beerwiser on May 14, 2022 20:45:14 GMT -6
Geeze,I am with cropgrower. Everything I own is a fricking antique including me. Sitting on a fortune. 🙄
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Post by kevlar on May 14, 2022 21:01:31 GMT -6
One thing I wish I had done 10-15 years ago was go around and buy all the old snowmobiles that nobody used or wanted anymore. Back then you could have gotten them for a hundred bucks, or often people would just give them away to get them out of the yard. Relic derbies have gotten huge and people are selling old junkers for a thousand bucks now, and I’ve seen guys asking 7-800 for stuff with trees growing up through them. So back then for a few thousand bucks, a guy could have picked up 50 sleds and held onto them, and turned it into 40-50 grand.
Nice collection there Cropgrower, you should give some background to all those, they look great!
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cropgrower
Full Member
location western manitoba
Posts: 119
Likes: 139
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Post by cropgrower on May 14, 2022 21:49:33 GMT -6
One thing I wish I had done 10-15 years ago was go around and buy all the old snowmobiles that nobody used or wanted anymore. Back then you could have gotten them for a hundred bucks, or often people would just give them away to get them out of the yard. Relic derbies have gotten huge and people are selling old junkers for a thousand bucks now, and I’ve seen guys asking 7-800 for stuff with trees growing up through them. So back then for a few thousand bucks, a guy could have picked up 50 sleds and held onto them, and turned it into 40-50 grand. Nice collection there Cropgrower, you should give some background to all those, they look great! i have watched this colecting game with a while now , and its the stuff that was around when lads started driving tractors or cars or snowmobiles etc is making the big money , lads that are mabe in their 50s now and have some spare cash want the stuff they had in their younger days , i grew up in southern ireland and moved here back in 2006 , the older tractors i like are mostly the british built fords and fordsons , because they are what i learned to drive tractors on , word must have got out now about this crazy irish man for i have people phoning me up offering me tractors , some at scrap price ! hate to see a nice old fordson going to china to be melted down , and i enjoy fixing them up in the winter , also if i ever want to get rid of some i have lads back in ireland mad wanting to buy , i could make a few phone calls and have a container load of them gone anytime |
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Post by Oatking on May 14, 2022 22:06:38 GMT -6
Apparently , any machinery especially tractors or GPS equipment bought last year or later is a good investment now. Even trucks are disappearing from dealer lots. Inflation has even helped bo0st up old equipment as well.
What I am invested in, well land , silver, some rental houses, guitars and table hockey games. That just about covers all the angles!!! lol I should have done phizer or apple, but not active in day trading!
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cropgrower
Full Member
location western manitoba
Posts: 119
Likes: 139
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Post by cropgrower on May 14, 2022 22:17:24 GMT -6
Apparently , any machinery especially tractors or GPS equipment bought last year or later is a good investment now. Even trucks are disappearing from dealer lots. Inflation has even helped bo0st up old equipment as well. What I am invested in, well land , silver, some rental houses, guitars and table hockey games. That just about covers all the angles!!! lol I should have done phizer or apple, but not active in day trading! strange stuff happening now with the price of everything , prices were insane in the auctions this spring , my opinion is that the value of money is going down not the value of stuff is going up ! |
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Post by SWMan on May 14, 2022 22:34:22 GMT -6
Best precious metal lately has been brass and lead, roughly double in last year.  Looks like the inflation bug has hit hard assets, but might not be friendly to other areas of "investing". If bubbles start popping the question is which asset class has intrinsic value that will carry through? Over my career farmland has been the best investment, now 10X what I paid 25 years ago and made money most years to boot. Can't see how it is a good investment now, but I've been wrong before. |
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CTS2
Junior Member
Posts: 74
Likes: 27
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Post by CTS2 on May 15, 2022 4:39:15 GMT -6
Over my career farmland has been the best investment, now 10X what I paid 25 years ago and made money most years to boot. Can't see how it is a good investment now, but I've been wrong before. Are you planning to sell it? That's the bit I struggle with, yes it's increased in value, but I'm not planning to sell it, so it always seems to me that it's not really worth anything. |
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Post by slipclutch on May 15, 2022 6:35:21 GMT -6
Nothing is tangible until the cash is in hand.
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Post by SWMan on May 15, 2022 8:56:27 GMT -6
Over my career farmland has been the best investment, now 10X what I paid 25 years ago and made money most years to boot. Can't see how it is a good investment now, but I've been wrong before. Are you planning to sell it? That's the bit I struggle with, yes it's increased in value, but I'm not planning to sell it, so it always seems to me that it's not really worth anything. Correct, in fact land can be a bit of a liability depending on how you view it. Most governments have decided property owners are a handsome revenue stream and are taxing land on it's perceived value. Just because my neighbors are buying land at $5400/acre and it may never turn a profit but they want it and will subsidize it with other owned land, now the government will deem all grainland to be worth such and tax it all accordingly. Never mind the fact that they already taxed the guy that sold the land for the tune of roughly 50%. Quite the system we have these days when one looks at it, mostly fueled by cheap and abundant credit from none other than the government via their own lending apparatuses. I bet if you offered any person in the country to buy into any farm in the area with 100% borrowed money at current prices not one would make a go of it. Government had their name all over the land maps in the 80's after interest rates went up, I could see it happening again... |
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cropgrower
Full Member
location western manitoba
Posts: 119
Likes: 139
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Post by cropgrower on May 15, 2022 8:57:01 GMT -6
Nothing is tangible until the cash is in hand. and tax paid ! |
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Post by SWMan on May 15, 2022 8:57:12 GMT -6
Nothing is tangible until the cash is in hand. Cash is not tangible until you have turned it into a hard asset. |
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cliffh
New Member
Posts: 13
Likes: 16
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Post by cliffh on May 15, 2022 13:25:24 GMT -6
One thing I wish I had done 10-15 years ago was go around and buy all the old snowmobiles that nobody used or wanted anymore. Back then you could have gotten them for a hundred bucks, or often people would just give them away to get them out of the yard. Relic derbies have gotten huge and people are selling old junkers for a thousand bucks now, and I’ve seen guys asking 7-800 for stuff with trees growing up through them. So back then for a few thousand bucks, a guy could have picked up 50 sleds and held onto them, and turned it into 40-50 grand. Nice collection there Cropgrower, you should give some background to all those, they look great! i have watched this colecting game with a while now , and its the stuff that was around when lads started driving tractors or cars or snowmobiles etc is making the big money , lads that are mabe in their 50s now and have some spare cash want the stuff they had in their younger days , i grew up in southern ireland and moved here back in 2006 , the older tractors i like are mostly the british built fords and fordsons , because they are what i learned to drive tractors on , word must have got out now about this crazy irish man for i have people phoning me up offering me tractors , some at scrap price ! hate to see a nice old fordson going to china to be melted down , and i enjoy fixing them up in the winter , also if i ever want to get rid of some i have lads back in ireland mad wanting to buy , i could make a few phone calls and have a container load of them gone anytime Agreed, particularly the part of what people grew up on. When I was younger, the Model D John Deeres and similar were in demand. As far as I know the prices of those have dropped off. Now it's the newer "muscle tractors" like Deere 5020 and 6030, and International 56 and 66 series tractors that can bring quite high prices. As an investment though, if they drop off in 10 - 20 years, it might not be that great, unless you get in at a low price. |
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cropgrower
Full Member
location western manitoba
Posts: 119
Likes: 139
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Post by cropgrower on May 15, 2022 14:02:36 GMT -6
yes the 60s tractors have droped a lot in value , its the 70s and into the 80s tractors now that are getting bought up by colectors and down the road again they will drop off when us lads are in the nursing homes ! for the real big investment money you need somthing more rare , ones that their was not many made or very early serial number etc
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