A.I.M. Users Bulletin Board

[RCB]

Hi Jack
Real estate can be good if you have patience and buy it while you're young and let it pay for itself. It doesn't cost you anything and you build up your net worth. I've dabbled in vacant residential lots purchased when the markets were on hard times, held on to them for 6-7 years and sell for 7 & 8 times the price paid. I also purchased an industrial building in the mid 70's which paid for itself in the first 10 years. For the next 18 years it gave me a return of 11% per year after all expenses paid. Sold it this year for 270% gain in 28 years. I think that was a good investment with time. I got a sell action this week on XEG Energy ETF and XGD Gold ETF. I had bought some BBD.B Bombardier in sept/04 @ 2.86. This week it gave me a buy action @ 2.38 and bought more. They cut 2200 jobs this week. There cleaning up shop. I think they will come out of it. There was bad news this week for some plane crashes but they were all during bad weather. Could be icing problems on the wings.
I've said enough.
Take care
RCB