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$7.76 Trillion?
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<blockquote data-quote="HerefordSire" data-source="post: 599897" data-attributes="member: 4437"><p><em>Times are changing very fast.</em></p><p></p><p><em>In my experience, tangible investments are usually time consuming to buy and sell. This takes away the attractiveness for me. I prefer investments where I can get my money within a day. These types of usually liquid investments are usually intangible. While I enjoy owning my land and I expect to make a bundle on the land, I don't really care for my money being tied up as it restricts me when I find very undervalued intangible investments. When I enter an intangible investment, I don't trust the behavior, like a tangible investment. I treat it like a hot potatoe. I am in and out. While I am out, I have theoretically no risk. When I am at risk, my eyes and ears are peeled. I would rather risk $50K in Potach Corp.'s or Apple Computer's stock for one day or one month than have 150 acres of corn growing with hybrid seed, fertilizer, lime, machine expenses, fuel, etc. for 4 months hoping like heck it will rain in an Arkansas July. The balance of both tangible and intangible investments is nice for me as it keeps me from being a fat office slob. :mrgreen: </em></p></blockquote><p></p>
[QUOTE="HerefordSire, post: 599897, member: 4437"] [i]Times are changing very fast.[/i] [i]In my experience, tangible investments are usually time consuming to buy and sell. This takes away the attractiveness for me. I prefer investments where I can get my money within a day. These types of usually liquid investments are usually intangible. While I enjoy owning my land and I expect to make a bundle on the land, I don't really care for my money being tied up as it restricts me when I find very undervalued intangible investments. When I enter an intangible investment, I don't trust the behavior, like a tangible investment. I treat it like a hot potatoe. I am in and out. While I am out, I have theoretically no risk. When I am at risk, my eyes and ears are peeled. I would rather risk $50K in Potach Corp.'s or Apple Computer's stock for one day or one month than have 150 acres of corn growing with hybrid seed, fertilizer, lime, machine expenses, fuel, etc. for 4 months hoping like heck it will rain in an Arkansas July. The balance of both tangible and intangible investments is nice for me as it keeps me from being a fat office slob. :mrgreen: [/i] [/QUOTE]
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