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Living with gambling addiction: Game free time - how is it NOT to invest? (Page 2)

Topic created on 11th May. 2023 | Page: 2 of 2 | Answers: 26 | Views: 2,879
Langhans
Expert

Tonka bean wrote on 11/05/2023 at 16:03: I have been investing in vinyls / records for the last few years.

Mainly in the electronic field.

Have so c.a. 4000 vinyls ( am still cataloging )

From 1990 to the 2000s.

So 1600 pcs. I have already entered on Discogs and the current value is in the maximum range at 13,500 €

The currently most expensive is around 280 €.

Since I have maintained them all and will also constantly expand my collections (labels) is of course also a value investment

would be for normal consumers probably usually a business with seven seals and I'm no exception The margin interests me now but already: could you refinance the investment of the 4,000 with the 1,600 system-sided records? Or for the most part. Then that would be a truly worthwhile line of business that you have picked out there

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GoodFellas
Amateur

frapi07 wrote on 11.05.2023 at 15:47: I also do not invest. An investment includes a certain Risk factor, which is just paid back with interest. The best investment is still an own property. One must pay then quasi only property tax + monthly additional expenses. If you consider that the rents are very high, then you save a lot. Unfortunately, I do not own a property and that will not change in the next few years. However, my goal is to save enough money to buy a 2/3 room apartment. Until then I just put the money aside and the smartest thing would be to invest it in a savings bank bond. However, that only makes a lot of sense if you have 50.000€ or more left for it. Even at 10.000€ that would be about 200€ p.a. and at 10 years 2.000€. Yes, to have or not to have 2.000€, but for that you can forget the money for 10 years.

With the current inflation a savings bank bond for 2% return and then also fixed for ten years, is not a good idea.😅

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bruffl
Expert
I also advise ETFs, just think about which companies are growing (water, uranium, AI, military...).
Haven't invested much in ETFs, I'm waiting for the next crash.

Cryptos are highly speculative of course, but if what I'm counting on or hoping happens, I won't be working in maybe 3 years.
If it doesn't work out, that's okay too, but it's better than being angry afterwards...

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Tonkabohne
Top Member
Langhans wrote on 11.05.2023 at 20:14:

would be for Otto Normalverbraucher probably i.d.R. a business area with seven seals and I am there no exception The margin interests me now however already: could you refinance then approximately with the 1,600 system-sided inserted plates the investment of the 4,000? Or for the most part. Then that would be a truly worthwhile line of business that you have picked out there

I haven't invested 4,000 there.


I had an online record store myself at the beginning of the 2000s.

Then everything went over to the digital 🤮😂 my major distributor of vinyls then went on its knees because the sales figures were no longer right.

There were then sellouts.

So 100 vinyls for 200 € etc... they had to clear their warehouses.

And today they are treasures

Bought so many packages too.

Collect yes since the early 90s.

Sure, if you take everything together then that's a lot of wood.

But 2600 vinyls are still to enter.

Have today ne Emmanuel Top Vinyl eigegeben, which I paid at the time for 6.90 in the purchase.

The is with me in the mint area.

According to Discogs not under 400 € in the Mint / Mint range

There are just not many left....

That is times ne value investment.

https://www.discogs.com/de/sell/list?master_id=36961&ev=mb&condition=Mint+%28M%29

look at the link, in what a price segment are the discs.

One is even with me 2000 € 🤦‍♀️

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Falko
Icon

Matthias wrote on 11.05.2023 at 16:00:The best thing you can do is to acquire financial education yourself, I think otherwise it really will not be easier in the future.
I watch the YouTube channel Finanzfluss from time to time, there is quite useful information for beginners and also for advanced learners.
If you are honest with yourself, your income and assets are the basic building blocks for everything you need in life (love aside). A week has 168 hours and if you work 40 hours per week, sleep 56 hours, there are 72 hours of free time left per week, which you have to/can divide for shopping, laundry, food, kids, hobbies and free time.
If you invest 1x per week at least 1 hour - on the way to work or on the toilet or in front of the TV for financial education, you will certainly be better off in old age than if you simply leave the topic out because you say to yourself "I can save nothing anyway".
In my opinion, financial advisors are only worthwhile for one purpose:
They should stand by you in a crisis when your portfolio is in the red and keep you from selling everything.
Money is made in crises - investing broadly in the stock market during crises is, in my opinion, the most profitable investment.
Again, this is not financial advice - it is my personal opinion on the subject!

Maybe the video is also interesting for you to watch, where you have written a lot about finance here today. Would it really come so far, the cash disappears and is replaced by a digital euro, that would take us the complete financial freedom. The 19 minute video uploaded today is about 5 points. 1) Why does the system have to be introduced ?, 2) What exactly does the system look like ?, 3) Why does the introduction require draconian measures ?, 4) What exactly awaits us ?, 5) How can we protect ourselves ?

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Falke
Expert

Falko wrote on 11.05.2023 at 22:51:

Maybe the video is also interesting for you to watch times, where you have written a lot about finance here today. Would it really come so far, the cash disappears and is replaced by a digital euro, that would take us the complete financial freedom. The 19 minute video uploaded today is about 5 points. 1) Why does the system have to be introduced ?, 2) What exactly does the system look like ?, 3) Why does the introduction require draconian measures ?, 4) What exactly awaits us ?, 5) How can we protect ourselves ?

They have had the plan for a long time. If the cash is abolished, then one loses the complete freedom, not only the financial. Would be a dictatorship of unimaginable extent. I don't even want to list the consequences. You only have to look at China and you already get a small foretaste.

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Langhans
Expert

Tonka bean wrote on 11.05.2023 at 21:58:
Na 4000 I have not invested there.


Had an online record store myself once in the early 2000s.

Then everything went over to the digital 🤮😂 my major distributor of vinyls then went on its knees because the sales figures were no longer right.

There were then sellouts.

So 100 vinyls for 200 € etc... they had to clear their warehouses.

And today they are treasures

Bought so many packages too.

Collect yes since the early 90s.

Sure, if you take everything together then that's a lot of wood.

But 2600 vinyls are still to enter.

Have today ne Emmanuel Top Vinyl eigegeben, which I paid at the time for 6.90 in the purchase.

The is with me in the mint area.

According to Discogs not under 400 € in the Mint / Mint range

There are just not many left....

That is times ne value investment.

https://www.discogs.com/de/sell/list?master_id=36961&ev=mb&condition=Mint+%28M%29

look at the link, in what a price segment are the discs.

One is even with me 2000 € 🤦‍♀️


Really highly interesting matter. If I had so much material and possibly treasures lying at home, I would be sure loose first two nights top motivated at the Einpflegen, to get me a halfway final overview or so ne kind of status quo. I can only congratulate you on this clever and foresighted investment. I guess that "records" are also relatively stable in price, because there are now no more to the existing ones. That reminds me a bit of the book typing with my mother at Momox, when she wanted to make room.... We celebrated well when we had somehow again nen box with 37 books for 20 € full. Sometimes there were for books in top condition only 12 cents...With others, which one did not look at all, suddenly 3.41€

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Anonym

Falko wrote on 11.05.2023 at 22:51:

Maybe the video is also interesting for you to watch times, where you have written a lot about finance here today. Would it really come so far, the cash disappears and is replaced by a digital euro, that would take us the complete financial freedom. The 19 minute video uploaded today is about 5 points. 1) Why does the system have to be introduced ?, 2) What exactly does the system look like ?, 3) Why does the introduction require draconian measures ?, 4) What exactly awaits us ?, 5) How can we protect ourselves ?

I have even read a book from him about the emergence of today's financial system, with Bretton Woods and so. There, the Americans have pulled the English and eigtl. the rest of the world completely over the table, by making the $ the world reserve currency.


One should not inform however exclusively with these Finanz-Doomern like e.g. also Markus Krall or Dirk Mueller. They were both often wrong with their forecasts. But something like that sells well and brings headlines. 2008/2009 was already for very many (including me) the financial system completely at the end and I would never have thought that this still goes well for so long. Now it's 2023, and it's still working somehow.

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Olli_Eule
Elite
Langhans wrote on 12.05.2023 at 00:14:

Really highly interesting matter. If I had so much material and possibly treasures lying at home, I would be certainly loose first two nights top motivated to enter, to get me a halfway final overview or so ne kind of status quo. I can only congratulate you on this clever and foresighted investment. I guess that "records" are also relatively stable in price, because there are now no more to the existing ones. That reminds me a bit of the book typing with my mother at Momox, when she wanted to make room.... We celebrated well when we had somehow again nen box with 37 books for 20 € full. Sometimes there were for books in top condition only 12 cents...With others, which one did not look at all, suddenly 3.41€

I have already sold some CDs and DVDs with a win. But I also have records. It is also better not to play the records, otherwise they wear out. If I have nothing to do today, I also put them on discogs. Eurodance records and CDs are worth quite a lot.

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dazzle_tea
Amateur

Falke wrote on 11.05.2023 at 22:58:
If cash is abolished, then you lose complete freedom, not just financial freedom. Would be a dictatorship of unimaginable proportions. I don't even want to list the consequences of that.

that's exactly how it is.

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Stromberg
Legend

Falcon wrote on 11.05.2023 at 22:58:

They have had this plan for a long time. If cash is abolished, then you lose complete freedom, not just financial freedom. Would be a dictatorship of unimaginable proportions. I don't even want to list the consequences of that. You only have to look at China and you already get a small foretaste.

Whether one then necessarily lives in a dictatorship is a moot point....

Rather, it is so that if then a dictatorship arises or one already lives in a dictatorship or is on the way there, this would get a tremendous power in the surveillance.

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Olli_Eule
Elite

Tonka bean wrote on 11.05.2023 at 21:58:
Na 4000 I have not invested there.


Had an online record store myself once in the early 2000s.

Then everything went over to the digital 🤮😂 my major distributor of vinyls then went on its knees because the sales figures were no longer right.

There were then sellouts.

So 100 vinyls for 200 € etc... they had to clear their warehouses.

And today they are treasures

Bought so many packages too.

Collect yes since the early 90s.

Sure, if you take everything together then that's a lot of wood.

But 2600 vinyls are still to enter.

Have today ne Emmanuel Top Vinyl eigegeben, which I paid at the time for 6.90 in the purchase.

The is with me in the mint area.

According to Discogs not under 400 € in the Mint / Mint range

There are just not many left....

That is times ne value investment.

https://www.discogs.com/de/sell/list?master_id=36961&ev=mb&condition=Mint+%28M%29

look at the link, in what a price segment are the discs.

One is even with me 2000 € 🤦‍♀️


what a work this enter at DiscoGS, I have only made 289

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