Thread: Fixed Income this year?

Originally Posted by fanocks2003

I am looking at a Danish bond giving 6% pre-tax per annum.

Do you not think you can find an investment that will pay more than 6%? What about your own business?

Originally Posted by JScott

Do you not think you can find an investment that will pay more than 6%? What about your own business?

Of course I can recieve higher return via my own corp. but why not buy some bonds on the secondary market?

If you can buy that same 6% at 50 instead of at 100 par value you will recieve a much higher return on money that way.

I like to just spread it out there as they say. Diversification of money. I earn my boat load of money in the company I own. I then diversify the cash I recieve from that entity into the three asset classes: paper, real estate and businesses (my own projects that is). I have not yet come to that stage where I have actually bought much real estate. I am involved in a new development deal in Argentina though. A Radisson hotel deal that will give me a fixed income stream from year 2011. Stream of approximately 10-15% annually pre-tax.

I feel that there is no wrong in making your life easier. If your company goes belly up (which they can and I know first hand) then you want to have some, or much, of your wealth invested in something else. Just for the sake of preserving the money.