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Much money to be made...$$$

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Elite M0derator
Platinum
In your opinion do you have any hints and tips what the best industry is to invest in and why?

OR

If you have made a stack of cash how did you do it and when?

(And please do not tell me to go do research because I have and I am doing it now. What I want is YOUR opinion here on EF and now. ;) :heart: :bigkiss: )



$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
 
I made my money in automotive. But then again, I'm IN it, so I know what rumors are true and what rumors aren't. I operate purely on multi miliion dollar contrats that pay well for trench guys like me.

Look a Yaskawa. Not sure what the ticker symbol is, but they manufacture board level electronics for industrial machine control.
 
jack_schitt said:
I made my money in automotive. But then again, I'm IN it, so I know what rumors are true and what rumors aren't. I operate purely on multi miliion dollar contrats that pay well for trench guys like me.

Look a Yaskawa. Not sure what the ticker symbol is, but they manufacture board level electronics for industrial machine control.



Excellent, I will do some research on that.
Do you make the servo drives, motion control systems and robotics? Or are you the buyer/seller of these machineries?

Thanks Jack_Schitt. K to you as soon as I recharge.
 
YASMINA said:
Do you think that demand is high in that particular industry?

Demand is high in any processing industry...food packing, processing, handling, etc. Let me get back to you on some specifics in the next few days or so. I personally don't invest in such things because the market is not currently in a 'boom' state. What I have said, is sound advice, but timing is everything. It all goes back to supply and demand. The more the demand, the more the need for suppy, hence the more the big companies blast out automation components driven by system integration companies needs.

You just gotta follow it and play it by ear. Theres no magic bullet on our level.
 
ok jazza, listen to me carefully. this is what you do:

buy the yellow set, and the green set, and make sure you put hotels on both of them. Picadilly is a fully magic voodoo property, you cant lose if you own it. mucha moolah. muuucha. :p

mayfair and park lane are alright, but i wouldnt buy those until youre really loaded

remember me when youre rich, ok ;)
 
diversity

buy & hold

pick an industry that seems strong and has good prospects for the next few years

It's the jist of most mutual funds out there.
 
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