Have Money Now What ?

[way.tomuch]

So ive sold my business.. have the money now what ???

where to invest it ? dont wanna take any wild chances,, low risk ! Dont have a million or 2 ,, nice nest though...
stock market ?? rental housing ?? housing market ??? what where .. tks

 

[InTheBum]

So ive sold my business.. have the money now what ???

where to invest it ? dont wanna take any wild chances,, low risk ! Dont have a million or 2 ,, nice nest though...
stock market ?? rental housing ?? housing market ??? what where .. tks

Move to Thailand and live like a king...

 

[Big Mark]

Well, you could build a diverse portfolio to manage risk as was stated before OR you could poon two or three times a day for the rest of your life...

 

[mercyshooter]

give us all the money and we'll spend them "wisely".

 

[Lillith]

bitches and hoeeesss

 

[storm rider]

So ive sold my business.. have the money now what ???

where to invest it ? dont wanna take any wild chances,, low risk ! Dont have a million or 2 ,, nice nest though...
stock market ?? rental housing ?? housing market ??? what where .. tks

You have to fully explain your situation....do you own a house that is paid off?...do you rent?...are you paying off a luxury car or any debts?


Straight up if you are sitting on say 600-700 GRAND with no mortgage or any debts...if you wisely invest that nest egg in a sector that is secure and that pays a good return on a quarterly basis through dividends and you can manage to live within a set budget you could easily retire in Thailand and fuck your self silly and I am quite serious.....a long term booking of a room at a guesthouse in Pattaya will run you $250 a month....throw in food and entertainment as well as pooning and some golf and you are living the sweet life....call it 3 GRAND a month and you are living like a king.

SR

 

[the old maxx50]

the problem is 600 -700 G won't bring you $3000 a month by going through any bank income offers.. you have to take some risk and ether have a trust company working your money or learn and do it your self .. It is work to make money.

I have asked tis question many times .. what is the best way to make an income with out having a job..

A few Ideas .

Stock market. ' sign up for on of these option watchers that notifies you when to buy and sell .
I know many traders don;t like option , but it is viable for many traders again it is work to learn all you can .

Loaning money on pawns .. ether through a pawn shop or short term loans with big ticket items as collateral
You need proper contracts and some storage to hold the stuff.. but it pays 5% or more a month just have to be care full of the usury and racketeering laws YOu are not allowed .. to charge more then 66% that why most pawn shop have storage fees and contract fees to mange to get more..
Also never loan more then 25% of the value of the security item .. because you may have to sell it if they forfeit on the loan
Again there is work involved and a seance of who to loan to because you would like you r money back and make 50% or more on it in a yr.

The Four X buying and selling on the money exchange .. really tricky but the banks are doing it every day that is what they do with a lot of the money, to make the insane profit s they make .. l Look into it does not take all your money usually there is a ten to one leverage

Buy bank stock they make profits and pay dividends

 

[FunSugarDaddy]

I once had a doctor who was overweight, but it didn't make him a bad doctor.

Fuck financial advisors. If they knew what they were talking about wouldn't they be rich themselves instead of advising chumps for change?

Take a course in finance, economics and taxation and go it alone.

 

[InTheBum]

Get married and have kids...it's what happiness is all about...

 

[popsicle]

There are places you can live like a king and never spend the money. However if you would like to live in canada, travel a bit, and live comfortably its going to take
a lot of effort. Forget financial advisors, mutual funds, and stock tips. All three will suck your money dry.
Do your homework. Get an online trading account. Pick some good quality stocks that pay good dividends. Mix it up. You will never make millions at this or
anything else, but you will make enough that you will never have to work again.

 

[Big Dog Striker]

So ive sold my business.. have the money now what ???

where to invest it ? dont wanna take any wild chances,, low risk ! Dont have a million or 2 ,, nice nest though...
stock market ?? rental housing ?? housing market ??? what where .. tks

Just relax first and love yourself. Don't try to chase another high right away.

 

[poorboyv6]

Real Estate

I was in the financial industry for almost ten years. I didn't see that many people making money on trades because the market is driven by two things, greed and fear. You can do all the technical and fundamental analysis you want, but those two variables trump everything else. Analysts are also always coming up with some event two continents away that is affecting your stock. Even institutional traders are only right just over half the time. I've been invested in the index for about 15 years, and I'm not sure if I'm making even 10% a year.

When I watch the show Millionaire Matchmaker, a disproportionate number of the clients seem to have made their money in real estate.

The wealthy people I know personally seem to have a good porportion in land as well. If I hadn't needed to move around so much when I was younger, I think I would have tried investing in real estate.

 

[Aerts]

Once you own the house you live in, it takes about 2 million to generate sufficient income to support yourself without having to be employed. To live well, you need to have about 10 million invested in income generating investments.

Support = enough to pay tax, food and utilities
Well = enough to pay tax, food, utilities, hobbies and vacation trips

Here are two sites that talk only about investing for income. Both pages have links to the resources the blogger uses.
http://www.spbrunner.blogspot.com/
http://www.dividendgrowthinvestor.com/

When you are investing for income, you have to fully investigate the company you are investing in. What you want to be able to do is be confident that you will only have to review your holdings every three months. Why? Because that's when the CRA is going to want your quarterly tax pre-payment. Traveling to physically inspect the facilities/plant/actual existence of a potential investment is tax deductible. Since it costs you nothing to do your due diligence, it's inexcusable not to.

Something tells me that few people have a paid off house and 10 million sitting around... Or need to to "live well". So what if you visit a plant or factory? What is that going to tell the average guy? That a plant actually exists and they are operating? So you talk to a few guys in suits who don't understand the industry either and tell you some scripted lines? Are you warren buffet?

 

[Aerts]

The brex scandal was based on spiked drilling samples, unless you went to indonesia and did your own drilling for core samples at the proposed site and did your own lab testing, you wouldn't have known any different. Visiting a restaurant or hotel before you invest money in it is a little different than going to visit a series of industrial plants and making sure their production efficiency is up to your own personal standards

 

[FunSugarDaddy]

personally if it were me and I have a lot of $$ cross my table right about now I'd focus either on commerical real estate, property in the Southern U.S. near lakes, golf resorts, or oceans, and perhaps 1st and depending on the risk, 2nd mortgages.

 

[J.O. Henson]

one charlie sheen inspired weekend!

 

[princeofdarkness]

So ive sold my business.. have the money now what ???

Congrats way.tomuch,
I hope the transaction went in your favour and with little headaches. Take a brief break for yourself as running your own business can be tough on the body and soul. Been there and done it a couple of times. So rest, eat and hydrate well and then decide on the next steps. Some great tips have been shared by other members already so treat yourself first.

Peace.

 

[storm rider]

The brex scandal was based on spiked drilling samples, unless you went to indonesia and did your own drilling for core samples at the proposed site and did your own lab testing, you wouldn't have known any different.

That is the post mortem of Bre-X....I was following the stock during that time when I lived and worked in North Vancouver.....when I read about the head geologist taking a header out of a helicopter the first thing I thought was.....sell the fucking stock suckers....as no sane well paid geologist would jump out of a helicopter to his death.....he was going to blow the whistle and was thrown out FFS.....if the information is still available I bet the insider trading records would show that the bigger stockholders of Bre-X sold a lot of shares very quickly/soon after the helicopter incident as they knew the house of cards was about to fall down....for the most part though the people that lost huge amounts of money on Bre-X were the people that jumped on the bandwagon late......if somebody bought in at .05 a share at the start for say 5000 shares and did not have enough smarts to sell when the stock passed $100 a share then tough titty.Bre-X was the biggest mining stock swindle of all time and it was fed by what drives the stock market...greed and fear.

SR

 

[storm rider]

Bre-X was issuing all kinds of explanations in March 1997 on why they had to use the whole core to do the assay. The standard is to split the core so that one side of the split is still available for visual examination.

The scam began to fall apart when the Suharto government insisted on Bre-X having a partner and Freeport began working on the site. Freeport began asking questions in February and by March Walsh was doing daily press conferences trying to sell the idea that their assay was correct.

What surprised me was that I had no trouble finding a buyer for my shares in the middle of March. In April, Freeport told the world there was no gold.

Felderhof and Walsh had both sold a portion of their shares in the run up, but still held a controlling interest. Felderhof was charged and acquitted of insider trading - probably because he still held about 75% of the shares he started with.

And right now Felderhof is living in a tropical paradise after he sold his 25% stake...pretty nice retirement package I will say.....and thus far he has declined to come back to Canada and stand trial or make amends for shareholder losses....you had no problem selling your shares as greedy people wanted them.....if you got out and made a profit then you were smart.....but dont by any means suggest that Felderhof was innocent and not complicit to the plan....he orchestrated it and had another man killed when it suited him...this is just common sense and I am not some conspiracy theory nut job.....the whistle was going to be blown and the whistle-blower got a helicopter bungee-jump ride minus the bungee cords.....it is a lot less nasty then what that scumbag Madoff did by stealing billions of dollars and running his ponzy scheme.

SR