Do you invest some of the money you make? if so, what do you invest it on?

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  • will76
    Making $$$$ w/ ClickCash
    • May 2003
    • 18037

    #1

    Do you invest some of the money you make? if so, what do you invest it on?

    Do you...

    - only invest your money back into your business ?

    - invest into other things? if so what ?


    just curious what everyone else does with their money after they pay their bills, or do you just use what is left over to buy stuff ?
    ICQ: 86364801 Email: will [at] innovativeassets [dot] com

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  • Bomber8888
    Confirmed User
    • Mar 2004
    • 1444

    #2
    Real Estate and hooker!
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    • Nicky
      Too lazy to set a custom title
      • Mar 2003
      • 30071

      #3
      Domains + some other mainstream stuff

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      • fuzebox
        making it rain
        • Oct 2003
        • 22353

        #4
        Real estate, closing on our third rental property this week...

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        • Redrob
          Confirmed User
          • Oct 2004
          • 4791

          #5
          Commerical Real Estate in growth markets.

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          • Spunky
            I need a beer
            • Jun 2002
            • 133986

            #6
            Stocks and bonds

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            • candyflip
              Carpe Visio
              • Jul 2002
              • 43069

              #7
              The house we live in.
              Rental properties.
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              Spend you some brain.
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              • DBS.US
                Geo Cities
                • Aug 2003
                • 11843

                #8
                Rental properties
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                • Fat Panda
                  Porn is Dead. Move along.
                  • Aug 2006
                  • 13296

                  #9
                  Beer and food

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                  • xxweekxx
                    Confirmed User
                    • Oct 2002
                    • 6780

                    #10
                    where do you guys find rental properties from? and what are guarantees it'll be rented out? im interested in snagging up a few really.. it might be low return but i dont care, its long term money.. say u drop 500k, but only make 50k/yr, its not a bad investment considering u own the damn property
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                    • GAMEFINEST
                      Make STACK$
                      • Nov 2006
                      • 14478

                      #11
                      saving up for the bad times..
                      Compound interest.

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                      • fatfoo
                        ICQ:649699063
                        • Mar 2003
                        • 27763

                        #12
                        Real estate is good. I never tried that.

                        A thought comes into my mind - I need to move myself and my business to a different physical location.
                        Send me an email: [email protected]

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                        • Sly
                          Let's do some business!
                          • Sep 2004
                          • 31376

                          #13
                          Originally posted by xxweekxx
                          where do you guys find rental properties from? and what are guarantees it'll be rented out? im interested in snagging up a few really.. it might be low return but i dont care, its long term money.. say u drop 500k, but only make 50k/yr, its not a bad investment considering u own the damn property
                          As much as you move around, I don't think it would be a good idea. Sure, hire a management company, but that will suck up pretty much all of your money. If you have large sums of money, you could probably find better things to do with it.

                          Bah... go for it.

                          As far as investments go... I have a 401(k), some side businesses, personal development, and a rental. It's kind of too much. Trying to consolidate more.
                          Last edited by Sly; 02-02-2010, 08:07 PM.
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                          • FrozenJag
                            Confirmed User
                            • Oct 2006
                            • 1763

                            #14
                            Well first and foremost I always try to maintain zero debt. Even if its a car loan or something.

                            I invest heavily back into my online business through anything from buying sites, to hiring full time employees, domains, new sites, etc.

                            Then 2 years ago I started an offline company that just entered its third year in business and signed another 2 year extension on its largest contract.

                            Then I also save money in my bank accounts. I would like to have minimum of 6 months full living expenses just incase things took a turn for the worse.

                            I used to have 1 rental property but it became way too big of a headache. Im still growing though, I wasnt around in the super good times of adult where you could make hundreds of k's with not much work really. Going at 3 1/4 years now, so still along ways to go even though ive far surpassed my original goals.

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                            • theking
                              Nice Kitty
                              • Sep 2002
                              • 21053

                              #15
                              Originally posted by will76
                              Do you...

                              - only invest your money back into your business ?

                              - invest into other things? if so what ?


                              just curious what everyone else does with their money after they pay their bills, or do you just use what is left over to buy stuff ?
                              I invested in real estate holdings for more than twenty years. A few years ago I sold all of my holdings and invested in the market. I roll all dividends over and do not touch any of the principle as I have a monthly income (SSA disability check/100% disabled vet VA check) which more than meets my monthly needs or desires. I have zero debt and pay cash for anything I need or want. My needs and desires are simple so I am worth far more than I will even spend in my life time.
                              Last edited by theking; 02-02-2010, 08:31 PM.
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                              • SomeCreep
                                :glugglug
                                • Mar 2003
                                • 26118

                                #16
                                Booooooooooze.

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                                • brand0n
                                  been very busy
                                  • Nov 2002
                                  • 26983

                                  #17
                                  gold, gold options, dinar.
                                  want to buy this spot for cheap? it is of course for sale. long term deals are always the best bet. brand0n/ at/ a o l dot commies.

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                                  • mmcfadden
                                    So Fucking Banned
                                    • Oct 2008
                                    • 5099

                                    #18
                                    Hookers, those that are not hookers, and def. Booze

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                                    • will76
                                      Making $$$$ w/ ClickCash
                                      • May 2003
                                      • 18037

                                      #19
                                      looks like a close race between " boooooze and hookers" and "real-estate".
                                      ICQ: 86364801 Email: will [at] innovativeassets [dot] com

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                                      • will76
                                        Making $$$$ w/ ClickCash
                                        • May 2003
                                        • 18037

                                        #20
                                        Originally posted by xxweekxx
                                        where do you guys find rental properties from? and what are guarantees it'll be rented out? im interested in snagging up a few really.. it might be low return but i dont care, its long term money.. say u drop 500k, but only make 50k/yr, its not a bad investment considering u own the damn property
                                        Rental properties are not as easy as they sound. First and foremost you need to find a property you can buy, and rent for more than your expenses (mortgage, ins. prop tax, upkeep, etc...) that right there is not easy to do. Then you need to deal with people, some are great and you never hear from them, some call often for minor fixes. Then you can get the ones that are late or the ones that like to stay for 1 year and then move out.... which you then might have it vacant for a month or two, which is a killer on your ROI. Then you may get the people who trash your place and you have to go behind them and do a bunch of repairs.... people who don't do it don't know all that is involved and people who do have rentals either deal with the crap or are lucky and haven't had those type of tenants yet. You have to factor your "time" into the investment as well.

                                        if you go with real-estate (in the US) prop tax sales are by far the best investment and I have looked at REO's, foreclosures, flipping houses, rentals, building new houses, etc... a lot of those are hard to find good deals in the first place, you can have unforseens (like a huge repair you find out a year after you buy or the tenant that doesn't pay for couple months, or it sits vacant for longer than expected) or you build a bunch of new houses and the market crashes before you are finished building them (<- been there) but with prop tax sales your time and risk is almost nothing, the reward is very high.
                                        Last edited by will76; 02-02-2010, 08:57 PM.
                                        ICQ: 86364801 Email: will [at] innovativeassets [dot] com

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                                        • minddust
                                          Confirmed User
                                          • Feb 2005
                                          • 2438

                                          #21
                                          Gold.

                                          I love holding gold...

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                                          • BillyHoe
                                            Confirmed User
                                            • Mar 2003
                                            • 2214

                                            #22
                                            Blue chip Stock and the company

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                                            • fuzebox
                                              making it rain
                                              • Oct 2003
                                              • 22353

                                              #23
                                              Will a lot of what you said seems to apply more to real estate as an active involvement business, but not as a long term passive investment...

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                                              • HandballJim
                                                Confirmed User
                                                • Sep 2008
                                                • 4024

                                                #24
                                                better domains, and looking at maybe buying a nice co-op...the only problem is NYC real estate did not get hit much yet so everything is still expensive. for example the one I like is a 2 bed/2 bath going for $249k and $950 a month maintenance...there is a wait list and extra fee for parking. (I will most likely find street parking 5 blocks away) Kitchen is new (but no granite top), both bathrooms need work and I would need to redo them.
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                                                • will76
                                                  Making $$$$ w/ ClickCash
                                                  • May 2003
                                                  • 18037

                                                  #25
                                                  Originally posted by fuzebox
                                                  Will a lot of what you said seems to apply more to real estate as an active involvement business, but not as a long term passive investment...
                                                  not sure i follow, exactly.

                                                  If you talking about long term real-estate as far as rentals? it can be "passive" from a time standpoint, you could hire a handy man and/or prop manager to deal with everything so you don't have to be hands on. But you still have all the other risks, vacancy rate, cost for repairs, uncollected rent, etc etc... And now you have more costs because you have to pay someone to do that work, so your "deal" has to be that much better so it can at least pay for the mortgage muchless make you a profit.

                                                  Please explain what you thinking about as long term passive investment when it comes to real-estate. I don't know what else would be "long term" unless you were renting it. Building, fliping, etc.. are all short term. You wouldn't buy something and let it sit and do nothing with it for many years then sell it. The only long term passive real-estate investment I can think of is buying your own home.
                                                  ICQ: 86364801 Email: will [at] innovativeassets [dot] com

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                                                  • theking
                                                    Nice Kitty
                                                    • Sep 2002
                                                    • 21053

                                                    #26
                                                    Originally posted by will76
                                                    Rental properties are not as easy as they sound. First and foremost you need to find a property you can buy, and rent for more than your expenses (mortgage, ins. prop tax, upkeep, etc...) that right there is not easy to do. Then you need to deal with people, some are great and you never hear from them, some call often for minor fixes. Then you can get the ones that are late or the ones that like to stay for 1 year and then move out.... which you then might have it vacant for a month or two, which is a killer on your ROI. Then you may get the people who trash your place and you have to go behind them and do a bunch of repairs.... people who don't do it don't know all that is involved and people who do have rentals either deal with the crap or are lucky and haven't had those type of tenants yet. You have to factor your "time" into the investment as well.

                                                    if you go with real-estate (in the US) prop tax sales are by far the best investment and I have looked at REO's, foreclosures, flipping houses, rentals, building new houses, etc... a lot of those are hard to find good deals in the first place, you can have unforseens (like a huge repair you find out a year after you buy or the tenant that doesn't pay for couple months, or it sits vacant for longer than expected) or you build a bunch of new houses and the market crashes before you are finished building them (<- been there) but with prop tax sales your time and risk is almost nothing, the reward is very high.
                                                    I took Will Roger's advice when he was once asked what to invest in. I was in the 2nd year of the 12 years I spent in the Army when I began to acquire property. I bought a ton of fixer uppers over the years. I hired retired trade workers (plumbers, carpenters, electricians etc.) that wanted to make some extra bucks under the table for a small portion of what their normal pay would have been. In the beginning I would flip them for a profit to buy more fixer uppers...but as time went by finances grew and I did not need to flip them...so I began to rent them out. I hired a manager so I did not have to mess with the mundane problems of renting. When I decided to completely retire I sold all of my holdings (almost all of them were paid in full and to a single buyer) and I had a substantial number of housing rentals and business rentals and several undeveloped properties when I sold. The only real problems I encountered over the years was with local zoning laws and crooked or inept inspectors.
                                                    When you're running down my country hoss...you're walking on the fighting side of me!

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                                                    • Barefootsies
                                                      Choice is an Illusion
                                                      • Feb 2005
                                                      • 42635

                                                      #27
                                                      Right now, almost all of it is going back into the business and/or paying down debt.

                                                      The goal is to fully own my house, and have student loans paid off by the time I am 40. Then I can move on to some rentals and other investment things I am reading up on now.

                                                      Who knows what the credit market will look like in a few years time at the rate things are going. So I am planning on paying down everything I know for a fact they look at in assets, debt, and cash money on hand (as well as investments).

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                                                      • istanboys
                                                        Confirmed User
                                                        • Aug 2004
                                                        • 965

                                                        #28
                                                        I invest most of it back into the business. I just use what is left over to buy stuff, which can hardly be called an investment.

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                                                        • pornguy
                                                          Too lazy to set a custom title
                                                          • Mar 2003
                                                          • 62912

                                                          #29
                                                          Real Estate and Stocks.
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                                                          • shuki
                                                            Confirmed User
                                                            • Aug 2004
                                                            • 3070

                                                            #30
                                                            Real Estate for sure....looking at a nice development project right now.
                                                            Looking to buy established paysites contact me [email protected]

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                                                            • Bhunter
                                                              Confirmed User
                                                              • Dec 2006
                                                              • 1119

                                                              #31
                                                              - beer
                                                              - junk food
                                                              - hookers
                                                              <--- panties

                                                              I guess I'll never reach the top.







































                                                              No.. but seriously..

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                                                              • CDSmith
                                                                Too lazy to set a custom title
                                                                • May 2001
                                                                • 51460

                                                                #32
                                                                I'm invested in:
                                                                RSP's (as in Retirement Savings Plan)
                                                                Rental/revenue property
                                                                Mutual funds
                                                                Various stock investments
                                                                My business
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                                                                • halfpint
                                                                  GFY's Halfpint
                                                                  • Jun 2007
                                                                  • 15223

                                                                  #33
                                                                  No cause my misses spends all my money on shit things she dosent even need

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                                                                  • dcalm
                                                                    Confirmed User
                                                                    • Jun 2005
                                                                    • 250

                                                                    #34
                                                                    i'm saving up for underground bunker [but like 5 star hotel ;] in mountains... best investition: gold and ground.

                                                                    anywany - you know what killed fuckin' dinosaurs? i dont want it to kill me :D
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                                                                    • wild johnny
                                                                      Confirmed User
                                                                      • Nov 2009
                                                                      • 723

                                                                      #35
                                                                      Right now Bonds, general electric at 5.75% . and I have 1 rental property.
                                                                      Contact.....Johnny[at]wildg[.]com

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                                                                      • HerPimp
                                                                        Confirmed User
                                                                        • Mar 2006
                                                                        • 1197

                                                                        #36
                                                                        After bills are paid invest back in business and training. No hoarding. Never give up, Never surrender!

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                                                                        • Adraco
                                                                          Confirmed User
                                                                          • May 2009
                                                                          • 3745

                                                                          #37
                                                                          I make personal loans. People who for some reason can't loan money from a bank can take personal loans from me. The return is decent and somewhat predictable over the years. A little depending on the person, say that I charge around 20% interest rate on a yearly basis, about the same as a credit card. I count on loosing about 10% in defaults leaving me with around 10%. So far my average loss level is at 4.92% over the last five years, leaving an average of 15.02% profit over the last five years. And I have happy, returning cutomers too.
                                                                          ----------------------------------------------------------------------------------
                                                                          The truth is not affected by the beliefs, or doubts, of the majority.

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                                                                          • xxweekxx
                                                                            Confirmed User
                                                                            • Oct 2002
                                                                            • 6780

                                                                            #38
                                                                            so u have a payday loan company basically?
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                                                                            • Adraco
                                                                              Confirmed User
                                                                              • May 2009
                                                                              • 3745

                                                                              #39
                                                                              I gues you could compare it to a payday loan, but I usually make quite large loans and over a period of 24 to 60 months usually.
                                                                              ----------------------------------------------------------------------------------
                                                                              The truth is not affected by the beliefs, or doubts, of the majority.

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                                                                              • jerryb
                                                                                Confirmed User
                                                                                • Feb 2005
                                                                                • 588

                                                                                #40
                                                                                Physical Gold --- no paper gold. Have 241 oz at present and couple more coming in in a couple days. Solid hands on physical Gold is breathtaking. :-)
                                                                                - -

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                                                                                • fuzebox
                                                                                  making it rain
                                                                                  • Oct 2003
                                                                                  • 22353

                                                                                  #41
                                                                                  Originally posted by will76
                                                                                  not sure i follow, exactly.

                                                                                  If you talking about long term real-estate as far as rentals? it can be "passive" from a time standpoint, you could hire a handy man and/or prop manager to deal with everything so you don't have to be hands on. But you still have all the other risks, vacancy rate, cost for repairs, uncollected rent, etc etc... And now you have more costs because you have to pay someone to do that work, so your "deal" has to be that much better so it can at least pay for the mortgage muchless make you a profit.

                                                                                  Please explain what you thinking about as long term passive investment when it comes to real-estate. I don't know what else would be "long term" unless you were renting it. Building, fliping, etc.. are all short term. You wouldn't buy something and let it sit and do nothing with it for many years then sell it. The only long term passive real-estate investment I can think of is buying your own home.
                                                                                  The thread title was about what we invest our money in... Getting a mortgage to buy a rental property doesn't sound like investing money to me. I can only comment on what I've done...

                                                                                  In the last year, our two properties (which we paid cash for), have taken about 3 days of our time. We use an excellent management company who found good long term tenants, and after taxes, management fees, and expenses, have made 9% on the initial deposit. The end game of course is to wait until the real estate market and economy have recovered, and sell the homes at substantial profits (they were foreclosures of course), but until then I'm happy with a 9% return, which I am confident I will get on the third house I buy this week. This house will not be vacant for more than a week or two, it is in a desirable neighborhood, and we rent them out a couple hundred under market price.

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                                                                                  • JFK
                                                                                    FUBAR the ORIGINATOR
                                                                                    • Jan 2002
                                                                                    • 67373

                                                                                    #42
                                                                                    Originally posted by fuzebox
                                                                                    Will a lot of what you said seems to apply more to real estate as an active involvement business, but not as a long term passive investment...
                                                                                    But he is right in any case, you said you just bought another rental unit. Who is going to look after that ? So you do need to be actively involved in it, or have a property management co look after it for you

                                                                                    oops sorry, didnt see your post above ;)
                                                                                    Last edited by JFK; 02-03-2010, 07:46 AM.

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                                                                                    • McSpike
                                                                                      Confirmed User
                                                                                      • May 2001
                                                                                      • 1042

                                                                                      #43
                                                                                      stocks, bonds, biz. will be biz a LOT more from now on. way better shit than stocks and bonds and real estate all together.

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                                                                                      • Sid70
                                                                                        Downshifter
                                                                                        • Dec 2002
                                                                                        • 16413

                                                                                        #44
                                                                                        not earnig this much to call it investent whats left.
                                                                                        Русня, идите нахуй!

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                                                                                        • sologirlcontent
                                                                                          So Fucking Banned
                                                                                          • Jan 2007
                                                                                          • 2617

                                                                                          #45
                                                                                          Originally posted by will76
                                                                                          Do you...

                                                                                          - only invest your money back into your business ?

                                                                                          - invest into other things? if so what ?


                                                                                          just curious what everyone else does with their money after they pay their bills, or do you just use what is left over to buy stuff ?
                                                                                          Just started with Indie Horror movies..
                                                                                          The returns are very nice, a few more of these and I can be out of shooting adult completely, for now just juicing the content sales to throw into the movie production

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                                                                                          • Sausage
                                                                                            Confirmed User
                                                                                            • Oct 2002
                                                                                            • 3012

                                                                                            #46
                                                                                            Gold and also invested a lot in BP once the oil spill happened. Made a fuckton of money from both those investments !
                                                                                            IW
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                                                                                            • wild johnny
                                                                                              Confirmed User
                                                                                              • Nov 2009
                                                                                              • 723

                                                                                              #47
                                                                                              Was in the bond market, But when the short term loans on my rental property were maturing cashed the bonds and paid off the property.

                                                                                              As far as my online business. I do very little capitol investment at this time. Once or if some of domains get to a viable position I will then take them up to the next level. No hurries here.
                                                                                              Contact.....Johnny[at]wildg[.]com

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                                                                                              • sweetcuties
                                                                                                Confirmed User
                                                                                                • Feb 2002
                                                                                                • 5859

                                                                                                #48
                                                                                                Rentals (got a few) and stock

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                                                                                                • andrej_NDC
                                                                                                  Registered User
                                                                                                  • May 2004
                                                                                                  • 7760

                                                                                                  #49
                                                                                                  Foreclosure real estate

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                                                                                                  • andrej_NDC
                                                                                                    Registered User
                                                                                                    • May 2004
                                                                                                    • 7760

                                                                                                    #50
                                                                                                    Originally posted by jerryb
                                                                                                    Physical Gold --- no paper gold. Have 241 oz at present and couple more coming in in a couple days. Solid hands on physical Gold is breathtaking. :-)
                                                                                                    I hope you don't keep it at home.

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