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Welcome to the GoFuckYourself.com - Adult Webmaster Forum forums. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please contact us. |
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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#101 |
Confirmed User
Join Date: Aug 2003
Location: Montreal!
Posts: 6,285
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100 millions bling bling
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#102 |
I'm here for SPORT
Industry Role:
Join Date: Jul 2001
Location: Phone # (401) 285-0696
Posts: 41,470
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something interesting - if you bought stock at the worst possible time - the DAY before the 1929 stock market crash- and diversified it across the top 200 companies ten years later you STILL would have received the equivalant of about 8% annual compounded growth on your money.
year to year it's risky, but over 10 and 20 year periods the stock market is very safe if properly diversified. what does that mean for large sums - well wihdrawing a set PERCENTAGE of the total every year - not a set amount - will maintain your wealth and allow you to continue to outpace inflation. long term inflation is 3-4% - assuming 8-9% on a WELL diversifed equity only portfolio, that means that a million cash withdrawing about 6-7 % will provide about $65,000 a year income adjusted to inflation every year for life - with some flucation up and down on the year depending on how good or bad the year was. what does that mean - a lot more money than I was hoping to put away - in other words more work for longer till i retire
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This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog. |
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#103 |
Confirmed User
Join Date: May 2003
Posts: 2,594
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are there really places where you can get a house for 10k with 8 bedrooms??
i have never heard of anything this cheap before, maybe im not understanding it right?
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new search |
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#104 | |
Entrepreneur
Join Date: Oct 2002
Location: USA
Posts: 31,429
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Quote:
I have one friend who bought 24 rental home properties. She thought it would be a breeze to find tentants. Well it wasn't as easy as she thought and she had some nightmare tenants in one that played every game in the book to stay in the house without paying. Others messed up her homes bad. Some of the homes she bought had roof problems. It was one thing after another and she's just about at the belly up point now where the bank is about to foreclose on a bunch of her properties. She just didn't plan her cash flow well. I lost $500,000 myself in a real estate deal that went south. So don't ever think real estate is a sure thing.
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#105 |
Entrepreneur
Join Date: Oct 2002
Location: USA
Posts: 31,429
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The real secret to maintaining it is to keep working.
When I was younger and tried the semi retirement thing, I started doing diversified investing and the returns sucked in comparison to what I could have done with that capital by just plowing back into businesses I knew and was good at. I've never been able to find anyone who could make me a return better than I could do on my own endeavors. Not a single one.
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#106 | |
Clueless OleMan
Join Date: Mar 2003
Location: ICQ - 169903487
Posts: 11,009
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Quote:
![]() Hire the right CFP (Certified Financial Planner or Firm) to work with the right law firm. The single biggest problem is picking the right people to help manage the cash. Actually the list is longer. You need more than one attorney. Estate planning is one, tax is another along with that CFP and CPA. Oh, a mil? not that much anyway these days. We just spent all that money on staff. |
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#107 | |
we'll miss you our friend. RIP
Industry Role:
Join Date: Sep 2001
Location: Fernie, BC
Posts: 25,115
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Quote:
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we'll miss you our friend. RIP |
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#108 |
Confirmed User
Industry Role:
Join Date: Feb 2001
Location: Vietnam
Posts: 815
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Investing in property is a must if you are in a high income earner. The government is basically paying you to invest! Plus with property you can leverage to the fuckhouse and have nothing come out of your pockets after rental yield and tax benifits.
If you had 1mil to invest the banks will lend you at least another 4 million keeping LoanValueRatio at 20% Even if the property market has a shit year and capital growth is only 3%, you have still made $150,000 in equity...put that same million in the bank at 5% you have only made $50,000 and then they will tax half of that. Property is very forgiving over time...you have to look at it as a 10-30 year investment. Not sure about Canada or US but in AU the average capital growth for residential property has been 12% PA over the past 100 years. |
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#109 | |
I'm here for SPORT
Industry Role:
Join Date: Jul 2001
Location: Phone # (401) 285-0696
Posts: 41,470
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Quote:
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This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog. |
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#110 |
Confirmed User
Join Date: Mar 2004
Posts: 898
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Buy multi-residential properties with cash flows. You can't loose.
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#111 |
Registered User
Join Date: Dec 2003
Posts: 20
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Invest...save...invest...and save some more. Pretty solid investments that gives atleast annual 50% ROI are:
http://www.superfund.com/ Trades http://www.investforclosures.com/ Real Estates The rich keep getting richer. |
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#112 |
Confirmed User
Industry Role:
Join Date: Mar 2003
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Posts: 7,197
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?Life is like highschool with money.? -Frank Zappa
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Amen |
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#113 |
Confirmed User
Join Date: Mar 2002
Location: Bangkok
Posts: 2,436
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just buy candy for the money
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#114 |
Registered User
Join Date: Mar 2004
Posts: 1
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We did 80%+ last year on the stock market last year with 10% max risk. The average person does not understand how easy this is and cannot comprehend numbers like this due to the fact that we are all fed financial bullshit all day. There are low risks traders doing 200%+
If you want some info on a hedge fund that will return 50%+ hit me up. |
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#115 |
Confirmed User
Join Date: Dec 2003
Location: Australia
Posts: 237
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Sorry, above post about Hedge Funds was from me. Just registered for a mate and it didnt log me out. If you got any questions let me know.
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#116 |
Too lazy to set a custom title
Join Date: Oct 2002
Location: Global Traveler
Posts: 51,271
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some thing are not meant to last.....
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#117 |
Registered User
Join Date: Jul 2003
Location: Behind Your Mom
Posts: 62
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