I'd have to say a few times a year I attempt some form of online expansion and then concentrate on the best long term prospect of the group.

Cool I do the same thing. Start like 3-4 little things and let the one run and kill the rest.

I'm slowly expanding my business, as i barely have time these days with full time school, so i pay my employees, bills, barely pay myself as i still have reserves from the old days, and the rest will be transfered into another corp that only does real estate.

I'm getting taxed too much on the gains i'm pulling from my current re-sale, i think it makes sense to use a corp to both protect my ass in case of shit happening and to save on taxes.

what about a house/condo, car.. ? No short plan for that..? Personally. this is where my money is going for the most of it...

After all the Visa shit last year I decided to invest my income in a totally different business. I bought a club with a couple of partners that has been doing very well. A lot more work than I was expecting, but feels great to have another source of income should either industry go tits up.

I ask Eva if we can afford a sandwich for lunch, if she say yes I invest in some bread.

of course, there's no better investment than my business.

And this is why real world assets will always rule over online ones.

quote:
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Originally posted by DrinkingHard
Don't mean to showoff.

I'm sure there are lots of people here that will be glad to flaunt their porches and bling bling cars. However if the internet crashed today, how many of them would still have those cars after a year.

Worse comes to worse, I have a roof over my head.

DH
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nice