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well givin our crazy $60 payouts way way too much LOL
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Everything into high end domain development projects right now.
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you gotta spend money to make money. i'd probably say about 30% or so for myself.
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around 75% of my monthly earnings stay in the corporation. The rest pays the rent, food, car payment etc.
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I try and put %80 back into the company but month to month things change once a month I sit down and plan for what i'll need for the month...
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the year pay all of it when back in to the biz . Now I would say 25% , if something stops growing it starts dying.
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I invest maybe 10% back.....I really should invest more.....:(
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From this avenue of income, I probably invest 60/40. :) |
It's all relative, 25% of ones persons money is different then 25% of someone elses money.:)
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worse comes to worst i can always move cakes :)
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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.
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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. |
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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.
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I ask Eva if we can afford a sandwich for lunch, if she say yes I invest in some bread.
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of course, there's no better investment than my business.
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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 -------------------------------------------------------------------------------- nice |
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