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-   -   if I handed you 50 000$ right now... (https://gfy.com/showthread.php?t=408321)

comeplay 12-25-2004 10:45 PM

Quote:

Originally Posted by El Maestro
okay, "comeplay"...here's my last idea that has not been done - yet. i am going to start this, but i don't have a date yet. the reason is, i want to try something else before i go back to "brick n mortar" business. brick n mortar is difficult to start, but very profitable in the long run, especially when you sell them.

basically my last idea is to start a store that caters to food stamp receipients, kind of like my WIC-only stores, but this one accepts only food stamps. the premise is the same, but this is an untapped market. i know, i've researched it for a long time.

the only problem is, you need to more start-up capital - i figure about $200k to do it right.

Dont think im against your idea but im just wondering what the benefit of having a foodstamp only store would be? maybe its different in other states but in maine they are given a foodstamp charge card which is refilled monthly then you use it in most any store unless they specificly stated on their door they dont accept it. And its for food items only non-candy alcohol and maybe even soda. So are you thinking of just putting every item that falls into the acceptable items list in this store so they just come once a month and buy everything and they know anything they pick up is covered or are you playing that maybe people dont want to be seen using them in regular grocery stores? if you want to discuss this in a non-forum setting hit me up on msn [email protected] or email [email protected] :)

Pornwolf 12-25-2004 10:45 PM

In Canada $50k will buy an entire block. I believe Drinkinghard already owns several acres of rental apartments.

Illicit 12-25-2004 10:46 PM

rental properties... people always need a place to live right

Chris 12-25-2004 10:48 PM

Seriously - invest in a poker / blackjack team :)

TheMob 12-25-2004 10:51 PM

a few guitars. with the rest i would buy everyone's sig and have them say bdjuf ownz me.. just to say thank you.

do i get the 50k?

escorpio 12-25-2004 10:52 PM

I think tattoo removal will be a huge business in years to come.

Spunky 12-25-2004 10:55 PM

Quote:

Originally Posted by Pornwolf
In Canada $50k will buy an entire block. I believe Drinkinghard already owns several acres of rental apartments.

Not in this part of Canada...maybe up north where the polar bears and walrus are your closest neighbours

Mr. Pat 12-25-2004 11:01 PM

i'd put it into my biz for some new equipment

Rantan 12-25-2004 11:11 PM

id put like 10k in the bank, 5 k in the stock market(maybe) and the rest would go to one of my crazy ideas for making more money.

emthree 12-25-2004 11:11 PM

Quote:

Originally Posted by lil2rich4u2
what is timeframe?

if i had 6mo id throw it on SIRI at current price, as soon as stern goes live that stock will be $20+

I doubt 20+ within 6mos, but it would make a nice jump.
Did you do your research on this? Would now be a good time to buy in, while riding this current spike? I might buy some on monday, need to do some quick research first though. :upsidedow

further info would be appriciated. :smilie_we

comeplay 12-25-2004 11:15 PM

how couldn't their stock go up? they have a complete lock on howard stern for the next 5 years. if they are promising someone 500 million dollars over 5 years then they must have done some number crunching.

woj 12-25-2004 11:27 PM

stocks :thumbsup

I Like Chocolate 12-25-2004 11:30 PM

mostly natural gas, oil and uranium stocks as energy will be the big play in 2005. Long term gold is going over $1000+. Also the stock of the year in 2005- CBTE

Kard63 12-26-2004 12:39 AM

Quote:

Originally Posted by El Maestro
open up a W.I.C. (women, infant, children) only store. they're federally funded and state operated, but the stores are privately owned. the premise is, you give food in exchange for checks issued by the government. i should know, i had several, but was stupid and sold them all for a huge profit. you can start one for about $25k each.


Hey look what I found:
http://www.fns.usda.gov/wic/fundinga...grants2004.htm

Ok. Why they hell does Unlce Sam operate them but not own them? Break it down for me.

Thanks

Kard63 12-26-2004 12:41 AM

This is the Indiana link ... eh
http://www.in.gov/isdh/programs/wic/index.htm

Serious-Partner 12-26-2004 12:50 AM

I'll buy content for three sites for my partnership program and make 3x cash =)

pxxx 12-26-2004 12:53 AM

Quote:

Originally Posted by KRL
I'd buy some more domains

I would probably do the samething here.

theking 12-26-2004 01:02 AM

Quote:

Originally Posted by bdjuf
how would you invest it?

and remember, you DO have something to lose, so don't tell me you'll put it on Black...

if you had 50 000$ and only 50 000$, how would you invest it personally?

A resonably safe investment is to invest in mutual funds and 1 or 2 higher risk stock investments. If invested right it will return about 1,000 per month in dividends...and the principle will stay in tact and probably grow. Of course it will grow faster if one does not touch the dividends.

sean416 12-26-2004 01:08 AM

Quote:

Originally Posted by emthree
With 50k? :helpme
note: I live in NY (50k cant even get you a bedroom)


can you hit me up on icq please?

El Maestro 12-26-2004 01:15 AM

Ok. Why they hell does Unlce Sam operate them but not own them? Break it down for me.


it's simple. per my government rep, the government doesn't want to operate a WIC store because, government is not good at running a business. what government is best at is, raising taxes and spending money for programs they believe are good.

think about it. you've dealt with government entities before (DMV, Traffic Court, etc) - how were they operated? very poorly. can you image if they try to operate a business. heck, they cannot even start a new section of government without messing it up (reference: tsa).

so does that make things "clear as mud?"

S P A N N O W 12-26-2004 01:15 AM

Dump it straight into my IRA - like I never even had it! :thumbsup

comeplay 12-26-2004 01:21 AM

Quote:

Originally Posted by Kard63
Hey look what I found:
http://www.fns.usda.gov/wic/fundinga...grants2004.htm

Ok. Why they hell does Unlce Sam operate them but not own them? Break it down for me.

Thanks

so much money, i want it all

com 12-26-2004 01:28 AM

smack or blow

azguy 12-26-2004 01:29 AM

Quote:

Originally Posted by comeplay
how couldn't their stock go up? they have a complete lock on howard stern for the next 5 years. if they are promising someone 500 million dollars over 5 years then they must have done some number crunching.

SIRI is a risk. I sold it at ~ $7.9 after I've had it since it was at $2.7. I rather put my money in other stocks these days.

comeplay 12-26-2004 01:33 AM

Quote:

Originally Posted by azguy
SIRI is a risk. I sold it at ~ $7.9 after I've had it since it was at $2.7. I rather put my money in other stocks these days.

do you ever sleep?

El Maestro 12-26-2004 01:35 AM

comeplay. i tried to email you, but it came back as a damen error.

please email me at [email protected]. thanks.

Manowar 12-26-2004 04:27 AM

Stock Market :xmas-smil

comeplay 12-26-2004 02:13 PM

Quote:

Originally Posted by El Maestro
comeplay. i tried to email you, but it came back as a damen error.

please email me at [email protected]. thanks.


i emailed you last night, did you recieve it?

aaron 12-26-2004 02:30 PM

i dont understand you people that want to invest in stocks. i am still learning but as of now i have no desire whatsoever to invest in the stock market. long term stock market investments just dont seem very good to me. TRADING however is a different story. i would probably invest it in rental property or starting a brick&mortar business.

i dont know about the rest of you but i want my investments to start paying off as fast as possible and with as much return as possible. stocks seem too slow and i may get in to them eventually but they arent on the top of my list.

shima 12-26-2004 02:31 PM

Fuck the stockmarket.
One day its going to blow up anyway.

A solid business would be a good solution.

crockett 12-26-2004 02:33 PM

Quote:

Originally Posted by comeplay
he said invest not buy yourself a house or car did he not?

yeas but buying hookers, cars and houses are all invesments on yourself :tongue:

pornguy 12-26-2004 02:33 PM

As long as there is no absurde time limit like 1 month, then I would go with 25k into mutual funds, and 25k into a project that I know I can turn over in 90 days for 2x the price.

mrbling 12-26-2004 06:25 PM

I have many 50k to invest and my thoughts on this are:

1) re-investing in the adult business is not easy said then done, first you need something that needs the investment, most businesses in adult online business requires skill and time, not money

2) stock market is a good business to Learn how to make money from, you won't make money within your first 2 years, learn how to do it professionally, do not gamble.
Stock market will be here till 2100 , if you know how to work the business, you'll have a 100% meal ticket for the rest of your life.

Do not buy siri now if you want to see your money in 6 months.

3) offline business - don't like unless its innovative

4) rental income properties - lame shit as well, 7-10% return at max these days, take off management fee, and other fees, you end up with around 4-7% ROI

Overvalued and not worth the time these days. Was good 8 years ago when ROI was around 15-20%
a $500k building would bring in $80k-100k PROFIT before taxes.
Now you are lucky to bring in 50k


Hope this helps, Merry christmas :xmas-smil

baddog 12-26-2004 06:28 PM

Quote:

Originally Posted by comeplay
he said invest not buy yourself a house or car did he not?


real eastate and some motor vehicles are investments

mrbling 12-26-2004 06:29 PM

Anybody with 100k+ (required for stock market investment)

I'll be willing to discuss investment strategy with you since its christmas :D
Be sure to bring your thinking cap


Leave your AIM/ICQ

comeplay 12-26-2004 06:53 PM

Quote:

Originally Posted by baddog
real eastate and some motor vehicles are investments

vehicles are the biggest waste of money ever invented. Besides the benefit of having transportation you are wasting money on gas, insurance, plus the more you drive your car the less it is worth, the longer you keep it the less its worth, if some stupid fuck were to hit you the less its worth, etc ,etc.

psyko514 12-26-2004 07:23 PM

i'd spend it on candy.

baddog 12-26-2004 07:26 PM

Quote:

Originally Posted by comeplay
vehicles are the biggest waste of money ever invented. Besides the benefit of having transportation you are wasting money on gas, insurance, plus the more you drive your car the less it is worth, the longer you keep it the less its worth, if some stupid fuck were to hit you the less its worth, etc ,etc.


You have obviously never been to a classic car or motorcycle show . . . some vehicles you don't drive.

http://209.126.180.115/elcam12.jpg
http://209.126.180.115/elcam22.jpg
http://209.126.180.115/elcam14.jpg
http://209.126.180.115/elcam11.jpg

baddog 12-26-2004 07:30 PM

Quote:

Originally Posted by comeplay
how couldn't their stock go up? they have a complete lock on howard stern for the next 5 years. if they are promising someone 500 million dollars over 5 years then they must have done some number crunching.


They are fucking idiots . . . which is probably something you can relate to.

comeplay 12-26-2004 07:46 PM

Quote:

Originally Posted by baddog
They are fucking idiots . . . which is probably something you can relate to.

yeah they usually are quite apparent as they are the first to call others idiots.


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