Investment: So you have $10-20k and... - Page 2 - GoFuckYourself.com

minddust · 04-15-2008, 05:44 PM

fiddy

Barefootsies · 04-16-2008, 05:11 AM

Quote:

Originally Posted by halfpint

Invest it in a high interest bank account, and just let it sit there for a few years, thats what I would do anyway

Interesting suggestion.

John. · 04-16-2008, 07:07 AM

Quote:

Originally Posted by Insane Matt

I am very interested in investing in some type of reality also. Would like to know more about picking up a small complex of apartments.. I am only 20, possibly in the next 5 or so years

I wish I could buy some reality lol Do you know where it can be purchased?!

florin · 04-16-2008, 07:37 AM

hit the hookers...kidding(-:

CNN · 04-16-2008, 07:40 AM

Quote:

Originally Posted by Barefootsies

you are balancing out buying a new house. While you have some new projects moving forward that you budgeted for in 2008. You have some left over green. The objective is to add, or build more wealth. Stock market madness is not an option.

Do you take your extra money and...

1. Start more website project(s) you have been meaning to get around to.
2. Invest in rental property (mainly multi-unit)
3. Insert your Suggestion (other than giving it to you, or wiping with it).

Fire away.

1

more more sites

Barefootsies · 04-16-2008, 07:52 AM

Quote:

Originally Posted by John.

I wish I could buy some reality lol Do you know where it can be purchased?!

For those who missed it.

/sarcasm

Barefootsies · 04-16-2008, 10:14 AM

Quote:

Originally Posted by CNN

1

more more sites

That's what I have been doing for the past two years. However, you run into the "tangibles" issue when you are going to buy a new truck, jetski, house, etc.

That is what I am looking to eliminate. Not all, but a number of financial people will give you the lifted eyebrow at...

1. Self employed.
2. Internet business.

The Heron · 04-16-2008, 10:22 AM

Just build up a good credit score, the fuckers will give you anything then.

blazin · 04-16-2008, 10:46 AM

Rethink investing in stocks.... then choose one of the solars... JASO, TSL, STP, or LDK

Barefootsies · 04-16-2008, 07:39 PM

Quote:

Originally Posted by blazin

Rethink investing in stocks.... then choose one of the solars... JASO, TSL, STP, or LDK

I have a few friends playing the stocks, and some are losing their ass. My old roommate plays penny stocks. Whatever they are. He loses his ass in that.

Then I have a few others playing with REAL stocks, and they seem to be batting around 60% on those they pick that make money, and others where they lose their ass.

farkedup · 04-16-2008, 07:49 PM

Quote:

Originally Posted by The Heron

Just build up a good credit score, the fuckers will give you anything then.

if you haven't already setup either an S-Corp or an LLC. hide the self employed behind an actual corporation. NEVER tell them you're self employed. I'm nearby this poster so if he'd want a local number for somebody to use as a "boss" I can sound pretty serious most of the time.

In my case the second I got even close to a 700 score there really weren't any issues anymore. Once they gave me a card with over $10k available and no interest for a year they figured out how to get me LOL

If your concern is for a jet ski aren't those well under $10k anyway? Simply don't bother financing that kind of shit... buy used too!

Also if you're looking at starting some new sites hit me up... I'm a programmer and also looking for somebody to inject some cash and help with some work on 1 of my projects. I'm like under 20 minute drive from where you live ;)

OG LennyT · 04-16-2008, 08:04 PM

Quote:

Originally Posted by OG LennyT

Buy up some POT... great stock that keeps going up.

If you had taken my suggestion and bought $20k POT when the market opened on 4/15...

$183.58 a share on 4/15 = 108 shares rounded down to counter the 4.95 broker fee

$198.26 a share by close of market on 4/16 = $21,412, an extra $1412 in 2 days.. not too shabby

Barefootsies · 04-16-2008, 08:11 PM

Quote:

Originally Posted by farkedup

if you haven't already setup either an S-Corp or an LLC. hide the self employed behind an actual corporation. NEVER tell them you're self employed. I'm nearby this poster so if he'd want a local number for somebody to use as a "boss" I can sound pretty serious most of the time.

In my case the second I got even close to a 700 score there really weren't any issues anymore. Once they gave me a card with over $10k available and no interest for a year they figured out how to get me LOL

If your concern is for a jet ski aren't those well under $10k anyway? Simply don't bother financing that kind of shit... buy used too!

Also if you're looking at starting some new sites hit me up... I'm a programmer and also looking for somebody to inject some cash and help with some work on 1 of my projects. I'm like under 20 minute drive from where you live ;)

I just might do that mate once things settle down here. Just got done with taxes and dropping $7k over my quarterlies

. Now getting some advice from mortgage broker and bank on which way to go with the property.

Yeah, new Sea Doo runs about $8k. So will look for one a year or two old. Getting financed for that kinda shit is not a big issue. Just under 700, but once I get the credit card(s) below 50%, should be golden like the shower.

Already an LLC. However, I do not tell them "self employed". I list my business, and say I am the president, or some other officer. Means the same thing, but doesn't seem to ring the same bell. Very odd. The use of language.

It's been awhile since I have been to P2. Used to hang out there, and L back in the day. Easy pickens on the ladies.

Barefootsies · 04-16-2008, 08:15 PM

Quote:

Originally Posted by OG LennyT

If you had taken my suggestion and bought $20k POT when the market opened on 4/15...

$183.58 a share on 4/15 = 108 shares rounded down to counter the 4.95 broker fee

$198.26 a share by close of market on 4/16 = $21,412, an extra $1412 in 2 days.. not too shabby

Very nice man. Congrats!

BSleazy · 04-16-2008, 08:50 PM

Whatever happened to the Michigan webmaster gathering or whatever? Maybe I missed it.

Barefootsies · 04-16-2008, 09:14 PM

Quote:

Originally Posted by BCyber

Whatever happened to the Michigan webmaster gathering or whatever? Maybe I missed it.

I think they scheduled one two summers ago in Jackson, and then the organizer canceled, and no one rescheduled.

Jake the King · 04-16-2008, 09:53 PM

How can you pass up on a "sure thing" in the stock market?

Oh, I guess the trick is to KNOW the sure thing!!!

BSleazy · 04-16-2008, 09:54 PM

Quote:

Originally Posted by Barefootsies

I think they scheduled one two summers ago in Jackson, and then the organizer canceled, and no one rescheduled.

Ya I remember that. I think Marc De had something to do with it but he's done with adult now isn't he?

Barefootsies · 04-17-2008, 05:13 AM

Quote:

Originally Posted by Jake the King

How can you pass up on a "sure thing" in the stock market?

Oh, I guess the trick is to KNOW the sure thing!!!

I have yet to see or hear about any 100% "SURE THINGS" in the stock market.

Lykos · 04-17-2008, 06:23 AM

10-20k for a house??
Imposible,lol even here in Serbia,fucking imposible...
and to invest in bizz...maybe some side small projects,10-20k is nothing now a days

beemk · 04-17-2008, 10:04 AM

Quote:

Originally Posted by Lykos

10-20k for a house??
Imposible,lol even here in Serbia,fucking imposible...
and to invest in bizz...maybe some side small projects,10-20k is nothing now a days

i have closing documents to prove it on several houses.

Lykos · 04-17-2008, 10:09 AM

Quote:

Originally Posted by beemk

i have closing documents to prove it on several houses.

Damn,i should come there then and do real estate bizz,lol

Ethersync · 04-17-2008, 10:11 AM

Quote:

Originally Posted by Lykos

10-20k for a house??
Imposible,lol even here in Serbia,fucking imposible...
and to invest in bizz...maybe some side small projects,10-20k is nothing now a days

I bought a house 2 years ago for $30,000. I don't live there, I rent it, but still. It's not in the slums either. Small town USA

farkedup · 04-17-2008, 10:23 AM

head out to kansas and iowa and you'll find a bunch of $20k or less houses ;) I've thought about moving out there just because of reduced cost of living but in the middle of nowhere.

Barefootsies · 04-17-2008, 10:37 AM

Quote:

Originally Posted by beemk

i have closing documents to prove it on several houses.

It's not that hard to believe. We have 800-1100 sq ft, 2-3 bedroom, small bread boxes HERE You can scoop up for $40-50k.

I live in a nicer city (Portage) than the one just up the road (Kalamazoo). You can buy RENTALS for $50-60k in this college town.

If you go the next town over, to cereal city (Battle Creek) aka Crack. You can find even MORE deals.

We are talking about the decent neighborhoods. I can only imagine what you pick up in the slums.

Barefootsies · 04-17-2008, 12:01 PM

Quote:

Originally Posted by Ethersync

I bought a house 2 years ago for $30,000. I don't live there, I rent it, but still. It's not in the slums either. Small town USA

Good thinking hoss.

OG LennyT · 04-22-2008, 08:55 AM

Quote:

Originally Posted by OG LennyT

If you had taken my suggestion and bought $20k POT when the market opened on 4/15...

$183.58 a share on 4/15 = 108 shares rounded down to counter the 4.95 broker fee

$198.26 a share by close of market on 4/16 = $21,412, an extra $1412 in 2 days.. not too shabby

UPDATE

$183.58 a share on 4/15 = 108 shares rounded down to counter the 4.95 broker fee

4/22 - POT selling for $210 a share roughly x 108 shares = $22,680 so you made $2680 in a week.

04-16-2008, 07:37 AM	#54
florin Confirmed User Join Date: Sep 2007 Location: everywhere... Posts: 911	hit the hookers...kidding(-: __________________

04-16-2008, 10:46 AM	#59
blazin Confirmed User Join Date: Aug 2002 Posts: 2,781	Rethink investing in stocks.... then choose one of the solars... JASO, TSL, STP, or LDK __________________ I don't endorse a god damn thing......

04-16-2008, 08:50 PM	#65
BSleazy Confirmed User Industry Role: Join Date: Aug 2002 Location: USA Posts: 6,721	Whatever happened to the Michigan webmaster gathering or whatever? Maybe I missed it. __________________ icq 156131086

04-17-2008, 06:23 AM	#70
Lykos Too lazy to set a custom title Industry Role: Join Date: Apr 2003 Location: World Posts: 31,027	10-20k for a house?? Imposible,lol even here in Serbia,fucking imposible... and to invest in bizz...maybe some side small projects,10-20k is nothing now a days __________________

04-17-2008, 10:23 AM	#74
farkedup Confirmed User Join Date: Nov 2007 Location: Kalamazoo, MI Posts: 2,490	head out to kansas and iowa and you'll find a bunch of $20k or less houses ;) I've thought about moving out there just because of reduced cost of living but in the middle of nowhere. __________________ -- QUOTE ME IT MAKES ME FEEL SPECIAL --

04-15-2008, 05:44 PM	#51
minddust Confirmed User Join Date: Feb 2005 Posts: 2,438	fiddy

04-16-2008, 10:22 AM	#58
The Heron Confirmed User Industry Role: Join Date: Apr 2001 Location: Michigan Posts: 4,488	Just build up a good credit score, the fuckers will give you anything then.

04-16-2008, 09:53 PM	#67
Jake the King So Fucking Banned Join Date: Jul 2006 Posts: 207	How can you pass up on a "sure thing" in the stock market? Oh, I guess the trick is to KNOW the sure thing!!!