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-   -   Reinvestment vs. Pocketing of earnings (https://gfy.com/showthread.php?t=847956)

Cyandin 08-14-2008 09:30 AM

Reinvestment vs. Pocketing of earnings
 
Of your monthly earnings, how much do you reinvest, and how much do you put in your pocket?

I'm interested to see how the more successful peoples strategies stack up next to that of the smaller/new people.

Cyandin 08-14-2008 09:41 AM

bump bump

MarcWomack 08-14-2008 09:58 AM

I reinvest every cent I can. Seriously, I'm young, I'm not living super-large. I'm more worried about living large when I'm old and the only way to do that is to invest now.

seeandsee 08-14-2008 09:59 AM

Sometimes lot, sometimes small amount

pornguy 08-14-2008 10:04 AM

You should mark a % of your income for reinvestment in what is getting you paid in the first place. The Profit that you keep is what you invest in other things.

Cyandin 08-14-2008 10:15 AM

Quote:

Originally Posted by pornguy (Post 14607794)
You should mark a % of your income for reinvestment in what is getting you paid in the first place. The Profit that you keep is what you invest in other things.

Solid logic.

So is there a predominant ratio of reinvestment into existing revenue streams | investment in new revenue streams | money in pocket?

notime 08-14-2008 10:25 AM

just pick any number you can miss from your bizz, pocket it without spending it. Keep that. Do it every month.
You never know what comes along your path!
you'll thank me later.

Barefootsies 08-14-2008 10:32 AM

Quote:

Originally Posted by MadisonAvenue (Post 14607770)
I reinvest every cent I can. Seriously, I'm young, I'm not living super-large. I'm more worried about living large when I'm old and the only way to do that is to invest now.

While I am probably a bit older, I do more a less the same thing.

Bossman 08-14-2008 10:35 AM

Save when the market is growing, reinvest when the market is slowing :2 cents:

LilBro 08-14-2008 12:04 PM

Quote:

Originally Posted by Bossman (Post 14607968)
Save when the market is growing, reinvest when the market is slowing :2 cents:


i dont understand why u would want to save when the market is growing? why not take advantage of that....

i think no matter what the situation, i am reinvesting year round... just pick wisely and do your research. No matter what, i always put 10% of earnings away into a separate account as well as my sofsep (401K).

marko13 08-14-2008 12:17 PM

i am trying to reinvest max 50% of mine revenues ... that is reinvesting money .... and i reinvest 100% of mine time for only working in this business...

After Shock Media 08-14-2008 02:14 PM

Reinvest 70%
Savings 20%
Income 10%

General breakdown.


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