If You Had $1,000,000.00 In Liquid Assets Available?.. - Page 3 - GoFuckYourself.com

alias · 06-09-2011, 06:08 PM

Ballers.

The Porn Nerd · 06-09-2011, 06:19 PM

I just like the phrase "liquid assets". heh heh

Jake · 06-10-2011, 11:22 AM

Quote:

Originally Posted by Kenny B!

I'm not smart enough to win on the market, I've tried time and time again and admit the market plays me more than I play it. Yeah some stocks have done well and in good times most picks do well but when a correction comes the market taketh what it giveth. Everyone can make millions when it's play money and there's no emotion, try with real money then we'll talk.

What has worked for me and is working is real estate. I recently bought 3 houses in the phoenix area and am getting a great return. I'm not going to worry about the when and if on the appreciation, it'll come and until then the rent is keeping me mighty happy.

To answer Dereks question about GFY members with a real estate license I know of one and I've bough through him already on numerous occasions!

Glad to hear those properties are working out for you! From what I've seen on-line, based on the current asking prices, it looks like you can't go wrong with a lot of the Phoenix area properties.

KillerK · 06-10-2011, 01:33 PM

I would go and party Charlie Sheen style! With a Million bucks he'd probably even party with you.

qwe · 06-10-2011, 01:42 PM

Quote:

Originally Posted by Jake

Glad to hear those properties are working out for you! From what I've seen on-line, based on the current asking prices, it looks like you can't go wrong with a lot of the Phoenix area properties.

with properties there are a lot of fees/taxes when buying, then you will need to spend to maintain them over the years.... then you need to deal with renters and their bs, if something breaks you need to be there to fix it, unless you get a manager(but that will defeat the purpose).. over a LONG term you should defiantly make money, but let's say you need cash in 5 years (shit happens), you will need to pay alot to sell it, hopefully housing market improves (people been saying housing bottom since two years ago, and now it went even lower), now your houses seen as investment and you will need to pay capital gain tax if you make a profit, etc, etc....

MrMaxwell · 06-10-2011, 03:15 PM

Quote:

Originally Posted by qwe

with properties there are a lot of fees/taxes when buying, then you will need to spend to maintain them over the years.... then you need to deal with renters and their bs, if something breaks you need to be there to fix it, unless you get a manager(but that will defeat the purpose).. over a LONG term you should defiantly make money, but let's say you need cash in 5 years (shit happens), you will need to pay alot to sell it, hopefully housing market improves (people been saying housing bottom since two years ago, and now it went even lower), now your houses seen as investment and you will need to pay capital gain tax if you make a profit, etc, etc....

If you bought them right and factored everything in (especially vacancy rate) and qualified your tenants properly.. you should be fine.. This can be done even with the steep management company costs but you definitely have to buy right and on the right terms..

If you didn't buy at a stupid price in a stupid area to buy in, after five years, you should have a lot of equity you can go back in and borrow against. That way you get that "cash" you needed out of the properties WITHOUT paying any taxes (you may even end up writing the interest off)

If you have properties it's always good to have an open HELOC here and there for your "just in case" money

cam_girls · 06-10-2011, 05:51 PM

Buy this house

Do some free land clearing

Sell beach front house for $5 million!

Jakez · 06-10-2011, 06:09 PM

Quote:

Originally Posted by cam_girls

tube.com

Send 1,000,000 hits/day to CamGirls.com

Buy Island

I can't believe you're serious. Oh wait, yes I can.

In case you really are too stupid to understand: if you had $1 mill to buy tube.com you would be doing the exact same thing you did with camgirls.com - sitting on a nice domain that is totally useless with no traffic.

cam_girls · 06-10-2011, 08:53 PM

Quote:

Originally Posted by Jakez

I can't believe you're serious. Oh wait, yes I can.

In case you really are too stupid to understand: if you had $1 mill to buy tube.com you would be doing the exact same thing you did with camgirls.com - sitting on a nice domain that is totally useless with no traffic.

About 1,340,000,000 results (0.10 seconds) for "tube"

a billion results should have a type in or two to get started!

arock10 · 06-11-2011, 06:29 AM

Or just buy tube777.com for $9 and spend $999,991 on traffic

jimmycooper · 06-11-2011, 07:31 AM

Quote:

Originally Posted by Jake

I was doing quite well with Iron Condors a few years ago. I only traded the indices rather than individual stocks. Unfortunately since the "crash" I gave up on Iron Condors due to the volatility that has taken hold in the "post-crash" market.

Prior to the crash it was pretty easy to make consistent profits (mostly on the S&P and the RUSSEL) because the market didn't jump all over the place every time some small piece of economic data was released. Sure it moved on the major reports however these days you get the same size moves on even the most inconsequential report or even some news story of political unrest in some country that has absolutely no impact on the U.S. economy.

Yeah, the premiums were a lot lower back then due to the lower volatility however I'll take lower premiums that are consistent winners month-after-month over larger inconsistent premiums any day of the week. It's all about risk/reward. Even with the most complex repair strategies I've had a really hard time making any money with IC's since the crash.

Have you been trading them in the post-crash market? If so any particular tips?

To be quite honest, I've only done 3 iron condor trades. All with SPY weekly options within a 4 week period earlier this year. Here's a sample trade for March that I found in my email.

Put Side:
Sell SPY March 126 Put +.64
Buy SPY March 124 Put -.37
Net credit = .27

Call Side:
Sell SPY March 135 Call + .10
Buy SPY March 133 Call - .03
Net credit = .07

All 3 trades were successful, but the last two were pretty stressful to wait out,so I've decided to just stick with writing covered calls on EEM every month,as boring as that may be, until I have more non-investment related income coming in and can trade with more confidence.

jimmycooper · 06-11-2011, 07:33 AM

Quote:

Originally Posted by Shane_2ptoh

you know point 5 and 7 are the same right.

Yep. Once before my trip around the world and once when I get back!

anarchy · 06-11-2011, 09:04 AM

$100k in bitcoins (it has huge potential)
$500k I would leverage to buy $2,5 million of real estate that is rented out for at least 10%/year profit so you keep half and pay the other half back for the loan
$400k Would be put in various startups that I believe in completely (probably do it myself)

DaCaptain · 06-11-2011, 09:42 AM

I'd put $500k in the Hartford Director's Mutual Fund and $500k in Walmart stock.

Jakez · 06-11-2011, 12:46 PM

Quote:

Originally Posted by cam_girls

About 1,340,000,000 results (0.10 seconds) for "tube"

a billion results should have a type in or two to get started!

WTF DOES THAT MATTER? NO ONE IS SEARCHING GOOGLE FOR "tube"! Do you see porn.com listed on Google for "porn"? More people type in "facebook" in google to get to facebook than people typing in facebook.com into their browser.

Get a fucking clue man and stop doing this to yourself.

lagwagon · 06-11-2011, 12:50 PM

Quote:

Originally Posted by Jake

I had a fairly large position in Apple that I sold at $87 when I liquidated a large chunk of my stock portfolio (based on advice from a very successful CFP) when things started looking pretty bad a couple of years ago. At the time I was on top of the world thinking I timed my exit perfectly however we all know Apple is worth nearly 4 times that now.

I did the same thing, freaked out and took my money I had in APPL out. I would have about 2.5M in apple if I would have left it alone

Theo · 03-06-2015, 10:24 PM

Quote:

Originally Posted by AVN Theo

wait for facebook ipo

3 years after the initial offering, price is double, an annual 33%

RummyBoy · 03-06-2015, 10:35 PM

Quote:

Originally Posted by AVN Theo

3 years after the initial offering, price is double, an annual 33%

So cash out and you now have $2 million.

(1) Id put $500k in Alibaba

(at some point below the current market price $84 which isn't far from the IPO price)

(2) Id put $500k in Gold and Gold mining stocks (dirt cheap)

(3) $1 million on some decent real estate in a sweet chicky location.

Theo · 03-06-2015, 11:28 PM

For the next 3 years

Stock # RISK FACTOR Portfolio
CASH NONE 0.3
FB MID-HIGH 0.05
APPL MID 0.1
GOOG LOW 0.2
TSLA HIGH 0.03
BRK.B LOW 0.2
SP 500 INDEX LOW 0.12

it should bring a 15-18% annual avg return, if there's a mini stockmarket crash, hold for 1-2 more years. Not bad counting you keep 30% cash for opportunities arising like FB going public. I would bet against GoPro if it's not too late to do that

06-09-2011, 06:08 PM	#101
alias aliasx Join Date: Apr 2001 Posts: 19,010	Ballers. __________________ https://porncorporation.com

06-09-2011, 06:19 PM	#102
The Porn Nerd Living The Dream Industry Role: Join Date: Jun 2009 Location: Inside a Monitor Posts: 19,490	I just like the phrase "liquid assets". heh heh __________________ My Affiliate Programs: Porn Nerd Cash \| Porn Showcase \| Aggressive Gold Over 90 paysites to promote! Skype: peabodymedia

06-10-2011, 05:51 PM	#107
cam_girls So Fucking Banned Industry Role: Join Date: Apr 2009 Posts: 2,968	Buy this house Do some free land clearing Sell beach front house for $5 million! Last edited by cam_girls; 06-10-2011 at 05:53 PM..

06-11-2011, 06:29 AM	#110
arock10 Confirmed User Join Date: Jan 2006 Posts: 6,218	Or just buy tube777.com for $9 and spend $999,991 on traffic __________________ Sup

06-11-2011, 09:04 AM	#113
anarchy Confirmed User Join Date: Jun 2003 Location: Anarcho-capitalist libertarian Posts: 378	$100k in bitcoins (it has huge potential) $500k I would leverage to buy $2,5 million of real estate that is rented out for at least 10%/year profit so you keep half and pay the other half back for the loan $400k Would be put in various startups that I believe in completely (probably do it myself) __________________ http://www.lewrockwell.com

06-10-2011, 01:33 PM	#104
KillerK Confirmed User Join Date: May 2008 Posts: 3,406	I would go and party Charlie Sheen style! With a Million bucks he'd probably even party with you.

06-11-2011, 09:42 AM	#114
DaCaptain Confirmed User Join Date: Nov 2007 Location: In the South. Posts: 797	I'd put $500k in the Hartford Director's Mutual Fund and $500k in Walmart stock. __________________ Email me at jeff at rouge dot net

03-06-2015, 11:28 PM	#119
Theo HAL 9000 Industry Role: Join Date: May 2001 Posts: 34,524	For the next 3 years Stock # RISK FACTOR Portfolio CASH NONE 0.3 FB MID-HIGH 0.05 APPL MID 0.1 GOOG LOW 0.2 TSLA HIGH 0.03 BRK.B LOW 0.2 SP 500 INDEX LOW 0.12 it should bring a 15-18% annual avg return, if there's a mini stockmarket crash, hold for 1-2 more years. Not bad counting you keep 30% cash for opportunities arising like FB going public. I would bet against GoPro if it's not too late to do that