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-   -   Do you invest some of the money you make? if so, what do you invest it on? (https://gfy.com/showthread.php?t=951649)

anexsia 10-26-2010 07:36 AM

I do some swing trading and a few longterm stock investments because I am always looking for ways to take the money I earn from my adult business and invest it to make even more money. I'm only 23 years old and I want to put away as much money as I can to help provide for my future goals what ever they may be.

Jon Oso 10-26-2010 07:36 AM

I've invested a few grand into foreign currency.

I have about 2 million in Iraqi Dinar for example that cost me about $1600. We'll find out in 30 years if it pays off haha.

I'm not at the point in life where I really want to deal with a bunch of investments, but it will be pretty interesting to see if or how much money I make off of buying currency from nations that are being rebuilt (allegedly).

strobi 10-26-2010 08:56 AM

I invest most of my money in stocks (I follow Warren Buffet over at gurufocus). And some hedge funds. also, my house is almost payed off, and I'm looking to buy a plot of land to build on... Rest I invest in my sites (a small portion).

pornguy 10-26-2010 08:59 AM

Back into the business as well as other things.

TheMan 10-26-2010 09:09 AM

Quote:

Originally Posted by Adraco (Post 16808496)
I make personal loans. People who for some reason can't loan money from a bank can take personal loans from me. The return is decent and somewhat predictable over the years. A little depending on the person, say that I charge around 20% interest rate on a yearly basis, about the same as a credit card. I count on loosing about 10% in defaults leaving me with around 10%. So far my average loss level is at 4.92% over the last five years, leaving an average of 15.02% profit over the last five years. And I have happy, returning cutomers too.


Got icq?

Redrob 10-26-2010 09:19 AM

When I retire in the future, real estate will give me a nice cash flow. I will have most paid off before I am 65 so it will just about all be gravy.

CaptainHowdy 10-26-2010 09:31 AM

Mamushkas...


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