How to make $3,000 a year from $10,000

[hayabusa]

Well being in the middle of financial district of New York had thought me something. There are certainly lots of Fat Cats here and they are certainly living a good life and almost all of them are filthy rich.

I met with many of them and I usually ask the same question " what the hell you doing that makes you so rich . I want to know! " They usually say "hard work, stock market, bla bla bla all the bullshit" they say give me your money I will invest it for you and you get 2-5% return which I averaged about 3% in 8 years. Stocks are bull crap.

I am making good living but I work my ass off to do what I do everyday(web services and products). I was investing my money in stocks, mutual funds, REIT, and some in log term CDs . Well let me tell you something they are whole bunch of Crap compare to what I am about to tell you.

This time I asked the right question to right person. Richard T. 24 years old freaking genius, filthy rich millionaire SOB.

My question was " how can I make money with my money? and What do you do with your own money? ( lol, I bought him a sushi lunch that ********ing cost me $142 in Soho )

He told me about, personal and credit card instruments .

Long story short I am making about $12,000 a year from my $40,000 and I started with $1000 I kept reinvesting for 6 months then I moved all my investments to him. I am still reinvesting and plan on doing for about 5 years.Now, I do this privately with him but you can go ahead and discover yourself on what I am talking about.

 Personal Loans and Credit Card financing to low credit individuals.

Note:
I will not provide any link to any websites or reference and recommend to any individual. This thread is not a solicitation of any product or person. This is strictly an experience and I am sharing with my fellow Black Hatters.
But if you have money to invest PM me with your questions.

 

[wyomble]

So you are lending money to individuals with a high risk of default. Why not simply invest in web business? That's what I do and my return is about 50% per year.

 

[hayabusa]

I also invest in Web Businesses.

There is no such a thing as %50 return. Show me one investment you made that delivered that return. Never heard of!

I would love to hear your story, Please share

 

[DigitalGangster]

I also invest in Web Businesses.

There is no such a thing as %50 return. Show me one investment you made that delivered that return. Never heard of!

I would love to hear your story, Please share

Dude honestly , you have no idea what you are talking about.

If you invest into some good SEO you can easily get 300% return investment in a year, some even make 400% and up. Now thats SEO if you decide to invest it into some more blackhat you can easily make 1000% your investment in a few months, or LESS!

If you think am full of bs, do you really think those guys that even have the whitest white hat projects have a 50% return investment on their money?

Now Internet Marketing can make you filthy rich, you just need to know how to apply it. Right now I already had the taste of blackhat money when facebook was super easy to make money, i might not be in the same position but i love making money using black hat . Now i need to make sure i dont go spend my money right away like i did .

 

[bertbaby]

Actually there is lot of money to made off the cash strapped. Pawn brokers, gold resellers, furniture and appliance rentals, ...you name it. Still default is always a problem and collections can be a bitch without muscle. Then again you might be working somebody's territory and that's a whole another issue particularly in the city. I don't know, the guy who had the idea about booking a string of strippers for bachelor parties is looking better and better. At the worst, all you get involved with is some beer muscles and some neurotic girls.

 

[hayabusa]

Look, I do SEO services, I have products I sell. This is not what we are talking about here.

It is an investment from your earnings to make good investment. Simply Mr. Smart man. It is not that you need to work It is to have your money work.

I am hoping you know the difference.

 

[hayabusa]

Hey, Thanks for your respond.

No, It is bigger and nationwide legimate business.That is how Capitol One started anyways

Actually there is lot of money to made off the cash strapped. Pawn brokers, gold resellers, furniture and appliance rentals, ...you name it. Still default is always a problem and collections can be a bitch without muscle. Then again you might be working somebody's territory and that's a whole another issue particularly in the city. I don't know, the guy who had the idea about booking a string of strippers for bachelor parties is looking better and better. At the worst, all you get involved with is some beer muscles and some neurotic girls.

 

[clyde]

This sounds like managed loansharking fund.

 

[Whisker]

micro lending

 

[hardinflash]

This has scam written all over it. I sure hope nobody is dumb enough to ask you about the details. There are plenty of easy and legit ways to invest in legitimate high risk debt and make money. you don't need to be a rocket scientist either all you need is a TDAmeritrade account or Etrade or some other broker. just run a simple stock screen for closed end debt funds. With credit being fairly tight I'm sure there's some good pickings to had as well. A lot of those funds even pay the dividends on a monthly basis. Just make sure to diversify, I'm sure if you look at a few charts you can clearly see what happens when companies can't pay the debt that a fund has invested in.
Posted via Mobile Device

 

[lmtiger47]

Well how is that a good opportunity? Big questions remain, how do you make people pay you when they can't and how many times does it happen?

 

[oxonbeef]

Isn't this what caused the whole financial mess the world is in now?

 

[xthoms]

Good job making that kind of money. I thought about entering the stock market myself, but playing on demo accounts i found that it was too risky. but have u tried bots that do it for u ?? well that would be forex trading, but have any of u tried them? they promise a lot but it all seems too good to be true..

 

[minute80]

Bots don't work in that kind of situation, since the movement of the market is influenced by concrete real world events. To be more exact, if your bot cannot fetch,digest and act upon news, than you would have better luck making a roulette bot (impossible).

 

[angelas111]

Isn't this what caused the whole financial mess the world is in now?

pretty much unless they have some effective methods of collection.

 

[wyomble]

I also invest in Web Businesses.

There is no such a thing as %50 return. Show me one investment you made that delivered that return. Never heard of!

I would love to hear your story, Please share

I buy websites that are already making money. In the past year I've spent about $75,000 on them and made $40,000 or so. It's still a spare time thing for me but in the next couple years It will be my full-time income. I'll simply reinvest the profit into additional websites. 95% of websites for sale are junk and that's why people think you can buy sites for 8x monthly revenue. Good sites with long term revenue potential go for 18 - 24x monthly profit.

 

[hayabusa]

Scam! WTF are you talking about. Where did you get that idea. It is about making personal loans (24hrs loan approval programs) that is %100 legit also teaming up with high risk credit card investment.

You can invest with anybody you like.

I am sure you are not that dumb to know what we are talking about.

This is just a information to give ideas to people in here to dig in some thing I found beneficial.

After reading some of the comments that is made here. I am seriously considering leaving the forum altogether. Some of you guys must of live under a rock or something.

If you don`t know about the subject , do me a favor Do NOT comment.

This has scam written all over it. I sure hope nobody is dumb enough to ask you about the details. There are plenty of easy and legit ways to invest in legitimate high risk debt and make money. you don't need to be a rocket scientist either all you need is a TDAmeritrade account or Etrade or some other broker. just run a simple stock screen for closed end debt funds. With credit being fairly tight I'm sure there's some good pickings to had as well. A lot of those funds even pay the dividends on a monthly basis. Just make sure to diversify, I'm sure if you look at a few charts you can clearly see what happens when companies can't pay the debt that a fund has invested in.
Posted via Mobile Device

 

[hayabusa]

Very interesting. How do you appraise websites. After using few brokers, I am kind of stuck with their report. It looks like, it could easily be tweaked. Plus, SEO expense on those websites usually eats up the profit, and it is not easy to flip them again.

Would you explain , how do you or plan on overcoming those problems.

I buy websites that are already making money. In the past year I've spent about $75,000 on them and made $40,000 or so. It's still a spare time thing for me but in the next couple years It will be my full-time income. I'll simply reinvest the profit into additional websites. 95% of websites for sale are junk and that's why people think you can buy sites for 8x monthly revenue. Good sites with long term revenue potential go for 18 - 24x monthly profit.

 

[hayabusa]

In US if you have less than 600 credit score it is considered high risk. Before the housing market crash only 43% of US residents had a credit score that is less than 600.

since 2008 there are increasing numbers of people gone into the pool of high risk . To be specific 76%.

Now lending to high risk consumers is 8 billion dollar business. If anybody know about Capital One bank story , they will know what I am talking about.

I am not talking about personal lending money to a friend or loansharking. I am talking about using your money to make more money by investing into this specific field. I am also not recommending or servicing to anybody.

So some of the comments about my post is little off the chart made by some dummies.

Dig into it and invest wherever you want or just learn about it.

pretty much unless they have some effective methods of collection.

 

[hayabusa]

Thank you.

micro lending