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$45,000 to invest: what would you do if you were me?

Discussion in 'Making Money' started by JimmyTwoTimes, Jun 8, 2017.

  1. JimmyTwoTimes

    JimmyTwoTimes Registered Member

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    Like the title said, I am in a very lucky position to have cash to invest in IM.

    I've had mixed experiences with IM. I've invested countless hours in IM and my current position is that I earn anything about $10 - $40 a day which is ok I guess.

    I know from experience how easy it is to spunk money against a wall on crap - but if you had cash to invest what would you do?

    Just wondering if anyone can share a similar experience and share what worked/ didn't work for them.

    Thanks
     
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  2. savobaby

    savobaby Regular Member

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    meth, invest in meth
     
  3. Dagreyon

    Dagreyon Jr. VIP Jr. VIP

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    Not post about that here... RIP to your inbox. Honestly, invest in starting a company with something you're passionate about. Definitely don't listen to what people are about to PM you though, most will just be trying to scam you.
     
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  4. savobaby

    savobaby Regular Member

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    On a serious note, have a browse through Flippa and look for websites that make a good profit and buy a couple and have money on auto pilot + build onto them for extra $$
     
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  5. 44hz

    44hz Newbie Premium Member

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    Cryptocurrencies, my friend. Bitcoin or Monero.
     
  6. soccerlover

    soccerlover Jr. VIP Jr. VIP

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    I would give to CEOSAM and then will sit and relax :p

    PS: I'm joking, last time I said this and that guy really gave $2k to him and got nothing in return xD
     
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  7. JimmyTwoTimes

    JimmyTwoTimes Registered Member

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    100% agreed about ignoring PM messages.

    I thought about Flippa and am very convinced about that - but - Due Diligence is critical - I'd be very cautious about buying a business; after all, if it was so successful then why is the seller selling it? I guess the key there is to be able to see something the seller has not - and then spin it up...
     
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  8. Jayder

    Jayder Jr. VIP Jr. VIP Premium Member

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    Because 'they are too busy with other projects'
     
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  9. joseph15

    joseph15 Regular Member

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    Honestly, In my opinion the best way to use any sum of money is within your own business or ventures. If that's not something that currently applies to you, just hold onto your money until the opportunity presents itself.

    I know things like bitcoin and stocks are tempting, but I wouldn't suggest investing in anything like that UNLESS you're mentally prepared to lose that money. Many people here claim to be experts and that bitcoin won't ever go down, but anyone who has a decent amount of knowledge on these things knows that anything can happen.

    Invest your money in things you directly control, that way you get out exactly what you put in, and you have nobody to blame but yourself if things don't go your way ;)
     
  10. creator09

    creator09 Registered Member

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    If u didn't earn that 45k its gonna be very hard to double ur money without knowing about business and there's a lot of broke snakes that will promise bs ROIs.
     
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  11. IamNRE

    IamNRE Jr. VIP Jr. VIP Premium Member

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    Set up a LLC or another legal entity and put $35k as equity. Raise another $35k from a lender. Takes you up to $70k, then find a online business that is for sale for around $100k. Pay them $70k - ask the last $30k to be covered by seller's finance.

    And you should be able to get a business that is generating around $7k/month.

    Pay of the loan - hire an agency to help you build a funnel and manage your ads - and scale the shit up once you have paid of a good chunk of the loans.
     
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  12. pressrelease

    pressrelease Power Member

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    Invest in crypto currency.
     
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  13. JimmyTwoTimes

    JimmyTwoTimes Registered Member

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    I hear you....

    I've lost $ and made $ - one of my most successful ventures was selling the famous blue pill - and it was done legally in the UK but that market and game is over and has been for a very very long time (but that's a long story).

    I made some great money but I invested it in a few niches where (in hindsight) there isn't much of an urgency to buy - and that's where the blue pill mentioned above works (worked) so well - b/c there was urgency - i.e. you have a hot date and you'll need repeated boners - sorry but that's the case....

    Anyways I digress....
     
  14. JimmyTwoTimes

    JimmyTwoTimes Registered Member

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    I think the key here is to go after three areas:

    - Wealth
    - Health
    - How To Make Money

    Those always seem to do well.........

    Need to find people with a buying mentality and urgency - that's key and the biggest challenge IMO...
     
  15. JimmyTwoTimes

    JimmyTwoTimes Registered Member

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    Thanks...what you posted is definitely smart.

    Key here must be identifying a business for sale.

    What do you check for when it comes to DD (Due Diligence) aside from the obvious? By obvious I mean domain blackisting/ checking whois/ background check etc - is there anything that jumps out?
     
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  16. UnluckyGuy

    UnluckyGuy Jr. VIP Jr. VIP

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    ^ How to lose all your money and get 65k in debits tutorial, fool proof.

    Srsly, if you wanna do IM for a living, knowledge is more important than money. Read the forums and find something you feel that you are confident about and can make good profit with.
    There are plenty of methods out there.. traffic arbitrage, aff marketing, seo, social media marketing and the list goes on and on.

    What I'm saying is, DON'T invest that money until you have the knowledge and confidence to turn it into a good investment.
    Find a method, bust your ass, make it work and use that money to scale it.
     
    Last edited: Jun 8, 2017
  17. Debian

    Debian BANNED BANNED Jr. VIP Premium Member

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    I was going to say crack, but meth works just as well. Triple that $45k to $135k in a single weekend. :)
     
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  18. UnluckyGuy

    UnluckyGuy Jr. VIP Jr. VIP

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    Or just buy ETH.
     
  19. Fragmaster

    Fragmaster Jr. VIP Jr. VIP

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    You got that right. Buyer intent is huge factor, most important one. Sense of urgency can be faked, and augmented with hot deals, % OFF promotions etc..
    I wouldn't buy entire business if i was you, i would build it from scratch.
    Its not that hard.
    Step 1) do some split testing, pick 3 products, acquire small quantities of them, build 3 webshops, promote them on social media.
    Step 2) Optimize the ads, measure results.
    Step 3) Continue working with best performing niche/product. Stop wasting time on other 2
    Step 4) Improve site, do serious improvements in social media presence, be responsive to customers, improve content, logistics, build a story, brand, find supplier
    All these things are natural, but people get stuck in the analysis or fear of losing money, they really do. I know i did. Thats why every step here limits your spending risks until you find what works best for you.
     
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  20. blizz3010

    blizz3010 Power Member

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    My opinion. Lurk Forums for next 3 months. Budget your money. Experiment with few methods. See which one you interest you the most. Beware on flippa IMO.