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Advice for me? Don't want a business, just long term personal investment

Discussion in 'Business & Tax Advice' started by florflor, May 15, 2016.

  1. florflor

    florflor Senior Member

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    Hey guys,

    I used to do IM but no more. I prefer the day job and also the regulations to run a business where I live are very high. It is not like the US or more business-liberal countries.

    So I'm not interested in regular business i.e. trading, piecemeal income and expenditure.

    I'm looking more to just make investments. And in actual fact, I don't even particularly want a regular return. I'm happy just to make long term capital gain.

    I know there is investing in the stock market but is there any alternative in the IM world?

    For example, I know domains long term buy and hold is one. For example, in the UK (just to name one country as an example) if you buy and sell domains regularly, it is considered taxable business income. But if you buy and hold for the long term, when you sell up you need only pay any capital gains tax above the personal threshold. So it is not considered to be "running a business".

    Are there any other such opportunities like this available? I'm in it for the long term and don't need instant returns but I do need something stable. I'd rather not build a white hat authority site as I've played that game before and it's just not for me. Simple is better.

    Hopefully we can brainstorm a few ideas and help others out too.

    thanks
     
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  2. InnovativeSEO

    InnovativeSEO Senior Member

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    Assuming you are serious & I felt comfortable once we spoke, I built a successful niche with professional clients & now have decision makers in Fortune 500's I work with. I am at the beginning stages of how to best sell my blueprint, but I am legitimate in my claims and and truly unique in what I do. We would have to discuss it, but there is opportunity.

    Here's a basic overview

    http://www.blackhatworld.com/blackh...g-6-figure-sexiest-offline-career-advice.html
     
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  3. florflor

    florflor Senior Member

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    Thanks I will take a look. But prefer to keep this thread on-topic, allowing everyone to post suggestions of general areas of investment.

    So we have a few so far, I'll add a third:

    1) domain name acquisition
    2) build white hat authority site w/ no ads
    3) build an email list but giving links out for free (I think too difficult, though not impossible, for the list to suddenly receive ads several years down the line, whether I open the business at that point or simply sell up)
     
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  4. LaserCode

    LaserCode Newbie

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    Domain name acquisition is good, but can end up costing you a fortune in the long-run if none of them sell for a significant amount. I would focus on building your authority site + mailing list and after time you can come up with the best way to cash in on your readers.
     
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  5. HostStage

    HostStage Jr. VIP Jr. VIP

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    I would be pessimistic regarding the future of the domains acquisition in the short - mid foreseable term.
    Domain names were getting saturated . Most of if not all the 6 letters words and under were taken in .com.
    Now, new TLDs can be registered which should have impacted the value of a "premium" domain.
    I would wait to see whether the .exoticTLD take on the consumer point of view and It seems obvious that it will.
    mysuperlongworddomain.com vs word.exoticTLD -> 2nd remains easier to remember.

    Now that's on a business standing point of course (same businesses that would pay a lot for a domain). As of now, businesses still lean toward regular tlds but that might change.

    Basically, you would be better off buying Apple auctions for instance which are currently set low (do make your homework on it first as this isn't a financial advice)

    IM wise, you have a ton of ventures you could do but if you make significant earnings with a normally functionning country IRS wise, it would require you to register a company. Hard to cope it.
     
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  6. shukritobi

    shukritobi Junior Member

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    It sounds like you're doing charity work
     
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  7. LaurusK

    LaurusK Newbie

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    If you have some spare money, would like to invest and have returns, but not manage them on daily basis, do this -

    1. Get Estonian e-residency, set up an Estonian company, get an Estonian bank account
    2. Study Estonian real estate crowdfunding sites/programs. They are doing pretty well and returns are 12-19%
    3. As it's a pretty passive business, you just need to file annual reports to the tax office - 150 EUR
    4. Once you need the money for your personal use, distribute yourself dividends and pay 20% tax on it. Until you don't take dividends, there's no tax whatsoever and also you do not have to report it to your home country, as there are no profits to declare... (might be you need to report that you own a foreign business etc).
     
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  8. Jobdollarr

    Jobdollarr Supreme Member

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    For IM, quick income requires effort and professional thoughts.

    You can only be successful if learning a lot.

    Then make a lot of business that runs itself.

    Passive income and casflow should be united.