What to do with the Money

crypto is too unsafe right now - i have alot of ripple right now - worth 35 k right now
 
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Its 100k EUR in the whole EU so regardless of where you put your money the protection is the same. EU banks are pretty stable now so you wont have problems keeping the money there for the time being. However with those zero interest for deposits you gain nothing from your money. My advice is to get some real estate property that bring 5-6% annually from rent. Its shitty idea usually, but as you seems to have your business up and running already and no need of reinvest its something stable for the time being. Also the real estate prices are going up so you most likely will end up with some nice ROI.
 
Woah. That's a lot of money. Mind giving us some tips on where did you promote the products and some strategies?
 
1) come to Italy
2) say you have 500k€
3) buy some votes
4) became a politician
5) bank for the next 30-40 years (passive income)
 
Are German banks likely to fail in the near future?
Talk to an Accountant, Financial Advisor or Business Lawyer, they should be able to advise you of the safest strategies to secure your moolah.
 
it amazes me how someone makes 500k online and pays taxes and worries about bank insurance.
 
Buy a business in America - that has systems, processes, management team in place and become an absentee owner.
 
Asif WILSON Khan said:
Are German banks likely to fail in the near future?
Click to expand...

Exactly this.

If you're generally concerned about the financial health of a bank, then look for those that have performed better in the stress tests.

Asif WILSON Khan said:
Talk to an Accountant, Financial Advisor or Business Lawyer, they should be able to advise you of the safest strategies to secure your moolah.
Click to expand...

Also this.

Having large amounts of money in a bank account is generally not advisable because inflation will normally be higher than interest earned (i.e. the value of your money is depreciating by being stuck in a bank account).
 
For a german fellow read through

http://www.spiegel.de/thema/young_money/

http://www.spiegel.de/wirtschaft/se...-eine-anleitung-in-6-schritten-a-1165097.html

http://www.spiegel.de/wirtschaft/se...ne-anleitung-in-acht-schritten-a-1149936.html

You may like to invest in some ETFs like MSCI World, and let that money sit, to pile some money for your later days.

Also a nice thing is with that amount yoou could easily get some credits for purchasing apartments you rent out. So you have some assets outside the online world, compared to your current earnings that may seem little, but it's sure pretty nice fallback. just to give you some ideas.

// Edit also having assets like apartments in developing cities might give you the opportunity to sell them later at a higher rate.
 
  • You can be an investor. find the good company to invest in.
  • Good call to not invest in crypto,
  • A real piece of land has it value, you can revenue from that too.
  • you can have insurance on real things like gold, house, car and more
  • I believe when the amount is over 100K, 5% return with the safest method is really good return good, Go with the safest road, Don't rush.
  • you can set up a company that operates on its own- you have funds, and you can back them.
 
Buy property and gold. You can earn rental income regardless of whether it's value goes down. Gold is great for when the war kicks off.
 
Invest them by buying houses, coffee, appartements there are many thing to do with.
 
arlex55 said:
Hello Guys,

in the last year i did alot Money with affiliate products.
im from germany - in germany your money is only insured till 100.000 €.
i already have 3 bank accounts - do you guys can give me a tip where i can find a
bank wich have a hight insurence. i google already and found nothing.

where do you keep your money ?
Click to expand...
Dear friend,
every country has their own rules about the Insurance T&C.
But thats for the extreme conditions. Let me give you an example: In your country 100.000 € is insured with your bank account & you have 2000.000 € in your bank account. It does not mean that rest of your money can be stolen or vanished anytime. If any extreme conditions comes like: if the Government become uncertain , economy fall down only then you may loose your money. Otherwise you are safe.


On the other hand you Can use BITCOIN to save your money in your bitcoin wallet. But be careful, there are lot of hackers on the net who can hack your wallet.
 
So much charge for taxes. you should move to any tax heaven country and can start a new business there :)
 
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