Results 1 to 25 of 92
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08-10-2015, 10:54 AM #1
You have $1M to invest-how to get a 10%+ ROI?
So as some of you may know, I have been in the mortgage biz since 2004 and frankly the last 7 years hasn't been the greatest when compared to the first 23 years. I am to old to French kiss Realtor assholes for leads anymore and the refi boom of the last 4 years is ending, so what to do now?
I know a few of the maggots work/invested in legal weed operations. Whether that was a grow op, distribution or retail shops, I would appreciate some feed back (via pm is fine) on your experiences and thoughts for opportunities and risks in the industry. As I can't get a 10% return on 30 year T Bills, don't want more tenants and am clueless what else to invest in, maybe moving to Oregon is in my future?
I know asking for advice on the internetz is retarded, but I am obviously bored out of my fucking mind and need to start on a new endeavor one of these days. Your food for thought is appreciated or at least post up something stupid to make us all laugh.
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08-10-2015, 10:56 AM #2jgb@etree Guest
You should have invested that $1mm into AQXP on Friday AM @ $2.70, and sold it this AM at $46.
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08-10-2015, 11:06 AM #3
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08-10-2015, 11:08 AM #4
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08-10-2015, 11:10 AM #5
- Start an indie ski company.
- Buy an old fishing boat, put in sliding glass doors for whale watching and sell it to pio
- Start a cocaine submarine company
- Call Bobby's neighbor; become her modeling agent/promoter
"timberridge is terminally vapid" -- a fortune cookie in Yueyang
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08-10-2015, 11:14 AM #6
you serious?
OP, you serious? you wanna invest 1 million dollars into illegal enterprise posing as legal?
there is no 10% return strategy, if there was everyone would be doing it
your million doesnt make you special, it just makes you a mark
short term gains are for suckers
OP you'd be best off in using that money to get an education about farming and farming methods, then maybe if money left over buy a farm and hire farmhands to reap your 10%Zone Controller
"He wants to be a pro, bro, not some schmuck." - Hugh Conway
"DigitalDeath would kick my ass. He has the reach of a polar bear." - Crass3000
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08-10-2015, 11:15 AM #7
edit
10% returns easy
start fulfilling govt contractsZone Controller
"He wants to be a pro, bro, not some schmuck." - Hugh Conway
"DigitalDeath would kick my ass. He has the reach of a polar bear." - Crass3000
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08-10-2015, 11:15 AM #8
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08-10-2015, 11:21 AM #9
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08-10-2015, 11:27 AM #10
Two chicks at the same time.
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08-10-2015, 11:28 AM #11Zone Controller
"He wants to be a pro, bro, not some schmuck." - Hugh Conway
"DigitalDeath would kick my ass. He has the reach of a polar bear." - Crass3000
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08-10-2015, 11:31 AM #12
property in an up/coming city
you must know commercial RE folks, right?
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08-10-2015, 11:34 AM #13"timberridge is terminally vapid" -- a fortune cookie in Yueyang
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08-10-2015, 11:37 AM #14
El Chup, I feel like an old dog and learning new tricks is tough. Level of risk is a tough question. I mean some Redumbcunt gets elected as POTUS, imposes a Federal crack down on states rights and all the legal weed peeps get crushed. It could happen, so that consideration is in the back of my mind. City of San Diego was so retarded on the Medical businesses a few years back, it put me off from trying that down here. So it is a tough call.
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08-10-2015, 11:55 AM #15
Open up an e-cig store.
Best Skier on the Mountain
Self-Certified
1992 - 2012
Squaw Valley, USA
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08-10-2015, 12:02 PM #16
10% ROI, YOY, today, means some combination of luck, risk, favorable market returns, or mixing in your own work (e.g. buy/ fix-up/ rent/ manage real estate).
IMHO (and I look at this from the perspective that -- overall -- the stock market always goes up, although there will be short(er)-term losses) -- invest it in whatever mix of low-cost broad-based mutual funds that suits your particular risk tolerance, selected asset allocation, and tax situation. Me, I'd put it something like 80/20 (or 70/30, or 85/15 -- whatever you believe works for you) in a mix of VTSAX/ VBTLX). I don't buy individual stocks or bonds or try to time the market. I expect to see a long-term average of 7-8% with this mix, though some years will be higher and some will be lower -- and even negative. The last several years have been much higher, but who knows if that will continue.
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08-10-2015, 12:04 PM #17
get that twitter stock for 28$ a share
get yourself 35,000 shares of muthaZone Controller
"He wants to be a pro, bro, not some schmuck." - Hugh Conway
"DigitalDeath would kick my ass. He has the reach of a polar bear." - Crass3000
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08-10-2015, 12:07 PM #18
Re: investing in weed. A local (New Mexico) legal medical cannabis shop lost a reported $750,000 worth of plants when the local cops called in feds to "help" with an investigation after a butane fire/explosion in the oil extraction room.
http://www.sfreporter.com/santafe/ar...ys-no-way.html
Take-away point: risk is significant.
Have you considered investing in real estate?
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08-10-2015, 12:24 PM #19
Yep, I was going to sell a few rentals to get the $1M to invest. The RE gives about a gross 4.8% annual return based on its value. Net return is closer to closer to 4% annual. Appreciation has been strong over the last few years, but there is a good chance that will turn around in the next year or 2??????
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08-10-2015, 12:31 PM #20observing free range rude
- Join Date
- Aug 2012
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- below the Broads Fork Twins
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- 5,772
You have the expertise in RE, why not accept a more modest return/lifestyle and contract out the rental mgmt you are able to?
If I were you I'd invest in commercial real estate in a soon to be legal state like NV, and then keep half a dozen properties with good cash flow to give you a fall back plan and long term peace of mind. If the residential properties do well, great. If the commercial re does well and you feel like more investment in MJ is warranted, get after it. Splitting funds between those two gives you a somewhat balanced r/r profile, with the possibility of free time to enjoy hobbies/family.
Starting an MJ business sounds like really long hours to start, along with higher risk than being an infrastructure provider to the MJ industry.
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08-10-2015, 12:32 PM #21
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08-10-2015, 12:33 PM #22Registered User
- Join Date
- Jan 2005
- Location
- Denver, CO
- Posts
- 1,620
The only real answer is to buy yourself a job. Buy a Jimmie John's franchise or something.
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08-10-2015, 12:43 PM #23
10% annually is impossible without huge risk. If you know real estate stick with that for investment. Buy an apartment building in Oregon or Tahoe Maybe an RV Park.
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08-10-2015, 12:47 PM #24
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08-10-2015, 12:51 PM #25
Marry wealth
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