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I've considered bitcoin as well
If you love gambling, I recommend the roulette table at the Las Vegas Venetian. At 8pm everyday, the ball always lands on "Black" it's a no brainer.
Personally I would not let that stash burn a hole or even smolder in my pocket. Perhaps sitting down with a good estate planning attorney and or investment advisor for an hour or so would be money well spent.
My first question, what type of return are you looking to make on it? What's your level of risk? Until we know that, it's hard to make a recommendation.
I don't really care about making a ton, but just want to at least insulate myself from inflation.
Open up a Sex Bot Brothel.
4 investment properties. Just figure out where Amazon is going first.
One of those is not a joke. But which one?
Why not go ultra conservative and buy whole life insurance for later on?
Why not go ultra conservative and buy whole life insurance for later on?
But today? Be careful... unless you have a back door deal or buying a fixer upper at a bargain, think twice and make damn sure the ROI Numbers check out.
Solar panels and a used Nissan Leaf. What are your marginal electric rates?
Strategist saysSolar Panels are definitely the way to go, especially in a state like California that rips you off at every opportunity.
Well, you can always move to a less costly state. Did you know the sun shines in other states too! :)
Strategist saysDo you know I am in the backyard right now in a t-shirt, enjoying a beer, looking at the sparkling lights miles and miles away in the distance.
Welcome to Southern California.
Bastard... I got to take the puppy out in a little while and it's 36 right now, going down to 29. Go ahead, rub it in.
Want to take him out for me?
Open up a Sex Bot Brothel.
What makes sense # wise to pan out? I've always head monthly rent should be 1% of the purchase price for it to be profitable. So a $100,000 home should rent for $1,000/mo etc..
Legality aside, it might be hard to get liability insurance.
I was thinking about picking up my first lower end rental property (townhouse/small home), but I'm not sure I'm sold on being a landlord. I've considered bitcoin as well, but I think the ship has sailed on that one, along with traditional precious metals etc... My preference is towards hard assets, since I'm not sure I entirely trust anything market related at this point.
Have also considered walking away from my job to start a business or do something completely different that IT.
Advice/suggestions welcome.
#finance