Investment Ideas...........Need your input!

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lambostealth
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Investment Ideas...........Need your input!

Post by lambostealth » Tue Aug 07, 2007 12:59 am

Alright, so I'm comming into a bit of money, and, instead of blowing it on a Lambo, I am thinking ahead on an investment I can take hold of (or two, or three), so I never have to work again........even if it is just residual income, so I don't actually have to work (not lazy, just not TOO many jobs that a person with my arm issue can do).

So, FEED ME! Give me any idea you've had, or have to make some loot.

I've thought about franchises, startups, friends with unique abilities.....etc. For instance, is there a food company in your area that is underrated, and only local that everyone should try? Is there a friend of yours that is working out of his garage doing this or that trying to get his business off the ground? Anything.

So, whatcha think???
-Chris
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Post by 702Neon » Tue Aug 07, 2007 1:15 am

i think you asking this question in the place man, not alot of neon owners in here investing into anything but their neons :lol:
but i can tell you one thing.......stocks and real estate my man!
i'm thinking of leaving my job and do real estate and foreclosures full time. but whatever you gonna end up doing.....i wish you best of luck, it's a hard market right now and keep away from scammers.
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Post by lambostealth » Tue Aug 07, 2007 1:20 am

702Neon wrote:i think you asking this question in the place man, not alot of neon owners in here investing into anything but their neons :lol:
but i can tell you one thing.......stocks and real estate my man!
i'm thinking of leaving my job and do real estate and foreclosures full time. but whatever you gonna end up doing.....i wish you best of luck, it's a hard market right now and keep away from scammers.
LOL, I just want ideas, like detailed, I know there may not be too many here investing, but that doesn't mean they don't know a good thing when they see it.

I've got a good head on my di...;er, shoulders, I will look into everything I can before I make my choice.
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Post by 702Neon » Tue Aug 07, 2007 1:29 am

small time investments are risky, do a reserach, ideas are good but look into something that will have a great payoff.
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Post by Midnight_Rider » Tue Aug 07, 2007 1:40 am

Subway franchise owner- there would still be some work involved (supervision) but I have never seen a Subway location that wasn't busy. :thumbup:
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Post by 702Neon » Tue Aug 07, 2007 1:42 am

^^^^^^ good point!!! damn.....really good point
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Post by lambostealth » Tue Aug 07, 2007 1:50 am

Good idea, but, they are more money than I'm looking at dumping on one investment. I'm looking at doing a few investments for under $100K each.

Subway is over $200K for just one location.

Thats why I asked about smaller, more local franchises that should be expanded. For instance, there aren't many "Smoothie King" stores, which is one I'm looking into at $25K.
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Post by 702Neon » Tue Aug 07, 2007 1:52 am

actually, there's one way to find out, every subway place and quizno's subs have info on how to open one.
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Post by deep1ca » Tue Aug 07, 2007 4:53 am

Gas station?

I work part time at a gas station, just a small local company called Drummond's Gas that has 7 gas stations in and around Ottawa + a few other gas ventures under their name...

Anyways, my boss moved from Calgary to Ottawa in Feb, in March he took over the gas station. Im not sure what the deal is, if hes leasing it from drummond's or renting or just running...but I do know that he definately doesn't own it.....to the point.... I heard hes supposedly makin about 60 grand CAD a year from it...and he only puts in about 20 hours a week in administration stuff.

60,000 CAD for 20 hours a week sounds pretty damn good to me....and I should point out that my gas station is a shitty one with a very small selection of candy, drinks, chips, no lottery, no chocolates because they melt, no newspapers, etc etc. If we can make 60 grand at a shitty place , I wonder how much a nice done up shell is makin, but then again franchise fees for that are probabbly through the roof compared to a smaller company like drummond's.
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Post by Mr Josh Zombie » Tue Aug 07, 2007 8:41 am

I think you should invest a small amount in helping me pay off my car. :rofl:


Sorry, had to. Yea, i don't know shit about investing, but I hope you figure something out man. That's been my dream. Never have to work again, and own a pretty much turn key operation.
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Post by yankeesking » Tue Aug 07, 2007 9:22 am

buy Foreclosures house

fix, install new stuffs, etc

sell

redo over again when u buy another house

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Post by KrackstaR » Tue Aug 07, 2007 9:22 am

rental properties....condos, houses, even mobile homes..... realestate is the thing right now. I dont know how it is in cali but in md you can get a house for 200k, make it an intrest only and rent out the home direct, collecting the tax write off every year. :rockon:
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Post by Diablo0 » Tue Aug 07, 2007 9:37 am

I like the rental property as well but one of my friends was going to get into that and he found out that it'd take a bit to recoop the cost of the building, ect. Not exactly sure how long but I think he dropped the idea b/c of that.
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Post by KrackstaR » Tue Aug 07, 2007 10:25 am

Diablo0 wrote:I like the rental property as well but one of my friends was going to get into that and he found out that it'd take a bit to recoop the cost of the building, ect. Not exactly sure how long but I think he dropped the idea b/c of that.
mmh no building cost needed unless your getting a hud house or starting new construction, im talking about buy property thats already devoloped and renting it out. You can get some properties that need a lil loving but you just do a lil home depot special on it and call it a day.

Also commercial space isnt that bad neither, you can look to invest in some office space and lease that out as well, and there is big money in that specially if you get some good tenants in there, most businesses stay in the same spot for alteast 10 years.
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Post by Chibits12 » Tue Aug 07, 2007 12:40 pm

I can think of three ways:

1. Invest in a profitable franchise that has a higher rate or return and survives in a long-term. Chipotle or Mickey D's sound good or you can
always try out something new. Just prepare to spend a lot of money for franchise fees, taxes, and other legal stuff.

2. Invest in yourself. You can go back to school and become a CFA
(certified finanical advisor) and become one. This way you build up
a client base, provide proper financial advises, and watch your
money grow. More people are retiring so financial advisors are in high demand. Edward Jones, Ameriprise, and other firms are looking for people like that.

3. Put your money in some low-risk investment if you're risk averse. Mutual funds sound good but if you wanna go very-low risk, try municipal bonds (it's not federally taxed) or if you have a lot of money, go for US Treasury bonds.
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Post by anomalous0 » Tue Aug 07, 2007 3:35 pm

2 words: Stock Options. Takes ALOT of discipline, but you can be wrong 60% of the time and still make a huge profit if you know what you're doing. It takes a little more to break even than stocks do, but the risk is lower and the profits can actually be greater for your investment than stocks. They take a lower initial capital as well.
Plus, the housing market is going downhill again.
Stock options you can make money in down markets without the risks and extra fees of shorting stocks.
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Post by ChrisRT » Tue Aug 07, 2007 3:39 pm

Real Estate, if not that, a slow, rising investment is the way to go.
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Post by welchspro » Tue Aug 07, 2007 7:49 pm

I'm not very knowledgeable on investing, but i'll suggest the stock market.

personally, i would stay away from real estate, I'm not sure what the situation is like in Cali, but around where i live, there is a TON of new construction going on and a relatively slow influx of people, meaning there are going to be alot of empty houses/apartments in years to come. In order to attract new buyers/renters, prices are going to have to come down, which from an investment standpoint, isn't the greatest thing.
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Post by OverDrive418 » Tue Aug 07, 2007 8:25 pm

Hit up Lexeon, That MF'er got into some investments, he's apparently swimming in $$$ now it seems!
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Post by lolelectricbluesxt » Tue Aug 07, 2007 8:34 pm

Do they have a jamba juice in hanford?
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Post by OverDrive418 » Tue Aug 07, 2007 8:35 pm

Hooray for Jamba Juice! :rockon:
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Post by lambostealth » Tue Aug 07, 2007 8:42 pm

Yeah, there is a Jamba Juice, it's difficult to get a JJ franchise, and they are like $250,000!

I want a few small investments. I thought about opening a massage parlour, oxygen bar, small things like that.
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Post by 2003silverneonsxt » Tue Aug 07, 2007 8:46 pm

lambo..i suggest buying pieces of junk houses in good market areas, fixing them up really nice..and makin a nice chunk of change on them...

i see alot of ppl on tv (property ladder, flip this house, etc,,) making 40,000-150,000 in a matter of a month,,

i wish i had some money and lived in a good housing market area to do the same thing
hmmmmm
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Post by lambostealth » Tue Aug 07, 2007 10:55 pm

2003silverneonsxt wrote:lambo..i suggest buying pieces of junk houses in good market areas, fixing them up really nice..and makin a nice chunk of change on them...

i see alot of ppl on tv (property ladder, flip this house, etc,,) making 40,000-150,000 in a matter of a month,,

i wish i had some money and lived in a good housing market area to do the same thing
This is something I have considered as well, there are a lot of rural areas around here, those houses usually hold thier value, but lack in the right tenants to keep the place up.

I found 7 acres with a house for $44,000!!!!!, I could buy it and not touch it and sell it for $80,000+.
-Chris
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Post by sullygully » Tue Aug 07, 2007 11:01 pm

Tim Hortons

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Post by lambostealth » Tue Aug 07, 2007 11:20 pm

sullygully wrote:Tim Hortons
From thier website......

The initial investment required for a Tim Hortons franchise will vary, depending on your particular needs and choices. If the complete franchise package for a standard store is purchased through Tim Hortons and if the franchisee leases the premises from Tim Hortons, the total initial investment will typically vary between approximately $338,000 and $564,000.


Looks good though, might be something I would look into in the future. How would you compare it to Starbucks???
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Post by bad04srt » Wed Aug 08, 2007 12:25 am

do yourself a favor and get a real estate liscense and get into real estate....i work on houses with my ma and we walk away with $10g in a weekend.....find someone about to foreclose and take over their payments with no down payment just to get them out of the situation so they dont screw their credit, then put it on the market as is and walk away with the buyer's down payment in hand.....if you do it fast enough its essentially free

if your looking for more just do the same thing but put some money into it a make it a more profitable flip

i'm 18 and have already made about $300,000 in 2 years just flipping properties like this with my mom....however i cant touch a penny of it until i graduate college lol :cussing:
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Post by kc2005ptgt » Wed Aug 08, 2007 12:28 am

get yerself a stock broker, and get into stocks man, I have a friend who started off with 10 grand and 10 years later he is sitting on over 5 million, and he keeps investing ALL of his profits every quarter... I must say, THAt is what I would do.
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Post by lambostealth » Wed Aug 08, 2007 12:38 am

kc2002acr wrote:get yerself a stock broker, and get into stocks man, I have a friend who started off with 10 grand and 10 years later he is sitting on over 5 million, and he keeps investing ALL of his profits every quarter... I must say, THAt is what I would do.
This is a wise choice as well, it would be nice to have a CD maturing every month.

The market absolutely SUCKS right now, but, it can change overnight.
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Post by ChrisRT » Wed Aug 08, 2007 7:15 am

I would not invest in the stock market at this moment.
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