I didnt see your text til the later one for the phone number. Good call!
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I didnt see your text til the later one for the phone number. Good call!
http://www.youtube.com/watch?v=pV-4HH6BxY0 Start at :28
LOL That's hilarious, and sadly very true! My bank manager already knows what I do though.... lolQuote:
Originally Posted by USAFGopherMike
Really though, if you want to make a shit ton of money, on very little output, just have a great idea in which you can get 50,000 people to send you one dollar a month, and you're set. < I can't remember who said that, but I heard it somewhere...
Ah..those days were real good. I made my first 100k.. doing email spamming when it was legal. 5 million email address for $200. Spam them with a $1 secret soup recipe. Only 2% responded - do the math. [Flower]Quote:
Originally Posted by spyder
I got 99,800... But it has been a while since I have had a math class :-)
Subscribed. I'm self employed and always looking for additional revenue streams. I have free time Feb-July usually.
Ugh, think of all the taxes, no thanks!Quote:
Originally Posted by ChunkyMonkey
kids nowadays with their 'online' taxes. [Coffee]
When is this contest taking place? I'd enter but wouldn't want to embarrass anyone.
It was supposed to be a reference to a line from the character Lowell Mathers from the show "Wings" back in the '90's. I couldn't find a youtube clip for it. I really should stop referencing that scene, as I believe I'm the only person to have ever even watched that show.
Jim, a challenge, not a contest. I'm going to set it from June to June. It should be viewed as a personal challenge to really learn about actually making money, as opposed to just saving or wisely spending it. I've got some work to do from home tonight, as I'm interviewing for a promotion tomorrow. I'll try to make an official thread by the end of the week. If I don't, someone remind me.
ACCEPTED, Gauntlet thrown down.Quote:
Originally Posted by Irving
I think I'll buy a beater car or on craigslist for $500ish, spend a couple hundred fixing it and detailing it (myself), and reselling it for double. My hope is to turn it around for less than $750 out of pocket, and at max 10 hours of work. $250+ profit for 6-8hrs of work is my hope, but finding the right project is the first step.
Second option is to do the same with a broken macbook/macbook pro. Find one with a busted screen or similar, replace the components and double my money with a couple hours of work. Do it a few times a year, and turn $1000 in to $3000-$3500. Not enough to live on, but it's extra ammo/gun money....
lastly, garage sales/flea market bargains. Buy low sell high. Need I say more?
Say more. You do the leg work and i'll do the sales end.Quote:
Originally Posted by Sawin
Take the $1k and use for earnest money to land a house under contract, and sell the deal to an investor as a wholesale deal. I make avg $5k when I do this so it turns $1k into $6k. Do one more cycle, and end up around $12K, then cherry pick an investment deal for myself and leave the $12k in the deal and cash flow atleast $350/mth for as long as I own it.
Assignable contract and investor wannabes are OOS at the moment. In the 90s, it was great.Quote:
Originally Posted by sjl6102
I sell them my LLC that owns the property. It's hard for anyone that isn't doing it full time to find the deals and lock them up. Especially with inventory being so low at the moment. The people I usually work with have the capital but no time but they still want to be in it. I love it!Quote:
Originally Posted by ChunkyMonkey
Isnt 5 the max you can do before you have to obtain a dealers license?Quote:
Originally Posted by Sawin
It's more the blatant cluster of cars you have stuck on the corner with 4 sale signs on them. "IF" You're only detailing, doing some fix up and getting an emission cert. who cares. UNLESS you have the mentality to insure and register everything you buy before flipping it, then yes, they will intervene.Quote:
Originally Posted by hghclsswhitetrsh
The best way to score beaters is cruise the alley's in the metro area. A late friend of mine would do the leg work, i'd do the wrenching, pay Tom @ Classical gas to detail them and slap a 4 sale / Se Vende sign on them.
Best unit to flip (at the time) Ford Pick up's. We had a celica roll up and out came 9 people of hispanic origin . 15 minutes later 8 of them are driving away with their new ride. Unfortunately the price of decent running vehicles, especially trucks, has become cost prohibitive. Unless you have a grip of cash in your hand and get there 5 minutes after the ad is posted.
Another place to score cheap beaters is the back lot of dealers. Those are marked for Auction. BUT most don't pass emission testing.
Previous Gen's I've know friends to make a few hundred quickly off flipping the new game consoles. Wondering if I should try that this year. Buy hopefully 3 systems @ 400, flip for 600 or so each.
The day of the Wii is long gone. That was profitable for so long due to them not being able to produce them fast enough. I paid for my used WRX in 11 months flipping Wiis in college. If you look at other game systems like the Wii U there's no profit on those.Quote:
Originally Posted by fitz19d
Wasn't wii's, they sold xbox/xbox360/ps3 when they came out the first week.
Well..
I guess someone can flip PS4/XBOX ONE when it comes out.
I sold Wiis for 9 months or so straight. Now that I'm not in a tiny college shit town I have much greater access to inventory too. I just wish there'd be another Wii but I don't see that ever happening again.Quote:
Originally Posted by fitz19d
Time to bump this thread.
I'm in the CPR and first aid training business. This thread reminds me of a few times when I bought used automatic external defibrillators for cheap off of Ebay or Craigslist. I'd throw a new set of pads in, get a battery so the device worked, and resell it. Made a few hundred each time. Of course, with pricing being variable and batteries being pricey, I had to be careful...
Anyone who knows me, knows I would turn 1000.00 into 500.00
[Bang]
Haha after you buy a GlockQuote:
Originally Posted by lpgasman
That's all I've been doing so far.Quote:
Originally Posted by lpgasman
Pot and the kettle bro, pot and the kettle.Quote:
Originally Posted by glock21
We should take classes or something.Quote:
Originally Posted by Irving
Okay, did anyone make any money? It's almost time for 2015 to start and new millionaires to be made!
Well, I didn't get to start until September due to funds availability, but as of two weeks ago, my $1,000 was $2,343. Then one of my big investments lost about 70% of its value since then and I'm down to $1,081. :(
good news is that I'm expecting it to recover within a few months. Hopefully. Maybe.
I started with nothing, and I still have most of it...
Great job. 2014 was pretty crappy for me financially and I'll spend 2015 recovering. However, with that said, 2015 should be a banner year. Plus I've got new money making ideas and we can see how well they work this year!Quote:
Originally Posted by HoneyBadger
Inverse Oil ETF treated me well. When it hits little lower than now, I will go 3x (and few 1x long etf) long crude oil etf.
Yeah, I'm mostly into UGAZ, BOIL, UWTI, NUGT, and JNUG.Quote:
Originally Posted by MrPrena
Invested in SWIR at $20. It's at 40.
I expect it to be $80 this time next year (or sooner based on the projections for next earnings).
(I put in a bit more than $1000 though)
Do your own due diligence...
ETA: and what I mean by 'expect' is 'hope'
ETA2: and....new high [rockon]
Anyone else here do dividend stocks? I just got into them little by little over the summer. Should've backed up the truck a few days ago on some of the oil majors, but I was hoping for Mother Yellen to keep her mouth shut so prices could continue to drop and provide some better entry points.
I bought RMCF when they were about $6 a share because they offered a nice dividend. Share price has gone up quite a bit since then and the dividend is still better than I'm getting from the bank.Quote:
Originally Posted by Superorb