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Old 11-17-2009, 06:09 PM #22
automagdude
 
 
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Play it safe and put the money into mutual funds. They make an average about 8%. You will be set for retirement if you keep adding that too it.
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Old 11-22-2009, 05:14 PM #23
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do a little research into the history of mutual funds before you do that just a heads up.

Don;t take anything anyone says for face value do your own due diligence. There are so many different opportunities. If you are in the states which i assume you are. I would look into the financial benefits of WHOLE LIFE INSURANCE to be honest. Its a way of creating your own bank. I do not have the links on hand but there are far better investment options.

Worse case scenario, invest in gold and silver, the US dollar is going down and gold is going up, the dollar will be on a gold standard in the future again. U can thank Nixon for taking it off.

Do some research before you do anything
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Old 11-22-2009, 10:08 PM #24
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Mitches b**ches. my strip club name.
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Old 11-23-2009, 12:52 PM #25
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Best advice I can give you; Don't ask for financial advise on a paintball website. Regardless of online qualifications and good will they posses, be safe and visit with a professional.

Hope you and your friend are healing well.

Cheers
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Old 11-27-2009, 11:15 AM #26
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get some professional advice, invest in real estate while the economy is on the way up, and stocks is always good with the markets rallying.
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Old 11-27-2009, 12:17 PM #27
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Quote:
Originally Posted by Kameron View Post
do a little research into the history of mutual funds before you do that just a heads up.

Don;t take anything anyone says for face value do your own due diligence. There are so many different opportunities. If you are in the states which i assume you are. I would look into the financial benefits of WHOLE LIFE INSURANCE to be honest. Its a way of creating your own bank. I do not have the links on hand but there are far better investment options.

Worse case scenario, invest in gold and silver, the US dollar is going down and gold is going up, the dollar will be on a gold standard in the future again. U can thank Nixon for taking it off.

Do some research before you do anything

There are holes in that Whole Life Insurance idea. Be careful if you do it. If you do want to do that its fine but look at Universal Life too. There are pros and cons of using either Life Insurance methods.
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Old 11-27-2009, 04:44 PM #28
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Quote:
Originally Posted by sethd924 View Post
Best advice I can give you; Don't ask for financial advise on a paintball website. Regardless of online qualifications and good will they posses, be safe and visit with a professional.

Hope you and your friend are healing well.

Cheers
Yep, I would get a financial adviser. My parents got one and they are now retiring. My Dad retire at the age of 58, and my mom 56. Start as early as you can.


Here is a website to calculate retirement funds
http://www.dinkytown.net/java/Retire401k.html
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Last edited by automagdude : 11-27-2009 at 04:47 PM.
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Old 11-27-2009, 06:00 PM #29
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I didnt know you could just open up a strip club, won't gangs and **** hassle your *** to hell?
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Old 05-03-2012, 12:40 AM #30
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I am looking for a partner in a hotel ownership group

If you are still looking I am looking for a partner for a hotel purchase. The property currently profits 95,000 after everything, including the loan. Let me know if you are interested.
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Old 05-03-2012, 11:05 AM #31
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do yourself a favor... spend a couple grand on an investment advisor.

edit: Creating a business will most likely be a sure fire way to lose all your money. A majority of start ups fail.
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