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M
NEED HELP: Selling My Business and Investing $2M Profit
INVESTINGThank you for sharing. Not sure what exactly seems fishy - I am asking for advice on investing in a community I respect. Anyway, I am happy to answer your questions. 1) Becoming a slowlaner - I am sorry, but I do not agree. Slowlaner is a person who tries to get wealthy by accumulating it over...- MscO
- Post #19
- Forum: Investing, Crypto, Personal Finance
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M
NEED HELP: Selling My Business and Investing $2M Profit
INVESTINGThanks for sharing! I appreciate you taking the time. I guess I will have think about this more than I thought- MscO
- Post #18
- Forum: Investing, Crypto, Personal Finance
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M
NEED HELP: Selling My Business and Investing $2M Profit
INVESTINGThanks for sharing. Yes, I did think about buying a property as well, however, that requires a lot of work on my end and I do not expect to have the capacity any time soon. We have the option to invest in ETFs such as Vanguard S&P 500 UCITS ETF. It seems to be a standard for EU investors as well- MscO
- Post #13
- Forum: Investing, Crypto, Personal Finance
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M
NEED HELP: Selling My Business and Investing $2M Profit
INVESTINGWell, I prefer talking to strangers on the internet rather than talking to investment advisors :-D I guess that the main question is whether to go after cashflow or asset growth. This is the part where I am getting confused. Considering my situation described above: 1) Option 1: Look for High...- MscO
- Post #12
- Forum: Investing, Crypto, Personal Finance
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M
NEED HELP: Selling My Business and Investing $2M Profit
INVESTINGThank you for the kind words! It will take some time to finalize the sale and make the transition... So in total around 5 years. Yes, e-commerce. Feel free to PM me if you want to discuss further :)- MscO
- Post #11
- Forum: Investing, Crypto, Personal Finance
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M
NEED HELP: Selling My Business and Investing $2M Profit
INVESTINGThank you for sharing! I definitely agree - I did not mention this, but I still want to work and contribute. The truth is that I do not care that much about money anyway... I will probably start another business shortly after I sell this one. Anyway, back to the original point. You mentioned...- MscO
- Post #7
- Forum: Investing, Crypto, Personal Finance
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M
NEED HELP: Selling My Business and Investing $2M Profit
INVESTINGI would not say it is wrong, but I believe it is not suitable for my situation. Based on my understanding, "investing for retirement" strategy is mostly about the gains in the long-term, so you do not mind volatility that much as long as you "lock" your profits by moving your investments from...- MscO
- Post #5
- Forum: Investing, Crypto, Personal Finance
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M
NEED HELP: Selling My Business and Investing $2M Profit
INVESTINGThank man! I appreciate it :)- MscO
- Post #4
- Forum: Investing, Crypto, Personal Finance
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M
NEED HELP: Selling My Business and Investing $2M Profit
INVESTINGHello, I would like to ask for some advice regarding investing profits from a business exit. I am 25 years old from Eastern Europe and I am about to sell my business for around $2M (applied lessons from both books, thanks MJ!). I do not plan any major expenses in the upcoming years, so I would...- MscO
- Thread
- Replies: 23
- Forum: Investing, Crypto, Personal Finance
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