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If you had a check written out to you for $150,000

Discussion in 'Product Creation, Inventing, Importing, Sourcing' started by Angelic, May 15, 2018.

  1. Angelic
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    Angelic Contributor

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    Who would you reach out to first? What type of investment would you make that you'd think will give you the best return in a moderate time frame? When would you imagine it will yield the best gain at the quickest pace? Where else would you disperse other portions of that liquidity? Why wouldn't you might not want to go all in on one idea/asset to expand revenue by a huge dividend? How would you put the pieces together to form a thriving asset?
     
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  2. Kak
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    Kak Capitalist Swine Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    I'd drop it in the brokerage account with the other money and buy some stocks that I think are good long term cruise control opportunities right now and let it sit.

    Or

    Buy 3 or 4 80% LTV rental homes.

    Depends on the mood I'm in. Stocks are cheap enough now and way more liquid.
     
  3. Vigilante
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    Vigilante Legendary Contributor Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    I'd probably read one of the other threads here on the same topic.

    Here's one of dozens to get you started

    $1,000,000 to invest

    and one more

    *UNSCRIPTED* - What's your focus? Making pennies? Or Millions?
     
    AgainstAllOdds, Galaxy16, Fox and 2 others like this.
  4. Late Bloomer
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    Late Bloomer Gold Contributor Read Millionaire Fastlane Speedway Pass

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    Suppose that I had a hypothetical question. Imagine there was a forum where there's a FAQ section right up at the top, that says "please don't ask hypothetical questions." Humor me, for the sake of discussion, that my hypothetical question was exactly like the kind the forum owner said, please don't post here. Why by golly, I'd rush to make a new post with that hypothetical question right away. Assuming that was your situation, wouldn't you? Or - I know this is so hard to envision, sorry it's so speculative - would you perhaps do something else with your hypothetical question?
     
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  5. Fox
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    Fox Moderator Staff Member Read Millionaire Fastlane I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Until my cash flows were firing on all cylinders I would keep investing in my best chance at creating cash flow.

    So - if that 150k represents the majority of your money I wouldn't put it into anything but yourself.
     
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  6. Caroline888
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    Caroline888 Contributor Read Millionaire Fastlane I've Read UNSCRIPTED

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    I would invest in myself of course ;)
     
  7. ryanbleau
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    ryanbleau Bronze Contributor Speedway Pass

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    not coke and hookers........
     
  8. Galaxy16
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    Galaxy16 Bronze Contributor Read Millionaire Fastlane Speedway Pass

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    Startup capital
     
  9. Late Bloomer
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    Late Bloomer Gold Contributor Read Millionaire Fastlane Speedway Pass

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    Should be about the right amount to begin the HypotheticalQuestions.com Forum, the Internet's place where evidence and informed conversation are strictly forbidden, and all guesses are welcome!
     
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  10. Galaxy16
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    Galaxy16 Bronze Contributor Read Millionaire Fastlane Speedway Pass

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    That domain is unused.
     
  11. Late Bloomer
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    Late Bloomer Gold Contributor Read Millionaire Fastlane Speedway Pass

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    I assumed it might be! Hypothetically speaking, if you might grab it, I wish you would please cut me in on the deal :rofl:
     
  12. biophase
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    biophase Legendary Contributor I've Read UNSCRIPTED FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    I'm actually debating this right now. I'm trying to decide between 3 paths.
    1) Buy a 2012 458
    2) Buy an FBA business for $150k, use to it make the monthly payments on the 458
    3) Start an FBA business from scratch, use to it make the monthly payments on the 458
    4) Leave it in the bank at 1.5%

    The reason I'm sticking with FBA, is that I really don't want to do alot of extra work with this business (no more employees and no more warehouse space). I have enough going on as is, so I'm trying to be as passive as possible on this venture.
     
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  13. Argue
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    Argue Gold Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

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    Simple... I’m buying a business with exceptional MRR.

    But another part of me is saying models and bottles.
     
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  14. Late Bloomer
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    Late Bloomer Gold Contributor Read Millionaire Fastlane Speedway Pass

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    I discovered that meme in a video of a dumb young guy throwing around money to impress people at an NYC bar, who obviously wouldn't give a damn about him as soon as the money's gone. The video was shared by a guy who teaches young people how to get a job on Wall Street. I found his site when I was searching for advice on how to find affordable suits. (His article on that is excellent.) Unfortunately I don't remember his name or site right now. I think the jobs he helps people get make them King and Queen of the Slowlane, but the business advising people could well be a Fastlane success!
     
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  15. SteveO
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    SteveO Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    Hookers and blow. Fastlane in Vegas....
     
  16. SteveO
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    SteveO Legendary Contributor FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR Summit Attendee

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    I have many examples that were real life. Most had to do with purchasing crappy properties, renovating them, and selling for incredible profits.

    The most recent is a land deal which is outlined here. Land Game (Lot Splitting and Investing)

    Basically paid $120K for 40 acres. Selling 9 acres or so in three lots. Keeping 30 acres bordered against state and federal land to build my house on.
     
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  17. AgainstAllOdds
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    AgainstAllOdds Legendary Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass LEGENDARY CONTRIBUTOR

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    Let's do it. This could be us:

    [​IMG]
     
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  18. GoGetter24
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    GoGetter24 Silver Contributor Speedway Pass

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    I'd immediately hire 2 or 3 employees/contractors in succession to work on my existing projects.

    I'd then spread out into other MVP fishing, in attempt to find something juicy, and once I did I'd nail that with everything I had. $150k once off just aint going to cut it. Turning it into $150k a year would.
     
  19. minivanman
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    minivanman Gold Contributor Speedway Pass

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    I don't take checks......
     

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