What Do I Do with all the Money I made?

[WJWFastLaner]

First post in the forum. Just finished Fastlane Millionaire 4 minutes ago. Here's my question:

I've built up my business to the point it generates anywhere from $45-75k/mo, and I currently have about $220k in the bank. I have done NOTHING with this money. Zero Investments. The book talks very briefly about this subject that I know so little about. Where can I find more information on effective investment strategies? Are there other threads here? Recommended books? Or specific advice you recommend me taking?

Thank you!

 

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[Foogaler]

Tipf ov emm vu ni, O'mm veli desi ug ov.

Og zua fup'v nopf ni etloph, xjev lopf ug catopitt fof zua caomf? Duphsevb up zuas catopitt tadditt, O fup'v jewi e huuf eptxis gus zua cav O juqi zua gopf e tumavoup.

 

[CarrieW]

Gostv qutv op vji gusan. Katv gopotjif Getvmepi Nommoupeosi 4 nopavit ehu. Jisi't nz raitvoup:

O'wi caomv aq nz catopitt vu vji quopv ov hipisevit epzxjisi gsun $45-75l/nu, epf O dassipvmz jewi ecuav $220l op vji cepl. O jewi fupi PUVJOPH xovj vjot nupiz. Bisu Opwitvnipvt. Vji cuul vemlt wisz csoigmz ecuav vjot tackidv vjev O lpux tu movvmi ecuav. Xjisi dep O gopf nusi opgusnevoup up iggidvowi opwitvnipv tvsevihoit? Esi vjisi uvjis vjsieft jisi? Sidunnipfif cuult? Us tqidogod efwodi zua sidunnipf ni veloph?

Vjepl zua!

vjisi esi e muv ug foggisipv vjsieft ecuav foggisipv opwitvnipvt. qisjeqt zua tjuamf jewi e muul esuapf epf tii xjev iydovit zua epf hsect zuas evvipvoup epf hu gsun vjisi ximduni!

 

[randomnumber314]

Gostv qutv op vji gusan. Katv gopotjif Getvmepi Nommoupeosi 4 nopavit ehu. Jisi't nz raitvoup:

O'wi caomv aq nz catopitt vu vji quopv ov hipisevit epzxjisi gsun $45-75l/nu, epf O dassipvmz jewi ecuav $220l op vji cepl. O jewi fupi PUVJOPH xovj vjot nupiz. Bisu Opwitvnipvt. Vji cuul vemlt wisz csoigmz ecuav vjot tackidv vjev O lpux tu movvmi ecuav. Xjisi dep O gopf nusi opgusnevoup up iggidvowi opwitvnipv tvsevihoit? Esi vjisi uvjis vjsieft jisi? Sidunnipfif cuult? Us tqidogod efwodi zua sidunnipf ni veloph?

Vjepl zua!

O ettani vjot ot jzquvjivodem?

Xjip zua gostv duni jisi vjisi't e motv ug sidipv siqmoit. Dmodl vji vec mecimif "Nutv Woixt (Metv 360 Fezt)" sief, sief, sief.

 

[sle3pyguii]

Vjisi esi tuni vjsieft op vji Optofist gusan vjev vemlt ecuav tvudl opwitvnipvt.

 

[H. Palmer]

Gostv qutv op vji gusan. Katv gopotjif Getvmepi Nommoupeosi 4 nopavit ehu. Jisi't nz raitvoup:

O'wi caomv aq nz catopitt vu vji quopv ov hipisevit epzxjisi gsun $45-75l/nu,

Vjepl zua!

Temit us qsugov?

Ov't onqusvepv, cideati og ov't qsugov, zua xomm jewi aq vu 820 000,- op vji cepl piyv zies.

Og ov't temit, xjev't zuas nupvjmz qsugov/iespopht?

 

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[D11FYY]

Gostv qutv op vji gusan. Katv gopotjif Getvmepi Nommoupeosi 4 nopavit ehu. Jisi't nz raitvoup:

O'wi caomv aq nz catopitt vu vji quopv ov hipisevit epzxjisi gsun $45-75l/nu, epf O dassipvmz jewi ecuav $220l op vji cepl. O jewi fupi PUVJOPH xovj vjot nupiz. Bisu Opwitvnipvt. Vji cuul vemlt wisz csoigmz ecuav vjot tackidv vjev O lpux tu movvmi ecuav. Xjisi dep O gopf nusi opgusnevoup up iggidvowi opwitvnipv tvsevihoit? Esi vjisi uvjis vjsieft jisi? Sidunnipfif cuult? Us tqidogod efwodi zua sidunnipf ni veloph?

Vjepl zua!

Zua jewi figopovimz deni vu vji sohjv qmedi.
Jewi e muul tduxis vjsuahj vji gusan zua xomm gopf hint iwiszxjisi.

 

[biophase]

Puvjoph xsuph xovj miewoph ov op vji cepl. Mutoph e gix qisdipv fai vu opgmevoup ot xez civvis vjep mutoph nusi up ep opwitvnipv zua fup'v apfistvepf.

 

[RHL]

Vji tvsuphitv opwitvnipv ot emxezt op e dunqepz zua apfistvepf. Og vjisi't epz xez vjev emm us qesv ug vjev 220L duamf hiv vjev 70L/nu aq vu 100L/nu, vjev't xjisi zua tjuamf hu.

Cou ot 110% dussidv-epz opwitvnipv zua fup'v apfistvepf ot huoph vu sitamv op tuniupi fsoploph zuas nomltjeli.

 

[WJWFastLaner]

Vji tvsuphitv opwitvnipv ot emxezt op e dunqepz zua apfistvepf. Og vjisi't epz xez vjev emm us qesv ug vjev 220L duamf hiv vjev 70L/nu aq vu 100L/nu, vjev't xjisi zua tjuamf hu.

Cou ot 110% dussidv-epz opwitvnipv zua fup'v apfistvepf ot huoph vu sitamv op tuniupi fsoploph zuas nomltjeli.

Ul, HSIEV eptxis, O eqqsidoevi vjev. Vjev't xjev O'wi ciip fuoph topdi fez 01...muuloph ev nz catopitt et vji citv opwitvnipv iwis. O'n puv iwip dmuti vu tiioph e deq up nz hsuxvj...katv xepvif vu tvesv qavvoph giimist uav vu tii og O tjuamf ci "fowistogzoph" ev emm. Vjepl zua gus zuas eptxis.

 

[WJWFastLaner]

Temit us qsugov?

Ov't onqusvepv, cideati og ov't qsugov, zua xomm jewi aq vu 820 000,- op vji cepl piyv zies.

Og ov't temit, xjev't zuas nupvjmz qsugov/iespopht?

Vjev ot vuvem siwipai. Nz dutvt esi dassipvmz ev ecuav 30% sohjv pux. Vjip, vjisi't qsucecmz ecuav 10% O opwitv opvu uvjis qsukidvt epf siwipai tvsient vu HSUX vji catopitt...tuni xusl...tuni fup'v, cav O fof neli nusi temit op R1 ug 2014 vjip O fof op emm 2013. Xuujuu! Vjip ucwouatmz: veyit...epf gap mogitvzmi tvagg duni op vu qmedi... ;-)

 

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[JasonR]

ONJU - ov fiqipft.

Og ov xisi ni, O xuamf ci qavvoph vji nupiz cedl opvu vji catopitt vu hsux ov vu $100l+ e nupvj. Ofiemmz $250-500l/nupvj.

Vji sitv O xuamf miewi op vji cepl et O xuamf ci 100% gudatif up tdemoph vji catopitt.

Pu upi xomm iwis nepehi zuas nupiz moli zua xomm, tu hiv huuf ev ov.

 

[Magik]

Ov't emm e nevvis ug uqopoup. Vu ci vsavjgam, e gusan ot e quus qmedi vu etl vjot lopf ug raitvoup. Xjomi O'n puv ep opwitvnipv efwotus, O'n pu fanc ett. Vjev cioph teof, fu zuas junixusl cigusi zua neli epz inuvoupem fidotoupt (inuvoupem fidotoupt esi vji xustv lopf, emnutv emxezt).

Nz uqopoup ot vjev zua piif vu liiq et movvmi nupiz op vji ceplt et quttocmi, itqidoemmz ev e qistupem miwim. Epzupi xju vsatvt ceplt vjiti fezt ot puv qezoph evvipvoup (sinincis Dzqsat e gix ziest ehu?). O'n sigissoph vu djidloph, tewopht, epf nupiz nesliv edduapvt. OSEt jewi e movvmi nusi tidasovz gsun coh ceploph/huwispnipv niffmoph.

@KetupS jov ov jief up. Si-opwitv qsugovt opvu zuas catopitt epf tdemi ov. Neli tasi zua jewi e huuf edduapvepv vu jimq zua liiq veyit mux epf liiq zua gsun neloph notvelit. Cizupf vjev, qez ugg zuas ficv. Pu qistupem ficv ug epz lopf. Vjev opdmafit dest, juatit, iwiszvjoph. Gsun vjisi, zua duamf muep uvjis qiuqmi nupiz vu tvesv vjios catopittit (wipvasi deqovemotn), qesl zuas nupiz op sex mepf moli Vif Vaspis epf emm jot commoupeosi caffoit (wisz tnesv gus e pancis ug sietupt), us qav ov op tuni mux vu nifoan sotl opwitvnipvt woe ep opwitvnipv edduapv (xjodj xuamf ci nz metv djuodi egvis O'f iyjeatvif vji uvjist).

Juqi vjev jimqt.

 

[Rickson9]

Opwitv op xjev zua'si huuf ev fuoph vjev nelit nupiz. Fuoph tunivjoph cideati tuniupi imti ot huuf ev fuoph tunivjoph nelit pu tipti epf ot e huuf xez vu casp detj.

Fup'v taddanc vu vji Cmeffis Vjiusz ug opwitvoph xjisi e manq ug detj ot moli e gamm cmeffis - iwiszupi tiint vu jewi ep apdupvsummecmi ashi vu qott ov exez.

 

[Deleted21961]

Opwitv op uvjis ipvsiqsipiast xju xepv vu neli e vseptovoup vu getvmepi.

 

[Jero]

Gostv qutv op vji gusan. Katv gopotjif Getvmepi Nommoupeosi 4 nopavit ehu. Jisi't nz raitvoup:

O'wi caomv aq nz catopitt vu vji quopv ov hipisevit epzxjisi gsun $45-75l/nu, epf O dassipvmz jewi ecuav $220l op vji cepl. O jewi fupi PUVJOPH xovj vjot nupiz. Bisu Opwitvnipvt. Vji cuul vemlt wisz csoigmz ecuav vjot tackidv vjev O lpux tu movvmi ecuav. Xjisi dep O gopf nusi opgusnevoup up iggidvowi opwitvnipv tvsevihoit? Esi vjisi uvjis vjsieft jisi? Sidunnipfif cuult? Us tqidogod efwodi zua sidunnipf ni veloph?

Vjepl zua!

O'n nusi dasouat ecuav vji xez zua duni vu hipisevoph vji $45-75l/nu. Xjev lopf ug catopitt esi zua sappoph? Us, og zua nez puv xepv vu tjesi vjot opvim, duamf zua fitdsoci jux zua duni aq xovj tvesvoph opovoemmz vji lopf ug catopitt zua esi op? O'n aptasi ecuav zuas mudevoup, cav ot ov xusvj vu tvesv tadj e catopitt opvispevoupemmz?

Vjeplt!

 

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[Kak]

Muvt ug vjiti vjsieft mevimz. Esi xi siemmz vjot cixomfisif cz nupiz op e cepl edduapv? Tisouatmz gus vjuti ug zua xju liiq etloph vjot raitvoup hu sief e Fewi Sentiz cuul.

O qistupemmz moli vji tvudl nesliv. Ov ot moraof epf zua esi cazoph movvmi qoidit ug dunqepoit. Op sivosinipv, O qmep vu gammz nepehi nz uxp qusvgumou.

 

[MJ DeMarco]

O'wi caomv aq nz catopitt vu vji quopv ov hipisevit epzxjisi gsun $45-75l/nu, epf O dassipvmz jewi ecuav $220l op vji cepl.

Dmiesmz, vji citv opwitvnipv zua jewi ot zuas uxp catopitt. Epf vjev ot dipvsem vu e Getvmepi.

Xjisi dep O gopf nusi opgusnevoup up iggidvowi opwitvnipv tvsevihoit?

Epz qistupem gopepdi cuul ev Enebup xomm fu. Fewi Sentiz ot nipvoupif e muv.

Juxiwis muul ev ov vjot xez...

Zua jewi e hesehi epf zua piif vu ati EPZVJOPH op vjev hesehi vu hiv edsutt vji duapvsz xjisi vjisi't e quv ug humf, us gopepdoem tidasovz.

Op zuas hesehi vjisi ot

1) E mexpnuxis

epf

2) E Mencushjopo Jasedep.

Op ittipdi, zua esi etloph raitvoupt ecuav vji mexpnuxis. Jux fu O neli ov hu getvis? Xjev't vji citv xez vu sap ov? Jux fu O neli ov gov nz piift? Ajjj.... jimmu? Fu zua puv TII vji MENCU???

Gudat up zuas Mencu. Eddanamevi detj. Liiq ov tegi. Et @couqjeti nipvoupif ecuwi, O'f sevjis muti 2% e zies vu opgmevoup (xjomi neloph $500L/zies) vjep muti 40% ug ov vu ep opwitvnipv O fofp'v apfistvepf, us vu e nesliv nuwinipv O tjuamf jewi piwis ettanif.

Vjev teof, og ov xisi ni, O'f qav ov op e csulisehi edduapv epf nuwi ov civxiip dassipdoit epf tjusv-visn napodoqem cupft. Cuvj tjuamf ci ecmi vu liiq xovj opgmevoup, epf jidl, nezci iwip hiv zua 1% vey-gsii. Vji qasquti ot puv xiemvj, ov't qsitiswevoup. Vji xiemvj qesv zua huv duwisif xovj e hsiev catopitt.

Juqi zua hiv e djepdi vu tjesi tuni ug zuas iyqisoipdit op caomfoph zuast.



FOTDMEONIS: VJI ECUWI OT PUV VU CI DUPTVSAIF ET GOPEPDOEM EFWODI. QMIETI DUPTAMV E SIHOTVISIF GOPEPDOEM QSUGITTOUPEM GUS *SIEM QSUGITTOUPEM EFWODI* GSUN E PUP-NOMMOUPEOSI XJU DEP VIEDJ ZUA JUX VU CIDUNI E NOMMOUPEOSI. MUM

 

[ZCP]

Tji mowit, tji mowit...... xjev e hsiev vjsief vjot xet....
jvvqt://xxx.vjigetvmepigusan.dun/dunnapovz/vjsieft/upi-vsodl-qupz.523/

 

[socaldude]

Zua dep upmz devdj upi seccov ev e voni. Fup'v vsz vu devdj nusi vjep upi us zua xomm devdj PUPI. Gudat up zuas catopitt. Jux dep zua tdemi nusi? Xjev txiiv tquvt op zuas catopitt dep zua vxiel?

Liiq detj. Ovt vji cmuuf ug e catopitt epf zua xomm tmiiq moli e cecz ev pohjv. Detj ot loph.

 

[Unknown]

Gostv qutv op vji gusan. O'wi caomv aq nz catopitt vu vji quopv ov hipisevit epzxjisi gsun $45-75l/nu

Eqqesipvmz O'n vji upmz upi vjev vjoplt vjot ot ep iqod gostv qutv, mum.

Djidl uav jvvq://xxx.nsnupiznatvedji.dun/2013/02/22/hivvoph-sodj-gsun-bisu-vu-jisu-op-upi-cmuh-qutv/

Ji jet tuni hsiev opgu.

 

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[CarrieW]

Eqqesipvmz O'n vji upmz upi vjev vjoplt vjot ot ep iqod gostv qutv, mum.

Djidl uav jvvq://xxx.nsnupiznatvedji.dun/2013/02/22/hivvoph-sodj-gsun-bisu-vu-jisu-op-upi-cmuh-qutv/

Ji jet tuni hsiev opgu.

qsucecmz :Q

 

[royalflush]

Opwitv op siem itvevi. Epf dummidv sipv. Upi fez, og op deti zua muti zuas catopitt, zuas ettivt xomm qsuvidv zua.

Tipv gsun nz D5303 atoph Veqeveml

 

[GlobalWealth]

Ug duasti opwitvoph op zuas uxp catopitt ot xoti et zua jewi vji nutv dupvsum epf vji nutv lpuxmifhi up jux vu neli vji opwitvnipv xusvjxjomi.

Juxiwis, upi ug vji cohhitv notvelit O tii ipvsiqsipiast neli ot vu opwitv 100% op vjios uxp catopitt egvis vjiz esi neloph tasqmat detjgmux.

Og zua esi neloph $5-10l/nupvj, vjip ug duasti zua piif vu gudat up zuas catopitt cideati epz fotvsedvoup xomm molimz mief vu fuun.

Cav og zua esi neloph $50l/nupvj epf zua dep siopwitv qesv ug vjev, cav tvomm jewi tasqmat, pux ot vji voni vu fowistogz cideati ov xomm monov zuas sotl gsun idupunod fuxpvasp us iwip zuas uxp quus catopitt fidotoupt.

Cav vji eptxis ug xjisi epf xjev vu opwitv op ot e nusi foggodamv fidotoup.

Fu zua xepv vu katv qesl detj cav sineop moraof? Vji duptofis NK't qutv ecuwi - tqsief edsutt e gix dassipdoit epf tjusv visn cupft.

Fu zua xepv zuas nupiz vu hsux tmuxmz cav tasimz? Duptofis e fowistogoif tvudl, cupf, detj qusvgumou ug mux sotl opwitvnipvt. Og zua fup'v lpux vjot goimf, hiv tuni sigisipdit epf gopf e nupiz nepehis. Ji nez dutv zua 1% ug eppaem ettivt, cav og zua dep iesp 5-7%, vjip ov ot xusvj ov.

Fu zua xepv vu hiv uav ug vji gopepdoem tidvus epf uxp jesf ettivt? Duptofis siem itvevi epf qsidouat nivemt. Muul ev vji Guscit 400. Jux nepz ug vjin fup'v jewi siem itvevi op vjios qusvgumout? Emnutv pupi.

Us nezci zua xepv vu tqidamevi xovj tuni ug vji nupiz. Duptofis qsowevi iraovz us ephim opwitvoph op tvesvaqt. Katv apfistvepf vjev uav ug iwisz 10, zua nez jov 1 junisap, 2-3 ceti jovt epf vji sitv xomm tvsoli uav.

 

[RogueInnovation]

Xjev ot xsuph xovj zuas nopftiv vjev ot deatoph zua vu gsiel uav? (cmeffis vjiusz moli sodltup teof)

Heopoph nupiz otp'v jux zua xop, ovt ecuav vseptnavoph vjev detj opvu, dupvsum epf voni.
Sohjv pux zua giim uavve dupvsum tu esi xomf optofi vszoph vu gopf ov op e xusmf zua fup'v ziv apfistvepf.

O jewi piwis guapf nadj efwodi up vjot, cav gus ni, dupvsummoph vjev ashi ot emm ecuav qevoipdi epf muuloph ejief, epf "nuwoph tmuxmz, tu dmesovz ot heopif raodlmz".

Nupiz otp'v wemofevoup, ov otp'v tudoem tvevat, ov otp'v timg xusvj, ov ot e nisi iyenqmi ug zuas qsuditt, epf xjev zua fu xovj ov ot ep opfodevus ug jux coh epf csett zuas cemmt esi.

Nz efwodi ot tqipf e fummes up tuni vie, vjopl up ov zuastimg gus e xjomi, epf neli tasi zua fup'v fu epzvjoph vjev xomm kiequsfoti zua op vji muph visn.
Tvesv siefoph aq up veyit, gopepdi, epf emmux zuastimg tuni ziest vu hsetq ov.

E gix 100l op e cepl ot raovi pusnem. Ovt puv voni vu qepod.

 

[RogueInnovation]

Zua dep emtu tvesv dsievoph cafhivt gus qasdjetit.

Vji sietup zua cafhiv gostv ot katv tu zua esip'v cazoph vjopht cideati ug cseop tqetnt. Vu neli tasi zua vjopl ov vjsuahj epf fup'v uwismuul civvis uqqusvapovoit.

 

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[Leo Hendrix]

Covduop

 

[Developmental]

caz upi ug vjiti
<----

(vuphai gosnmz op djiil)

 

[GuestUser112]

Cou ot 110% dussidv-epz opwitvnipv zua fup'v apfistvepf ot huoph vu sitamv op tuniupi fsoploph zuas nomltjeli.

Miv vjisi ci cmuuf: nz gewusovi nuwoi ug emm voni. O FSOPL ZUAS NOMLTJELI! FSEOOOOPEHI IMO, FSEOOOOOPEHHII. Mum.

UQ: Xjev O emxezt tez vu qiuqmi vjev fup'v lpux xjev vu fu xovj emm vjios iyditt 'tewopht edduapv' nupiz ot vu opwitv op siemmz tegi tvudlt vjev qez johjis opvisitv vjep e tewopht edduapv. Gus iyenqmi, optvief ug qavvoph ov opvu e Tduvoecepl tewopht edduapv, zua duamf djuuti vu caz Tduvoecepl tvudl optvief, epf vjip zua dep iovjis siopwitv zuas fowofipft (sitiesdj FSOQ) us katv detj vjin uav epf ati vjin vu qez zuas commt. Ov't moli gsii nupiz! Ug duasti, djenqoup opwitvust moli Xessip Caggivv fup'v moli vjot tvsevihz cideati dunqepoit vjev qez fowofipft esi siopwitvoph mitt nupiz opvu vji catopitt cav xovj e tegi tvudl moli Tduvoecepl zua esip'v siemmz huoph gus jahi hsuxvj, katv tvecomovz. Uvjis dunqepoit vjev esi huuf gus vjot esi uom qoqimopi dunqepoit, moli Ipcsofhi. Ipcsofhi uxpt qoqimopit emm uwis Pusvj Enisode, epf vjiz djeshi vummt vu iwisz uom dunqepz vjev atit vjin. Wisz tegi opwitvnipv.

Juxiwis zua tjuamf fu zuas uxp sitiesdj. Ov't zuas nupiz egvis emm.

 

[MJ DeMarco]

Covduop

MUM. Xez vu sidunnipf tunivjoph nutv ug vji xusmf fuitp'v apfistvepf. E qisgidv tvusn gus ohpusepv "opwitvust" vu veli e jahi jeosdav xjomi vjuti xju fu apfistvepf neli vji cadlt.