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What to do with 30k

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Drmindmotive

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Hello,
I want financial freedom.
I am working towards finanical freedom. With that time I can add so much value to the world and to our youth. I love pain I love success. I am willing to break through all barriers to get to a place where I can offer guidance and support to people because that is what life is about.
 
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MJ DeMarco

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Where did you get the 30K?
 
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Drmindmotive

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Where did you get the 30K?
I've been working since I was 16 never been out of a job. Been saving, living below my means. I was in a small MLM networking company. I also tade stocks via Etrade (nothing serious just yet).
Will be seperating from the military late next year.
I am willing to do anything, move anywhere, learn as much as I can to put myself in great situations.
 

jon.a

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MJ DeMarco

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Sir,
What are some ideas you gather from the book as to where to utlize your money?

How does a nice portfolio of mutual funds, whole life insurance, and a no-match 401(k) plan sound?
 

Drmindmotive

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How does a nice portfolio of mutual funds, whole life insurance, and a no-match 401(k) plan sound?

MJ,
I would like to avoid fees sir. Mutual funds are no good. Index universal life insurance does seem appealing once I have money that I would Like to sit and gain some intrest over time with low risk. With the money I have now I want to maximize it as soon as possible. Willing to look into High risk High reward oppurtunities. Never gave 401k the time of day to learn to much about, at this point in my life Im not considering long term investing (Yes I do know the importance of having a long term nest egg.)
 
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Gsuz

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Please...read the book.
 

Drmindmotive

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In that case - MLM might be an attractive avenue.
Are personally you involved in any at the moment sir?
I was in a Multi level Marketing conpany for nearly 2 years before it had dissolved.
I found that I needed smarter friends lol.
So looking foward to networking, building myself and my credibility perhaps before jumping on that ship again.
Who knows I am open minded.
 
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Get Right

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Are personally you involved in any at the moment sir?
I was in a Multi level Marketing conpany for nearly 2 years before it had dissolved.
I found that I needed smarter friends lol.
So looking foward to networking, building myself and my credibility perhaps before jumping on that ship again.
Who knows I am open minded.

Yea, I know what you mean about the smarter friends. I'll keep an eye out.
 
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MJ DeMarco

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Who knows I am open minded.

Ya say? Did you read this?

https://www.thefastlaneforum.com/co...i-have-some-money-what-do-i-do-threads.52906/

What did you think?

Please...read the book.

Ain't no body got time for that! That $30K is burning a hole in his mattress...



Willing to look into High risk High reward oppurtunities.

Then consider investing in start ups via crowdfunding websites like CircleUp or something similar. If you invest in 10, 9 will go bankrupt and 1 might hit it big. If it were I, I'd sit on the cash and use it as an option on life. In other words, it gives you some choices.

Good luck.
 
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blackhat

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I've been working since I was 16 never been out of a job. Been saving, living below my means. I was in a small MLM networking company. I also tade stocks via Etrade (nothing serious just yet).
Will be seperating from the military late next year.
I am willing to do anything, move anywhere, learn as much as I can to put myself in great situations.

What have you done so far to accomplish the learning part?
 
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Drmindmotive

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What have you done as so far to accomplish the learning part?
I've done alot. Attend confrences, seminars, Ask questions, Life experiences. Much more needs to be done. Apparently I should read more lol. In every ounce of spare time I have I am googling my a$$ off.
 
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csalvato

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I've done alot. Attend confrences, seminars, Ask questions, Life experiences. Much more needs to be done. Apparently I should read more lol. In every ounce of spare time I have I am googling my a$$ off.
It's not quantity. It's quality. That's why people are telling you exactly what book to read.
 

csalvato

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Let me think....... Yes.
Are you actively involved in any oppurtunities sir?
I am actively involved in ventures. They aren't opportunities for you at all, unless you can provide some value to me.
 
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blackhat

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I've done alot. Attend confrences, seminars, Ask questions, Life experiences. Much more needs to be done. Apparently I should read more lol. In every ounce of spare time I have I am googling my a$$ off.
Reading is huge. As is life experience. Google is good as well.

Are you talking about free conferences and seminars? In my experience, those are almost always free because their sole purpose is to get you to join a MLM or buy a product that the author hasn't even personally used.
 

Drmindmotive

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I am actively involved in ventures. They aren't opportunities for you at all, unless you can provide some value to me.
Hahah your good. You dont find money valuable sir? You dont want my money? :(
 
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