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Advice from experts

by TJComer02
2 replies
Hey guys. I have had my ups and downs, but have recently got back in order. I've done a good bit of internet marketing, but in the last year i've begun to really study CPA (lead generation). I think it has alot of potential, and currently i can make a few hundred a day, but the methods i'm using are at their limit. What I mean is that I know i'm going to have to spend alot of money, and I have it. I'd like to invest 40K a month or possibly alot more if i can get a decent return. I am not hesitant to spend a ton of money if that's what it takes to make a profit. But, the thing is that I am getting into some areas that i'm unfamiliar with. So far i've done ok with ppc, but Now i've started to apply and get accounts with PPV advertising networks, which i've never done before. The thing is that I may not be quite as experienced with CPA marketing as some, but without bragging, I catch on extremely quick, and am very confident that I can make what I did with my other biz online. I am very good with handling money, but i'm not scared to spend. I almost posted something in the Joint Ventures forum, but i figure that anybody successful enough to run campaigns for me wouldn't be doing it because they've got their own money. So, now i'm basically asking this: What should I spend my money on. I'm not talking about long term investment. What I mean is like for example an adwords campaign where I may put it all on my credit card and at the end of the month pay it off and keep the profit. That's the kind of deal i'm talking about. I'm always up for buying websites that are making money, but i think i'm probably just as bright as some of the guys making alot of money with cpa. Again, not saying this to brag, but I am highly confident that I can pretty much do anything I set my mind to. My entire life i've overcome tremendous odds. It's not so much i'm smart it's that i've basically been making money since I was 8. For example: My grandparents only have 3 grandchildren. They decided to buy each one of us a new car when we graduated high school (brand new, like 25K) I decided to drive my old beat up jeep and put the money in some stocks that i researched. I made over 10 grand on that and used it to start buying cars and wholesaling them making tons of money. Anyway, I just want you guys to get a picture of who I am. Any advice on what to do with the money? And No i don't want someone to send me a PM about investing in their new forex software or something like that
#advice #experts
  • Profile picture of the author Dennis Gaskill
    If you don't mind some friendly advice, use paragraphs in your posts. Nobody wants to read a solid wall of text. When most folks encounter posts like yours it's one glance and gone...
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    Just when you think you've got it all figured out, someone changes the rules.

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    • Profile picture of the author ExRat
      Hi TJComer,

      If this is true -

      They decided to buy each one of us a new car when we graduated high school (brand new, like 25K) I decided to drive my old beat up jeep and put the money in some stocks that i researched. I made over 10 grand on that and used it to start buying cars and wholesaling them making tons of money.
      ...then stick to the system you used there - (patience, research, re-investing)...and avoid this -

      What I mean is like for example an adwords campaign where I may put it all on my credit card and at the end of the month pay it off and keep the profit.
      That last part is incongruent with the rest of your story. If you're as smart as you say you are, then you'll know that there's absolutely no need to 'gamble' with credit. Simply build up a pot of funds from your current activities and only ever 'play' with half of it. If you lose the half, build the pot back up using the old methods.

      It's not that some successful people haven't borrowed and then invested borrowed money - it's done all of the time. But for many people it ends up being a mistake that wipes out many years of diligent, hard work.

      For many people, the 'easy come, easy go' saying about money isn't true. It's nearly always 'easy go' but not so easy the other way. So the decisions you make which put the majority of long term profits at risk in the short term are obviously the most important ones.

      HTH.
      Signature


      Roger Davis
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