by raenic
49 replies
I've saved around 150k over the last two years, and looking to reinvent myself. I've found myself at a cross roads lately, trying and failing new ideas.

I'm finding myself uninspired lately, and I think two years of doing everything myself has worn me thin. I've been traveling the world the last few months and living off the passive income.

I have two questions.
1) How would you invest 150k? *I've been considering all in on Canadian oil with the exchange rate and oil prices being what they are currently*

2) Have any of you met a competent overseas business partner?
#150k #invest
  • Profile picture of the author talfighel
    Maybe it is time to create your own product in the niche that you used to do really well.

    Get someone professional to build everything for you.

    Then when you have a system in place, work your behind off to get as many affiliates to promote for you.
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  • Profile picture of the author Tom Addams
    Interesting post! There are a million ways to answer the question, and more details would be required, but I can give you some general direction. First of all: don't invest $150K online. It's one of those in-between startup figures. In other words: it's a lot more than you'll require to do most things, and not enough to pull off something high-end. What I suggest you do is see what gets turned up in this thread and do your research elsewhere. You're looking for a 4-figure startup, I would say, with the potential to deliver 4-figures/ month in the short term.

    Tom
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  • Profile picture of the author raenic
    The niche was a sale of certain digital goods relating to video games. The market is still there, however ban waves and saturation have made it a losing proposition recently.

    I agree, I likely wouldn't go all in on developing something online. And frankly, not quite certain what posting this will offer insight wise. However, when you are lacking inspiration sometimes you find it in unlikely sources.

    My current niche was profitable from the first month making 4k and escalated quickly from there.
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  • Profile picture of the author Tom Addams
    I'm in the gaming niche; among many others. Perhaps your first course of action should be to see if you can extend the life-cycle? Or perhaps there are related business models, that you can get into with a less steep learning curve?

    Tom
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  • Profile picture of the author raenic
    I've extended the life cycle many times by staying on top of trends and transitioning into the new markets related to a certain game before others. Including many value propositions such as ebooks ect that were essentially free money addons. (The ebook at it's peak sold 20 copies a day at $19.99 a pop.) My goal has always been to net a million before I'm 30, and while I don't spend a lot of money I've never been satisfied with earning XX,XXX amount.

    I've been considering to going into general digital good sales, as I already have a foothold through reputation within the digital goods selling communities. However, dealing with Chinese power levelers and sellers has always been an effort fraught with annoyance.
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    • Profile picture of the author Tom Addams
      Originally Posted by raenic View Post

      I've extended the life cycle many times by staying on top of trends and transitioning into the new markets related to a certain game before others. Including many value propositions such as ebooks ect that were essentially free money addons. (The ebook at it's peak sold 20 copies a day at $19.99 a pop.) My goal has always been to net a million before I'm 30, and while I don't spend a lot of money I've never been satisfied with earning XX,XXX amount.
      My advice? Stick with what you know. You can easily net a million with this model; especially given your experience and startup capital. Explore other markets, use a similar blueprint, and consider how to sell more than 20 copies a day. Work hard at that and seek to make your business passive again.

      Tom
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      • Profile picture of the author raenic
        Originally Posted by Tom Addams View Post

        My advice? Stick with what you know. You can easily net a million with this model; especially given your experience and startup capital. Explore other markets, use a similar blueprint, and consider how to sell more than 20 copies a day. Work hard at that and seek to make your business passive again.

        Tom
        All advice and thoughts are definitely welcomed.

        I agree that I should stick with what I know, right now my through process has been leading to things I have less experience with such as mobile applications. I've been considering developing a mobile application focused on english learning tailored to a certain south east asian country.

        I've also been considering going completely off base and trying to work with some startups in silicon valley. I just can't see myself being an employee again after years of freedom.
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        • Profile picture of the author Tom Addams
          Originally Posted by raenic View Post

          All advice and thoughts are definitely welcomed.

          I agree that I should stick with what I know, right now my through process has been leading to things I have less experience with such as mobile applications. I've been considering developing a mobile application focused on english learning tailored to a certain south east asian country.

          I've also been considering going completely off base and trying to work with some startups in silicon valley. I just can't see myself being an employee again after years of freedom.
          It's a frustrating situation; but a fun one, too. Speaking from personal experience, I don't think I've ever entered a market without first having some relevant experience. It's more of an organic growth process. Take your experience in gaming, for instance. Organic growth would be venturing into mobile game apps. You may be entering into a different model, but you bring along all of that gaming experience. Gotta dash. Phone.

          Tom
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  • Profile picture of the author J50
    The bigger question you should ask yourself is do you still enjoy staring into a computer screen?
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    • Profile picture of the author raenic
      Originally Posted by J50 View Post

      The bigger question you should ask yourself is do you still enjoy staring into a computer screen?
      It's tough to say, the motivation of late has been lacking but the overall passion for all things tech is what has allowed me to be successful thus far. I'm 24, traveling the world and working towards my savings goals and the computer screen has offered that life to me. I don't have a degree, I'm self taught and any time I've encountered a problem I analyze it and learn what I need to solve it. Thus far it's been everything from coding to marketing to design and everything in between.

      One big bonus I have at my disposal is a huge email list of qualified buyers. So branching into other gaming ventures seems to be the most realistic as I can utilize that with my reputations within said communities as well.
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      • Profile picture of the author gjabiz
        Originally Posted by raenic View Post


        One big bonus I have at my disposal is a huge email list of qualified buyers.

        .
        Seems to be an asset, eh?

        How many might be interested in how a 24 year old gamer traveling the world was able to save 150K ? Might be a few on that list who would want to know how, and within your story you solicit ideas from the market you know.

        gjabiz
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  • Profile picture of the author Amine Boudhief
    i can turn just 0.5% of your 150k$ into another 150k$ very quickly actually ,, i have a really great idea that will make a killing of course and looking for a sponsor because i can't afford it , so if you interested feel free to pm me for details! cheers
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  • Profile picture of the author Thomas W
    Diversify your portfolio
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  • Profile picture of the author dervaish
    don't invest any on online programs.... use free program to earn online ...
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  • Profile picture of the author Lurk
    Originally Posted by raenic View Post

    I've saved around 150k over the last two years, and looking to reinvent myself. My niche has grown over saturated and slowly becoming less and less profitable. I've found myself at a cross roads lately, trying and failing new ideas while the income has slowly been shriveling up. Peak was a net of ~30k a month, down to about 2k a month currently.

    I've been traveling the world the last few months and living off the passive income.

    question
    1) How would you invest 150k? *I've been considering all in on Canadian oil with the exchange rate and oil prices being what they are currently*
    I'd call the largest investment houses in canada and ask them for advice regarding oil exchange. You need perspective from people who eat sleep and breathe investing, assuming, this is a serious question.
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    DONT USE TIME CARELESSLY FOR IT CANNOT BE RETRIEVED. -LURK

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  • Profile picture of the author mdenamul18
    I think you should invest money, where you are expert. I mean you should do business, which business, you know. Without knowing the business, you should not invest huge money. Because you many be in loss project. I think it is a good amount of money, you should think more & more before investing the money. Thanks
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  • Depends on what your goals are. If that $150K is sitting around and you want it to return big dividends over the next 1-5 years, then I'd recommend investing in early stage startups.

    I can introduce you to some Startup opportunities via a small venture capital firm called Fresh VC out here in the SF/Silicon Valley area.

    I am personally raising $125K right now, but about $45K of that is already locked up. You're more than welcome to ask me for more information and a demo.

    Other than all of this, I'd buy Tony Robin's latest book on Investing and follow that verbatim.
    My hedge-fund manager friend said his book is really, really quality.
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  • Profile picture of the author Lurk
    Wonder who ghost wrote Tony's new book!!!!!!!!
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  • Profile picture of the author johnben1444
    Investing in real estate will greatly pay off.

    On the other hand, i wouldn't completely stay away from the online business opportunity.
    You don't have to hear from anyone, you have been there before.
    All you need to do is visit there again and kick start something.
    Maybe you should do it a little bit differently this time by hiring a team
    to handle the task on your behalf.
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  • Profile picture of the author Tim_Carter
    Buy 15 Apple watches at $10,000 and look like an iDouche (Anna Kendrick) I mean then sell them on EBay.
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  • Profile picture of the author icoachu
    Invest in an outbound sales call center in the Philippines.

    Alternatively, you can invest in certain types of BILLING operations.

    The great thing about these is that $150K is just right. Normally, $150K is NOT ENOUGH for a brick and mortar business-especially in the US.

    Also, if you find the right partner, it can be a HANDS OFF / AUTOPILOT arrangement.

    Reference:
    Ringing in the changes: The Philippines' call center boom - CNN.com
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  • I would invest the $150k in creating my own high quality information product online, and invest in the paid traffic generation methods required to generate sales. It seems simple and easy to do, but it is hard work.

    There is no time to feel uninspired, it's time for you to be creative. Take immediate action and generate more sales so you can continue to travel the world and go on long well deserved holidays.
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  • Profile picture of the author Jbarzok
    You don't want to take further risk, I understand the reason you are feeling down and nothing seems to work. Well I did a lot of research online and offline on Investment and seriously if you take my advice, that means you saved all those months of research.
    1- Set a budget, let's say $50K
    2- Diversify your options. Invest in at least 5 different modules that work. For examples buying websites, Pay per call, affiliate marketing, stocks and 1 start up with out of the way approach (as mentioned by many, never tried myself)
    3- Have some patience and wait for results to come in!
    4- Choose a winner - the one with highest ROI (Return over Investment)
    5- Steadily, invest more.
    You will find yourself in a far better place in few months laughing at this situation.
    Again,
    don't let others demoralize you. Keep on doing what you use to. Talk about something other than business in your family and friends.
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    • Profile picture of the author raenic
      Originally Posted by Lurk View Post

      I'd call the largest investment houses in canada and ask them for advice regarding oil exchange. You need perspective from people who eat sleep and breathe investing, assuming, this is a serious question.
      I've done quite a bit of my own research on the prospect, I tend to stay away from investment firms as they are generally have their own interests in mind. I've always been analytical with a sense of pattern recognition, I've tried my hand at day trading and almost doubled up in just over a month. Granted, I think just as in poker translating that success from play money to real money may encounter more resistance.

      Originally Posted by mdenamul18 View Post

      I think you should invest money, where you are expert. I mean you should do business, which business, you know. Without knowing the business, you should not invest huge money. Because you many be in loss project. I think it is a good amount of money, you should think more & more before investing the money. Thanks
      My goal has always been to identify where the most profit is possible, learn as much as I can about it, and then make an informed investment. I also don't believe in going in blind, but I hate to limit myself to things I already know. I've gotten here so far by pushing the boundaries of my knowledge and learning what I know.
      Originally Posted by ThePokerEconomist View Post

      Depends on what your goals are. If that $150K is sitting around and you want it to return big dividends over the next 1-5 years, then I'd recommend investing in early stage startups.

      I can introduce you to some Startup opportunities via a small venture capital firm called Fresh VC out here in the SF/Silicon Valley area.

      I am personally raising $125K right now, but about $45K of that is already locked up. You're more than welcome to ask me for more information and a demo.

      Other than all of this, I'd buy Tony Robin's latest book on Investing and follow that verbatim.
      My hedge-fund manager friend said his book is really, really quality.
      Yes, right now I have a tad bit over 150k sitting in bank untouched doing nothing much for me. I'll look into the new Tony Robin's book. As an avid techcrunch and recode reader, I am really interested in the Silicon Valley. I think if I were to get involved I would prefer moving there and pursuing a position within an early stage start-up more-so then providing capital. The boom and bust nature of it deters me from wanting to personally invest. For every success story there are 10 failures and I don't have the bank roll to support that.
      Originally Posted by johnben1444 View Post

      Investing in real estate will greatly pay off.

      On the other hand, i wouldn't completely stay away from the online business opportunity.
      You don't have to hear from anyone, you have been there before.
      All you need to do is visit there again and kick start something.
      Maybe you should do it a little bit differently this time by hiring a team
      to handle the task on your behalf.
      I agree, online business has been where I am most successful and I definitely wouldn't swear it off. The problem with investing with real estate is I am very debt adverse and there isn't much I could buy with only $150k.
      Originally Posted by icoachu View Post

      Invest in an outbound sales call center in the Philippines.

      Alternatively, you can invest in certain types of BILLING operations.

      The great thing about these is that $150K is just right. Normally, $150K is NOT ENOUGH for a brick and mortar business-especially in the US.

      Also, if you find the right partner, it can be a HANDS OFF / AUTOPILOT arrangement.

      Reference:
      Ringing in the changes: The Philippines' call center boom - CNN.com
      That's very interesting, I'm actually living in South East Asia right now. Currently in Ho Chi Minh, Vietnam and there are definitely similar opportunities. Vietnam has a lot more "coffee money" required to be successful here. I've also considered a web design and coding startup which could offer reasonable rates by utilizing local vietnamese coders.
      Originally Posted by gjabiz View Post

      Seems to be an asset, eh?

      How many might be interested in how a 24 year old gamer traveling the world was able to save 150K ? Might be a few on that list who would want to know how, and within your story you solicit ideas from the market you know.

      gjabiz
      I've always thought about doing that, even if just for the benefits of sponsored travel. (Yes please!)
      Originally Posted by Devilfish168 View Post

      If I have 150K spare seriously I will choose to invest on stocks than on IM.

      Day trading is definitely something that I am interested in.
      Originally Posted by Jbarzok View Post

      You don't want to take further risk, I understand the reason you are feeling down and nothing seems to work. Well I did a lot of research online and offline on Investment and seriously if you take my advice, that means you saved all those months of research.
      1- Set a budget, let's say $50K
      2- Diversify your options. Invest in at least 5 different modules that work. For examples buying websites, Pay per call, affiliate marketing, stocks and 1 start up with out of the way approach (as mentioned by many, never tried myself)
      3- Have some patience and wait for results to come in!
      4- Choose a winner - the one with highest ROI (Return over Investment)
      5- Steadily, invest more.
      You will find yourself in a far better place in few months laughing at this situation.
      Again,
      don't let others demoralize you. Keep on doing what you use to. Talk about something other than business in your family and friends.
      Thank you for the valuable input, I definitely have taken note.
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  • Profile picture of the author Michael Fuentes
    Raenic,

    What I'd do is invest a third of that in something that effectively combines my expertise and available non-fiscal resources into an offer that's compelling for both the B2B market and the B2C market. Here's a case example:

    If I had expertise in the PC gaming industry (I do) and in the PC system optimization /security industry (I do) and had expertise in PC and mobile development (I do) and had existing resources in the inbound multi-lingual call center industry (I do) ...

    ... Then ...

    What I'd do are the following things:

    • Develop a PC system optimization / security product for an annual subscription license with a 1-month trial;

    • Create a list of good affiliate PC app products with significant recurring commissions for annual subscription licenses, which can provide direct and lateral benefits supplemental to the benefits provided by my product;

    • Form a small call center team of English and Japanese-speaking sales reps, customer support agents and tech support specialists;

    • Develop a list of gaming companies that need phone, email and live chat support services for their English and Japanese prospects and existing customers;

    • Create an offer where these companies will get 100% free phone, email and live chat support services from my team for the pre / post sales, product support needs and tech support problems of their English and Japanese users, and where my team can upsell my own product and affiliate products, depending on the relevant needs of the user, and where I split sales of my own products and commissions of my affiliate products to those companies based on mutually agreed fixed commission percentages; and

    • Target these companies for Web and direct advertising campaigns ...

    I'd scale up as needed ...

    Well, that's just me, and this matches what we're currently doing now, though in other industries ...
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    • Profile picture of the author raenic
      Originally Posted by Michael Fuentes View Post

      Raenic,

      What I'd do is invest a third of that in something that effectively combines my expertise and available non-fiscal resources into an offer that's compelling for both the B2B market and the B2C market. Here's a case example:

      If I had expertise in the PC gaming industry (I do) and in the PC system optimization /security industry (I do) and had expertise in PC and mobile development (I do) and had existing resources in the inbound multi-lingual call center industry (I do) ...

      ... Then ...

      What I'd do are the following things:

      • Develop a PC system optimization / security product for an annual subscription license with a 1-month trial;

      • Create a list of good affiliate PC app products with significant recurring commissions for annual subscription licenses, which can provide direct and lateral benefits supplemental to the benefits provided by my product;

      • Form a small call center team of English and Japanese-speaking sales reps, customer support agents and tech support specialists;

      • Develop a list of gaming companies that need phone, email and live chat support services for their English and Japanese prospects and existing customers;

      • Create an offer where these companies will get 100% free phone, email and live chat support services from my team for the pre / post sales, product support needs and tech support problems of their English and Japanese users, and where my team can upsell my own product and affiliate products, depending on the relevant needs of the user, and where I split sales of my own products and commissions of my affiliate products to those companies based on mutually agreed fixed commission percentages; and

      • Target these companies for Web and direct advertising campaigns ...

      I'd scale up as needed ...

      Well, that's just me, and this matches what we're currently doing now, though in other industries ...
      I like your thought process, thank you for a very valuable post.
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  • Profile picture of the author Xochitl Shat
    Will not fit all of your eggs in one basket, you've 100k to take a invest. Flip headings as well as qualities and soon you realize that initial buy and hold jewel. Resolve your own credit ratings and purchase, refi as well as repeat, continuously. Select that people notify regarding the income you must spend.have to invest.
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  • Profile picture of the author TryBPO
    Is there an opportunity for you to buy out competitors in your current niche or buy websites/businesses that run parallel to what you're currently doing?

    I know that you're saying your niche has dried up, but what are your (previous/current) customers doing instead? Who are they buying from? What are their interests?

    If you can find a competitor or parallel industry that has a business you can purchase you can retain your current customers and offer them something else. That business will be much more valuable to you than it is to them, because it's not simply a portfolio or cash-flow purchase.
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    • Profile picture of the author raenic
      Originally Posted by TryBPO View Post

      Is there an opportunity for you to buy out competitors in your current niche or buy websites/businesses that run parallel to what you're currently doing?

      I know that you're saying your niche has dried up, but what are your (previous/current) customers doing instead? Who are they buying from? What are their interests?

      If you can find a competitor or parallel industry that has a business you can purchase you can retain your current customers and offer them something else. That business will be much more valuable to you than it is to them, because it's not simply a portfolio or cash-flow purchase.
      I've purchased a high quality expiring domain for a more general gaming sales niche which I believe can be beneficial as while some games dry up there will always be something new. I've communicated with a chinese power seller and secured services for other games at a flat 20% profit and will be exploring that. I have an email list of every paying customer I've had over the last two years and established myself in the main gaming sales communities which I think will be very valuable to transitioning to a more generic sales. The issue comes with inconsistencies in most Chinese suppliers, but they are a necessary evil expand into a wider array of games.

      I think I will also be trying my hand at a personal blog aimed at others in similar situations, looking to explore new ideas, travel more, and are seeking inspiration based my own failures or successes as they come along. I've been a little apprehensive about something so personal as I am generally a fairly private person.

      I also like the idea of sourcing local coding talent from vietnam and working on something with a more disruptive potential.

      EDIT:
      TryBPO, I am also in Saigon currently.
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      • Profile picture of the author TeeDesignStudio
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      • Profile picture of the author TryBPO
        Originally Posted by raenic View Post

        TryBPO, I am also in Saigon currently.
        Small world!

        We must have some mutual friends here. Are you in the HCMC GroupMe? In the FB group?

        For anyone looking to get started in Saigon, check out HochList.
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        • Profile picture of the author raenic
          Originally Posted by TryBPO View Post

          Small world!

          We must have some mutual friends here. Are you in the HCMC GroupMe? In the FB group?

          For anyone looking to get started in Saigon, check out HochList.
          I'm in a few of the Expat groups, however not too familiar with many other tech oriented expats.

          We should grab a beer sometime
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    • Profile picture of the author raenic
      Originally Posted by tyronne78 View Post

      If I had $150k to invest in a business I would get into Amazon FBA:

      What is Fulfillment by Amazon (FBA)? - YouTube
      Fulfillment definitely is a bit out of my comfort zone after specializing in digital goods and services, however I'll definitely look into it.
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  • Profile picture of the author yougpeter
    Buy real silver for around 30k....
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    • Profile picture of the author wedreamseo
      Banned
      Team up with me, let's start an SEO company in Vietnam!

      I have all the knowledge in house, I have funds same like you so we can do all 50/50, you speak the language, you know who to hire and train them, I train you. In fact we don't need a lot of staff, 1 or 2 is enough to start with and salaries aren't high in Vietnam.

      We start doing billboard advertisements with a bit of a trick.

      In case it doesn't work out we don't loose much, just start with a small office, land line, billboard advertisements for 1 month and see what it brings, if nothing we both lose a few thousand and call it a day.

      At another IM forum I read about a guy doing this in India, he's banking BIG time. I thought about doing it in Thailand but it's not easy to find reliable business partners here, let alone people with money that believe in the idea. Thailand also has some strange rules like hiring a minimum of 5 Thai employees and Thai owning the company for 51%, all things that I am not very happy with, especially when I have to take care of 100% of the costs.

      Anyway hit me up if interested, I'm ready to roll.

      BAM Right in the face but that's my style
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      • Profile picture of the author xdarknightz
        Originally Posted by wedreamseo View Post

        Team up with me, let's start an SEO company in Vietnam!

        I have all the knowledge in house, I have funds same like you so we can do all 50/50, you speak the language, you know who to hire and train them, I train you. In fact we don't need a lot of staff, 1 or 2 is enough to start with and salaries aren't high in Vietnam.

        We start doing billboard advertisements with a bit of a trick.

        In case it doesn't work out we don't loose much, just start with a small office, land line, billboard advertisements for 1 month and see what it brings, if nothing we both lose a few thousand and call it a day.

        At another IM forum I read about a guy doing this in India, he's banking BIG time. I thought about doing it in Thailand but it's not easy to find reliable business partners here, let alone people with money that believe in the idea. Thailand also has some strange rules like hiring a minimum of 5 Thai employees and Thai owning the company for 51%, all things that I am not very happy with, especially when I have to take care of 100% of the costs.

        Anyway hit me up if interested, I'm ready to roll.

        BAM Right in the face but that's my style


        You can started it in a Country in Latin America, the more stable with a solid democracy and I am from here with a lot experience,


        I have the infraestructure, goverment relationtship a lot of info and projects, Just need a bussines partner with cash flow,


        I am a serios person, with and MBA, a lot of knowledge looking for expand and bring opportunities to my country and help a lot of people that need job.


        Contact me with your skype or email to my pm, maybe we can discuss a lot of bussines opportunities in a Country what is cheap, near of us, excelent english (Not my case), lot of amazing engineers, we have companies like intel etc.


        Thanks
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        • Profile picture of the author wedreamseo
          Banned
          Originally Posted by xdarknightz View Post

          You can started it in a Country in Latin America, the more stable with a solid democracy and I am from here with a lot experience,

          I have the infraestructure, goverment relationtship a lot of info and projects, Just need a bussines partner with cash flow,

          I am a serios person, with and MBA, a lot of knowledge looking for expand and bring opportunities to my country and help a lot of people that need job.

          Contact me with your skype or email to my pm, maybe we can discuss a lot of bussines opportunities in a Country what is cheap, near of us, excelent english (Not my case), lot of amazing engineers, we have companies like intel etc.

          Thanks
          Thanks but no thanks, first I have no plans to move to Latin Amercia, secondly I'm looking for a more equal partnership where we both invest time + money.
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          • You should diversify your investments.

            The question I have for you is: Do you want to be active or passive with your investments?

            As an accountant, I can show you passive ways to grow a portion of your available funds.

            I will PM you.
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  • Profile picture of the author Brent Stangel
    Don't invest in Canadian or any other oil market. In case you haven't been following along, the bottom has fallen out in a big way. Rigs are shutting down, workers are being laid off...

    I've said it before, if you have money to invest, the very best ROI i've ever found is alternative energy.

    BTW - I left the MMORPG market behind, a while ago.
    Signature
    Get Off The Warrior Forum Now & Don't Come Back If You Want To Succeed!
    All The Real Marketers Are Gone. There's Nothing Left But Weak, Sniveling Wanna-Bees!
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  • Profile picture of the author Janice Sperry
    My suggestion is don't listen to 95% of the advice in this thread.
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    • Profile picture of the author raenic
      Originally Posted by wedreamseo View Post

      Team up with me, let's start an SEO company in Vietnam!

      I have all the knowledge in house, I have funds same like you so we can do all 50/50, you speak the language, you know who to hire and train them, I train you. In fact we don't need a lot of staff, 1 or 2 is enough to start with and salaries aren't high in Vietnam.

      We start doing billboard advertisements with a bit of a trick.

      In case it doesn't work out we don't loose much, just start with a small office, land line, billboard advertisements for 1 month and see what it brings, if nothing we both lose a few thousand and call it a day.

      At another IM forum I read about a guy doing this in India, he's banking BIG time. I thought about doing it in Thailand but it's not easy to find reliable business partners here, let alone people with money that believe in the idea. Thailand also has some strange rules like hiring a minimum of 5 Thai employees and Thai owning the company for 51%, all things that I am not very happy with, especially when I have to take care of 100% of the costs.

      Anyway hit me up if interested, I'm ready to roll.

      BAM Right in the face but that's my style
      I'd be interested in discussing this further, however I don't speak the language nor would I hire any vietnamese staff that don't speak english. You can hire university students for $200 a month.
      Originally Posted by Brent Stangel View Post

      Don't invest in Canadian or any other oil market. In case you haven't been following along, the bottom has fallen out in a big way. Rigs are shutting down, workers are being laid off...

      I've said it before, if you have money to invest, the very best ROI i've ever found is alternative energy.

      BTW - I left the MMORPG market behind, a while ago.
      I'm specifcally looking at ShawCor which has an amazing balance sheet, and while affected by the oil prices they deal with piping.
      Originally Posted by Janice Sperry View Post

      My suggestion is don't listen to 95% of the advice in this thread.
      Haha, it makes a nice sounding board and brainstorming place at the very least.
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      • Profile picture of the author wedreamseo
        Banned
        Originally Posted by raenic View Post

        I'd be interested in discussing this further, however I don't speak the language nor would I hire any vietnamese staff that don't speak english. You can hire university students for $200 a month.
        Oh I thought you were originally from Vietnam, I'll send you a PM.
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  • Profile picture of the author caspeer
    if i were you,i will start up airliner company in usa by leasing one aircraft
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  • Profile picture of the author web lover
    If I were You , I will Invest it Offline rather than online , I will start a small brand and little company

    Good luck
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  • Profile picture of the author chikhba
    find a good internet marketing mentors or gurus and invest on learning the more advanced tools and concepts of internet marketing .good luck brother!
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  • Profile picture of the author Curtis2011
    With that much money I would probably just buy a pre-existing website that already has cashflow. Of course, I wouldn't put it all into one site. You can check out empireflippers.com if you want to look for a site to buy. I have never bought from there, but I've heard good things of it.
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  • Profile picture of the author joseph7384
    Someone mentions "I have x amount of $$$" and the sharks come out for the kill.
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  • Profile picture of the author John Westbrook
    Originally Posted by raenic View Post

    I've saved around 150k over the last two years, and looking to reinvent myself. My niche has grown over saturated and slowly becoming less and less profitable. I've found myself at a cross roads lately, trying and failing new ideas while the income has slowly been shriveling up. Peak was a net of ~30k a month, down to about 5k a month currently.

    I'm finding myself uninspired lately, and I think two years of doing everything myself has worn me thin. I've been traveling the world the last few months and living off the passive income.

    I have two questions.
    1) How would you invest 150k? *I've been considering all in on Canadian oil with the exchange rate and oil prices being what they are currently*

    2) Have any of you met a competent overseas business partner?
    Cool questions and a good "problem" to have

    I know a guy who is extremely competent and does a lot of overseas business. PM me and I'll try to get you two in touch.
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    John Westbrook ~ Poet/Author & Consultant

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