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Where do you guys invest your IM money?

by rammbhat
22 replies
Hey guys

Just had a doubt. Where exactly do you guys invest the money you get outta IM? I mean we use most of it to impove our business, but theres a lot left. Dyu keep it in banks? Shares? Investment plans? Please share your ideas!
#guys #invest #money
  • Profile picture of the author ArticlePrince
    Real estate; I buy apartments and doubles. They're dirt cheap right now. Also zero bonds for my son's college fund. Feel free to PM me if you want specifics
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  • Profile picture of the author rammbhat
    niice! real estate sounds great if you make THAT much
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  • Profile picture of the author khanhdom
    yea wish I can make that much to buy some cheap real estate property right now
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  • Profile picture of the author Tim_Carter
    I invest it in paying for all the things my family wants and needs.
    I invest it in travel and good times.

    I invest it in nice toys.

    You only live once.
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    • Profile picture of the author JustinDupre
      Originally Posted by Tim_Carter View Post

      I invest it in paying for all the things my family wants and needs.
      I invest it in travel and good times.

      I invest it in nice toys.

      You only live once.
      Good point! You only live once.. might as well do what makes you happy right?

      I invest money to make more money
      I invest money in travel expenses and books

      Real estate is a very good investment if you know your way around the house.
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    • Profile picture of the author decadance
      Originally Posted by Tim_Carter View Post

      I invest it in paying for all the things my family wants and needs.
      I invest it in travel and good times.

      I invest it in nice toys.

      You only live once.
      You sure seems had nothing to worry about..
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    • Profile picture of the author birddog200
      Originally Posted by Tim_Carter View Post

      I invest it in paying for all the things my family wants and needs.
      I invest it in travel and good times.

      I invest it in nice toys.

      You only live once.
      AMEN Brother.
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  • Profile picture of the author Jonathan Denney
    PPC is the way to go if you double what you spent. Lets say you put $300 into Bing ads, if you generate $600 dollars in sales you just doubled your investment.
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  • Profile picture of the author ArticlePrince
    Real estate isn't as crazy expensive as people think. I bought a double for 13,ooo and it gets 1200 a month rent. Pays for itself in a year (if the tenants stay)... everyone should hire a financial planner. While I agree that you only live once, I work to live, not live to work. Rental income combined with IM is what allows me to work so little.
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    • Profile picture of the author Crew Chief
      Originally Posted by ArticlePrince View Post

      Real estate isn't as crazy expensive as people think. I bought a double for 13,ooo and it gets 1200 a month rent. Pays for itself in a year (if the tenants stay)... everyone should hire a financial planner. While I agree that you only live once, I work to live, not live to work. Rental income combined with IM is what allows me to work so little.
      Sean is absolutely right! My money goes into real estate. When you have the right Investment Team in place, (i.e., Closing attorney, accountant, bird dogs, Tax attorney, rehab crew, craftsmen, etc.) the sky is the limit.

      Diversifying income is crucial if you want to experience true financial independence. My next frontier and next area of diversification is the Foreign Exchange.

      Giles, the Crew Chief
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  • Profile picture of the author Tim_Carter
    Okay - to be completely honest.

    I have spent major $$ renovating my house.
    I bought a brand new travel trailer to travel around in.
    I contribute to RRSP's (Canada retirement savings)
    I save some in savings account.
    I invest in my business.

    That is about it.
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  • Profile picture of the author John Atkins
    I invest most of it online, on advertising mostly. That way my businesses
    keep getting bigger and bigger.
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  • Profile picture of the author mike.leembruggen
    yeah... real estate is a good option.. because you can leverage up to 95%... and it's a solid investment. Prices double every 7 years here in australia.

    There's not much you can buy for $13,000 though and rent for 1200 a month.... that's pretty good.
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  • Profile picture of the author Tim_Carter
    Real estate prices in Canada were largely unaffected by the downturn. My house increased $30k in value last year.

    However I am seriously considering buying a house near Phoenix. Both my brother and uncle have done so in the last few months. Prices are unreal cheap compared to here.

    I see sunbirding in my future....
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  • Profile picture of the author The_Archer
    Re-invest it in my website. I do product reviews so I spend my money on testing out new products. I also invest in professional website development. I outsource on sites like guru.com to have websites made that I couldn't do myself.
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  • Profile picture of the author Malik.A
    invest it in the bank, keeping it healthy as always.
    Truthfully it makes sense to invest it back into my online business where i initial made the money. Havent tried any offline investment yet
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  • Profile picture of the author Bertil Jenner
    I invest most of my earnings in real estate related businesses in emerging markets.

    I have burned in quite a few things in the past. So far, real estate seems to be the most solid for me.
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  • Profile picture of the author Anonymous Affiliate
    Retirement plans. As soon as I have my desired X amount (which I already have in mind and I'm on my way there), I am out of here. There's no chance I'm going to keep on working until I'm 60 or something.
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  • Profile picture of the author JayXtreme
    Property
    Gold
    Shares
    Life

    Life is the most enjoyable investment I make My family, daughter, we all appreciate investing in our life... live it fully.
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    Bare Murkage.........

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  • Profile picture of the author Greg Jacobs
    people, land and watches

    in that order.
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  • Profile picture of the author mm1
    hey first and foremost i reinvest in my i.m business lol then invest in some real estate i have a few fixer uppers and stocks depending on how the market is flowing at the time
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  • Profile picture of the author tommydesmond
    Yeah, if you're generating massive amounts from IM, then keep rolling it into new businesses. You can also start using some of your additional capital to start outsourcing time consuming elements of your business to outside contractors. Just an idea.

    I'm not a huge fan of public companies, it's too much like buying a car without a steering wheel, but if I had to call it out, I throw money into index funds. At least you get to broadly pace the market without any extra fees for the managers. I've had some decent return over the years from the Vanguard 500.
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