What to Do with $10,000 a Month?!

by 40 replies
54
If you had a constant recurring 10k a month, What would you
do with it?

I would love to hear from you all

Best Regards, Mikal Laster
#main internet marketing discussion forum #$10 #month
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    • Don't be a dreamer planning on how to spend your future wealth. Create the income first - and then decide how to spend it. Works better that way.
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  • 1. Start a dog farm in Texas. Make them wear sunglasses and funny hats.

    2. Spend time in forums with a very disturbing quote in my signature line.

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    • So that was you out on our farm taking notes and stealing our idea. BUSTED!
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  • Gamble

    drink irresponsibly.

    feel up random women at strip clubs

    Hide from the wife.

    Then sober up....and sit down and work out a way to ramp things up to $20,000 a month.

    Probably with more media buys, bigger email lists, more JV's, and especially more affiliates and adding products to the sales funnel and stuff.

    Then when all is said and done, go back to the gambling and drinking irresponsibly thing again, cause I bloody earnt it. LOL
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  • I second the dog farm idea - Let's JV!




    And on the serious side, I'd go with what Kay said.
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  • Buy a cafe in inner city Birmingham selling coffees and cupcakes, making returns on my IM earnings!
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  • Take a One week Vacation to Rio De Janeiro, Brazil, then come back and step it up to break at least the 20K mark
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  • I would first put some money in the bank into a decent account like an IRA.
    I would then also put some money into a bank account for our son.
    I would also put some aside for my wife and I to enjoy a bit of it.
    I would give my mom and dad some money to help them out during their rough moments.
    I would reinvest a portion of it to try to upscale it to 12k a month, then 15k, rinse & repeat.
    I would buy a chunk of food and give it to a homeless shelter
    I would give some to a children's charity or elderly charity of some sort (or cancer charity especially after losing an aunt, an uncle, and a close friend to it and seeing others who continue to suffer from it)
    I would give some to a small but reputable church (I gotta give some back to God if I'm ever lucky enough to be blessed with making 10k or more a month every month!)

    I would put some aside til I made enough 10k or more months and then get us a bigger house, a new car (fearing my old little 2001 Saturn will kick the bucket sooner or later), and other things.

    No particular order but things I would love to do with money if I had it.
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  • I would look for a way to invest it in new businesses or to make my current business grow while spending the rest on me and my family.
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    • What kind of other business would you be looking into?
  • Myself...I would get out of debt and then once that was done. I would begin finding charities to help and do mystery santa every christmas and maybe a mystery bunny for easter and mystery leprechaun for st patty's day....I think you get the idea.

    Oh, I forgot to say...ramp up to $20,000/mo.

    John
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  • I would use it to pay the bills, then split the remainder between reinvestment and saving for a Mercedes (my end-of-the-year goal).
  • E63 AMG

    You can get one a few years old (07-09) for $50K, or $89k retail new; I'd get one a couple of years old to save a few decades. God, they look beautiful.
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  • Save, reinvest in my business, and take a vacation
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  • I would invest it in my business and expand. I would also start looking for offline opportunities to invest in too.
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  • I would make sure that I save half of it in a bank and forget about it Then the half, I would use to invest more to the business to make it bigger thus, more income!
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    • Would reinvest into my business to up the output so that it reaches a point where I dont need to think about what to do when I have 10K free, that can be used any way I deem appropriate.
  • Many possible things. There's not enough information specific to what you do for anyone to know.
  • Well, I've already passed that milestone but if I were to make an extra $10,000 per month then I would reinvest it in my business and have fun!
  • With all due respect what does this have to do with making money?
    Next time you're bored post these questions in the off topic forum...
  • @ Mikal Laster

    you make my day. I enjoy most of the post here..

    I will give you a treat at Las Vegas
  • Scale it up! :p
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    • Yeah, I made a post about the critical mass of building up and spending money on fun stuff a while ago. Kind of relates to this thread..
  • Spend $0 for me, and spend all 10k/month on reinvesting.
  • I'd take 5K and invest it back into my business and I'd take the other 5K and move out of my parent's house. I hate living living with them and my dad likes to make rude comments about how my business is going to fail and how he's going to have to support me until he dies. Once I get my business up to 15K a month, I'll pay my parents back for letting me stay with them for so long.
  • I'd try to use to buy some properties on Monopoly?

    We are talking about play money right, because you're not making that much are you?
  • Would try to double it
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    • Exactly. Most people who spend large sums of cash on their business find that it's gone before they make anything in return.
  • Wait until you have around 50-70k, hire a office and some people to create a massive amount of MNS'.

    Simple Stan
  • I would recommend to diversify into real estate. Offline profits are just as important, if not more important than online profits.
  • maybe reinvest in passive income. Shares or so
  • Banned
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  • Start buying up land in developing countries.
  • You invest it. Put money in FX, buy and sell a few businesses, use the capital to build and grow other online businesses...then begin investing profits from those ventures into passive income streams..IE...income producing real estate.

    Michael
  • Banned
    Would definitely use it to build more wealth through investing (stocks, bonds, etc) and reinvest in business
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