[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 2.03 MB, 3264x2448, IMG_1617.jpg [View same] [iqdb] [saucenao] [google]
19688822 No.19688822 [Reply] [Original]

>Hey everyone.

Long time since I was back here on /biz/ but I am at a standstill when it comes to ideas of investing and future growth, I don't really know what I should focus on. Mostly because I haven't focus on investing my money. I have plainly just lived my life but I want to leave the rat race and earn my own money purely on my own.

I inherit a lot of money when I was 16 I am 26 right now and I own 2 apartments, a cabin, and 75 hectares of land. the total value of everything is around 600k - 1 million dollars. I also have around 30k on stocks.

The thing is, I am worth a lot of money among common folks, I know this. But every month I earn money from one of the apartments I rent out, around 1,25k a month and obviously I can´t live on that alone. (taxes, loan, rent, etc.) so pure profit is around 600 dollars. I have to add that as of a month ago I´ve been unemployed.

My dream is to own enough buildings/apartments to pay me enough to live on that.

With the knowledge of what I am worth and what I own. What would you do in my position?

>> No.19689692
File: 55 KB, 581x525, 1591148824156.png [View same] [iqdb] [saucenao] [google]
19689692

BTC $1mill EOYYYY

>> No.19689713

>>19688822
Get job. Mortgage property. Rent property. Pay property off. Buy more property. Eventually quite your job.

>> No.19689756

>>19689692
haha yeah let's go

I didn't mention this but I do have around 10k on bitcoin, so diversify right ;)

>> No.19689775

>>19688822
Sell on amazon
With your net you can make a lot of mistakes at the beginning until you find the right product that makes you the most passive income.

>> No.19689922

>>19689713
That's true, so I for the apartment I'm renting out its about 150k mortgage left. it's worth around 310-340k. I have been thinking about working on paying this off and continuing to reinvest in a new building. But it's going to take some time. Sure I could pay it off faster if I took out money from my forest property.

So, if I said that I could pay off my loan tomorrow, you would suggest this?

>> No.19689941

>>19689775
>>19689775
affiliate marketing? I have been thinking about it, but it seems like it is in a real bubble right now. So I wouldn't try that.

>> No.19691083

>>19689941
Its not affiliate, its literally making your own product and selling it on amazon.