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      05-24-2008, 08:12 AM   #1
J BONE
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Making money...

Alright, can we leave this thread to real ideas please? I know there are some threads like this already but I thought I would start a new one. Now as cool as it would be to make millions, that is not what I am saying. How do you guys make an extra 50-100K? I have a great job in medicine, but am concerned with the way health care is going. Each year we get cut more and more. I own some propery and invest in the market. I have started looking into options. Seems cool, but also hard. I bought my first option about five months ago. Shoulda sold the damn thing . Anyway, just wondering what you guys do.
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      05-24-2008, 08:17 AM   #2
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I cant talk about what I do Im Italian fogetaboutit
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      05-24-2008, 08:17 AM   #3
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I partner up with people with ideas and return take interest.
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      05-24-2008, 08:38 AM   #4
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I cant talk about what I do Im Italian fogetaboutit
Me too! Lets work something out! Just looking to make a little extra to sock away in case I have kids. Holy shit is it expensive to put them in college. Nothing like it was when I went.
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      05-24-2008, 11:45 AM   #5
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INVEST!
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      05-24-2008, 11:46 AM   #6
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INVEST!
I do invest its called RE~UP from my pharmaceutical broker
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      05-24-2008, 11:50 AM   #7
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haha, i think of myself as a stock. invest in yourself, buy assets and look for opportunities everyday and you'll be set to go. better be a bull market over this end.
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      05-24-2008, 01:13 PM   #8
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I agree. Just wondering what other guys do outside of their real jobs. I am not looking to get rich quick. Would like to make some extra money though. I always like to pick other peoples brains to see what they do. I invest for the long term, own real estate, etc. More curious about the options market I guess. Anyway, thanks bro.
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      05-24-2008, 02:36 PM   #9
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Originally Posted by J BONE View Post
I agree. Just wondering what other guys do outside of their real jobs. I am not looking to get rich quick. Would like to make some extra money though. I always like to pick other peoples brains to see what they do. I invest for the long term, own real estate, etc. More curious about the options market I guess. Anyway, thanks bro.
no limit hold'em...in all seriousness i know a couple of guys that make a few G's a week playing on the weekends. You just need to know when to stop if you're down.
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      05-24-2008, 03:52 PM   #10
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Long term real estate investments are the way to go. Over a 15-year period you'll see a higher return than you would in risky investments. You can do very well. And you have equity down the road that will be a powerful option when you retire.
+1

Now is a good time to collect chips (real estate) since prices are low. Gotta have good credit and some cash down, but this is the way to go.
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      05-24-2008, 10:49 PM   #11
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invest at least 25% of your gross salary and you will eventually be weathly at some point. Start reading stock option books, strategies, money management, and risk management books before you attempt to gamble at buying/selling options. Yes they give you more leverage than buying a share of stock but, it takes time to learn how to make consistent profits that outweigh your losses. If you want any recommendations for books let me know.(lots of bad investing/trading books, so don't listen to everything you read)
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      05-24-2008, 11:19 PM   #12
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Quote:
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Long term real estate investments are the way to go. Over a 15-year period you'll see a higher return than you would in risky investments. You can do very well. And you have equity down the road that will be a powerful option when you retire.
why real estate? you never really own your property if you have liabilities year in and out (taxes, maint, insurance). if you take those into account over a long period, you real rate of return is very little. buy stocks and start your own company. thats the way to go!
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      05-25-2008, 12:52 AM   #13
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I cant talk about what I do Im Italian fogetaboutit
ahaha you're funny mike

its how i roll here in Tokyo when they ask what I do.

Be an entrepreneur by any means
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      05-25-2008, 01:27 AM   #14
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Colombian snow. That's all I can tell you.
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shit, if i had that kind of money id buy a gtstreet for monday, an ascari a10 for tuesday, a DBS for wednesday and id just ride jessica alba the rest of the week.
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      05-25-2008, 02:18 AM   #15
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Colombian snow. That's all I can tell you.
+1
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      05-25-2008, 02:26 AM   #16
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get down on your knees
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      05-25-2008, 01:16 PM   #17
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My father buys toys from target, wholesalers, ect. Then resells them on Ebay for near retail. During the 3 months before christmas he made $100g's
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      05-25-2008, 01:19 PM   #18
J BONE
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Quote:
Originally Posted by ejheverest View Post
invest at least 25% of your gross salary and you will eventually be weathly at some point. Start reading stock option books, strategies, money management, and risk management books before you attempt to gamble at buying/selling options. Yes they give you more leverage than buying a share of stock but, it takes time to learn how to make consistent profits that outweigh your losses. If you want any recommendations for books let me know.(lots of bad investing/trading books, so don't listen to everything you read)

Thanks! PM Sent!
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      05-25-2008, 01:20 PM   #19
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check into foreign exchange trading also
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      05-25-2008, 04:56 PM   #20
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learn how to play poker well
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      05-25-2008, 07:05 PM   #21
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Avoid taking investment advice from car forum posters.
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      05-25-2008, 08:01 PM   #22
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Avoid taking investment advice from car forum posters.
+1
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