Making money...

J BONE · 05-24-2008, 08:12 AM

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.

Dubbedoutbimmer · 05-24-2008, 08:17 AM

I cant talk about what I do Im Italian fogetaboutit

johnnymu · 05-24-2008, 08:17 AM

I partner up with people with ideas and return take interest.

J BONE · 05-24-2008, 08:38 AM

Quote:

Originally Posted by Dubbedoutbimmer

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.

Solonng · 05-24-2008, 11:45 AM

INVEST!

Dubbedoutbimmer · 05-24-2008, 11:46 AM

Quote:

Originally Posted by Solonng

INVEST!

I do invest its called RE~UP from my pharmaceutical broker

Solonng · 05-24-2008, 11:50 AM

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.

J BONE · 05-24-2008, 01:13 PM

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.

UCSBMW · 05-24-2008, 02:36 PM

Quote:

Originally Posted by J BONE

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.

De90man · 05-24-2008, 03:52 PM

Quote:

Originally Posted by Laszlo

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.

ejheverest · 05-24-2008, 10:49 PM

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)

Solonng · 05-24-2008, 11:19 PM

Quote:

Originally Posted by Laszlo

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!

TheLegacy · 05-25-2008, 12:52 AM

Quote:

Originally Posted by Dubbedoutbimmer

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

FirstClass · 05-25-2008, 01:27 AM

Colombian snow. That's all I can tell you.

L~R~G nor cal · 05-25-2008, 02:18 AM

Quote:

Originally Posted by FirstClass

Colombian snow. That's all I can tell you.

+1

GuyOh · 05-25-2008, 02:26 AM

get down on your knees

Robertbog · 05-25-2008, 01:16 PM

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

J BONE · 05-25-2008, 01:19 PM

Quote:

Originally Posted by ejheverest

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!

toofasttooslow · 05-25-2008, 01:20 PM

check into foreign exchange trading also

mpimping · 05-25-2008, 04:56 PM

learn how to play poker well

RBP · 05-25-2008, 07:05 PM

Avoid taking investment advice from car forum posters.

jaiman · 05-25-2008, 08:01 PM

Quote:

Originally Posted by RBP

Avoid taking investment advice from car forum posters.

+1

05-24-2008, 08:12 AM	#1
J BONE The Boss 110 Rep 4,948 Posts Drives: %E2%80%9816 F15 X6 Join Date: Nov 2007 Location: Illinois iTrader: (12) Garage List 2008 E92 335xi [9.00]	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. __________________ 2016 F16 X6 2015 F15 X5- Retired 2013 F10 535xi- Retired 2011 E92 M3- Retired 2011 E90 335- Retired 2008 E92 335- Retired
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05-24-2008, 08:17 AM	#2
Dubbedoutbimmer Banned 43 Rep 1,310 Posts Drives: 335XI Coupe Loaded w/body kit Join Date: Feb 2008 Location: Boston iTrader: (-1)	I cant talk about what I do Im Italian fogetaboutit
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05-24-2008, 08:17 AM	#3
johnnymu Warranty Killer 126 Rep 1,015 Posts Drives: Nike shoe Join Date: Jun 2007 Location: cincinnati, OH iTrader: (4)	I partner up with people with ideas and return take interest. __________________ EUROPROJEKTZ Midwest Member 08 335i Jet Black \| too much to name....
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05-24-2008, 11:45 AM	#5
Solonng Captain 110 Rep 829 Posts Drives: Monacco Blue 335i coupe Join Date: Apr 2008 Location: Florida iTrader: (0)	INVEST!
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05-24-2008, 11:50 AM	#7
Solonng Captain 110 Rep 829 Posts Drives: Monacco Blue 335i coupe Join Date: Apr 2008 Location: Florida iTrader: (0)	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
J BONE The Boss 110 Rep 4,948 Posts Drives: %E2%80%9816 F15 X6 Join Date: Nov 2007 Location: Illinois iTrader: (12) Garage List 2008 E92 335xi [9.00]	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. __________________ 2016 F16 X6 2015 F15 X5- Retired 2013 F10 535xi- Retired 2011 E92 M3- Retired 2011 E90 335- Retired 2008 E92 335- Retired
	Appreciate 0 Quote

05-24-2008, 10:49 PM	#11
ejheverest First Lieutenant 25 Rep 395 Posts Drives: E90 SG 330i Join Date: Nov 2006 Location: Mass, NH, Maine, Virginia iTrader: (0)	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) __________________ SOLD......E90 SG, ColdWeather Pckg, Sport Pckg, Logic7,H R Sports, Rogue Ikon, M sport shift knob/boot
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05-25-2008, 02:26 AM	#16
GuyOh Colonel 1067 Rep 2,312 Posts Drives: 2016 LB M2 / 2020 X5 40i Join Date: Feb 2007 Location: Vancouver B.C. iTrader: (0) Garage List 2016 BMW M2 [10.00] 2020 Bmw X5 40i [0.00]	get down on your knees
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05-25-2008, 01:16 PM	#17
Robertbog Lieutenant 69 Rep 526 Posts Drives: 335i Join Date: Apr 2008 Location: Dallas iTrader: (1)	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 __________________ Life Lock Identity Security Discount!
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05-25-2008, 01:20 PM	#19
toofasttooslow Galactic Emperor 75 Rep 801 Posts Drives: Fast Join Date: Mar 2007 Location: WA iTrader: (3)	check into foreign exchange trading also
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05-25-2008, 04:56 PM	#20
mpimping Banned 821 Rep 336 Posts Drives: gti Join Date: Sep 2006 Location: ny,ny iTrader: (0)	learn how to play poker well
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05-25-2008, 07:05 PM	#21
RBP Second Lieutenant 20 Rep 204 Posts Drives: 2010 335i Convertible M sport Join Date: Sep 2007 Location: Edmonton iTrader: (0)	Avoid taking investment advice from car forum posters.
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