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Sold my dipshit company for $5m, where to invest?

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Re: Sold my dipshit company for $5m, where to invest?

#61
its surprising no one mentions it but let me tell you where the rush is - africa

ofc you need to be able to muster the challenges that will come with it but the return is one that you can't match

investment in agriculture is really one to consider in countries such as ethiopia with huge arable land available to investors with fees that are practically negligible and you get a whole lot of incentives including 5 year tax break please look around just as the chineses, indians and arabs are doing and cash home instead of continuing the same simple minded real estate, start up, yadayada rubbish, which is as you really know either exhausted or close to fold

good luck

Re: Sold my dipshit company for $5m, where to invest?

#62
I am in a similar situation but i was so parnoid and keeping most of my money in a treasury money market fund for years. Now i am slowly trying to get into a 50/50 diversified bond-equity portfolio slowly in the next 2-3 years (via dollar cost averaging).

To all the curious people there are a lot of lifestyle success like this (which you wont read in techcrunch) from seo/ppc affiliates to viral websites to SaS companies, you just have to search for it.

Re: Sold my dipshit company for $5m, where to invest?

#63

An interesting dilemma is it not? As you're young and inexperienced you are not unlike the 3 or 4 folks who become millionaires under the California lottery each year. So good news and bad news, good news is you have choices, bad news is commercial real estate is (by some estimates) the next thing to go into the crapper). Lets say you had $5M clear to work with. Yes, the 2 - 4% "return" is currently 'safe' money (whi…

I have problems with your advice. 1. Treasuries are not tax free. 2. Technically the 10 year is a T-note.

3. This is not a risk free strategy. Interest rate risk is your biggest problem here. Although the Ladder will work in the current environment (interest rate anticipation), their is a good risk of higher inflation that could happen rather quickly. You will be screwed if your in fixed payment securities. The Bullet may be a better strategy here.

To the OP. I would never listen to investment advice on the internet. Finance is complicated and easy to mess up. That said, I would invest in some options in your position, if you choose to play the markets. Don't do this unless you know what your doing however. Also be careful with financial advisors. Some, but not all are the chiropractors of the finance world. The CFA designation is viable here.

You will probably be able to find better returns outside of financial markets, but it all depends.

Re: Sold my dipshit company for $5m, where to invest?

#64
Mate first of all congratulations. While I cannot give you advice on how to invest your money, I would just caution against marketing your company as a "dipshit company". What is that hinting about your buyer and your product? Again I am guessing by "dipshit" company you actually mean a company that you felt was not adding any value and you found some one gullible enough to buy it. If you had a more positive connotation then my sincerest apologies!

But congratulations once again (another person I am not jealous of :D).

Re: Sold my dipshit company for $5m, where to invest?

#65
One of my friends just buys lots and lots of gold. I think it depends on your goals and what you want to achieve. In your prior post about selling, you said you wanted to pursue something bigger. Taking that into consideration, you would want to keep away from real estate in today's market where it is flooded and then you have to remember that owning real estate also requires management of the assets/upkeep etc.

Since Africa is having a meltdown and the Iran just took some war ships through the Suez, I would say military companies would be a good investment right now. Also, I would look to companies that help Americans forget their troubles such as entertainment, food etc.

There is a really cool Vodka company in Alaska, Alaska Distillery, that might interest you. They have a cool product and want to expand internationally. They make Salmon Vodka which is a niche product. There are three partners and maybe you can buy one out.. (I don't have any ownership in this company) They have amazing sales that are strong and steady and they have a great leader running the company.

You don't have to buy stocks on the stock market, you can find a stable smaller company with good growth and invest money in it without too much risk and get a nice income in return.

Re: Sold my dipshit company for $5m, where to invest?

#66
Some advice on commecial real estate: find a partner in the business, and I don't mean a broker, I mean an actual, experienced investor who can do deals with you.

Levered real estate is no joke, and despite the seemingly simple nature of the business, there is a ton of nuance that can get you in trouble.

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