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  1. #1
    smokeyjoe4848's Avatar
    smokeyjoe4848 is offline Senior Member
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    Mar 2007
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    Central Louisiana
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    Looking for investment oppurtunites

    Let me begin by saying I have not been on this website in ages, and it has grown significantly!! That's great!
    My name is David Arnold Jr, from Louisiana and through recent family hardships my mother and I have acquired a large sum of money (atleast large by our standards haha) I have literally saved every bit of money I have ever earned and are looking for some better investment oppurtunites than an American Mutual Fund.
    That being said, I have around 12-17k to invest myself and my mother is giving me a huge role of responsibility and entrusting me with 75k of her money. I had seen somewhere last week of a guy with a real estate investment group on the general business board, but cant seem to find him! Something like that would be great.
    I am a business student at LSU, but do not have the time to invest this in something that I have to put lots of time into. Thank all of you in advance for all the great advice/offers. Have a great day
    -David

  2. #2
    Rock09tx is offline Junior Member
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    Oct 2010
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    Hello David,

    Let me first say that I am sorry for your hardships and I encourage you to keep your head up and stay strong for moms... My name is Christopher Rockwell and I have a few business plans and ideas of my own I would like to run by you to see if you're interested in investing? I have an idea that has very low start up cost and 150% returns. I stay in north east Texas and we border Louisiana. PM me and lets do some brainstorming. There are many low cost business opportunities out there you just have to start small and pay attention to detail. Hope to hear from ya soon. Thanks and God bless...

  3. #3
    Rich Grads's Avatar
    Rich Grads is offline Senior Member
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    St. Catharines, Ontario
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    Hey David!

    First off, I can sympathize with you when being entrusted to handle your family's investments. You certainly don't want to lose any of your mom's money! I have been handling my parents investments for several years now. I certainly treat it with much more respect and caution then I do with my own investments. When you're young, you can take a few more calculated risks with your investments. But it's not something to take lightly when it's not your own money.

    One thing that I would first recommend is that you don't tell too many people about the amount of money that you have acquired. You'll get everyone giving you a multitude of ways to invest it. Be cautious of financial 'advisers' as well. They will see the big commission that they will get when they invest your money in stocks or mutual funds.

    Seeing how you are still in school and don't have a lot of time to put into the investment, I would really take the time to investigate all the ways you COULD invest it. In the meantime, maybe just put the money into an interest bearing savings account until you are more prepared.

    I prefer a strategy of 'true' diversification where I invest in 4 different assets. One would be paper assets like stocks, bonds, mutual funds,etc. Another would be real estate. Third, you can invest in a business (yours or someone you trusts). Finally, you could invest in commodities. More particularly gold and silver.

    Each one of these will require you to get financially educated on them BEFORE you invest a single dollar of your money.

    Take your time on this one my friend. There are a lot of cons, crooks and fraudsters out there that will gladly take your money in a heartbeat.

    Good investing!
    Simon Prentice
    Rich GRADS Founder & Success Trainer
    http://richgrads.com
    Follow The Rich Grads Team On Facebook!
    "Discover How A Team Of Young Entrepreneurs Are Achieving Financial Freedom At Rich Grads.com!"

  4. #4
    Join Date
    Jul 2009
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    You have small amount for investment, you have to mange a big amount for a good business. If you will manage a big amount of investment then the business of CD & DVD Replication is best.

  5. #5
    Wendell Zuchs is offline Junior Member
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    Mar 2011
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    Investment opportunities can vary on what are the products and services that you wish to invest for? If you want real estate, time to make a mock up plan right now for you to study the flow of real estate market.

  6. #6
    smokeyjoe4848's Avatar
    smokeyjoe4848 is offline Senior Member
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    Central Louisiana
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    Thanks for all the replies guys! I'm still leaving my options open and have my money in a mutual fund as of now (and the past few years). Not doing to badly, either. haha. And a special thanks to Rich Grads for the detailed reply! It has insighted much thought, exactly what I needed.

  7. #7
    M@W
    M@W is offline Junior Member
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    Apr 2011
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    1
    Hey David,

    If you're serious about this, I am a senior in business school a couple weeks away from launching our digital venture. I suggest you take a look around my blog to hear my story and message me if you're interested.

    Best,
    M@W
    www_manatworkblog_com
    Last edited by M@W; 04-04-2011 at 07:03 PM.

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