Average Investor
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Everything posted by Average Investor
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Average Investor replied to FuriousGeorge's topic in Life Purpose, Career, Entrepreneurship, Finance
I've never invested with a partner in something or real estate yet. Ideally you would want to be getting the mortgage through an LLC to minimize your exposure if something happens with the property. Same with placing all the needed insurances on the investment. Ideally you would want to have an agreement formed between all parties and I would use a lawyer for ANYTHING involving high sums of money or multiple parties. You could actually have a corporation formed between all parties with percent ownership that would make it really easy to limit the risk. It would require you to have meetings with them documented and an operating agreement for who does what and who is contributing what money. Getting the amount of funding lent to the corporation might be the issue. I'm not very game on money lending yet, so I can't really say much there. But if it worked well and you could get the funding with enough contributions to it, then the risk would be potentially evened up and if not the amount of profit can be adjust to each party in the operating agreement. If the above does not work that is something you will personally have to account for. But I would not touch something like that without being behind a corporation to mitigate the risk. -
It can enhance it in some ways, but yeah it is pretty toxic. I have a hard time with facebook use. Probably an hour a day or so. Maybe more sometimes. I unfollowed all of my "friends" and garbage stuff. My feed mostly just shows me groups that are all pertaining to the business I am in. Hard to determine if it is worth it or not. It is addicting for sure. But I do have to admit I learn something everyday with it, but I imagine I could invest the time better. I have done a few 30 days without it this year. Probably due for another soon. My issue seems to fall on it just being an easy escape I think. I don't watch tv at all, but I do watch youtube. And I game occasionally maybe once a month. Cutting out all of the electronics is pretty hard. I had it going during the week days without it and it was pretty difficult. But I would end up spending time reading and stuff like that. To be fair I spend most of the day working right now anyway. So it isn't like these things have taken over, but they are a crutch.
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You are going to have to find out what fits in best with you life. Hard to say what is the best amount. Watch Leos balance video it might help you get a good sense of where to start.
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Average Investor replied to Thetruthseeker's topic in Life Purpose, Career, Entrepreneurship, Finance
@Thetruthseeker You're simply not going to be able to keep all of them. But make sure you build up a good way to advertise to them. I have all of my old clients on my phone and facebook. I will easily be able to expose them to my new business now. I would be pleased with 50-100 coming over and even liking it. But the fact is a lot of local people know me in general, so it really helps. The same will probably happen for you. I do have old clients actually looking to buy stuff from my new business and I have not even advertised directly to them as it is. -
A lot of it comes from the fact that children are never usually exposed to naked people. That's where things like foot fetishes develop because there is a lack of exposure. The feet could be something they get exposed to while under a table playing. There is not a lot of people who successful change what their sexual interests are, but since yours is just virtual it might be easier to move it to physical. My guess would be more of an addiction if anything. Might seem a little out of what most would suggest, but how about you try a low dose of shrooms and dedicate the time to contemplating this. Also, do 30 days no fap. If you find yourself with heavy desire during that it might be a good time to trip.
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Average Investor replied to Thetruthseeker's topic in Life Purpose, Career, Entrepreneurship, Finance
I would just offer it to your current clients while providing the same service and see what happens. -
Work on one of these one at a time. My best suggestion is the weight. Pick diet or exercise first and work you way into it. You will start feeling so much better improving either one. I would really suggest exercise though. How about you walk 15 minutes a day and work from there? Or walk a few miles. Listen to some actualized or some music while you go. You will start to get a good increase in motivation and happiness, but it will take while. Do it where it is something you can go do every day. And if you miss a day that is alright, but try to not miss two in a row. Just focus on keeping one habit up for now and it will make a large difference. You could pick any other habit or whatever, but getting outside and doing that will be a big help to you. Do it for a month and you will see what I mean. I've been exactly where you are right now. It is strange to see if from this side of the fence as there is not really an instant cure for this. It is something you really have to go through. But know that this is not permanent. You will have a cycle of major happiness come up as it always goes in a circle it seems. Don't look for some sort of quick fix like getting a girlfriend either. Knock out all those other things first and they will literally be begging for you to date them.
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I think it would be worthwhile to watch leos red flag video and think about him without your attachment. The scandals and fighting and lack of relationships to me poke out as a big red flag. But I have not meet this person. Maybe he is excellent I would not know just reading some text. But really try to think of it subjectively. I wish that I had screened a lot better before my last relationships and it makes it very easy for me to weed out bad partners fast now. And whatever happens with it I wish you happiness.
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Stop chasing them is what worked for me. Get yourself into a position where you do need need a girlfriend and make yourself awesome. There is no rush. I have never seen a really good quality relationship last out of high school anyway. So little experience in the world and you don't even know yourself that well. I get that desire for the girls is there it isn't easy to get past. Put that energy into a passion, business, exercise, etc. You can get better at talking with them and pick up more, but the counter intuitive thing would be to work on yourself. If you do that once you get in your 20s they will be all over you.
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@Hsinav Yeah, I have some stuff kind of split up. Ideally I will have enough cash by the summer to keep things flowing very well. Just more on the risk side because this business has only been full time for like 6 months for me. Things are picking up good though at this rate.
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@Hsinav I hear you there. In my situation it's worked well. 10k might be what you need to have on hand. I could buy another car for a couple hundred dollars relatively fast and be on my way if needed. Just using my "extreme" to show the effectiveness of continually moving money.
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@Hsinav I will have times where I will spend all of my cash to build up my business. Has happened a few times in the last 6 months. I have some investments I could fall back on if needed and my situation could allow for some stuff to come up. Not always the easiest thing, but it's made some huge movements for me. I took my rent money for this money and put it into my business and I will likely have doubled almost tripled it by the time rent is actually due. Now it could have went less successful I have been playing with a new model for my business and it is starting to prove really stable, but I am taking risks to make this happen. Just this extra addition to my business could literally pay for all of my expenses every month and only cost me about a day or two of work. But it depends and I could even try to expand on it possibly. But so far so good and it took me risking my rent money a few times and this month I got pretty confident and put in a larger risk. I spent all of my money on some product I expect to possibly make a 30k+ return. Might not sound like a lot to many, but that is more than I made last year. And I could have this product all live and for sale within a couple months and just take in that profit over time. But it came at the costs of eating up ALL of my savings. Every last dime I had went into it and it set me back for several months. Now I am not saying I am just going to make 30k fast, but gradually and once I do the work it will just be in the background. It's nice having a big pile of cash, but your cash flow is really stunted. You have to keep the wheel turning in my experience. Money just sitting around is actually losing value. Now I would like to be back into savings again don't get me wrong. I could easily save some money this month, but I am going to take all of it and put it into business car insurance, which will be a write off as well and try to pay up 6 months for the best rate. I am maxing out my business infrastructure and taking some risk since I can't get loan yet. And I spent money on forming my corporation and all my needed business licences etc this month. Yes, I do recommend savings of course. I could barrow some cash from my mom if things were really dire, but I don't like borrowing money at all. I can't say I recommend everyone do it like that. But maybe thing a little more into how you can get the wheel turning more for yourself. Or investing more of it. A huge issue with most people is that they will live above what they can actually afford. And like I said I do need more liquid cash especially for the business I am in it makes all the difference, but you have to start somewhere.
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I would try a light dose of shrooms with the intention of working through it. In a dark safe environment with no distractions. You are going to have to actually work through it. There is a root issue that is still causing this attachment after this much time. Use this as something to grow from and advance yourself. Not something that holds you back and makes you depressed.
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https://www.actualized.org/start
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@Commodent There is a lot of physiological issues likely to rise in children who are missing even one of their parents. Missing both and depending on the time they leave will likely have a lot of trauma on the child. So you will have a high chance of the child having a lot of other issues. I admit I would not want an autistic child either. Surprised there is a lot of people here against having a child, but I don't really know myself what I want. It sounds like it would be something worthwhile doing if done right. Be conscious and raising children would be an improvement in society. There is a lot of places over populating and destroying the world. Where I live contributes, but not like the largest offenders. If anything raising conscious children could help reverse these issues over time.
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Your name is fine if that is what you want. Singing, meteorology, and personal development are very different. I would suggest trying one topic or category and you could branch it out or alter it later. It's going to be really hard for you to gain traction with so many different things going on. A person will come to look at your other content and not really even be sure what the channel is about.
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@Leo Gura I'll keep my mind open to it and try to figure it out. Need the cash for now I feel like at the least. Thank you.
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@Leo Gura I've had corruptions in old businesses that skewed my thinking like you suggest. I read authentic happiness and applied a lot of that to this business. I really just like it. I can probably find a lot of reasons or ways to make it not seem like some ultra humanitarian thing. But I really could make a difference in my local community and to others by teaching them. I've been finding ways to support local businesses and even donate to less fortune people with goods as finding surpluses of stuff is the name of the game in reselling. As well as I really like the idea of recycling. I have even been wanting to start getting more eco friendly packing materials aside from my already second hand boxes. Now is all of that delusion? Probably some of it. I mean when I buy something off someone and I know I can make $100 off it, but I paid them $1 I don't find it immoral because they wanted $1 for it. I make money from my expertise though like any craft. But I can understand maybe that person really needs the money or life has put them where they could not get the education I have and I am taking advantage of that. A lot of the time the person just wants to get rid of their stuff though, or in the case of wholesale it doesn't apply. I've thought a lot about wanting to be successful and it is a goal to have some business like really make it for me. I see the hollowness in all of the riches and stuff. I think more what interests me is the freedom and the life style I could have. Opportunities to travel. If I decided to have kids I could provide something so much greater than what my up bringing was like with the knowledge I have and resources. That and not feeling like I just accepted some mediocre life of scanning stuff at a check out stand. You steered me in a really good path like 9 months ago, when you suggested I narrow in on something and now I did and it is really starting to take off. I was in a very devilish industry and really diluted myself to think I was helping people. I don't want that to happen again with this. I do wonder if there is something even larger out there for me. But I think we all could wonder than with any path or choice we make.
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@K VIL I've started businesses with much less money than that. Hundreds of dollars even.
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It isn't really easy to do. Takes a lot of dedication and patience. I have had some rough patches transitioning to it. No longer eat added sugar or wheat either. Makes it quite hard to find stuff to eat that is not just straight up a fruit or veggie lol. But I love the meals I eat and I have to be creative to make something taste good and be unique. I still have some issues with a little bit of oils in my diet, but a lot of the time I can avoid it. I lost 50 pounds with it and exercise and then gained about 20 pounds of muscle now. Starting to get a a fair amount of muscle. I have always fought energy and motivation issues, so it is hard to say how much would change if I ate different. I went from eating garbage to vegan. I feel really good. I just have to make sure I eat a bit extra because I can easily put it off and not eat. I keep around a lot of different nuts, dried fruit, and fresh fruit for snacking. I have a fruit and veggie smoothie every day for breakfast. And have a quinoa dish with on large avocado, roma tomato, Yumm sacuce (if you are familiar with the brand), and usually some tofu, beans, or tempheh with it for dinner. I am going to start making my own sauce again to mix it up for it and probably be a bit healthier for me. Not super crazy I mean I eat that pretty much every day and make changes to it. Smoothie has one beet, handful of spinach kale etc, chia seeds, banana, celery, one large carrot, half english cucumber or normal one, and then the fruit is always rotating organic frozen fruit. Fruit will be things like peaches, mangos, strawberries, blueberries, raspberries, dragonfruit, and probably some more I forget. Working on lunch usually I just snack, but try to have something like leos soup and stuff like that usually.
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For the most part if you decided on a business you wanted to buy you could just make your own version of that. If you are looking to buy into franchise, then be very careful and have a lawyer go over all of the stipulations and even then you could end up with nothing or have it terminated early. It sounds like you are wanting to just bring in some easier income seeing the options you want, so I would skip this business if you are not going to be willing to invest the time into it. Lots of investments available, but your knowledge, risk management, and time horizon are things I don't know.
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@Aquarius You would start to isolate more in stage yellow as green is much larger on the collective and group thinking. But everyone is different. So while you are transitioning more into yellow you might feel this shift. You are not really going to enjoy most of the stuff you would find in the lower stages, but that isn't to say all of it won't be enjoyable. Especially moving up the spiral you are likely going to have a lot less habits as you will become more fulfilled. So will you probably won't find yourself hanging out with people who drink and do other vices all the time.
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Also, you did not mention it, but I want to make the assumption you have some sort of spending addiction or addiction to something sucking up your money. It might mostly be revolving around that. Leo has a good video on solving issues with money like that. But you would be surprised a lot of people will get into stealing from stores and stuff to fill that addiction. It might be worthwhile to talk with a therapist you could probably get one free since it sounds like you are low income a loan isn't going to matter for that most likely assuming you are in the US. But if I had to take a stab at it I would say to really try to identify the trigger around that is going to open up where a lot of these issues are coming from. Wish you well.
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Getting to the root cause of the lying and stealing will probably be very helpful. It's hard to live a life like that and be happy and motivated.
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@Annoynymous Best of luck to you! I am sure you will find others eventually.