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Investments, side jobs, etc

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Old 10-14-2003, 02:42 PM
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Default Investments, side jobs, etc

Been throwing around some ideas for getting some extra cash together. I'd like to invest a little money in stocks but not really sure if I want to go that route. I also thought of maybe buying/selling some cars. Anybody have any ideas or stuff that they do along this route, I know I'm not the only one thats trying to get ahead a little
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Old 10-14-2003, 03:00 PM
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From time to time I'll knock of a little old ladie walking down the street for a couple bucks. Helps out with gas and beer money.
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Old 10-14-2003, 03:50 PM
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Look into what your states regs are. If you sell more than so many cars in a year, you'll need to be licensed. That's ok, because a dealers license is needed to get into the auctions anyways. Be sure to check the zoning where you live too. Most communities will tolerate a home based business as long as it doesn't look like there is a business in your home. ie-you can not turn your lawn into a used car dealership. Also be sure to consult a tax professional and a attorney. You'll want to set up a company to run this stuff through. It'll complicate things, but it may also save your arse.
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Old 10-14-2003, 07:15 PM
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I'm in Mississippi and I hear of people doing it all the time (selling cars) without a dealers license, now if thats legal or not I don't know. And I'm talking like having 1 extra car in the driveway...not 4-5, they'd kick me out of the neighborhood real quick I'm not really wanting to start a company, that might be a little too much, just something to make a little money on the side.

This brings up another idea....I just had a buddy tell me his dad bought one of those infomercial deals where they "train" you to sell on ebay and you make "millions" maybe i should try that NOT.
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Old 10-14-2003, 08:24 PM
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Quote:
Originally posted by JUST ONCE
From time to time I'll knock of a little old ladie walking down the street for a couple bucks. Helps out with gas and beer money.

My Grandma would whip your ass!
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Old 10-14-2003, 08:36 PM
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I had the same idea a couple years ago. I went into the boat trailer business with a guy that ended up being a drunk and a theif, lost $8500. Invested $8800 in a house my best freind was about to lose. We fixed it up to sell, then 911 happened, the state put him out of business (title loans), I said it was ok with me if he had to move back in his house as long as I got my money back. As I said, that was in 2001, I haven't gotten one red cent back from him yet.

So, to sum it all up, I've found the best place for me to invest my money is in my mattress.
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Old 10-15-2003, 08:23 AM
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yeah I hear ya on that one, the only investment I've ever made was in WorldCom stock and we all know what it's worth now. I have some mutual funds but was just wanting to start just a little something on the side. Heck I wish I could build some bikes...watching Jesse James and American Choppers looks like fun, probably a lot of stress, but fun. My wife wants a small coffee shop, thats actually not a bad idea, people are drinking the heck out of some coffee nowdays. I guess I'm just brainstorming more then anything, but was just kicking around some ideas and was wondering if anybody had any successful ideas, then acted on them, unlike me
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Old 10-15-2003, 08:31 AM
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I buy anything cheap and resell it on the internet or I broker stuff people want to get rid of

What I mean by broker is I will post it on the internet and negotiate and sell items for them and take a %

It is nice extra income
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Old 10-15-2003, 09:06 AM
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a topless cofee shop
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Old 10-15-2003, 09:24 AM
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I want to name my next business CASH..... "Thanks for calling Cash, how may I help you?"

"You can make that check out to Cash"..... Hummm, what do you think the IRS would say?
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