How do you invest?

[RisiR]

Follow you dream, buddy, everyone can make it nowadays just don't give up! By the way, if you need info about money laundering, hit me up!

[starvingniglet]

[crazzyass]

So my assets are located 20% in cash, 10% in jewelery and the rest ~70% is stock. Long term-investments are not on my radar yet as i don`t like waiting more than a week to actually see decent profit.

Jewelry? Do you deal in it?

I would prefer shorter-term transactions to boost my bank account, but it can be time consuming doing the due diligence for those kinds of deals. I'll get there eventually as my time frees up.

As i travel quite a lot, i usually buy jewelery from turkey or rip people off in some shitty -stan country and resell this stuff with a huge margin here in Europe. Also, i work in a bank where i can store some precious metal in form of bracelets and necklaces as an employee. In addition to that, i can also make stock transaction while i am at work, so that`s quite a benefit.

Damn, that's a good set-up. I wish work was more conducive to me doing that. How often do you travel to those places? I'm thinking of starting up more regular travel for myself, and the ability to snag some cash in the process would be nice.

Usually around 6 times a year. But these are business trips.
Yeah the jewelery stuff really pays off. If you intend to do that make sure to not be too greedy and take too much of this stuff with you, as you may get problems with the customs (here it`s 10.000 € max, otherwise you`ll pay huge taxes on the goods).
Once, i got caught by the customs and had to pay a 4 grand fee just to pass...

I was just about to ask about customs. That makes sense.

Do you go to markets, seek these guys out online, stumble across it, etc?

At the beginning, i was looking for jewelery for my now ex-girlfriend in Tehran. I simply wandered the markets and found a lot of really, really cheap stuff. At the beginning i thought it was fake and bought it anyways. Turned out it was real gold and therefore surprisingly made a huge bargain. That's how it started.
Now I already have built up some local contacts who I visit occasionally when I'm there.
Online contacts in these regions are mostly useless and can't provide the amount or quality I need anyways.
And yes, I've got the necklace back from my ex as soon as we broke up

As far as i read, you're looking to make some good money. Got any plans yet?

Sorry to keep hitting you with questions, but this is fascinating. How is Tehran? I always hear it's incredibly modern and fairly friendly to Westerners.

I have a few start-ups in the work that I'm optimistic about. I know what is always said about failure rates, but they've weathered a few storms already so I believe the market validation exists.

No probs. Tehran is a beautiful city, the people are the kindest in the whole world, never experienced any trouble there, but that's probably mainly because me not being an american. Once, I've met an american business-partner there and he told me that he's basically always followed by the islamic police, reporting every islamic misconduction.

Follow you dream, buddy, everyone can make it nowadays just don't give up! By the way, if you need info about money laundering, hit me up!

Thanks man! I'll keep up the pressure. And so far no need for money laundering, but if I get in that position I'll hit you up.

[Ninja]

I invest in a roof over my head, healthy food, good exercise and condoms.

[Prometheus]

I invested by buying the clothing business I was working at. People always need cheap cloths. Working retail sucks significantly less when the profits are going into your pocket.