Where would you invest 750k USD?
- Thread starter kalel
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Could you provide a little more info about this type of business in DM? For example how it works, where to buy and where to sell and capital needed? Thanks!
I buy bitcoin on a weekly basis, it's an habit for me, not an investment 😀
I was offering a 50% return investment a while ago, it worked out as planned. You don't get such opportunities every day
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
I guess you are missing the point or topic of this thread and comparing apples to grapes!
This thread is not talking about HNWI with 100M lying around! We are talking about less than 1% of that!
Its also not about buying and keeping (unless they want to), so you dont have to worry about where to keep/maintenance/crew etc
It is a build to spec and sell project / investment for return
Think of this as more of buying a plot of land, building a house and selling it once completed, but a 50ft catamaran instead.
We have charter companies that are looking to buy yachts, but dont want to go through the build process themselves
What I am proposing is a total investment between $450'000 to $700'000 to build a charter boat for resale with 50% ROI over a 8-12 month period
Investment can be staged in monthly payments backed by progress on the build (so the assets value increases with each instalment of the investment, minimizing risk)
Insurance on the build is also taken out (so need to worry about fires etc)
Payment and returns can be facilitated through crypto or USD/EUR
I could offer something similar to this, 50K investment with 8K interest / ROI every 3 months = $74k after 9 months
This thread is not talking about HNWI with 100M lying around! We are talking about less than 1% of that!
Its also not about buying and keeping (unless they want to), so you dont have to worry about where to keep/maintenance/crew etc
It is a build to spec and sell project / investment for return
Think of this as more of buying a plot of land, building a house and selling it once completed, but a 50ft catamaran instead.
We have charter companies that are looking to buy yachts, but dont want to go through the build process themselves
What I am proposing is a total investment between $450'000 to $700'000 to build a charter boat for resale with 50% ROI over a 8-12 month period
Investment can be staged in monthly payments backed by progress on the build (so the assets value increases with each instalment of the investment, minimizing risk)
Insurance on the build is also taken out (so need to worry about fires etc)
Payment and returns can be facilitated through crypto or USD/EUR
I could offer something similar to this, 50K investment with 8K interest / ROI every 3 months = $74k after 9 months
Makes very much sense. Unfortunately I'm not into catamarans: I prefer alluminium monohulls in the 70ft range, of which there is very limited availability on the market.
We are talking of $3-5m price tag, you don't need to be a billionaire to afford one.
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
If you're looking at buying a mid-range catamaran between 500k-1M and then renting it out through a program where you can use a catamaran a few times a year and make money with it when not using it, I would recommend comparing a few companies that have been in the business for a long time. I know Moorings had a good thing going in the BVI pre-Irma. They're still operating around the world and based out of Fl.
It might be interesting if buying cash but if not, the rental return is about 8% and the financing is 7-8% at the moment so it doesn't make sense if not buying in cash.
PROS It is pretty cool to use it and with the Moorings you can use a cat anywhere they have locations around the world. PM me if you want I refer you to a friend working there.
CONS It is also an asset that depreciates with time, like a car, unlike farmland or rental apartment buildings.
If you live in the US or other developed country with a decent legal system, you would get more through private money lending for real estate projects (yields around 10%-12%) and you charge a 2% fee for opening the file to lower your risk from the start. Get everything check, maybe partner with someone doing this already to learn from him. You have colateral and the person taking the loan must put some of their own personal money to show they're serious.
Personally, I am more than 50% in cash and was waiting for a market correction, but since they just pushed the debt ceiling for another 2 years who knows what's going on there. I'm still 20% in stocks and 20% in real estates. I'm focussing on cheap land in less-known areas that have high probability to boom with tourism within the next 5-10 years.
Probably will move some cash into SP500 low cost etf gradually and hope for the best.
It might be interesting if buying cash but if not, the rental return is about 8% and the financing is 7-8% at the moment so it doesn't make sense if not buying in cash.
PROS It is pretty cool to use it and with the Moorings you can use a cat anywhere they have locations around the world. PM me if you want I refer you to a friend working there.
CONS It is also an asset that depreciates with time, like a car, unlike farmland or rental apartment buildings.
If you live in the US or other developed country with a decent legal system, you would get more through private money lending for real estate projects (yields around 10%-12%) and you charge a 2% fee for opening the file to lower your risk from the start. Get everything check, maybe partner with someone doing this already to learn from him. You have colateral and the person taking the loan must put some of their own personal money to show they're serious.
Personally, I am more than 50% in cash and was waiting for a market correction, but since they just pushed the debt ceiling for another 2 years who knows what's going on there. I'm still 20% in stocks and 20% in real estates. I'm focussing on cheap land in less-known areas that have high probability to boom with tourism within the next 5-10 years.
Probably will move some cash into SP500 low cost etf gradually and hope for the best.
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