[asphaltgambler]

I know this has been asked / discussed frequently, maybe overly so but............................................... .I'm looking for possibly a different direction this new year. In the past few years I have made a good bit of tax-free $$$$ cash by buying, fixing, restoring classic cars, trucks and motorcycles. A very healthy ROI that, to do any better you would probably have go into the illegal drug trade. BUT...............................here are the 'problems' that come with that especially in the last 6 months.

1) Consistency: Finding the right _______ to flip. It is increasingly difficult to find / buy anything where there is enough margin to make any money at all. I have a lot of resources / people to pull from, but good buys are just too scarce. I don't see much improvement in the upcoming year. Typically these deals are almost always off of most conventional 'radar'.

2) My Time: Since going full time merit employment with the county in June of last year, I do not have the spare day(s) to commit as before. So my actual 'spare' time has become much more valuable. It's just is not real time enough to commit to any additional major projects like partial / major resto's, nor do I want to as I'm a little burnt out physically and mentally.

3) Buyers with MONEY: I know going into a deal what my selling price will be. No different than any other buy/hold/sell investment strategy, as the old saying goes "You've already made money the moment you buy it". Recently, I'm not seeing the buyers with the disposable income as, say, 6-8 months ago. I know part of this is the time of year, but there seems to be trending where if the 'item' is p$1500 or $25K (representing good value and under fair market) it still won't sell.

4) Make my $$ work for me: I thought about this a lot and as I get older I need whatever investment to be accruing value even as I sleep, quickly and with much less physical involvement directly from me.


5) Small $$ Amounts: Where the investment is liquid and requires amounts from $10K and down.



OK everyone ready? 1-2-3 go!!