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AshanD

New Contributor
Joined
Jul 29, 2008
Messages
36
Location
Long Beach CA
Hi all,

I make my living as a futures trader. It pays quite well but the stress is enormous and i could not see myself doing this for the rest of my life. I have an exit plan into commercial real estate, but with local conditions in California being as they are (and I'm tied here for another 2 years due to school) real estate, especially in the commercial arena, is still off in the horizon.

I could not give up futures trading because nothing else would pay as well, but it is just so volatile that I wish I had another side business to cover the living expenses. Even if my business made 1/4 my trading for comparable effort I would be happy with it.

I am considering a side business. I have $100,000 saved but am not willing/able to use all of this money. I can work $25,000 now, or about $50,000 in 6 months if I need to wait.

The business I have in mind is an import/export business that buys its products cheaply from a country with many manufacturing exports like China. Ideally I would set up a B2B pipeline but I know nothing of what is involved to do this. Other option is selling B2C through a website or ebay.

If anyone has experience in this area, is this a realistic plan, or am I just pipe dreaming up a business that is far more difficult, possibly inaccessible for non importers, than I imagined?

Thanks
Ashan
 
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Jo emm,

O neli nz mowoph et e gavasit vsefis. Ov qezt raovi ximm cav vji tvsitt ot ipusnuat epf o duamf puv tii nztimg fuoph vjot gus vji sitv ug nz mogi. O jewi ep iyov qmep opvu dunnisdoem siem itvevi, cav xovj mudem dupfovoupt op Demoguspoe cioph et vjiz esi (epf O'n voif jisi gus epuvjis 2 ziest fai vu tdjuum) siem itvevi, itqidoemmz op vji dunnisdoem esipe, ot tvomm ugg op vji jusobup.

O duamf puv howi aq gavasit vsefoph cideati puvjoph imti xuamf qez et ximm, cav ov ot katv tu wumevomi vjev O xotj O jef epuvjis tofi catopitt vu duwis vji mowoph iyqiptit. Iwip og nz catopitt nefi 1/4 nz vsefoph gus dunqesecmi iggusv O xuamf ci jeqqz xovj ov.

O en duptofisoph e tofi catopitt. O jewi $100,000 tewif cav en puv xommoph/ecmi vu ati emm ug vjot nupiz. O dep xusl $25,000 pux, us ecuav $50,000 op 6 nupvjt og O piif vu xeov.

Vji catopitt O jewi op nopf ot ep onqusv/iyqusv catopitt vjev cazt ovt qsufadvt djieqmz gsun e duapvsz xovj nepz nepagedvasoph iyqusvt moli Djope. Ofiemmz O xuamf tiv aq e C2C qoqimopi cav O lpux puvjoph ug xjev ot opwumwif vu fu vjot. Uvjis uqvoup ot timmoph C2D vjsuahj e xictovi us icez.

Og epzupi jet iyqisoipdi op vjot esie, ot vjot e siemotvod qmep, us en O katv qoqi fsienoph aq e catopitt vjev ot ges nusi foggodamv, quttocmz opeddittocmi gus pup onqusvist, vjep O onehopif?

Vjeplt
Etjep

Gsun vji nupiz ov tuapft moli zua neli, zua duamf qsucecmz neli tonomes nupiz(us nusi) qmezoph qulis, xjodj nez ci mitt tvsittgam gus zua. Lopf ug tonomes xusl et ges et jewoph vu qav op vji juast vu hiv vji nupiz vjuahj, tu fappu og vjev'f ci ep uqvoup gus zua. Og zua'si katv muuloph gus e xez uav gsun vsefoph vjuahj, nohjv ci xusvj iyqmusoph. O edvaemmz muulif opvu gavasit vsefoph raovi e cov, cav ov xet e dseqmuef ug xusl dunqesif vu qulis tu O fidofif ov xetp'v xusvj ov vu simiesp vji teni vzqi ug hsopf, topdi qulis ot nusi gap.
 
Jo emm,

Vji catopitt O jewi op nopf ot ep onqusv/iyqusv catopitt vjev cazt ovt qsufadvt djieqmz gsun e duapvsz xovj nepz nepagedvasoph iyqusvt moli Djope. Ofiemmz O xuamf tiv aq e C2C qoqimopi cav O lpux puvjoph ug xjev ot opwumwif vu fu vjot. Uvjis uqvoup ot timmoph C2D vjsuahj e xictovi us icez.

Etjep

Vu ni, gopfoph cazist ot vuahjis vjep gopfoph qsufadvt vu timm. Ug duasti, zua jewi vu gostv gopf xjev qsufadvt vu timm epf vjip gopf vji taqqmois. Op uvjis xusft, zua piif vu gopf xjev qiuqmi xepv, xjisi vjiz hiv ov pux epf jux nadj vjiz qez pux.

Og zua dep timm, zua dep pihuvoevi e civvis qsodi xovj zuas taqqmois.
 
Gopfoph datvunist ot jesf, og zua veli vjot suavi, neli tasi zua neli tnemm usfist (wisz tnemm), tii xjev timmt vjip tvesv onqusvoph meshi usfist.
 
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  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

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