Diversifying my Investments

Here is a house our LLC currently has for sale.

As I have mentioned several times before, I’m in the process of reducing my website inventory down to 1.  Not only will this help clear my mind, reduce my responsibilities, and free up some time, but it will also put a heap of cash in my pocket.  I had been investing aggressively in websites over the last few years, spending a lot of money on acquisitions.  I will get everything back and then some by the time I get everything sold.

Currently, the only other investments I have are my IRA (all in the stock market) and about a 1/4 ownership in an LLC that purchases foreclosures from the courthouse steps and flips them in ~90 days.  Our first flip was a great success, and we are in the process of selling our second flip.  I literally do zero work for this.  We have partner running the whole show, he has his money invested alongside us, but also gets a bonus for doing all the work.

I’m currently trying to figure out where to place another sizable investment or two.  I like the idea of start-ups, I like the idea of green energy/positive social change, and I like the idea of investing internationally.

Where to start?  I don’t know.  I Googled “Venture Capital” the other evening and read the Wikipedia article on it.  Guess I need to do some more research in the field…

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Left Sweden on Monday and flew into Amsterdam, then took the train to Belgium on Thursday, and then the bus to Paris on Saturday.  Will be here for a few days, and then head south towards Spain eventually.

 

2 Responses to “Diversifying my Investments”

  1. Dad says:

    I have just the start-up you need to invest in. It’s called the “Mom and Dad Retirement Fund”. It meets all the requirements. We’re “green” – we recycle all kitchen waste in that compost bin in the backyard. Also, we can burn through your venture capital just as fast as any of those other start-ups that have yet to turn a profit or return a penny to the investors. At least you would know it’s going to a good cause.

  2. Tommy says:

    Seems extremely tempting, however I don’t quite see the upside. Do I get to own part of your retirement?

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