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New Direction

Discussion in 'Business & Startup Investing' started by Peter Terry, 3rd Oct, 2006.

  1. Peter Terry

    Peter Terry Member

    Joined:
    19th Jun, 2006
    Posts:
    6
    Location:
    Newcastle
    Hi,
    Just need some opinions guys.
    Ive been considering the purchase of a home services franchise and I have some thoughts of instead of outlaying the capital and work damm hard for my return, maybe I would be better concentrating on my investment portfolio ( Investment Company ) to satisfy my time and lifestyle issues !
    Is there anyone out there running an Investment Business Structure ?
    Is this a feasable concept ?

    I have a substancial portfolio and looking for career change away from 60-70hrs/pw manual labour !!

    I would love some feedback !!!

    Cheers
    Peter Terry:)
     
  2. NickM

    NickM Co-founder Staff Member

    Joined:
    20th Jun, 2005
    Posts:
    321
    Location:
    Sydney
    Hi Peter
    I have a couple of clients who work part time and invest most of their time.

    The part time work is a back stop and gives them something to do.

    You should take a number of matters into consideration;

    - Age
    - financial commitment to the business
    -your financial needs, ie can you generate enough from your investing.

    if the answer is yes to no 3 then thats what I would be leaning toward doing.

    Good Luck
    Nick M
     
  3. FreedomLadder

    FreedomLadder Member

    Joined:
    22nd Feb, 2007
    Posts:
    5
    Location:
    Canberra, ACT
    Hi Peter

    Just following on from NickM ... what sort of things are you interested in? Are you a health conscious person?

    If so, then you might be interested in the company I'm involved with.

    Debbie