My wife is getting a settlement from a car accident in 6 months to a year. We were looking to invest in something ( dairy queen, or a gym ). But she is going to be collecting permanent SSI. So we can't have a business. So the only way to make extra money is CASH. So this is were I need your input. I have a great idea. I go to DELAWARE PARK every week, I don't bet online or have a bookie. Get nfltrends picks and bet his 5 plays for a 1000 a week on 5 team 13 point teasers. The last 4 years the worst you would do is 10 weeks won and 6 weeks lost. 10 weeks at 1000 times 2.5 = 25,000 and 6,000 lost. You would win 19,000. To LOSE money you would you would have to go 4 winning weeks and 12 losing weeks. I think is a can't lose situation, but the wife doesn't think so. Guys what do you think?
She can make nearly 15 k per year, maybe a little less
She can employ you, put you on the payroll and make sure her income doesn't exceed the threshold
Or you can own the business and employ her, paying her a salary below the income limits
You can also choose to be taxed as an S-Corp, making some of the income exempt from FICA Taxes and thus it doesn't impact disability
She can employ you, put you on the payroll and make sure her income doesn't exceed the threshold
Or you can own the business and employ her, paying her a salary below the income limits
You can also choose to be taxed as an S-Corp, making some of the income exempt from FICA Taxes and thus it doesn't impact disability
Gambling is a hobby, and you should NEVER risk money you cannot afford to lose. Things happen in sports which no bettor can control. Best thing to do would be to risk only what you could afford to possibly lose, but then invest the rest in the market, or possibly buy in to a small business IE: Small laundromat, Redbox Machines, Vending machines, Claw machines, etc and go from there
And thats just off the Top of His Wizard Head, dude is a Ninja.
Give him The Overnight and he'll come with something involving jumping in with a certain Greek Shipping Company's CFO's daughter's plans to short an Asian Real Estate Market and maybe some specific Shitcoins.
Trapeze Artist....if you decide to do this please consider avoiding A Burdening of NFLTrends with ur plan, added Pressure Be Bullshit there is enuff of this in lyfe :toast: gl to you
Tried to Color It Golden cuz if only....hopefully it gets thru to him: The Golden Rule.
That, and Money Management of course.
I'd add, investment consideration-wise: Find out all one can about: CRISPR.....where its at where its going, what Players are gonna be yuge on the field when it gets there
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[/FONT][FONT=Arial, Helvetica, sans-serif] Gamble away the settlement money[/FONT][FONT=Arial, Helvetica, sans-serif][/FONT]
Gyms go out of business all the time and most of the good 1's are just owned by big private equity firms now. A lot of the big food service chains that people are familiar with only franchise to investment groups or owners who will buy multiple locations or have a lot of working capital now as well.
And neither of those businesses are very passive.
Just put it in a Vanguard ETF/index fund and see how your wife adjusts to her new life. Maybe try to do something more ambitious with it in 3-5 years.
Before you do all that though, put the 100k on Floyd. Start off with 113-114ish rather than 100.
And neither of those businesses are very passive.
Just put it in a Vanguard ETF/index fund and see how your wife adjusts to her new life. Maybe try to do something more ambitious with it in 3-5 years.
Before you do all that though, put the 100k on Floyd. Start off with 113-114ish rather than 100.
