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/biz/ - Business & Finance

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13399336 No.13399336 [Reply] [Original]

I 'm trying diversify. Right now I have 168k locked in real estate, at 9% gross ROI per annum + building a crypto portfolio DCAing 500 € per month)
Next projects: I'm setting roughly 1.2k per month. 500 go towards a next real estate investment, 500 into crypto. I want to branch out in something new. Here's the idea,

>inb4 buthurt pol, it implies doing business with Muslims

Muslims buy live sheeps which they kill themselves for Aid. Friend of mine has a few sheep (we both live in town but come from the country side) got chatting with the Arab dude from his convenience store. Sells him 2 sheep for 80€ each every year. The guy told him Muslims are desperate for sheep when ramadan ends, they buy for 200€/piece. They're city dwellers and have no connections.

My parents have land which they're ok for me to use. My dad cared for sheep with my grandfather, who had ~100 heads. Knows the drill, everything from health to food to insemination. I'll be the finvestor+sales. I'll put down the money for the fence, the vet, whatever and I'll get the clients in town. My father will take care of the sheeps.

All in all I'm looking at ~200€ initial investment (fence, i'm getting 2 couples for free)+200-300 in vet costs mostly per year for a dozen heads, roping in somewhere between 1 and 2k, split with my father
Pretty decent return for a small amount+ added benefit of it being a father and son thing, I'll enjoy doing it with him, and he's over the moon to transmit what he himself learned from my grandfather

Anyone else with ideas to monetize being in the city with county roots? On ROI alone, this sheep gig beats everything else despite the quaint image

>> No.13399643

Haven't Portuguese killed enough?

>> No.13399672
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13399672

>>13399336

be careful with the muzzies. things can blow up.

>> No.13399724

>>13399643
>>13399672
holy shit this board is dead
Is because zoomers only care about memeing instead of making money?

>> No.13399783

>>13399336
This cunt was talking about selling her vagina in another thread. LARP!

>> No.13399799
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13399799

>>13399336
Sounds like a good plan. Go for it! Remember to keep track of all expenses and working hours to get a clear picture of how much profit you make.
One way to diversify assets is to buy stocks, there are thousands of different kinds of companies out there. Everything from biotech to fashion to oil drilling.

>> No.13399805

>>13399336
Are you going to do this through a company you own? Could have tax benefits.

>> No.13399820
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13399820

>>13399724
Really successful people who know their stuff are not the typical poster here.

>> No.13400694

>>13399805

no animals have to be declared after 6 month old, I'll sell them younger anyways, so this gig is all cash, and a cool project with my dad.
I f I sell 5 lambs at 100 a piece per year, it's still a 100% return
also, I structured my real esate activity so I can use it for tax purposes (deducing costs from rental income) within reason, it allows me to deduce quite few expenses by filling under the appartment

>>13399799
>One way to diversify assets is to buy stocks, there are thousands of different kinds of companies out there. Everything from biotech to fashion to oil drilling.
I have vanguard for stocks, probably not the highest returns to be made with stocks, but I focus on ventures that can be ran on autopilot, I have a well paying job that takes up most of my time and focus