ReadingReaddit

joined 1 year ago
[–] ReadingReaddit@alien.top 1 points 11 months ago (2 children)

I’m currently selling all of my companies. Taking the biggest payout I can and hunkering down because winter is definitely coming. Already got offers and ready to move forward.

A note I would encourage, though, is take the money and sit on it for a year or two well watching the real estate market adjust. Hard to purchase cash flowing properties right now. Most investors are sitting out for a few years.

You could also invest in dividend stock, CDs or HYSA in the meantime

 

Company annual revenue is $20k a year.

Equipment for the company is valued at $30k.

Takes about 8 hours of work a month. For around $10k I can completely automate the process and have no more work but still receive the income.

I have an offer for $80k.

Should I? A. Sell B. Hold C. Automate and hold onto that sweet sweet 100% passive income forever passing it to my children’s children’s children

Thank you 🙏

Edit: This companies revenue scales with inflation and its profit margin is set in stone.