As you know the Cash Master website is all about finding financial trading, investment, and sports betting/trading related products that deliver the goods. As I approach my 50th birthday in January and the concept of ‘retirement’ becomes something that isn’t so far off in the future anymore, I find myself naturally leaning towards more passive investment opportunities rather than the ‘hands on’ betting/trading I’ve been accustomed to over the years.
Over the last couple of years I’ve become more interested in income generating products that require little, if any, input from me; whether that be automated betting bots, financial trade copiers, BitCoin mines, low input longer term trading such as PIE, Gold&Silver For Life, and speculating in crowd funded Angel Business ops such as Angel Business Club etc. that could produce potentially staggering returns if they come to fruition.
Offline, I’ve also branched out into property development schemes, commercial lets, solar power farms in Mexico, physical gold and even the B-Movie business.
With a wide and generous portfolio of reasonably speculative investments, not only have I been doing rather well already, I suspect over the next few years at least a few of them should pay off into something really quite meaningful.
I’ll always remember my dad telling me that people plan for retirement entirely the wrong way. They assume that when they’re old they won’t need as much money as when they’re young. Indeed I was recently watching an investment programme about pension plans and it stated that you should plan to be on about 60% of your current income when you retire. But this is all wrong. When you retire you’re going to have a lot more time on your hands and you’re likely to want to go and do interesting things, be that long holidays, travelling, playing golf, world cruises, all night raves…. whatever rocks your boat. And this is going to need to be funded.
My dad told me to plan to have MORE money when I retire than when I’m working, and it made sense to me then and it still makes sense to me now.
Over the last few years we’ve found some great services and strategies that can allow any of us to get into that position. Judging from the feedback I’ve received from many of you, I know that quite a few have ‘quit the day job’ to concentrate on full time trading and there are even more of you that do it all on top of your day jobs. In fact tomorrow I’ll be sharing the story of one Cash Master reader that is now earning an annualised six figure income from home using a portfolio of our recommended strategies.
In the meantime, I want to share with you my latest investment. This is another speculative punt on a UK start up company that I think has enormous potential.
I’m sure you’re all aware of price comparison websites like moneysupermarket.com, comparethemarket.com etc. that don’t actually have any products of their own, instead they are a hub through which people can fill in their details once and the website searches all the providers of whatever product you are looking for to find you the best deal.
So if you want cheap car insurance you only have to fill in one form and the website searches hundreds of insurance firms to find you the cheapest deal without you having to do it all yourself.
It’s a familiar concept that has been around for years.
Lending Zone is exactly this, except it specialises in loans. You can already use websites like moneysupermarket to search for basic loans, but because Lending Zone specialises entirely in loans, it can find better deals across far more providers and with far more specialised products.
Why did I choose to invest in this?
Because unlike many start ups, it’s more or less a completed project and all of the costs are already sunk (website, branding, TV ad, lender partnerships etc) and the FCA permissions obtained. The TV advertising will begin in the new year and investment funds will be used to cash flow the marketing campaign driving visitors to the website. The business is otherwise funded with very low overheads. They anticipate that the revenue generated through their Q1 campaign will provide the operating cash flow to self-fund the business, reinvest in media campaigns and expand their team in line with the plan.
And the figures look very attractive indeed.
Here’s the TV ad:
If this is something you think you may be interested in, drop me an e-mail and I’ll forward you the relevant details.