Diversification is very important.... especially with the golden years of internet porn long gone.
I have invested money in property, but mostly for long term investment - most of it is not bringing in any income.
Infact most of my previous investments have been longer term asset appreciation investments with no interest in bringing in income. I have been forced to change this way of thinking, and am now looking to invest in things that produce yearly income.
This could be property, bonds, stocks that pay dividends, etc....
I have also looking into the reaturant business, hoping to open up a
http://sunraygrill.com in Tampa. I am friends with the owner, and am probably his #1 customer the past 5 years. I think the concept would do very well in Tampa, and with the expert experience of my friend, should make it successful.
But even then, reaturants do not make huge profits.
We have all been spoiled by crazy profit margins in this industry.
I am always keeping my eyes out.... I have another pet project I have been working on with the help of some friends from the porn biz. Its going to be a clothing line.... Once I get a product I will make sure Oprano is the first to know about it. ( Many of you I hav already talked to you about the idea, and got your feedback)
What is exciting to me about this project is I am working with 4-5 friends I met from the porn business, and we are all working on this together. It is kind of a cool idea, knowing you met a group of people in one biz ( an online biz at that) and can bounce ideas off of them for otehr businesses.)