haha What a thread.
It is an interesting question but it isn't one anyone can answer because the lifestyle you or I want to live is a personal matter.
Still, these types of topics are always of interest to me. I think if you work as much as you do, you will have a hard time transitioning into a retirement without having at least a part time gig going on. Something to keep you busy and the brain working. It may not having anything to do with making money. Art, music, writing... anything that keeps you thinking and wanting to get up in the morning. From a health aspect, I believe this is critical and why many expats drink themselves to death.
As for believing the OP:
It's hard to say one way or another. No details were really posted.
Affiliate marketing can bring in that type of cash quickly. From the sounds of it, the OP got lucky and hit a winner. In a way, it is unlucky for him because he really didn't figure out why it worked and can't duplicate it. I am a little surprised at giving up right away and throwing everything into real estate. Maybe he realized that type of thing wasn't for him because it is a grind.
I'm assuming from what he posted he was buying traffic and pushing that traffic to offers (cpa offers?). Again no details were given so it's hard to say. If this is the case, he would need some good cash on hand to scale this up to where he pulled in 500k. The problem many people have starting out is cashflow. Payouts are not immediate so affiliates need cash on hand to scale out and then wait for payouts. I have reservations about the OP's story because it sounded like he had little cash on hand in order to scale up to 500k.
As for real estate, if we're talking about houses and multi units in places like Ohio or Michigan, then you can get some very nice cashflowing properties. I have seen a house in those areas sell for 40k and rent being around 750 in the area.
I wouldn't be interested in landlording myself. I don't trust management companies and I would need to scale large enough to afford my own management company.
I do like notes though. I plan on getting back into that racket when I max out my business opportunities (or get tired of the projects I'm working on haha). I only plan on doing that in states with fast foreclosure laws like Texas or Georgia.
I don't know much about the oil fields but from common sense his story doesn't sound right. A guy who has no skills goes up and finds a 200k job. I'm having a hard time believing those jobs wouldn't be the first to be filled up with all the guys looking for work in those areas. Many of those guys having skills pertinent to the oil industry.
It is an interesting question but it isn't one anyone can answer because the lifestyle you or I want to live is a personal matter.
Still, these types of topics are always of interest to me. I think if you work as much as you do, you will have a hard time transitioning into a retirement without having at least a part time gig going on. Something to keep you busy and the brain working. It may not having anything to do with making money. Art, music, writing... anything that keeps you thinking and wanting to get up in the morning. From a health aspect, I believe this is critical and why many expats drink themselves to death.
As for believing the OP:
It's hard to say one way or another. No details were really posted.
Affiliate marketing can bring in that type of cash quickly. From the sounds of it, the OP got lucky and hit a winner. In a way, it is unlucky for him because he really didn't figure out why it worked and can't duplicate it. I am a little surprised at giving up right away and throwing everything into real estate. Maybe he realized that type of thing wasn't for him because it is a grind.
I'm assuming from what he posted he was buying traffic and pushing that traffic to offers (cpa offers?). Again no details were given so it's hard to say. If this is the case, he would need some good cash on hand to scale this up to where he pulled in 500k. The problem many people have starting out is cashflow. Payouts are not immediate so affiliates need cash on hand to scale out and then wait for payouts. I have reservations about the OP's story because it sounded like he had little cash on hand in order to scale up to 500k.
As for real estate, if we're talking about houses and multi units in places like Ohio or Michigan, then you can get some very nice cashflowing properties. I have seen a house in those areas sell for 40k and rent being around 750 in the area.
I wouldn't be interested in landlording myself. I don't trust management companies and I would need to scale large enough to afford my own management company.
I do like notes though. I plan on getting back into that racket when I max out my business opportunities (or get tired of the projects I'm working on haha). I only plan on doing that in states with fast foreclosure laws like Texas or Georgia.
I don't know much about the oil fields but from common sense his story doesn't sound right. A guy who has no skills goes up and finds a 200k job. I'm having a hard time believing those jobs wouldn't be the first to be filled up with all the guys looking for work in those areas. Many of those guys having skills pertinent to the oil industry.