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Noodle had an excellent point about diversifying, so I won't go into that too much. However, there is still a metric shit-ton of money to be made on the app st
by icey 17y ago
Noodle had an excellent point about diversifying, so I won't go into that too much.
However, there is still a metric shit-ton of money to be made on the app store. I don't see people leaving it in droves immediately. He knows how to make money in this environment right now, so in my opinion he should spend at least some of the money he wants to invest on something he already knows how to do well.
I just don't see the wisdom in avoiding a marketplace you already know how to make money on; even if it has a chance of going away. Max has already proven that he is able to identify a market and take advantage of it once, who is to say he couldn't take advantage of the "next big thing"?
- rabble 17y agoYeah, i'd take at least %50 of your income, and put it in various things, some CD's, some foreign currency investments, govt bonds (tax free), etc... Then save the next %25, for rainy day's in an account, interest rates are terrible right now, so you might try one of those savings accounts which earns miles. Then with the last %25, use that to invest in more appstore / development projects.