Quoted from HighProtein:Look up the history of Warren Buffett, his first business was operating pins.Yes, pinball is in a different place than back then but the philosophy is still the same: re-invest the profits. At this point all of the profits go into upgrading the quality of the game and mods.Expanding the awareness of pinball which then helps the whole universe of pinball.The return on investments on pinball machines on route can be quite high, yet sometimes can be low.Considering the reality of inflation and it's connection to pinflation, the last place my money would be is in a bank perpetuating the scam of fractional banking.
I really don't want to blast into your personal business or current financial situation, but can you please help me understand the cost involved and the return?
How much did you pay for Tales from the Crypt, Sopranos and Judge Dredd? 5-6K? How much did you put into shopping them. What are the repairs or maintenance costing you so far? Is there a split fee with the owner? How much profit are you seeing, if any, every week? $20-$30? Divided by the cost of the machines? How long is it going to take to actually break even? 3-4 years? We're talking break even now, not even profit at this point. I must be missing something HighProtein.
I agree, money in the bank isn't greatest interest earner right now. But, at least you're not losing money. Also, paying off debt is one of the greatest ways to actually save money. Most people have dept in some shape or form. Not all but, a large percentage of people have something(s) they wish they could pay off.
I would think those two options would be a something to consider if you plan to make a couple bucks. Then again, it's not my life, and it's not my business. It just seems like a total loss, but maybe I'm missing something. I don't want to come off like I'm picking at you, but making money on route doesn't seem logical at all.
Unless, it's some kind of tax shelter. Start business, purchase games, report loses. Take the write off, and support hobby.