It's always hard to judge when is the best time to start up a new business venture, make a new investment, or take the plunge into a new financial opportunity, especially with the financial uncertainty we've had in recent years.

A friend came to me with an idea for a new business venture, and I'm very keen but I want to make sure it's a good idea before I go steaming ahead. I don't want to say too much about what it is just yet, but I think if executed well it could be really lucrative for us.

I currently have money tied up with a private wealth management company called Rowan Dartington, who invest the money for me and I see the return. They already help me manage a couple of investments, so maybe they can advise me on starting up something new too.

Photo: drewleavy (Flickr)