im_better_than_u
Banned
what would you smart cats do if you had 50 grand cash? open a business? invest in stocks, bonds? how would you let that money work for you?
what would you invest in if you were given 50 thousand dollars?
- Thread starter im_better_than_u
- Start date
invest in online businesses, out source the work, make easy money on passive income, with that as in anytime u gotta do research. u dont wanna fuk with stocks or bonds, that shit is too risk even if u think u know what your doing, Just do research and put it into action. dont wanna sound clique but Knowlege=Power
interesting......do you invest in gold? short term or long term? i also could use info on this topic. i just came into a few bucks from a law suit. i would like to know my best move. i would really like to open up a shop or something... all you smart brothers chime in please.
GOLD? I wouldnt fuck with that now. If it was still at $300 an ounce and u had the time to wait then maybe, but nowadays? Nah!
Shit is over $1100 for an ounce. The way you guy em is buy Krugerands, they are the coins. Depending on where you are, may find em locally.
As for the other poster, I personally do see loot online and would consider with what you have at hand to make alot of money with a physical product but using the power of the web to promote it.
Case in example, ExtenZe sex pills. They are only a herbal medical pill made by a company like http://www.nutricaplabs.com
They make your product, package it, store it and do product dropshipping.
You then need the customers right? You can go to an affiliate site where you submit your product for sales, would need a sales page and company to handle the ordering also.
Affiliate sites for submitting this wonder pill or cream is like MarketHealth.com, CJ.com, Ads4Dough.com
those are just a few...
OR...
If I had that money, I would prob fly to china when they are having these big product display conventions. These guys have the simplest inventions, but make money if you brought it to America and mass marketed it. Case in example the PedEgg. Piece of plastic dont even cost 50 cents to make, but sells for $10. They have tons of inventions over there and would be more than happy to slap your logo and packaging and ship you thousands and you set up a warehouse here and make sales to Walmart, Target, Kmart...
You get the idea.
Shit is over $1100 for an ounce. The way you guy em is buy Krugerands, they are the coins. Depending on where you are, may find em locally.
As for the other poster, I personally do see loot online and would consider with what you have at hand to make alot of money with a physical product but using the power of the web to promote it.
Case in example, ExtenZe sex pills. They are only a herbal medical pill made by a company like http://www.nutricaplabs.com
They make your product, package it, store it and do product dropshipping.
You then need the customers right? You can go to an affiliate site where you submit your product for sales, would need a sales page and company to handle the ordering also.
Affiliate sites for submitting this wonder pill or cream is like MarketHealth.com, CJ.com, Ads4Dough.com
those are just a few...
OR...
If I had that money, I would prob fly to china when they are having these big product display conventions. These guys have the simplest inventions, but make money if you brought it to America and mass marketed it. Case in example the PedEgg. Piece of plastic dont even cost 50 cents to make, but sells for $10. They have tons of inventions over there and would be more than happy to slap your logo and packaging and ship you thousands and you set up a warehouse here and make sales to Walmart, Target, Kmart...
You get the idea.
I like messing with stocks and if I was looking for something to invest in that is what I would do.
You coulld also looking at possible picking up a rental property for cheap depending on where you located. 15-25k
Do some research on companies that are providing natural resource to China.
Chick out some dividend paying solid companies. I think I may have something here where I posted a couple. Do a search on my ID or something.
You coulld also looking at possible picking up a rental property for cheap depending on where you located. 15-25k
Do some research on companies that are providing natural resource to China.
Chick out some dividend paying solid companies. I think I may have something here where I posted a couple. Do a search on my ID or something.
Good idea on the China trip that's some next level hustlin' for a newb at international buying and domestic marketing but still worth it if able to pull
it off...
The Gold thing is long term and safe but you need to look down the line
25+ years or more...
it off...
The Gold thing is long term and safe but you need to look down the line
25+ years or more...
http://www.riseandgrind.com fellow BGOL'er put me up to thsi one
www.dreamandhustle.com
both black own site talks about doing your own thing.
if you still undecided from what you read above, you can invest i nwhat youalready know. example, if your a mechanic own a garage mechanic shop, if you like to cut hair own a barbershop or pay for license train etc... if you still dont know please put it on a cd account while you take your time. dont spend it dont spend it. worse case sceneario you can get in to private lender business like proper.com is doing. some do it bigger scale "HARD money" lend money for people to buy or fix homes just keep exploring but great input from others. also check the search box on the main BGOL board, several people ask similar questions before good luck
www.dreamandhustle.com
both black own site talks about doing your own thing.
if you still undecided from what you read above, you can invest i nwhat youalready know. example, if your a mechanic own a garage mechanic shop, if you like to cut hair own a barbershop or pay for license train etc... if you still dont know please put it on a cd account while you take your time. dont spend it dont spend it. worse case sceneario you can get in to private lender business like proper.com is doing. some do it bigger scale "HARD money" lend money for people to buy or fix homes just keep exploring but great input from others. also check the search box on the main BGOL board, several people ask similar questions before good luck
Personally, in an ideal situation, I would flesh out some type of internet venture for passive income.
However, I live in Atlanta and have been looking at coin laundry's for about 6 years.
I can buy one here for half what you are suggesting, live/work in it, and then then live off the other 25 until I fully vend it out.
That's just me personally.
However, I live in Atlanta and have been looking at coin laundry's for about 6 years.
I can buy one here for half what you are suggesting, live/work in it, and then then live off the other 25 until I fully vend it out.
That's just me personally.
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