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Jul 6 2018 08:30am
Was thinking of starting a business if possible

got like 10k to invest

I think ebay is a rip-off because they take like 10% of sales... and you pay even more taxes after 20k sales

etsy might be nice, I think you get all the funds if i'm not mistaken but not sure

craigslist is kool... but don't know where to start




was thinking of buying / selling things like cars / boats / electronics




any other ideas? possible machinery?

maybe like a big lawn mower and mow yards?

was thinking of possibly farming as well... I have 10 acres available to me if necessary

livestock seemed foolish... they just eat to much




idk... best I could come up with so far for safe route would be just invest it all in Cash Deposit funds that take like 5 years but you make like 12% interest after 5 years (called a CD Fund)

what should I do?

The other option... just put it all aside for a house... but I think the CD fund for 5 years might be smarter and just save up for 5 years first
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Jul 6 2018 08:35am
If you want to make good money, you'll seriously look into the stock market. Or look into real estate.

Example : I recently purchased 2 mobile homes with around 5k down each. Both in the same lot, 120k each(4bed,2bath). 240k investment. In my town, I can rent these for exactly what I'd rent a "normal" house, but purchased it for a fraction of the cost.
So the mortgage I put to start with on 30 years, (Going to refinance ofc). I pay around $600 a month for mortgage and tax. I rent them for 1250 each. 2500 a month. Save half incase shit breaks.. 1250 a month of passive income.

Or you could look into like lendingclub, basically you lend money just like a bank and get interest on the loan.

This post was edited by dizzle19 on Jul 6 2018 08:38am
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Jul 6 2018 08:42am
Invest in daltongs weed store
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Jul 6 2018 08:42am
Buying storage units will be the right thing for you
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Jul 6 2018 08:43am
Quote (dude_927 @ Jul 6 2018 06:42am)
Invest in daltongs weed store


not a terrible idea
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Jul 6 2018 08:46am
Quote (hunter_1 @ Jul 6 2018 03:43pm)
not a terrible idea


Unless he smoke the profit B)
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Jul 6 2018 08:47am
A CD is a Certificate of Deposit, not Cash Deposit. They also don't earn anywhere close to 12% over 5 years. Probably closer to 1.2%
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Jul 6 2018 08:48am
Quote (EnTeK @ Jul 6 2018 06:46am)
Unless he smoke the profit B)


hard to do when you prop 2 lb a plant
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Jul 6 2018 01:11pm
It's only 10k.

Put it in liquid investments, some stocks in a tech company you think are offering something that will be popular, or healthcare looking at personal medicine (which will be a huge industry in the next few decades).

Do 5k low risk and 5k high risk.
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Jul 6 2018 01:15pm
Quote (Surfpunk @ Jul 6 2018 09:47am)
A CD is a Certificate of Deposit, not Cash Deposit. They also don't earn anywhere close to 12% over 5 years. Probably closer to 1.2%


Wtf. Where are you located 1.2

Quote (SenorNZ @ Jul 6 2018 02:11pm)
It's only 10k.

Put it in liquid investments, some stocks in a tech company you think are offering something that will be popular, or healthcare looking at personal medicine (which will be a huge industry in the next few decades).

Do 5k low risk and 5k high risk.


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