I got $50K to invest...need ideas

Houston911

Super Moderator
Staff member
Supporter
Joined
Apr 30, 2012
Messages
47,460
Reputation
14,664
Daps
202,606
Are those really the best way to invest 50K? Hasn't that heyday gone and past now? Seriously asking here.

I wouldn't invest the full 50k :whoa:

I'd get in on a heavily hyped one and drop 2-3k

The big ico's from the past couple months giving returns from 5x-80x

You get the coins at discount on ico so the risk of actually losing significant money is pretty low, at least for now
 

Cynic

Superstar
Joined
Jan 7, 2013
Messages
16,322
Reputation
2,332
Daps
35,236
Reppin
NULL
buy a business and grow it ... that's all i say on this matter
50k is too small for any bridge financing play
 
Joined
Dec 16, 2014
Messages
27,917
Reputation
7,323
Daps
167,451
What area are you in?

You can flip foreclosed houses with like 30k in some areas.

You can buy a small business and run it remotely. A bread route or snack route can be had for like 20k. You just gotta hire a driver.

Food trucks are big in some areas.
 
Joined
Dec 16, 2014
Messages
27,917
Reputation
7,323
Daps
167,451
Where am I gonna get the women from? What's the potential income on this? More than they make at a strip club?

Damn bruh :stopitslime:you want me to hold your hand??!!

It’s a hustle for the chicks they don’t strip all day. Some bytches don’t want to strip.

You gotta do some research, google is free!
 

Gwoppo

All Star
Joined
Feb 6, 2017
Messages
2,090
Reputation
289
Daps
5,878
If you have 50K to invest, I am assuming you have no debt besides paying mortgage and well paying job

What I would do is read the Intelligent Investor...

Then I would look at my personality and my lifestyle and be honest with what type of person I am...

If you are the type of person that does not mind taking extreme risks, that don't mind losing money and starting all the way over...then I would talk to a financial advisor and consider starting a business...but you'll need more than 50K for anything that has to do with having a physical location or having a lot of inventory..

If you are a cautious diligent and persistent person, I would study value investing, particularly the book by Seth Klarman, and also go talk to a financial advisor and then craft a portofilo of solid businesses that are healthy and stable and constantly paying out dividends...

Use those dividends to buy more stock.

Eventually you should make enough money from your dividends to that you can retire...

If you are not risk averse but you are not cautious, diligent and persistent...then throw that 50K in an index and don't worry about it...

What’s the time frame on being able to retire from 50k investment?

What would you talk to the financial advisor about?
 
Top