for investing Buying low selling high is key here.
you could look at stock market. Look at companies getting ready to receive FDA approval for their drugs.
But if you wanted to gamble you could take it to the blackjack tables and bet $1250, doubling your bet if you lose and continuing to bet $1250 when you win. The odds of losing 4 consecutive hands (and bankrupting you) are 7.6% but this is only if you play exactly 4 hands. There is a greater probability that you will reach 20k before you reach 0.
Go and bet your $$ on something that's just below the threshold for gambling with the highest variance and put your money.
for investing Buying low selling high is key here.
you could look at stock market. Look at companies getting ready to receive FDA approval for their drugs.
But if you wanted to gamble you could take it to the blackjack tables and bet $1250, doubling your bet if you lose and continuing to bet $1250 when you win. The odds of losing 4 consecutive hands (and bankrupting you) are 7.6% but this is only if you play exactly 4 hands. There is a greater probability that you will reach 20k before you reach 0.
Go and bet your $$ on something that's just below the threshold for gambling with the highest variance and put your money.
for investing Buying low selling high is key here.
you could look at stock market. Look at companies getting ready to receive FDA approval for their drugs.
But if you wanted to gamble you could take it to the blackjack tables and bet $1250, doubling your bet if you lose and continuing to bet $1250 when you win. The odds of losing 4 consecutive hands (and bankrupting you) are 7.6% but this is only if you play exactly 4 hands. There is a greater probability that you will reach 20k before you reach 0.
Go and bet your $$ on something that's just below the threshold for gambling with the highest variance and put your money.
Martingale is probably worst employed in blackjack (your better off using it in roulette, craps, baccarat-----a game with a closer to 50/50 win/lose ). You also didnt give all the information, you have to factor in the tables betting limit as well, you'd have to do this at a table that allows max bets past $10,000
I think I might do this. What is the climate tho, do people buy from private sellers or are people buying primarily form the lot.
Yeah I think the 3 car rule is everywhere but Im sure there are ways around it like...
buying the car and putting it in some else name before you sell. Maybe getting an LLC (about $100 dollars) and selling 3 cars under the LLC. LLC's are considered to be people in the eyes of the law. Unless the 3 car law explicitly states that LLC don't coun't.
@ROFL_GUY have you done this? How is it working for you?
I think I might do this. What is the climate tho, do people buy from private sellers or are people buying primarily form the lot.
Yeah I think the 3 car rule is everywhere but Im sure there are ways around it like...
buying the car and putting it in some else name before you sell. Maybe getting an LLC (about $100 dollars) and selling 3 cars under the LLC. LLC's are considered to be people in the eyes of the law. Unless the 3 car law explicitly states that LLC don't coun't.
@ROFL_GUY have you done this? How is it working for you?
Well my boy does it now and he uses https://www.iaai.com/ to buy cars that have been stolen,vandalized, or in wrecks and resales them.
Before he got his auction/dealer licence he would:
Buy a car from someone (private seller) and then resell it to someone else. He would never put his name on the title when he bought it he would just flip it to other ppl ya dig me? He also had a friend at the dealer who would sell him cars but never put the title in his name so he got off that way too. He made some real good money, but watch out on that site buying cars that were in a wreck because sometimes the damage is much worst than it looks good luck breh
I think I might do this. What is the climate tho, do people buy from private sellers or are people buying primarily form the lot.
Yeah I think the 3 car rule is everywhere but Im sure there are ways around it like...
buying the car and putting it in some else name before you sell. Maybe getting an LLC (about $100 dollars) and selling 3 cars under the LLC. LLC's are considered to be people in the eyes of the law. Unless the 3 car law explicitly states that LLC don't coun't.
@ROFL_GUY have you done this? How is it working for you?
almost impossible to get a dealers license if you dont have a physical place of business
Take out an ad on CL, saying you will buy cars for cash..
they will call.
You will have 2 or 3 people call daily , find a mechanic that can do side jobs. Also get a body guy. (if you dont have these your gon fail)
Some of the cars will be shyt and others will be ones they bought for their kid or mom and just don't need it anymore.. or they wreaked it and took it to a body shop and they said that will be 4k to fix, so they dump it to you for 200 bucks, now you can buy all those parts for $500 bucks and put them on and paint it.
In most states,
If you buy a car from an individual they just sign the back of the title, so you buy it, fix it up and then sell it and just give them the same title..
You do not need a license at all. Because hypothetically you never owned the car.. You never own them so you can buy and sell as many as you want.
Dont fukk with stocks unless you know the game front and back. Id invest in real estate. Rehab a house and rent it out or sell it. You can get a nice foreclosed home for about 15-20k.
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