I have some money about 30000-40000 and I`d like to ask what can I do with this to make more money ?

Question

IS IT TO GET MORGAGE AND BUY A SHOP BUT WHAT SHOP OR IS IT GOOD TO BUY HOME AND THEN REN IT OR WHAT, I NEED A FRESH AND GOOD ANSEWR IF I GOT A GOOD ONE I PROMISE TO GIVE THAT PERSON A GOOD AWARD AS GOOD AS THIR ANSWER

Answer 1

I will assume that your money is either in Euros, Dollars or Pounds.

If that is the case, there are several ways to make money.

The determining factor is your goals. Short term or long term.

If short term, to make more:

Day Trade
Buy fixer-upper homes, re-sell after a good make over within a year.

If long term, to make more:

Equity stocks.
stock market in general.
Hedge funds.
Buy homes, rent them.


May you more money and put it into good use!

Answer 2

Houses are still the best money making item around.

Here's what I'd do.

Put the money forward as a deposit on a second mortgage. Use this to BUILD a new house. You have to keep them for a year once built so in this time rent it out to pay the mortgage.

Once the year is up sell the new house and with the significant anount of new cash made start the process again. Borrowing less of the bank this second time.

Continue till you can afford to build a house outright without borrowing (should take no more than 3-4 houses) then decide to either retire or build yourself one and move.

Sure fire way. ;o)

Answer 3

Presently the best return you can get is from buying and selling houses. the property market is looking up again.

You can either buy a house which needs cosmetic work doing ie painting and decorating, then sell it - make yourself a good reurn.

Secondly, buy a house or houses using the above as a deposit on a mortgage, do a bit of work to make them look good and rent then rent the house/es out. Lots of people renting out there, why not get someone else to pay your mortgage for you!! they will be paying someone else's why not yours.

Or you can put your money into an account which pays 5% if you invest over two years ( for 30k thats £1500 a year im sure you can get more than that from buying/seling houses, but ultimately the choice is yours)

Hope this helps.

Answer 4

If you look at Buy to rent property, you can get an 80% mortgage, so with £30,000 you could get mortgages up to about £120,000 giving you £150,000 to go shopping with.
You would need to talk to agents to find out what is in demand in the area you are looking at, and research "Buy to rent" in Google. You should be able to cover an 50% mortgage with the rent you get.

Remember though that as house prices rise, you can remortgage back up to 80% and reinvest the gain in more property.

Good books; "Rich Dad Poor Dad" by Robert Kiyosaki, and also one or two of Dolf de Roos's property investment guides.

Answer 5

International Relations Coordinator Robyn Broughton says His Holiness really wanted to interact with staff and students. As the capacity of St David is limited to 500 people, it was decided to run a competition to choose which staff and students can attend – asking what question they would ask the Dalai Lama. The competition closes on Friday 19 April, but Mrs Broughton says there has been a fantastic response already from staff across the campus. “We have had entries from across the board,” she says. “Right from PhD students to senior management.” And the questions cover a spectrum of topics too. “There are quite a few around how to achieve balance in a busy life, quite a few around His Holiness’s thoughts around the role of tertiary education for young people, some around how to stay positive, someone has asked ‘If you could be an animal, what would you be?’, another has asked ‘What is your favourite childhood memory?’.” The final questions to be put to His Holiness will be selected by the national organiser of the Dalai Lama Trust, but Mrs Broughton believes there will be mix of serious and more light-hearted questions. Professor Mark Henaghan of Law will facilitate the session and put the questions to him.

Answer 6

A Bargain Booze Franchise

Answer 7

Flipping a house is a great idea but you need a little more than that. You buy a fixer-upper, fix it up, and then sell it for way more than you paid for it. Then you pocket the profit. But it takes work and theres no guarantee you will make money.

I would stick it in a high yield certificate of deposit account.

Answer 8

Go into any service business that earns you cash money every day

Answer 9

invest it in too blue-tooth technology's there in charge of alot of software now coming out that's all wireless the new PlayStation 3 will have blue tooth in it and all new cell phones have it i think that's enough said right there its going to sky rocket


DO NOT INVEST IT IN THE LOTTERY!!! i used to work for them they will always win you will come out in the hole anyway

Answer 10

you have not said what kind of money it is eg if it was the yen it not that much than 40000 £ or $