he is currently living in a bed and breakfast...having recently being made homeless, this is an amazing peice of good luck and he doesnt want to waste it!!!
2006-08-04 07:29:54 · 7 answers · asked by Jamni@ 3 in Business & Finance ➔ Investing
I know its his decision, duh....he has asked me to post this!!
2006-08-04 07:37:30 · update #1
hi this is the b.f i HAVE A JOB thankyou i was made homeless due to an *** of a landlord and have had a couple of crappy years due to a BAD breakup think before you answer peeps
2006-08-09 07:37:09 · update #2
OK, that's def some luck EH. 20,000 Euro . . that's approx $25K . .
not much for a big return on investment. Here's what I would do, if i were in your situation. First of dont invest all of it. Put away some in a Savings account. Second try to invest in your Talents .. if any (mine is DJ ing) ..
A good thing nowadays may be buying a Popular item wholesale & selling them online. or getting distribution rights for something like the PS3. . but that might involve more capital . .which you may be able to borrow with a Sensible business plan & the 10K or so i told u to put in the bank. I woulnt consult with any so called "Financial Planners". Chek out what your local Chamber of Commerce says.
chek the link below for some Franchise Opps
2006-08-04 08:42:22 · answer #1 · answered by Dj Enigma 4 · 0⤊ 0⤋
He should seek the help of the most intelligent person he knows to help him out. $20,000 is not that much money.
Why is he homeless and why doesn't he have a job? How old is he? All these things have to be taken into consideration. He needs to get his life back on track again. If he doesn't do so, it will be three months from now and he won't have one penney left.
Just a suggestion. Don't listen to his woes of poor me after the money is gone.
2006-08-04 14:37:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Put the maximum amount possible in a tax-free account, then look at putting a deposit down on a house. Next go to the stock market with £3000 to £5000 and carefully select some shares. Possibly look at the far-east market as well as the local one.
2006-08-07 09:37:53 · answer #3 · answered by rgk20eg 2 · 0⤊ 0⤋
Invest in BP stock, and real estate, and start a savings or his own business, or go to Uni, an investment in ones self always pays off
2006-08-04 14:34:08 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Ermm, some donations to me please????
Ok ok.....I'll stop!!..^_^
The most impotant thing is to keep it safe in a bank. Then tell him to start a very well earing bussiness.
If he is talented, he gonna earn triple..^_^
2006-08-04 14:35:27 · answer #5 · answered by Anonymous · 0⤊ 0⤋
IT'S YOUR BOYFRIENDS DECISION, AND HE NEEDS TO CONSULT A FEW FINANCIAL ADVISORS BEFORE SPENDING THE MONEY.
2006-08-04 14:36:19 · answer #6 · answered by ChicaLoca 3 · 0⤊ 0⤋
POKER TOURNAMENT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
2006-08-04 14:35:18 · answer #7 · answered by FootballFan1012 6 · 0⤊ 0⤋