I am trying to make money by putting my money into something...for ex. I got a clean pearl white v8 stick shift 83 camaro for 1,000$ and I want to put around 800$ into and flip it for 3,200$. Any one got any ideas for a larger investment like 20,000$?
2006-12-18 10:05:02 · 6 answers · asked by Nathann S 2 in Business & Finance ➔ Investing
I have friends who do stuff like this.
One friend bought a lot of team merchandise at wholesale prices and then sold most all of it off one of those pull carts at the mall.
He paid $900 dollars for the sports stuff and made $1750 and then bought more sports stuff and sold that and reinvested the money. He ended up with $13,735 in three months from his original $900.
He has also done that on ebay and with garage sales. He takes a month long vacation and here I am working. Selling stuff is where it's at!
2006-12-18 10:12:02 · answer #1 · answered by infobrokernate 6 · 0⤊ 0⤋
This question is based completely on what your own personal preferences, areas of expertise, time horizon, and risk level are. For example, you may want to invest it in traditional high risk stocks and bonds. If you have the required knowledge, you may want to trade tourself and look into futures and options. If you want to be involved in real estate, this may be enough to get started flipping houses, owning rental properties, or working with seller financed mortgages. You may also want to open some sort of home based or online business or use it as a venture capitalist and finance someone else's businesss. The possibilities are virtually limitless.
2006-12-18 10:14:08 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I don't know but I would take 20% and put it into a high risk area and see if it works. Invest the other 80% in capital producing way like online savings accounts where you could get 6.4% interest
2006-12-18 10:08:42 · answer #3 · answered by Anonymous · 0⤊ 1⤋
I heard that this amount has less value in USA. But in emerging markets like China and India, where stock markets are bullish, you will get good return on your investment. Take loan and purchase small piece of land.
2016-03-13 08:18:47 · answer #4 · answered by Susan 3 · 0⤊ 0⤋
Why don't you buy 10 clean pearl white v8 stick shift 83 camaros for 1,000$ and flip them for 3,200$ each?
2006-12-18 11:29:56 · answer #5 · answered by Anonymous · 0⤊ 1⤋
The best investment strategy can be found at http://www.4xmoneytrain.com
2006-12-18 16:00:25 · answer #6 · answered by Anonymous · 0⤊ 0⤋
One hand of blackjack
One spin of roulette. Put it all on red or black
2006-12-18 12:19:38 · answer #7 · answered by Dennis D 2 · 0⤊ 0⤋