I have a good $50,000 I'd like to invest somehow to make a MINIMUM of $1,500 a month to live off of. My total monthly bills are about $1,200 a month with rent and bills and all. $1,500 a month would be nice as it would cover me for the month and leave a small amount for entertainment as well as allow me to keep all of my paychecks to invest more or do whatever i want with them. I do not want to hear anything about network marketing or any business opportunities on or offline as I want to simply invest the money somehow without having to physically work or keep track of any type of business stuff. If anyone knows of any types of stock options or plans that will allow me to generate $1,500 a month with the $50,000 and that would also allow me withdraw the money without penalization please let me know. Thanks in advance!
2007-11-12 18:19:14 · 10 answers · asked by icabod crane 2 in Business & Finance ➔ Investing
That is a consistent 36% return you are looking for. SP 500 can avg 10% over a long while. Warren Buffet and the great value Investors can get 20% .. You want 36% good luck
I will tell you over the last five one of the best ways you could have done it but its no guarentee to keep doing it.
Emerging Markets. CHina India... A good ETF is (DEM)
Wisdom Tree Emerging Markets High Dividend. How high Try 6.5% a year comes to you back on your investment and the last five years the rate of stock increases over 30% I own it its a index fund of top dividend paying countries so as one country does better It will change so that helps fees are low because its index fund .38 or so.
Other things that have blown up Oil stocks , Gold , Steel.
I like emerging markets because they have so much room for growth and they pay you 6.5% of your money back just to hold them. Wisdomtree (DEM)
but you must be joking to try and get 36%.
2007-11-12 23:57:18 · answer #1 · answered by William H 2 · 0⤊ 0⤋
To be to the point. In Australian parliament they discuss what to do with taxpayers reserve funds. Investment of these funds is with small risk and return of just above standard Bank interest.
If they could find a way to make 30+% consistently they would, as would I.
I have scoured the financial markets for 10 years, and have found the odd opportunity to make 50%ish for a while with virtually zero risk. BUT of course it don't last. Everyone would invest at 10 to 20% rather than Bonds of Share Market, if it was really available.
Anyway like the question, hope someone can offer more than I have.
2007-11-12 18:36:45 · answer #2 · answered by instantdegrees_scam 2 · 1⤊ 0⤋
There is no strictly legal way to make that sort of return :-)
Without resorting to out & out crime, about the only suggestion I have is 'pay day loans' = lending upt to $1,000 at a time to (poor) people (morons) with non-existent Credit Ratings who sign over a post dated cheque that you cash on their pay day to get your money+interest
They can be fleeced for huge effective rates of interest (eg. you lend them $500, they sign over a cheque to be cashed in 2 weeks time for $525.. ($25 for 2 weeks = 130% a year)
The only problems you have to overcome are :-
1) The default rate is high (bouncy / stolen cheques), so you need absolute proof of identity & address & sometimes you will have to go round & be prepared to use anything short of actual physical bodily hard to get your money + charges back ...
2) Other lenders (eg the Mafia) do not like you competing in their territory ..
In USA / UK you will be extremely lucky to make 10% (with quite a high risk you will actually loose money) - so if you have $50k you could make a risky $5k a year == $416 a month...
'Risk free' return is likely to be around half that (i.e. 5% = $208 a month)
PS Don't waste your time with pyramid scheme "survey" sites etc.
2007-11-12 18:39:12 · answer #3 · answered by Steve B 7 · 0⤊ 0⤋
HAHAHAHAHA. HAHAHAHAHAHAHA. HAHAHAHAHAHAHAHA.
You are joking right? You do realize that is like a 36% return (more when you take into account compounding). If there was a sure fire way to make a 36% return I'd be remortgaging my house, leveraging everything I had to get that!
Try actually working ya bum. It builds character. $50,000 isn't that much money. You aren't going to be anyone's angel investor with that kind of money. When you have a couple Mill we'll talk...
Good luck kid....
2007-11-12 18:27:17 · answer #4 · answered by imh400 3 · 1⤊ 0⤋
Aside from lending it to a bank or the government, you can buy one-half of a piece of real estate and rent it out. This is called "competitive bidding" and is the closest thing I can find:
2007-11-12 19:21:58 · answer #5 · answered by Anonymous · 0⤊ 0⤋
i think it's quite impossible to make such a big money in returns,unless u try to buy some stable unit trusts in the stock market.be aware of the conman who's more interested in ur money.take care.
2007-11-12 19:04:51 · answer #6 · answered by robert KS LEE. 6 · 0⤊ 0⤋
Careful what you wish for. The Obama supporters have no clue what they are in for. They think times are tough now........LOL.......the best is yet to come. They think the Bush tax cuts HURT them somehow. Amazing. BUT, at least they will be able to purchase health insurance at a 20% discount! LOL
2016-05-22 22:23:10 · answer #7 · answered by mina 3 · 0⤊ 0⤋
The only sure fire way to double and keep ur money is to fold it and put it in ur pocket. Investments dont work that way, sorry
2007-11-12 19:33:55 · answer #8 · answered by Mortgage Pro 2 · 1⤊ 0⤋
do you like an agroindustry? bufalos-bulls and others...you buy them and check them but the results are by year ...the results are great. Send me an email.
2007-11-13 19:21:51 · answer #9 · answered by Gaby 6 · 0⤊ 0⤋
GIVE IT TO ME
2007-11-12 18:27:26 · answer #10 · answered by bigcrackrod 2 · 0⤊ 0⤋