Need some serious advice, What would YOU do with $50,000 dollars?
- Thread starter MouseTeeth
- Start date
First. If you not making 3% per year then you losing money. Normal savings accounts won't cut it. You're gonna have to invest in something with more risk.
More risk higher return. Immutable law of this universe. Stocks and other kinds of investments like that will get you past inflation (3% per year).
If you wanna get above 5% return you may have to go even riskier and start a business. You could make up to 25% return (once you get rolling) but you could lose 100% in the process.
Me personally, I think I would sink it into my comic book idea. I know where to gwt the printing done and I can write/draw myself. If you have any hobies that you can sell you may think about doing that.
More risk higher return. Immutable law of this universe. Stocks and other kinds of investments like that will get you past inflation (3% per year).
If you wanna get above 5% return you may have to go even riskier and start a business. You could make up to 25% return (once you get rolling) but you could lose 100% in the process.
Me personally, I think I would sink it into my comic book idea. I know where to gwt the printing done and I can write/draw myself. If you have any hobies that you can sell you may think about doing that.
PewPew
I came from nothing
Start an online business. straight up.
Your only costs will be:
building the website and the shyt that comes with it (the theme, seo, marketing, paid writers maybe)
domain name, which is less than 20 bucks
and server space. if you use blue host you can get a very good server with lots of bandwidth for less than 25 a month.
And thats virtually it. once you get up to about 5k unique visits a month, you can set up ads and start seeing a return on your investment. how do i know? because thats exactly what im doing now.
GlobalGoodGroup.com is the site
Globalgoodgroup.com Site Info
The alexa ranking is a little behind honestly but yea
If you wanna know more just let me now. im an open book. Also hit up a member by the name of Irish Pride. He is an absolute SEO genius and someone that i highly recommend when it comes to this internet game.
EDIT: The traffic and earnings i posted are a bit old, we are doing much better now.
Your only costs will be:
building the website and the shyt that comes with it (the theme, seo, marketing, paid writers maybe)
domain name, which is less than 20 bucks
and server space. if you use blue host you can get a very good server with lots of bandwidth for less than 25 a month.
And thats virtually it. once you get up to about 5k unique visits a month, you can set up ads and start seeing a return on your investment. how do i know? because thats exactly what im doing now.
GlobalGoodGroup.com is the site
Globalgoodgroup.com Site Info
The alexa ranking is a little behind honestly but yea
If you wanna know more just let me now. im an open book. Also hit up a member by the name of Irish Pride. He is an absolute SEO genius and someone that i highly recommend when it comes to this internet game.
EDIT: The traffic and earnings i posted are a bit old, we are doing much better now.
Freestyle Phantom3.0
Habitual Line Stepper
student loans. got like 10k left
invest a shytload, and keep 5-7 k for myself
invest a shytload, and keep 5-7 k for myself
Young_and_Reckless
Is better than you...
Start a small business by using those funds as equity to take out a SBA loan. Then do something that doesn't require your full on attention like a carwash, soda machines, something self efficient. Right now rates are way too low to invest in CD's and the likes with that kind of money. You'd tie it up for far too long to not reap any real benefit.
Risk=Reward
Risk=Reward
put in all in facebook. it will eventually go back to $28-30.
I received some money when my stepdad died a couple years ago. I paid off some money I had borrowed from my family. Was able to pay for my honeymoon/wedding. I put down 10% on a house and and have $66k sitting in a mutual fund right now. I'm too afraid of me blowing through the money so I just gave it to my parents financial advisor and figure he'll do what's best for me.
Quarter of it keep it liquid.
Second quarter invest it safely.
Other half - pay off any SECURED debt only. Then put a nice down payment on a large house (even if its a fixer upper) in a growing city (preferrably a college town), pimp it out and rent it. Start an ONLINE business only. fukk thinking static, its 2012...its time to reach the WORLD.
Second quarter invest it safely.
Other half - pay off any SECURED debt only. Then put a nice down payment on a large house (even if its a fixer upper) in a growing city (preferrably a college town), pimp it out and rent it. Start an ONLINE business only. fukk thinking static, its 2012...its time to reach the WORLD.
Julius Skrrvin
I be winkin' through the scope
Maybe spend a small fraction on something i like(say, 1000$), save about 60%, invest the rest into a stock account.
ExodusNirvana
Change is inevitable...
Ball...the fukk...OUT
Fillerguy
Veteran
nah money just dont fall into my lap.
i hope you sniff half of that shyt and you trick the rest on some hoe who dont put out. 
Start an online business. straight up.
Your only costs will be:
building the website and the shyt that comes with it (the theme, seo, marketing, paid writers maybe)
domain name, which is less than 20 bucks
and server space. if you use blue host you can get a very good server with lots of bandwidth for less than 25 a month.
And thats virtually it. once you get up to about 5k unique visits a month, you can set up ads and start seeing a return on your investment. how do i know? because thats exactly what im doing now.
GlobalGoodGroup.com is the site
Globalgoodgroup.com Site Info
The alexa ranking is a little behind honestly but yea
If you wanna know more just let me now. im an open book. Also hit up a member by the name of Irish Pride. He is an absolute SEO genius and someone that i highly recommend when it comes to this internet game.
EDIT: The traffic and earnings i posted are a bit old, we are doing much better now.
No Bullshyt?
PewPew
I came from nothing
nikkasout here.
Props im bout to look into it
If your not a home owner, this would be the first thing Id say