Ok lets roll some ideas, what would you do if you have $50,000?
What will you invest in?
Let me know your brainic ideas but keep it away from pubs and stocks :)

I have been in this situation before, (actually, $53,000), I purchased a small house in Pulaski Virginia with it. Live here to this day.

My future, by paying off my credit cards. Not quite sure after that. :)

I would make the smallest down payment that I could on as many rental houses as it would cover. In the right market you could turn the actual $50,000 into ten times that on paper. With a very good income from the rentals.
Look for people getting divorced, people settling estates and people being transferred.
I know this will work it has for me. But now I am in the process of getting rid of some of my property, time to retire.

I would get my churches coffee house up and running to work with youth and younger adult music ministry

Buy a lot of camera and video equipment, hire a bunch of models, then begin my very own playboy industry.

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Originally Posted by letmetellu

I would make the smallest down payment that I could on as many rental houses as it would cover. In the right market you could turn the actual $50,000 into ten times that on paper. With a very good income from the rentals.
Look for people getting divorced, people settling estates and people being transferred.
I know this will work it has for me. But now I am in the process of getting rid of some of my property, time to retire.

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X2 on this. If you want to learn about it read "Creating Wealth" by Robert Allen. Its an older book but the logic still applies.


As a side note, I just received a $20g payout and I am trying something new. The book is "Covered Calls and Leaps" and methods are also taught at compoundstockearnings.com It's one of those things that sounds too good to be true so I will read the book, paper trade, and if all goes well, trade with real money. In the mean time, a bank here in AZ has just offered a 6% APR checking account with no fees so I will park the money there until its time to make a move. Stock market is too shaky. The government denies that we are in (or are entering) a recession. All the conservative radio show hosts are seem to believe we are in a recession and if things are not thought out well by our government we could enter a period of stagflation like in the Nixon era. If I really believed these guys I would short all the major indices and watch the money roll in. However, I am not the doom and gloom type so 6% in a checking account seems like a pretty solid idea at this time.

Actually I have $500,000 I want to invest and make at least 2 or 3 times in less than 1 year
If anyone get me an idea I can give good %

Anything other than porno, gambling or drinking related!

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Originally Posted by thepretender31

actually i have $500,000 i want to invest and make at least 2 or 3 times in less than 1 year
if anyone get me an idea i can give good %

anything other than porno, gambling or drinking related!

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That sort of return is unlikely. I'd say flipping houses is out of the picture at this point. Check out the "Covered Calls and Leaps" I told you about. They promise 2-6% PER MONTH. That's a lot anually. I would paper trade first though.