[thepretender31]

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 :)

[andrewcocke]

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.

[Thomas1970]

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

[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.

[Fr_Chuck]

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

[DanPatrick10]

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

[DamenATDMB]

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.

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.

[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!

[DamenATDMB]

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!

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.