I have $5k what should i do?

[MoneyMakingMadness]

Hey guys, i have $5k in the bank

But i dont know what to do with it

Any ideas?

[zoobie]

Business. Invest your money. In what kind of business would you be interested? Or would you be good at?

Consider your $5k too. Good luck.

[The Stealthy One]

What are your interests?

[kura69]

send it to me via paypal

[rekid]

Hey,


I would recommend finding a high-end info-product on entrepreneurship or marketing or that supplies you with information thats turnkey. Like screwdrivers, you can use them in different situations right? You should be able to apply that information in a variety of businesses and all industries. You MUST APPLY the information. Bill Gates could be one of the regular people today if he sat with his vision in his head and didn't do anything, hoping someday it would come true. I recommend high end products because they lay it all out for you, value for money. Applying and using a course of $1000 should break the bank BIG for anyone who doesn't take no for an answer.

Just a thought. Maybe ur sick of working hard, but if you're applying information thats geared through leverage and meant to be less work for ultra max profits then, to me thats worth it. But hey thats just my opinion.

[sweepy]

send it to me via paypal

haha nice one!

[MoneyMakingMadness]

Yeah I think kura69's reply was probably the most helpfull

[ideas2earn]

$5K seems like a lot of money to you right now, but it could grow into a lot more. Why not buy something like an endowment policy now when you are young, and then when you are ready to buy a house you can use the Endowment as security and get a better deal.

You could gamble your $5K on half assed ideas but the truth is, if you are very entrepreneourial you can start from nothing and make a successful business. If you aren't you could quickly lose your $5K.

If you want to be a bit more interesting then invest it say 50:50 in mutual funds and bonds. Stay away from US equity right now as it is quite uncertain what will happen (similar to US housing) but an international fund, or US bonds would be good investments and give you an interest in terms of studying the funds, the underlying markets etc. Have a look at China, Thailand and Malaysia for example.

Whatever you decide to do, be smart and minimise your downside.

[jboydni]

Become a real estate wholesaler and use $5,000 on learning, marketing and living costs!

Thats what I'm planning on doing and Im going to document my journey to help others that are as clueless as me: http://www.jboydni.com.

The only differnce is I'll be starting off with £49!

[blakelange]

Depending on age, if you are young, I recommend putting it in a Roth IRA.

www.millenniatechnologies.com

[DrMoney]

lend it to me through prosper.com at 14% and make some great ROI!!! if interested email me or pm me.


I am looking for cash to invest in my company- we will see GREAT returns.

[chanson]

invest it in some mutual fundsor GIC's and let it grow. It will be htier when you find something you wanna use it for.

[Bestmiler]

lend it to me through prosper.com at 14% and make some great ROI!!! if interested email me or pm me.


I am looking for cash to invest in my company- we will see GREAT returns.

whats your company about?

[dosrotties]

You guys might be a little young for this but then again you might teach me a thing or two. Real estate is the easiest way for an investor to lend money. To get a biz loan or financing you will need good credit a great biz plan and a resume to show your experience.

Our current CFO Worked for microsoft and seems to have finacial conections.
managed some of Bill's money.

If you've got that million dollar idea. he might be able to help, though he prefers real estate deals.

[WhoYoDaddy]

I know some guys doing a record label....all have a long history in the music business

if your interested in investing in their label...pm me