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  1. #1
    Ryank1331 is offline Junior Member
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    what can I do with 2 grand

    I was wondering if anyone could give me some insight on the best way to invest 2 grand. I know its not much, but there has to be something I can do. Please respond.

  2. #2
    Aletheides's Avatar
    Aletheides is offline YE Veteran
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    What kind of talents do you have???
    If you want to be rich, sell products and services.
    If you want to be insanely rich, create and control markets.
    I must create a system or be enslaved by another mans; I will not reason and compare: my business is to create.
    Read The Richest Man in Babylon - first published in 1926, timeless wealth-building principles.

  3. #3
    akula's Avatar
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    the answer normally comes as a process of deduction

    first - you choose an asset class (i.e. listed equity, private equity, debt, derivatives etc)

    then, if private equity seems like a good fit with your financial objectives, you find a sector preference (i.e. the kind of ventures you like to do)

    in this instance, personal experience/talent is very important, because unless you have a background in pharmaceuticals, or after market auto - opportunities in these places will be irrelevant to you
    Last edited by akula; 10-22-2006 at 01:45 AM.

  4. #4
    MarcL is offline Senior Member
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    Visit my website http://www.mackula.com
    and read the guides on business...
    Marc

  5. #5
    ivan67 is offline Junior Member
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    turn your 2 grand to 20 grand in a year by........

    being a obon distributor, check it out at this site www.obon.us , be proud on what you are selling !

  6. #6
    England forever's Avatar
    England forever is offline Senior Member
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    what can I do with 2 grand

    Easy......Give it to me

  7. #7
    The Stealthy One is offline YE Veteran
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    Quote Originally Posted by Ryank1331
    I was wondering if anyone could give me some insight on the best way to invest 2 grand. I know its not much, but there has to be something I can do. Please respond.
    Are you looking to make a passive investment (such as stocks or bonds) where you do not have to be involved in the investment? Or are you looking to invest into building a business?

  8. #8
    akula's Avatar
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    roulette

    it's actually a lot better than a startup or buying shares

    a) you know the odds of success/failure (with business, you don't)
    b) you know how much you can win (with business you don't)
    c) you know the maximum of how much you can lose (with business you don't)
    and d) the game is quick - so the rate of expected return is much higher because it's not diluted by time value of money. plus, no risk of dragging your self in a 5 year startup nightmare scenario (very common)

    blackjack's good too

    or sports betting - even better because you also get the cheer leaders :-)

    p.s.

    roulette is..

    e) easy to learn (business learning takes longer)
    f) limited competition you chance of wining is the same as the next guy (not so in business)
    g) high capital intensity (with business admin/set up costs eat up cash)
    h) low people commitment (no pesky partners to worry about)
    Last edited by akula; 10-24-2006 at 12:52 PM.

  9. #9
    The Stealthy One is offline YE Veteran
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    ...hmmmm, never thought of it that way.

  10. #10
    Ngoledge is offline Junior Member
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    =) akula, i really like your comment =)
    Money doesn't determine what you can do, its what your willing to do for money..
    Subways started with 1G, domino $500 and not to mention Bill Gates (almost nothing) and if you guys have heard of dicksmith (australian dude) with nothing.

    GL.. i started with 2 cents LOL.. actually i borrowed $5G and lost it all in a really crappy business too ashamed to mention it. Then picked myself up and started a new business with a $5G debt and now making close to 100K a year , this was only 3 years ago..

  11. #11
    Ryank1331 is offline Junior Member
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    Akula

    I understand what you are trying to say, but I really dont appreciate that comment. Maybe something more serious would be better?

  12. #12
    akula's Avatar
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    Quote Originally Posted by Ryank1331
    I understand what you are trying to say, but I really dont appreciate that comment. Maybe something more serious would be better?
    that's unfortunate. let me do better

    as a financial planner, taking into account your time/commitment objectives (short, low) and amount of risk capital (insufficient for property/private equity deals), I've given you 8 perfectly valid reasons for why roulette is a good fit with your financial objectives.

    the next option down is trading derivatives, which is not much different

    if you want a different suggestion, the onus is on you to change your objectives

    i.e. have a longer time horizon (5 years +), increase your capital commitment to access other asset classes (private equity/property/art/commodities etc...)

    if you do that, and identify that (for example) starting a company is a good option, then we come back to my first post and you (again) have to state your sector preference

    mine is web-based enterprise software. telling you about opportunities in this space is irrelevant - because I don't know your sector preference, and opportunities outside of your preference are not good for you

    to move forward: state your financial objectives, identify your preferred asset class and sector preference, or you will continue to receive general (as opposed to specialist) advise (the difference being is that specialist advice takes into account personal information about you, such as your sector preference and hurdle rate)

    i can't give you good (specialist) advice if I don't know anything about you
    Last edited by akula; 10-24-2006 at 01:27 PM.

  13. #13
    divinemind is offline Junior Member
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    Invest In Yourself!

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  14. #14
    akula's Avatar
    akula is offline Moderator
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    Ryank1331, see? what divinemind is talking about is an example of a short term, low risk, high reward investment.

    basically, that's an MLM get rich quick scheme, because short term, high reward, low risk investments are prohibited by CAPM (i.e. they are impossible), unless you're talking about arbitrage.

    other than roulette, you can invest your self in these MLM things because they fit your objectives of instant wealth with no effort
    Last edited by akula; 10-24-2006 at 11:34 PM.

  15. #15
    akula's Avatar
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    Quote Originally Posted by divinemind
    Educate yourself on how your money works...Investing, Forex, Becoming an Entrepreneur, Real Estate, Negotiation Skill..the list goes on... Emerald Passport offers an amazing wealth & self development course...We offer an opportunity to work with some of the most successful online entrepreneurs and cash in on the fastest growing trend of the decade..Online Education...Check out short online movie on this industry and how you could triple your two grand in a few short weeks...two grand can go a long way...

    www.yourwealthandself.com

    Passport to Prosperity-Wealth & Self Development www.productwow.com
    divinemind, when describing investments, start by identifying the asset class (i.e. mlm small business, employed as commissioned salesman), then don't say things like "you could triple your two grand in a few short weeks".

    i'm on this board trusting you to be smart, but you say stupid things

    risks always have to disclosed

    and you don't disclose risks

    it's outrageous

    please, don't comment on things you don't know, or understand
    Last edited by akula; 10-24-2006 at 11:36 PM.

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