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.
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.
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.
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.
--------------------------------------
Add Daniel Nerezov on Facebook
Daily RSS Reading List and Rankings New
My Blogroll | My Bookmarks | My Linkedin/Resume
Visit my website http://www.mackula.com
and read the guides on business...
Marc
being a obon distributor, check it out at this site www.obon.us , be proud on what you are selling !
what can I do with 2 grand
Easy......Give it to me
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?Originally Posted by Ryank1331
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.
--------------------------------------
Add Daniel Nerezov on Facebook
Daily RSS Reading List and Rankings New
My Blogroll | My Bookmarks | My Linkedin/Resume
...hmmmm, never thought of it that way.![]()
=) 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..
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 betterOriginally Posted by Ryank1331
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.
--------------------------------------
Add Daniel Nerezov on Facebook
Daily RSS Reading List and Rankings New
My Blogroll | My Bookmarks | My Linkedin/Resume
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 - I work with a handful of carefully selected online business models...some of the most lucrative and easy-to-execute businesses on the internet today.. Lets find the right opportunity for your needs..No money to get started? Contact me today for your personal wealth plan - - e3livestacey@hotmail.com
Advertise your business for free...Network to thousands of online entrepreneurs..Set up your business profile today..
www.directmatches.com/divinemind
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.
--------------------------------------
Add Daniel Nerezov on Facebook
Daily RSS Reading List and Rankings New
My Blogroll | My Bookmarks | My Linkedin/Resume
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".Originally Posted by divinemind
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.
--------------------------------------
Add Daniel Nerezov on Facebook
Daily RSS Reading List and Rankings New
My Blogroll | My Bookmarks | My Linkedin/Resume
Featured on:
Copyright © 2011 Entrepreneur Media, Inc. All rights reserved.
Disclosure: You should assume that the owner of this website is an affiliate for providers of goods and services mentioned on this website and in the videos. The owner may be compensated when you purchase from a provider. Perform due diligence before purchasing from this or any other website.