[Young Spark]

^^^ Hmmmmmmmmmmmmmmmmmmmm, wonder if we have on around in Maryland

[MIKE63]

Originally Posted by mdogg3

Hello I am 19 years old and I am a management science major at UCSD. I am currently doing an internhip and saving money. By the end of the summer I should have anywhere from 10-15k. My question is what should I do with it? I dont want to put it in an account and just slowly make interest on it. Because even with a 10% rate ill only make about 1500 a year. What should I do with it? I was thinking about buying cars from auctions and reselling. Is this a good idea? Any other suggestions? Feel free to answer here or through PM. Any help is appreciated thanks!

-Matt

I beleive the best and quickest way to grow that money is to start a business on campus or near campus. I beleive college campuses are the best places in the world to start a business. Think of something that college students want and is not available and capitalize on it. You even have the luxury of going to one of your business class Professors and pitching the idea of making it a class project. That way you will have an entire class of students coming up with ideas about what they would like to buy, which will give you hundreds of ideas. The class students can also be used as your workforce for a grade. This way your business is growing while you are getting your degree. The income potential is endless with all those minds at work. (Keep that money moving instead of letting it sit)

There are several ways that you could do this. Hope I gave you some ideas.

[pacificfame]

No starting a business is the riskiest thing to do. He wants quick gains, starting a business isn't going to get him anything quick. What is like 9 out of 10 business fail in the first year.

[MIKE63]

Originally Posted by mdogg3

Hello I am 19 years old and I am a management science major at UCSD. I am currently doing an internhip and saving money. By the end of the summer I should have anywhere from 10-15k. My question is what should I do with it? I dont want to put it in an account and just slowly make interest on it. Because even with a 10% rate ill only make about 1500 a year. What should I do with it? I was thinking about buying cars from auctions and reselling. Is this a good idea? Any other suggestions? Feel free to answer here or through PM. Any help is appreciated thanks!

-Matt

Matt are you interested in a quick return or a steady return. Which is more important to you?

[pbradish]

First off, invest in your financial education. Buy a few books, download them, do what you need to do before you start taking the advice of strangers. However you decide to invest your money, know full well what you're getting into before you get into it.

[Young Spark]

I think we've saw some good words of advice and inspiration... we need Matt's input before we continue on with throwing more help. Like just in case Matt doesn't want to take upon a certain method of gaining a fast/high ROI on his money, he can say it, it'll be out the way and voila, that's clear.

[seaco]

Here's a great and new money making idea!!
Have you heard of the Law of Attraction, the basis for the movie "The Secret"? Well, it's awesome, and if you've seen it you know what I'm talking about.
Well, I came across an interview with the Founder of "The Science of Getting Rich" and the guy behind the movie, Mr Bob Proctor, and it truly is an insight into how the high end internet marketers are making money these days.
You can respond to a thousand ads telling you that you'll make $1000 a week (very few of which will ever deliver), but this is totally different....it's basically a two tiered system allowing you to make money by selling the product as well as getting a commission every time someone who you sell to, makes a sale!
Check out this free interview and decide for yourself - I'm NOT even going to ask for your email!!!
Check it out - if you don't you're going get what you've always got and still be wondering in 5 years time, if you DO, you're going be one of the lucky few!
Here's the interview:-
http://www.wisdomofgettingrich.com/r...rInterview.pdf

Cheers,
Sean Cowan
www.WisdomOfGettingRich.com

[Young Spark]

^^ Correct me if I'm wrong, but isn't their a connection between what you just said and affiliation. What your explaining is basically two tier affiliation I believe. How is that a new marketing idea?

[columbus]

Originally Posted by mdogg3

By the end of the summer I should have anywhere from 10-15k.

Forex 1% a day is real

[ltressel]

mdogg

i can show you a way to invest in real estate where you won't need to touch your $. I am in Los Angeles, if you want apprenticeship this summer. I will give you an education real estate investment seminars won't teach you.

If you are interested-PM me.

LT