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08-04-2007, 11:49 AM
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#1 (permalink)
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Junior Member
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15,000 to invest...but where?
So I came across $15,000 dollars but I want to strictly invest it. So the question is where? I'm looking for a quick turn around, and a great rate of return. Any suggestions? I'm looking more into clothing, maybe a online store, but with that nothing is guaranteed...or is it?
Need Suggestions!
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08-04-2007, 12:13 PM
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#2 (permalink)
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Senior Member
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Try and get some stock from a wholesale/supplier and sell it to make a profit. I can help with this - even do it all for you for a chunk of the profits. PM for more info!
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08-04-2007, 12:41 PM
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#3 (permalink)
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Senior Member
Location: Outside your house.... in the black van!
Total Points: 10,330.26
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Why don't you pick out a website from sitepoint.com
__________________
Regards, Chris Wickstead 
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08-04-2007, 12:48 PM
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#4 (permalink)
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Senior Member
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Several ideas comes to mind, but first, how much risk are you willing to take?
Brian
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08-04-2007, 03:37 PM
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#5 (permalink)
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Senior Member
Location: Southwest suburbs of Chicago
Total Points: 3,489.36
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What kind of return are you thinking about? 10%? 20%?
Do you prefer an active or passive investment role?
-dr
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08-04-2007, 04:06 PM
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#6 (permalink)
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Junior Member
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Well...
20 percent return would be nice, but what kind of business would return such an amount? I've been thinking about passive and active, either would be fine (i rather be hands on.) Sitepoint.com looks good but how long would it take to turn a profit? My goal is $50,000 profit in 8-10 months, but that might be too generous an amount to plan for. I'd rather take a calculated risk then a high, this-might-not-work risk. Any ideas?
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08-04-2007, 05:36 PM
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#7 (permalink)
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Junior Member
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I know great ways to make a return on your money but there is always a level of risk in investing. Personally I think that this is what makes it fun.
Making 50K out of 15K in 8 to 10 months is quite a lot of money and I think you might have to take a lot of risks to get there.
However I heard of a few real estate deals that can produce some cash. Let me know if you want to know more about that.
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08-04-2007, 05:45 PM
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#8 (permalink)
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Junior Member
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Real Estate has always interested me, but wouldn't I need more money to start with? With that being, I would still like more information.
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08-05-2007, 01:11 PM
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#9 (permalink)
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Junior Member
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I'm sorry , but unless you invest that $15,000 in cocaine, there is a slim chance you will get $50k in 8 months. As it was stated earlier, look on sitepoint.com, there are tons of great sites available just in your price range that are and will continue to make money.
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08-05-2007, 03:59 PM
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#10 (permalink)
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Senior Member
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I have thoroughly researched investing in real estate in the area surrounding my University (Temple Uni) in Philadelphia, PA.
I calculated that for down payment, incorporation, repairs, etc. I would only need 10k
If you have 15k, go buy some rundown place in an up and coming area. Make sure its the ugliest house on the block - not the nicest. Thats how you make money. Also, I wasn't planning on flipping. Just restoring and live-in and renting.
There is alot of math to work out like renters required to breakeven and whatnot but when you are investing around colleges their is always renters if you can deal with alittle extra maintenance.
Seriously, if I had 15k I'd be buying houses that I can rent out for a long period of time and sell MANY years later.
I recommend you read "Automatic Millionaire: Homeowner" by David Bach
my opinion, I would not be investing in websites.
Last edited by mbolton2181 : 08-05-2007 at 04:00 PM.
Reason: spellig
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08-10-2007, 06:38 AM
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#11 (permalink)
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YE Veteran
Location: Malaysia
Total Points: 2,181.13
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email me at syiasweetcorn@gmail.com if you are interested 
__________________
'A dream not fight will haunt you forever'
Need PRODUCTS to sell??..just PM me 
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