20,000 USD saved. What would you do with it?

[cplay]

20,000 USD saved.

What would you do with it and why?

 

[bartosimpsonio]

Buy a profitable website.

 

[Paranoid Android]

cocaine and hookers my friend.

 

[agetmant]

Reminds me of last year's crypto bullrun in december..I had invested abouts ~$500 and at the peak it was $23,000. Know what I did? Absolutely nothing because I hoped it was going go even higher.. Took out a few grand on the down spiral but now it sits at $900..

Anyway, if you're looking to invest all of it, flipping websites is one way to go about it

 

[cerebration]

Learn a high-income skill. Spend the money while doing that so I can focus my whole energy on that.

Start an online business, maybe two. Once automated, keep investing in other businesses. If you run out of free time or ideas, tossing them in a well-researched fund is an option too.

 

[cplay]

Buy a profitable website.

Issue is, there are so many ways for someone to help their website appear profitable.

What things do you check for before buying websites?

cocaine and hookers my friend.

Haha, i knew there would be at least one person who suggested this!

Now... If you just added "sell" to the start of your sentence that would be a lot more profitable

Reminds me of last year's crypto bullrun in december..I had invested abouts ~$500 and at the peak it was $23,000. Know what I did? Absolutely nothing because I hoped it was going go even higher.. Took out a few grand on the down spiral but now it sits at $900..

Anyway, if you're looking to invest all of it, flipping websites is one way to go about it

That's bad luck bud.

What crypto are invested in currently?

Any risers recently?

 

[BobJustBob]

20,000 USD saved.

What would you do with it and why?

Trading bitcoin is an option. You can try it with buying 0,1 bitcoin and see if you have the skills.
Also buying a solid domain name is a good investment.

 

[spotifyplays]

Start an online business. This way you can make a highly profitable business, with low start up. You will end up sitting on most of that 20k, and that's what I would recommend. Do not invest it all.

 

[cplay]

Learn a high-income skill. Spend the money while doing that so I can focus my whole energy on that.

Start an online business, maybe two. Once automated, keep investing in other businesses. If you run out of free time or ideas, tossing them in a well-researched fund is an option too.

Issue with funds is that the returns are so meagre. Unless you could loan your money out every month, get over 5% interest every month then its a slow, slow earner compared to a well oiled business.

"high income skill". such as ai coding, orm? What would you classify as a high income skill?

 

[kraski44]

Invest in an affiliate business for sure. Something that can generate the money back.

 

[seocrab]

Do you only have money, or also some skills? If you don't know what to look for in a profitable website, don't buy one. You should learn more or find a partner you trust who has the knowledge but needs money.

 

[cplay]

Trading bitcoin is an option. You can try it with buying 0,1 bitcoin and see if you have the skills.
Also buying a solid domain name is a good investment.

Any crypto risers currently?

With domains, my main concern is how to value a domain, and also how accurately ascertain how profitable the site is.
Any guider?

 

[cplay]

Do you only have money, or also some skills? If you don't know what to look for in a profitable website, don't buy one. You should learn more or find a partner you trust who has the knowledge but needs money.

Background in SEO, SMM and have the money saved also.

Was looking for something to really dig my teeth into with potential for scaling?

Any verticals you'd recommend?

ORM strikes me as something that when done well can be highly profitable.

 

[BobJustBob]

Any crypto risers currently?

With domains, my main concern is how to value a domain, and also how accurately ascertain how profitable the site is.
Any guider?

Dont risk your money tryin to find "the next bitcoin". Just selling and buying daily bitcoins will make you earn $.

When it comes to domain investment it is really my thing. I can help you out if you really into it. I have some free time lately. Think me as a free consult.

 

[Kaittllyn]

Invest in a website - selling things for example and affiliate marketing.

 

[BobJustBob]

Background in SEO, SMM and have the money saved also.

Was looking for something to really dig my teeth into with potential for scaling?

Any verticals you'd recommend?

ORM strikes me as something that when done well can be highly profitable.

SMM is good to go actually, i just got a killer domain and planning to start a new panel with it. How long have you got experience in the field?

 

[Mediawiz]

Now... If you just added "sell" to the start of your sentence that would be a lot more profitable

You give yourself the answer where to invest

But as said more: Profitable websites. Instead of buying an existing one you can also take a part of your savings and let someone build 2 or 3 quality websites in niches you like and invest in some SEO work and stuff. If done right it will make money eventually. How much and fast depends off course on different factors and the quality.

 

[fifty875]

invest in an offline business in a niche that you like

 

[MrAnta997]

Don't go all in, whatever you end up doing.. And if you can test thing with portion of that money then go ahead, but don't just jump in.. xD You could actually leave $5k aside and start learning how to trade.. But start small, no more then $500 for the first few months.. In the meantime, flip websites, if you're in the usa, maybe review yt channel (tools are nice niche), gear will cost you $2-3k and the rest is good marketing and your ideas..
It would be best for you if you could split those savings and invest in few businesses..

 

[Maverick1111]

Go to Las Vegas and enjoy because you put a lot of effort into savings.