Investing a million

[marly]

Let's delve into a fantasy, where I was able to earn a million. It's a really crazy fantasy or a nightmare in my case hahahaha. Joking aside, we all know there are people here that did it.

Investing a million, how would you do it? What in your opinion would be the best way to do it?

I think we are going to get some really good answers here as only really big guys money-wise, or deep-thinkers can answer this to satisfaction, so I'm literally on the edge of my seat.

 

[shiboshy]

Let's delve into a fantasy, where I was able to earn a million. It's a really crazy fantasy or a nightmare in my case hahahaha. Joking aside, we all know there are people here that did it.

Investing a million, how would you do it? What in your opinion would be the best way to do it?

I think we are going to get some really good answers here as only really big guys money-wise, or deep-thinkers can answer this to satisfaction, so I'm literally on the edge of my seat.

All goes to Bitcoin and that will pump it as well, or a coin that has potential. 1M would boost it, make some people jump in and once a decent amount jumps it, you dump and end up with 1M back and around 200,000 for your "hard-work".

 

[DE_GAME]

All goes to Bitcoin and that will pump it as well, or a coin that has potential. 1M would boost it, make some people jump in and once a decent amount jumps it, you dump and end up with 1M back and around 200,000 for your "hard-work".

1 million is peanut to pump bitcoin

 

[akaCube]

Find out, what you are best at. Invest in that. Simple as that imo.

 

[jamie3000]

Lock it away for a few years in a high interest investment and use the interest to play with some ideas. See what works. See what doesn't and why. Then do what works and what you enjoy.

 

[marly]

What investment sir?

Lock it away for a few years in a high interest investment and use the interest to play with some ideas. See what works. See what doesn't and why. Then do what works and what you enjoy.

 

[zaogord]

Open a financial business.
Give out loans of 10k avg to people looking for money at high interest rates.
If you are giving a businessman 10k USD, make it into daily payment of 100$ x 120days. You can choose weekly repayments too

Over a course of 120 days the 10k you invested will become 12k.
Similarly scale it for multiple businesses in your area.

Hire a trustable jobless guy to go out everyday, collect money from the businesses and get it back to you. Maintain digital or books as records. Or hire a Dev to make an app to track everybody's payments if they wish to make online transfers.

The main advantage of this is that the money keeps rotating and multiplying. You can use it for yourself when you want to, unlike other investments where once you invest it into something you can't use it anymore.

Once it's properly setup, all you gotta do is chill out with your family everyday and live life.

 

[yonizzle]

Open a financial business.
Give out loans of 10k avg to people looking for money at high interest rates.
If you are giving a businessman 10k USD, make it into daily payment of 100$ x 120days. You can choose weekly repayments too

Over a course of 120 days the 10k you invested will become 12k.
Similarly scale it for multiple businesses in your area.

Hire a trustable jobless guy to go out everyday, collect money from the businesses and get it back to you. Maintain digital or books as records. Or hire a Dev to make an app to track everybody's payments if they wish to make online transfers.

The main advantage of this is that the money keeps rotating and multiplying. You can use it for yourself when you want to, unlike other investments where once you invest it into something you can't use it anymore.

Once it's properly setup, all you gotta do is chill out with your family everyday and live life.

Best idea, target students. The number of those that need ones are insane. Make the payments low for each week. So they are thinking in the short run instead of the whole few years there going to be paying back.

 

[zaogord]

Best idea, target students. The number of those that need ones are insane. Make the payments low for each week. So they are thinking in the short run instead of the whole few years there going to be paying back.

Yes, but I don't have a million or even 100$ in my bank account rn.

I am that student that you guys are looking for. Invest on me and my ideas so I can be a millionaire and make you a billionaire

 

[TheVigilante]

Maybe try investing small chunks in the next big thing and hope that your investment turns 100x

 

[high mike]

Put that bitch into the S&P500 good to go

 

[akaCube]

Once it's properly setup, all you gotta do is chill out with your family everyday and live life.

That is the most crucial mistake here. I suspect, the downside of this kind of business is running after all the people with your money.
Wouldn't recommend that.

 

[zaogord]

That is the most crucial mistake here. I suspect, the downside of this kind of business is running after all the people with your money.
Wouldn't recommend that.

i dont understand what you are trying to convey here

 

[akaCube]

i dont understand what you are trying to convey here

Once you lend your money, you have to get it back. Just hiring a "trustable jobless guy" won't help with that. You might need a professional for that, who can get the needed money every time.
And thus you can't "chill out with your family everyday and live life" when you have trouble getting your money back.

 

[steroidjoe]

I would invest in a few adequate properties, then outsource to professionals for other business ventures. Flip businesses for more millions. Then establish a holding company.

 

[zaogord]

Once you lend your money, you have to get it back. Just hiring a "trustable jobless guy" won't help with that. You might need a professional for that, who can get the needed money every time.
And thus you can't "chill out with your family everyday and live life" when you have trouble getting your money back.

Trust me, it works out. I have connections with a local so-called millionaire of my area. He has around 10-15 people who go out every night to collect money from different businesses. Its about whom you give money to and on what basis. You probably know that no one gives out any loan without any proper documentation right? If a guy refuses to pay, the cops are only a call away. Although the chances of anyone doing so is very rare, since you dont give money to any tom dick or harry. you check out the business infrastructure, look at how long he's been in the business. How good is he known in the society and other variables which help you decide if you should give a loan to an individual or not.

There's risk everywhere, if you ain't taking risks you are not living life.

 

[akaCube]

Trust me, it works out. I have connections with a local so-called millionaire of my area. He has around 10-15 people who go out every night to collect money from different businesses. Its about whom you give money to and on what basis. You probably know that no one gives out any loan without any proper documentation right? If a guy refuses to pay, the cops are only a call away. Although the chances of anyone doing so is very rare, since you dont give money to any tom dick or harry. you check out the business infrastructure, look at how long he's been in the business. How good is he known in the society and other variables which help you decide if you should give a loan to an individual or not.

There's risk everywhere, if you ain't taking risks you are not living life.

I agree with the last part. If you consider the numbers you mentioned above, from the 20% gross profit, you have to do many things (all of the research) and pay a lot of people and then handle them all. Of course it depends on the person, but the remaining profit may not be worth the hassle. Nothing is as easy as it sounds.

 

[marly]

I've seen some decent replies so far.

 

[zaogord]

Nothing is as easy as it sounds.

That's right, nothing comes easy in this world.

 

[marly]

All goes to Bitcoin and that will pump it as well, or a coin that has potential. 1M would boost it, make some people jump in and once a decent amount jumps it, you dump and end up with 1M back and around 200,000 for your "hard-work".

Wouldn't it makes sense that, if you invest a lot in a less popular coin, the rates would go up that much by investing that kinda money that your profiting yourself instantly?

Just an idea.