Same here in Belgium! But usually banks who does this. Means that the banking system would be close to collapse. It's never good to keep money in banks when they;'re giving huge %Here in India, fixed deposits with big banks pay 6.5% per annum as interest.
I would create one with them.
Since I am quite risk averse.
Borrowing money means you have to pay it back though? Ponzi scheme much?Open 2 secured credit cards for 5k each
Spend 1-2k in tradelines to get access to a few credit lines of 20k . Once my credit report updates . Go apply for high limit cards with major banks , online lenders and dept stores..
Potentially you can have access to 20 grand or more using 7k in 30 days or less.
Next level
If your credit is good . Start a business and get yourself a no doc loan , name yourself as a personal guarantee and get at least 50 grand with a new business.
Boom turned that into 70k in less than 2 months.
Buy BTC and hold for 10 years. If you are traditional, buy a building and rent it.Let's say for example.
A relative dies (god forbid) and leaves you $30.000
All cash no tax.
You're still in a 9-5 making okay money, not having much expenses (less then 600 a month.).
How would YOU use the $30.000 to start creating wealth.
Would you invest? Would you start a certain business? Would you test a shit ton of stuff? Buy real estate? Just place it aside?
I'm interested in hearing peoples opinions on how they make money and the diversification of ideas on this forum.
Thnx for anyone who responds.
Vague.Perhaps you could invest the money in learning a new skill, starting a small business, or building a passive income stream.
What real estate can you afford with 30k?I will invest the money like this; (1) real estate (2) stocks (3) crypto (4) forex
A lot in third world countries.What real estate can you afford with 30k?