$20,000 capital. What to do?

Discussion in 'Making Money' started by escobart, Mar 8, 2018.

  1. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    I think most of them don't want to make bigger twats of themselves than they already have.

    Most of them are purposely getting themselves banned or changing their usernames to try and bury their embarrassment. True story!
     
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  2. TheAlmightyDada

    TheAlmightyDada Jr. VIP Jr. VIP

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  3. CenTex Hosting

    CenTex Hosting Jr. VIP Jr. VIP

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    I would say stick with things that interest you and that you like doing. Don't just go off into something because other people are making money at it. If you do that then you won't be around long enough to make the money. Stick to things that you have a passion about.
     
  4. Jklmno

    Jklmno Regular Member

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    OP, Let me tell you about my money-making project right now. It is not hard and anyone in BHW can do that.

    Wholesaling. Heck, you don’t actually need to buy wholesale, you can just buy in small quantity

    Let me tell you a fact of retailing. There is a very big difference between online price and retail price. Why? Because in offline retail, they need to pay employee, property and utility fee. Whereas online, things is so much more efficient. But still 90% and more transaction occur in offline world (just 1% transaction in my country is done online). Why? Because people still afraid of scam online. Also they want to see(with their own eyes, not camera), touch and smell products before buying and they are willing to pay premium price. Also equally important reason is there are too much info and products online. They get confused at which product they want. So, OP, you can try to see what the people near you usually buy which you can source much cheaper online. It can be clothes, bags, detergent, light. Try to buy them in small quantity first and offer to acquintances. I have been doing that at 50% markup of Cost of Goods Sold or 33.33% profit of final price. And my customers are very happy. Many of them become repeat buyers. And it is very easily scaleable. I am now offering even more product and looking for even more customers. And word of mouth is helping me very much
     
  5. janeeth20

    janeeth20 Junior Member

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    you are the most retarded person here. i am an investor in crypto although i admit i hate those "gurus" as well. and yeah, i know what you mean.crypto is losing value so they all get silent bla bla bla but your advise is pure bs.

    you cant seriously compare crypto and buying properties. you can start with just few hundreds of dollars in crypto while you cant make sh*t in property business if you dont have a lot of money. do you genuinely think you can buy a good house with just $20K? for real? you tell someone to invest in properties while you dont even know how much a good house cost. in my country (where it's much cheaper than most first world countries) you cant even buy a good house for $20K and expect it to be rented every day forever.

    i have a house where my family bought for $100K (and this is many years ago) and sometimes we still can't find someone who want to rent it every year. my friend owns a good apartment in good location and he rented it too via airbnb but he's finally stopped because his competitions (aka neighbors) all competing to the bottom. keep in mind you have to keep your house clean, etc. in order for people to keep coming. it's not passive income. you have "jobs" to do

    property business is good but it's not that simple as competition builds up from time to time. you cant do sh*t with $20K in properties and certainly you cant make a living out of it. i wont advise anyone with $20K to buy properties and rent it. people will prefer to stay in your competition's house. believe me. you need "medium-priced" house in order to be able to attract people to rent it. very cheap house in a middle of nowhere won't attract anyone

    unless you have $150K, dont buy properties
     
    Last edited: Mar 9, 2018
  6. se900se

    se900se Jr. VIP Jr. VIP

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    If the adsense is the only network you work with - your profit is limited.
    I would not go towards CPA unless you sure you're squeezing maximum and won't be able to do anything else.
     
  7. MikeyMikey13

    MikeyMikey13 BANNED BANNED

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    you got him good sir, how stupid do these people think we are?
    don't chat shit about markets you don't understand, stick to digital monopoly money.

    You can invest in plenty of group buy schemes, you could even team up with friends to rent. and cheap properties are in much demand!! students, first time rents, single parents!! We've got a worldwide hosing crisis because of how fast our population is growing.

    Just because your original home isn't making you any money because you didn't think long term, doesn't mean no one else will.
     
  8. escobart

    escobart Regular Member

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    Yup. Dramatically changed mate. What a week
     

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  9. qubertisonpoint

    qubertisonpoint BANNED BANNED

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    I second what @BeastMoney said!
     
  10. bp1291

    bp1291 Registered Member

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    Okay, perfect. I will probably upgrade to Jr vip then, so I can get as many papal monkeys as possible. I heard the conversion rate of each monkey is incredible.

     
  11. W9go

    W9go Jr. VIP Jr. VIP

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    i have a secret tipp .. you make 100% in 2 weeks ...... kidding.

    save your money and start a company as you ar thinking about.
     
  12. Picokland

    Picokland Newbie

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    vip is a waste of money
     
  13. krishnaverma

    krishnaverma Jr. VIP Jr. VIP

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    You know this as a newbie ?
     
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  14. Vodaa Citaa

    Vodaa Citaa Jr. VIP Jr. VIP

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    I don’t even think he is comparing, get your sh*t right