1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

How much to save up and when to invest?

Discussion in 'BlackHat Lounge' started by xpro, Dec 30, 2009.

  1. xpro

    xpro Regular Member

    Joined:
    Jan 21, 2009
    Messages:
    416
    Likes Received:
    16
    Hello

    I'm always worried about not making money in life, so I'm trying to save up and invest it some how so I get income with high security, something that I know will work for years. I'm saving up money using black hat methods to invest them in something stable. I was thinking buying apartments and renting them to others, how does that sound? I'd love to hear your thoughts about how much someone needs to save up before they start investing it. Also tell me what you think is the best investments having very stable income.

    Best Regards!
     
  2. khirad

    khirad BANNED BANNED

    Joined:
    Nov 10, 2009
    Messages:
    643
    Likes Received:
    181
    If u r earning in BlacKHat And u know u can get more from it why dont u invest more in it ?
    RealState is not a bad choice but u should know Pretty much about it to invest in it
    and in my definition one who knows real state is
    Either an experienced investor ( with 10+ yrs exp )
    Or A real state agent itself

    if u r none of these dont invest in Real state
     
  3. xpro

    xpro Regular Member

    Joined:
    Jan 21, 2009
    Messages:
    416
    Likes Received:
    16
    Blackhat is good money, but sometimes it can be very unstable. You can go from $500 a day to $0 in just 1 day. Thats what what worries me.
     
  4. Moto801

    Moto801 Senior Member

    Joined:
    Apr 25, 2009
    Messages:
    849
    Likes Received:
    413
    Location:
    Far away
    Why not invest into some profitable white hat sites?

    Like purchase a site that is already making like 5k per month...
     
  5. xpro

    xpro Regular Member

    Joined:
    Jan 21, 2009
    Messages:
    416
    Likes Received:
    16
    I've tried to invest in whitehat before, and I found that it can also be unstable as well. From what I have tried blackhat has been more stable than whitehat. So I'm searching something in offline that can easily generate income, but it would need some money as an investment first, any of you guys have experience buying houses/apartments and renting them out to others? so lets say I save up $200K and I buy 2 apartments with it and I rent out each one at about $800 a month minus all the monthly costs I would keep about $600. And in terms of growing it, I would buy more places to rent out. How does that sound?