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How to invest 30-40k

Discussion in 'Making Money' started by Moneys, Mar 26, 2017.

  1. Moneys

    Moneys Newbie

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    Hi guys

    How would you invest 30'000-40'000 $ ?
    I was thinking to enter the stock market business but i'm a total noob.

    What would you do?

    Thanks
     
  2. Neon

    Neon Jr. VIP Jr. VIP

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    I would buy a Banjo.

    [​IMG]
     
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  3. Moneys

    Moneys Newbie

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    That's a good idea. What else? (It's a serious question)
     
  4. mickyfu

    mickyfu Jr. VIP Jr. VIP

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    Maybe a drum? And you can become one of those one man bands.
     
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  5. Moneys

    Moneys Newbie

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    I will try that method and scale up with a flute if it works well. Thank you.

    Now, what would other people do with that money to make more money?
     
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  6. MusicMedia88

    MusicMedia88 Junior Member

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    Don't invest in any of the amazing offers that are undoubtedly being PM'd to you right now. There, I just saved you $30-$40k.

    If you're going the music route, buy a ton of Soundcloud plays for $5 and maybe a big label will sign you.

    Stock market isn't bad. You don't need $30,000 to get started. Start with a few hundred and invest in a company you're familiar with. Wait a few weeks and see if the profits work for you.
     
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  7. AngelW

    AngelW Registered Member

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    You don't invest 30k in something that you don't know or don't have any experience in, that's just gambling. Stock markets can be extremely profitable if you know what you are doing, start small and get comfortable with it and then scale it up.
     
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  8. uncutu

    uncutu Supreme Member

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    to save you time the answer is nothing. you need to come up with it yourself. invest in your education. this thread pop ups here every week with same nonsense replies.
    you cant drop 10k into something you know nothing about thinking its going to make you a big roi. take time to learn something and if you like it you have your answer as to what to dump money in.
     
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  9. ferg2

    ferg2 Registered Member

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    I doubt you even $1 to invest.
     
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  10. MisterF

    MisterF Jr. VIP Jr. VIP

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    All boils down to is this money you can afford to lose ?

    If it is, then speculate on the markets (Ideally using a good, solid broker).

    If not, then put half into a savings bank account, use a quarter for higher risk investment and with the final quarter, invest in a good website and build a solid seo base.

    Final option; Down payment on a property to rent it out.
     
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  11. Moneys

    Moneys Newbie

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    Hello MisterF

    Thank you. What do you mean with investing in a good website and build a solid seo base?
    Creating a website for myself and promote something?


    Thanks for your post. I will look into it

    Has anyone ever tried binary options? High risk, good money.
     
  12. uncutu

    uncutu Supreme Member

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    BO is high risk high reward but no legit brokers [that i've seen] take USA customers. Guessing you're not in USA though from how you write your numbers.
    Plenty of scam brokers around in that world so do your due diligence when joining a site. Trading is easy as pie and many people sell signals. It's not often discussed here because this is internet marketing forum, not financial trading forum. Be careful I've read more stories of people going broke than getting rich.
     
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  13. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Jr. VIP

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  14. Moneys

    Moneys Newbie

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    That does not have anything to do with this thread. I have exceeded my goal but i forgot to post on the journey.

    Anyway, I don't need to lie about my "monopoly" money. I just wanted to hear a few opinions from different people.


    Thanks for your advice. I'll surely try BO one day.
     
  15. BirdyHere

    BirdyHere Newbie

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    What I would do is read the top books I could find on investing- from such key players like Warren Buffet... And invest in what you know most about because people tend to invest in this or that. They hear there's a lot of money, but there's also a lot of money to be found in every market.
     
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  16. darulez

    darulez Jr. VIP Jr. VIP

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  17. Aehs01

    Aehs01 Jr. VIP Jr. VIP

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    I am pretty happy with the fact that I bought a house with a 3.5k downpayment and it's worth at least 80k more now. Might be something to consider. I'm now saving my money to pay off my house entirely so I can live without a mortgage payment ever.
     
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  18. Moneys

    Moneys Newbie

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    How much did it cost you? How did you finance it? How long does it take to earn the money that you have payed?
     
  19. Tylor jr

    Tylor jr Power Member

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    OP if you found a way to invest your $40k let me know i need to invest my $100k i dont know what to do with that.
    [​IMG]
     
  20. Moneys

    Moneys Newbie

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    Why are people trying to make fun of this post?
    I live in Switzerland. It might explain the amount of money i have saved.
    I'm just trying to find a good method to make money with money.