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

How to invest 30-40k

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

  1. Moneys

    Moneys Newbie

    Joined:
    Oct 30, 2014
    Messages:
    37
    Likes Received:
    11
    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 BANNED BANNED Jr. VIP

    Joined:
    Nov 3, 2013
    Messages:
    3,107
    Likes Received:
    7,706
    Gender:
    Male
    I would buy a Banjo.

    [​IMG]
     
    • Thanks Thanks x 10
  3. Moneys

    Moneys Newbie

    Joined:
    Oct 30, 2014
    Messages:
    37
    Likes Received:
    11
    That's a good idea. What else? (It's a serious question)
     
  4. mickyfu

    mickyfu Jr. VIP Jr. VIP

    Joined:
    Dec 14, 2011
    Messages:
    7,529
    Likes Received:
    21,498
    Occupation:
    King Of Crypto C
    Location:
    Solihull Young Offenders
    Maybe a drum? And you can become one of those one man bands.
     
    • Thanks Thanks x 11
  5. Moneys

    Moneys Newbie

    Joined:
    Oct 30, 2014
    Messages:
    37
    Likes Received:
    11
    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?
     
    • Thanks Thanks x 4
  6. MusicMedia88

    MusicMedia88 Junior Member

    Joined:
    Nov 15, 2014
    Messages:
    160
    Likes Received:
    105
    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.
     
    • Thanks Thanks x 2
  7. AngelW

    AngelW Registered Member

    Joined:
    Sep 15, 2016
    Messages:
    72
    Likes Received:
    30
    Gender:
    Male
    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.
     
    • Thanks Thanks x 1
  8. uncutu

    uncutu Elite Member

    Joined:
    Aug 6, 2010
    Messages:
    1,638
    Likes Received:
    845
    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.
     
    • Thanks Thanks x 4
  9. ferg2

    ferg2 Registered Member

    Joined:
    Jul 16, 2013
    Messages:
    61
    Likes Received:
    26
    I doubt you even $1 to invest.
     
    • Thanks Thanks x 2
  10. MisterF

    MisterF Jr. VIP Jr. VIP

    Joined:
    Nov 29, 2009
    Messages:
    7,818
    Likes Received:
    6,309
    Occupation:
    Conference Organiser, Business Advisor.,
    Location:
    JADIP
    Home Page:
    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.
     
    • Thanks Thanks x 1
  11. Moneys

    Moneys Newbie

    Joined:
    Oct 30, 2014
    Messages:
    37
    Likes Received:
    11
    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 Elite Member

    Joined:
    Aug 6, 2010
    Messages:
    1,638
    Likes Received:
    845
    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.
     
    • Thanks Thanks x 1
  13. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Jr. VIP

    Joined:
    Nov 10, 2012
    Messages:
    12,599
    Likes Received:
    34,732
    Gender:
    Male
    Occupation:
    Fun Lovin' Criminal
    Location:
    London
    Home Page:
    • Thanks Thanks x 4
  14. Moneys

    Moneys Newbie

    Joined:
    Oct 30, 2014
    Messages:
    37
    Likes Received:
    11
    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

    Joined:
    Mar 27, 2017
    Messages:
    18
    Likes Received:
    4
    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.
     
    • Thanks Thanks x 1
  16. darulez

    darulez Jr. VIP Jr. VIP

    Joined:
    Mar 12, 2013
    Messages:
    3,066
    Likes Received:
    1,067
    Gender:
    Male
    Occupation:
    Doing Internet Warfare
    Location:
    Bad Neighborhood
    snp500
    msci world
    stoxx600
     
    • Thanks Thanks x 1
  17. Aehs01

    Aehs01 Jr. VIP Jr. VIP

    Joined:
    Aug 13, 2012
    Messages:
    173
    Likes Received:
    36
    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.
     
    • Thanks Thanks x 1
  18. Moneys

    Moneys Newbie

    Joined:
    Oct 30, 2014
    Messages:
    37
    Likes Received:
    11
    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

    Joined:
    Aug 6, 2016
    Messages:
    545
    Likes Received:
    213
    Gender:
    Male
    Occupation:
    Investment Banker
    Home Page:
    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

    Joined:
    Oct 30, 2014
    Messages:
    37
    Likes Received:
    11
    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.