How would you multiply $50k?

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Thanks for the suggestion guys​
What about affiliate marketing? Is it still a thing in 2024?​
I was considering even the most creative ideas, like starting an Instagram account and push it with some 10k+ followers, likes and comments for my Belgian Malinois puppy which is really lovely and funny​
 
BTC is gambling.

The safest way to invest 50K is to buy a well diversified index fund from a company like Schwab or Vanguard, and wait a long time and don't touch it. At a 7% return adjusted for inflation, you will have 100k after about 9 years, 200k in about 18 years, and 400k in about 27 years.

By far the easiest way to make money, because you don't have to do anything. You just have to be not stupid and pull out because the market drops for a year or two. Unless modern civilization collapses, it will eventually recover.

The other option is to start your own business, which can bring higher profits, but only if you have a good skill, good product, good business plan, and are willing to put a lot of time and money into it. Starting a business with 50k is possible, but it's not enough for a lot of businesses. IM, which is what we are all here for, is good business that you could invest in with that amount.
 
Sent a dm. Don’t listen to all the crap they’re pitching. The business I got just needs rank. It’s evergreen as hell too.
 
TheItalianJob said:
Hi guys, any suggestions on how to invest $50k to multiply them?
Was thinking to create a niche website or webapp, but not sure that's a wise decision. I also invested some 10k in BTC, preparing for the halving.
What would you do with $50k?
Click to expand...
Start selling digital products through influencer marketing and social ads. Organic ads work great too.
 
TheItalianJob said:
Hi guys, any suggestions on how to invest $50k to multiply them?
Was thinking to create a niche website or webapp, but not sure that's a wise decision. I also invested some 10k in BTC, preparing for the halving.
What would you do with $50k?
Click to expand...
I would hold and invest in BTC , some in stocks , business where I earned the money and 2 percent cash for expenses rest invest .
 
would invest some of it in cryptocurrency.
I would spend part of it on retro drops, activity in projects for profit. That's multi-accounting, to put it mildly.
 
reaaski said:
Yeah. How to multiply if you don't know anything? There's only some risky options like JV's but you'd not know who can be trusted...

Just read the forums and consider some popular topics like CPA, automation, small business / services, youtube, social media. This type of budget is more than enough. Some people started off $1k and they scaled it to millions.

I personally would do some phone farm and pay someone to write time consuming parts of needed software for me. I would split my responsibility with outsourcing, so I could focus on adding more devices and testing new ideas / tweaks / exploits.

Of course do it in a way, so that writers of software can't replicate your setup...

Maybe I could also start a proxy business if I dedicated time to learning networking.
Click to expand...
Yup. Phone farming is the way to go. With a 50k investment and a dedication you will be making 100k/ month in half a year
 
Yea 50K is getting into investment territory. Or some kind of safe, quick return business like flipping with part of it
 
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