Discussion in 'BlackHat Lounge' started by SpellZ, Jul 29, 2009.
What would you do with it to make more money?
High Risk High Return mutual funds. Hands down. Invest in emerging markets, nations etc.
*********, what do you mean by principal?
invisoned, but isn't that a huge gamble? You can loose everything!? ... Or you can win, BUT! .. if you loose, there goes all your money and you need to collect it all over again
I'd refer to the Bare Naked Ladies' song right away.
I mean with a million
You can buy 2, $500K houses
Divide the house into half so you'd have separate entrances and all that. Put in 6 families in the house, each pays $1000
After the 7th year has ended, it'll all go down to your pocket.
Bankin $12,000/month for doing jack all! LOL!
EDIT: And if you decide to go with WoodLog houses... Then it'll cost like HALF of that, and you'll be banking within 3-4 years!
No , You never gamble your money EVER. You INVESTigate .Thats what investing is all about. You INVESTigate thru the study of macroeconomics . Invest in a high Return high risk market, and have fun. Like anything , Investing is a craft. Learn macro then put your money to work.
I'd go all in with the subprime mortgage scheme aka. mini-bonds
Go to Vegas and put it all on black
No one wants to do it the pussy way and put it in the bank to cash out 1-3% by the end of the year? LOL
Seems sad if you have a million, and will make only $30,000 by the end of that year from that 1 million
I'll take that 1million dollar into invention and research in business.
Do you achieve this on paper? if you can consistanty hit 2-3% daily then you are a market genius and should go introduce yourself to some heavy hitters. The problem with this idea is that you can drop $30k as fast as you can make it if you are not FULLY aware and competent at your technique and even then, there are no guarantess. People have lost life savings day trading. some have even come back with shot guns to the places where they were "trained"
Actually I think I would seriously consider doing this.
I know its a bi*ch having all that money and not spending it, but think logically. That money is secure (well as secure as it can be) and you have $30k in order to pay the bills.
Then you can focus on BH till your hearts content. I mean really trying the most obscure things without the worry/pressure/personal goals of making at least x amount of $$ a month/week, because when all is said and done, if you fail you can still pay the bills no worries.
I guarantee that if you were in that scenario you would hit (at least one) goldmine. Something so original, creative and obscure you could be making serious bank with it (another million a year?) - all the time you have it sitting in your bank anyway lol.
Maybe its an evil monkey... and you could keep it in your closet
(Just like Chris)...
My hats off to you sir. at 3% daily without compounding you achieve yearly return of around 600%, and at the rate stated below around 350-450% without compounding. If ol' Bernie could have pulled that off he wouldn't be in Prison.
I will invest every penny in stock then buy a island or something like that
If I had a million I'd go back to my home country, take the love of my life on the wildest adventures and buy a couple of apartments. I'd be set for life.
I'll buy a good apartment, invest a big portion of the money left and take a small vacation.
shadowfax, and when are you planning to start making profit with that "Buy a couple of apartments"
If I had a million....
I'd blow it all on hoes, strippers, drinks, limo rides, steak dinners, crap tables, and clubs.
All in one day.
Hey, you only live once. LOL
just kidding, guys...I would use that money to try and start my own fragrance line...do you know how much money fragrances make? Why do you think every celebrity or athlete is trying to come out with a new scent nowadays?
a million dollars is enough to play with and figure out what you want to do and hopefully be successful at it.
What I would do...
Invest in direct response campaigns...rinse and repeat.Rinse and repeat...rinse and repeat.
Own companies and have others run them......
example: Michael Jordan is trying to own the Bobcats...He needs OPM to become owner. You think Jordan wants to work 80 hour weeks, or, play golf? He'll hire someone to work 80 hour weeks while he goof off. Leverage is the only game in town. OPM, OPTime, and OPtalent.
P.S. Feel free to PM me for my paypal address so you can send me donations for my fabulous post
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