You have $20,000. What do you do to turn it into more money?
submitted 1 year ago by [deleted] from (self.whatever)
[deleted]
[–]SoCo 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 0 fun5 insightful - 1 fun - 1 year ago* (0 children)
I'd dump it all into a diversesp holding of crypto...but that's me.
[–]Zapped 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 1 year ago (2 children)
Personally, I am waiting on the real-estate market to settle so I can buy more investment property. I suspect there are many market investors on this site and they probably have other ideas. Whatever you do, cash will be more valuable as interest rates rise.
[–]pretty_innocuous 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 1 year ago (1 child)
Flipping cars is the poor mans flipping houses
[–]Zapped 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
I'm looking for more long-term, passive income with rental properties. I'm not good at flipping cars and not interested in flipping houses, but I know some people who are really good at each.
[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 1 year ago* (0 children)
I'd open a coffee shop then burn it down, take the insurance and hide out in Mexico until the heat dies down while I live on Cuba libres and fajitas.
[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - 1 year ago (2 children)
I'd keep half in cash for now, put a little of that 10k in crypto and the rest of the 10k in stocks. Use the free cash to pounce on any opportunities.
Course I probably have lost people more money here than anyone, so...
[–]Zapped 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - 1 year ago (1 child)
So you know go1dfish?
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
I think everyone got burned on crypto, weegs is just especially bad at it.
[–]Anman 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (0 children)
Build a shed, find a common old car that is still popular. Pick up all the wrecks of that specific line of car and start your own wrecking yard just for that type of car.
[–]yabbit 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (0 children)
Get irl livestreaming equipment and become smooth sanchez 2.0
use the following search parameters to narrow your results:
e.g. sub:pics site:imgur.com dog
sub:pics site:imgur.com dog
advanced search: by author, sub...
~4 users here now
[–]SoCo 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 0 fun5 insightful - 1 fun - (0 children)
[–]Zapped 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - (2 children)
[–]pretty_innocuous 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - (1 child)
[–]Zapped 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)
[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - (0 children)
[–][deleted] 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 0 fun4 insightful - 1 fun - (2 children)
[–]Zapped 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 1 fun3 insightful - 2 fun - (1 child)
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)
[–]Anman 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)
[–]yabbit 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (0 children)