Finance Question...

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  • Chaldoray
    Confirmed User
    • Jul 2003
    • 2868

    #1

    Finance Question...

    One quck question,

    If you get $100,000 from the bank and put $100,000 in the bank how much interest can you get from the money and how much money can you make a month from the money you put in the bank? My parent's might give me $100,000 so i can help my business so i can make a steady income. Also, what would be a good investment to make some long term money if you put $250,000 into a business?

    Ray
  • detoxed
    vip member
    • Jan 2003
    • 17798

    #2
    Fuck i wish i could live off my parents

    Comment

    • detoxed
      vip member
      • Jan 2003
      • 17798

      #3
      If I had $100,000, I could turn it into a $1 million dollar a month business in 12 months.

      Comment

      • Chaldoray
        Confirmed User
        • Jul 2003
        • 2868

        #4
        Originally posted by detoxed
        Fuck i wish i could live off my parents

        Comment

        • Chaldoray
          Confirmed User
          • Jul 2003
          • 2868

          #5
          Originally posted by detoxed
          If I had $100,000, I could turn it into a $1 million dollar a month business in 12 months.
          What would that be? Guaranteed?

          Comment

          • KRL
            Entrepreneur
            • Oct 2002
            • 31429

            #6
            There are much better ways to park your money.
            If you would like to develop your domains, you can lease inexpensive foreign labor
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            Comment

            • Steen2
              Confirmed User
              • Feb 2004
              • 7662

              #7
              Learn your niche

              Doing business online is not for everyone.

              Infact, doing business at all is not for everyone. Real estate can be a (slower) good option for those types.
              ICQ: 2262.73945

              Comment

              • detoxed
                vip member
                • Jan 2003
                • 17798

                #8
                Originally posted by Chaldoray
                What would that be? Guaranteed?
                Yep I'll say "I guarantee" thats as far as it goes though, nothing is 100% certain in business. I will guarantee you wont be left with nothing, you'll be left with a functioning business.

                Comment

                • Chaldoray
                  Confirmed User
                  • Jul 2003
                  • 2868

                  #9
                  Originally posted by KRL
                  There are much better ways to park your money.

                  Mind giving me some examples please?

                  Comment

                  • Chaldoray
                    Confirmed User
                    • Jul 2003
                    • 2868

                    #10
                    Originally posted by Steen2
                    Learn your niche

                    Doing business online is not for everyone.

                    Infact, doing business at all is not for everyone. Real estate can be a (slower) good option for those types.
                    Yeah, I know business is not intended for anyone.

                    Comment

                    • Chaldoray
                      Confirmed User
                      • Jul 2003
                      • 2868

                      #11
                      Originally posted by detoxed
                      Yep I'll say "I guarantee" thats as far as it goes though, nothing is 100% certain in business. I will guarantee you wont be left with nothing, you'll be left with a functioning business.

                      Can you lead me and tell me what you would be doing?

                      Comment

                      • KRL
                        Entrepreneur
                        • Oct 2002
                        • 31429

                        #12
                        Originally posted by Chaldoray
                        Mind giving me some examples please?
                        Pop on ICQ

                        123583718
                        If you would like to develop your domains, you can lease inexpensive foreign labor
                        from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION!

                        *** *** *** *** *** *** *** *** *** *** *** ***
                        Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

                        Comment

                        • BlueDesignStudios
                          Confirmed User
                          • Feb 2003
                          • 9492

                          #13
                          Hold on, let me get a calculator

                          Blue Design Studios - Adult Design Specialists!
                          Email me for a free quote: [email protected]

                          Comment

                          • BRISK
                            Too lazy to set a custom title
                            • Feb 2003
                            • 12240

                            #14
                            Originally posted by Chaldoray
                            One quck question,

                            If you get $100,000 from the bank and put $100,000 in the bank how much interest can you get
                            This makes no sense to me

                            It's like saying "if you get $100,000 from John and you give $100,000 to John, how much interest can you get?"

                            How are you getting $100,000 from the bank?
                            I post on GFY so that when people ask me what I do,
                            I can tell them that I work with the mentally retarded.

                            Comment

                            • Chaldoray
                              Confirmed User
                              • Jul 2003
                              • 2868

                              #15
                              Originally posted by BlueDesignStudios
                              Hold on, let me get a calculator

                              Comment

                              • Chaldoray
                                Confirmed User
                                • Jul 2003
                                • 2868

                                #16
                                Originally posted by BRISK
                                This makes no sense to me

                                It's like saying "if you get $100,000 from John and you give $100,000 to John, how much interest can you get?"

                                How are you getting $100,000 from the bank?
                                What i meant is what's the exact interest the bank will give you for your money.

                                Comment

                                • BRISK
                                  Too lazy to set a custom title
                                  • Feb 2003
                                  • 12240

                                  #17
                                  Originally posted by Chaldoray
                                  What i meant is what's the exact interest the bank will give you for your money.
                                  Every bank is different, and every specific type of investment is different.

                                  Try looking on your bank's website.
                                  I post on GFY so that when people ask me what I do,
                                  I can tell them that I work with the mentally retarded.

                                  Comment

                                  • Jace
                                    FBOP Class Of 2013
                                    • Jan 2004
                                    • 35562

                                    #18
                                    um

                                    if you get $100,000 an put it in the bank....you would make the interest rate assigned to you in that account

                                    how old are you, 16 or something?

                                    if you put $100,000 in the bank at a 2.9% annual interest rate, you would make 2.9% of $100,000 every year from that money sitting here...i will leave you to figure out what 2.9% of $100,000 is...LOL...


                                    wonder how long this will take

                                    Comment

                                    • BRISK
                                      Too lazy to set a custom title
                                      • Feb 2003
                                      • 12240

                                      #19
                                      Originally posted by Chaldoray
                                      What i meant is what's the exact interest the bank will give you for your money.
                                      Are you planning to borrow $100,000 from the bank in the hope of earning more in interest than you'll pay in interest?
                                      I post on GFY so that when people ask me what I do,
                                      I can tell them that I work with the mentally retarded.

                                      Comment

                                      • Veterans Day
                                        Confirmed User
                                        • Jul 2003
                                        • 8403

                                        #20
                                        weren't you the one trying to raise 4k for an investment in your cam site? Now the P's are giving you 100k? Some people amaze me
                                        Build a Massive Traffic Network, Hands FREE, Totally Automated

                                        Comment

                                        • Chaldoray
                                          Confirmed User
                                          • Jul 2003
                                          • 2868

                                          #21
                                          Originally posted by JaceXXX
                                          um

                                          if you get $100,000 an put it in the bank....you would make the interest rate assigned to you in that account

                                          how old are you, 16 or something?

                                          if you put $100,000 in the bank at a 2.9% annual interest rate, you would make 2.9% of $100,000 every year from that money sitting here...i will leave you to figure out what 2.9% of $100,000 is...LOL...


                                          wonder how long this will take
                                          ROFL LMAO, i wish i was 16. I already found out what that is and that's all i wanted to know but thanks anyways.

                                          Comment

                                          • $5 submissions
                                            I help you SUCCEED
                                            • Nov 2003
                                            • 32189

                                            #22
                                            Originally posted by detoxed
                                            Yep I'll say "I guarantee" thats as far as it goes though, nothing is 100% certain in business. I will guarantee you wont be left with nothing, you'll be left with a functioning business.
                                            I agree. There's no guarantees just degrees of what you'll be left with.

                                            Comment

                                            • webseth
                                              Confirmed User
                                              • Jul 2003
                                              • 362

                                              #23
                                              Originally posted by JaceXXX
                                              um

                                              if you get $100,000 an put it in the bank....you would make the interest rate assigned to you in that account

                                              how old are you, 16 or something?

                                              if you put $100,000 in the bank at a 2.9% annual interest rate, you would make 2.9% of $100,000 every year from that money sitting here...i will leave you to figure out what 2.9% of $100,000 is...LOL...


                                              wonder how long this will take

                                              you're a layman, did you not take the compound interest seminar?

                                              - Seth
                                              http://www.webseth.com | http://www.webseth.com/aff.php | Verotel Billing | Certified Hosting
                                              ICQ: 3536333

                                              Comment

                                              • T[H]C
                                                Confirmed User
                                                • Jul 2002
                                                • 162

                                                #24
                                                If you put it into a bond that pays...say 8%
                                                You would get 8000 a year every year, and then your money back. It also depends on if you buy the bond at discount or primo.
                                                That would be your best bet if you want to be safe.
                                                quiet - first you get the money. then you get the power. then you get the shit talking on gfy.

                                                Comment

                                                • T[H]C
                                                  Confirmed User
                                                  • Jul 2002
                                                  • 162

                                                  #25
                                                  with that kind of cash you would be wise to talk to a financial manager before you do anything.
                                                  quiet - first you get the money. then you get the power. then you get the shit talking on gfy.

                                                  Comment

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