What business would you invest it into? I know that is not a lot, but something small to get busy in life?
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I would invest into making unique and unusual content... Then I would make a website ( or took a part of one with a good revenue to take my cut)... Content was,is and always will be the king!!! All the dating,tube or meds are scams and nothing else..
..and BTW good luck....FYI: for 50 K you can shoot about 25 hours of excellent content and the 10 K what is left buy a piece or make your own web...
Case closed
and good luck.
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60k on Margin is 120kComment
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In this day and age, I wouldn't put it into adult. I would use it for a downpayment on another buy-to-let property.
Buy it, and have a property management company let it for you (Guaranteed rent even if tenant doesn't pay - Costs 10% of rent) and use the rent to make the mortgage payments on the remainder.
Property value goes up faster than interest on money in the bank and the house pays for itself
Thats what I would do today anyway
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I would look into a mobile business opportunity
Seriously, with limited capital you need to work within a field that you are very familiar with
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I also would say property/land“If we are to have another contest in the near future of our national existence, I predict that the dividing line will not be Mason and Dixon's but between patriotism and intelligence on the one side, and superstition, ambition and ignorance on the other.”
-- Ulysses S. GrantComment
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open a bakery near a college or high school⭐ CAM SODA ⭐ STRIPCHAT ⭐
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Heh where I live, a pot dispensary has a fish and chips place on one side of it, and a pizza place on the other side. They've both told me that their respective businesses has skyrocketed since the pot dispensary opened.
Perhaps find a pot dispensary and open a snack place next door to it ;)NSFWComment
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Another option would be to go through the process and become a licensed pot grower. The dispensaries here are always looking for more product. If you are willing to put up with the red tape and know how to run a grow operation there could be some serious money to be made.Comment
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>Location: Amsterdam
If yo had $50K-$60K cash...
Little business
----Comment
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In this day and age, I wouldn't put it into adult. I would use it for a downpayment on another buy-to-let property.
Buy it, and have a property management company let it for you (Guaranteed rent even if tenant doesn't pay - Costs 10% of rent) and use the rent to make the mortgage payments on the remainder.
Property value goes up faster than interest on money in the bank and the house pays for itself
Thats what I would do today anyway
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Ethereum 100%. Specifically this weekend.Comment
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I would throw a Huge party and spend 100% of it on booze and entertainment and tell all the guest to leave a single dollar on their way out if they had a good time.
lol, you have the same chances of making money from my idea as you do from any other advice you get at GFY. Don't ask people at a porn forum where most of them left are just trolls. Go out and do your own research as to what is big and based on that what is the next big thing. Use your own mind.
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Real estate .
I did that with 400K . Working well ( 13% return ) but have to be present.I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....Comment
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Sports Trading.Comment
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A leveraged 1 unit real estate investment?
That's 100% occupancy or 100% vacancy ...
Buy a ( or a few ) REIT ETF shares -- if you like real estate ...
Top 24 Real Estate ETFs here's one list do your own research
If you fuck up -- it's liquid -- it's easily converted back to cash (usually).
Pot farm idea ain't bad ...Comment
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find what shops are most making major money then start something simmilar.
if competition is already high then start something which the major money making shops needs, like raw materials.
there is money in food .Comment
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Buy to let, or better still buy, refurbish to rent. you'll need to get a loan from the bank though.Comment
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buy 12 cheap vehicles and some insurance and rent them to uber and lyft drivers for $25 a day.Comment
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It is still possible to make good money in adult, but only if you are really good at it, times when was enough to hire people to do certain things and where money would just roll are long gone.Comment
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^^^ Truth
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lol, how about Europe ? you have 1-2 apartments for this money somewhere not in total shithole
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buying properties as investment when interest rates are on the lowest level???
its time to sell, not to buy
i have for sale 2-room flat in wroclaw centre in poland exactly for $60k, but its small 37m2Comment
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Would of being nice that you explain your logic here , as I cannot add it up ....
Why did I put 400 K in real estate ? Because, it was coming out of 10 year term bank deposits/investment bringing me 6.55% ( 26K a year interest, less taxes ) .
When renewal came up, the best I could get was 1.35% on freezed 5 years term ( 7K , less taxes ) . And lets not get into inflation ....
Now, with 80K down, I bougth a property of 350K ( 3 rental units- 2500/month ) at 2.89% interest . Cash flow is positive and with capital payment from tenants, my return was over 15% , not counting increase in value.
Repeated with remaining cash on hands . 400K got me 2 million of property ....
So the low interest were the main factor to remove the money from the bank, and low mortgages were the main factor to put it in real estate ...
At 1.5% yearly plus value, still not counting inflation ) the value goes up of 30K a year ....
Latest mortgages are at 2.2 et 2.39 % ....
Selling ??? Yeah, here I come to beg to get 1.15 % .....
On the other hand, I am not one of the '' big playa '' with ferraris, maserratis and a fucking fountain on my front lawn ....I know that Asspimple is stoopid ... As he says, it is a FACT !
But I can't figure out how he can breathe or type , at the same time ....Comment
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first of all I'm talking about european real estate
second, of course, you can buy many properties for rent
but just one? did you include renovation costs? not paying people, and many other thing than can take you attention and money
ofcourse, you can earn some, but imho not worth when you have only one property for rent
not for $60k, its too lees
my and not only my logic is simple, interest rates low = cheap loans = property prices high
current interest rates are the lowest in history, what it means??? when loans go high, properties go down, its simple as hell
why?? because in majority, people buying properties taking loans, not for cash! so cost of loan is the most important factor for real eastate market
so, now, tell me, as now we have historical low interest rates, what is prediction for property prices?
can these interest rates be lower?? can real estate market prices still grow up?
we are on the top of the second big bubble, market, reale state bubbleComment
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in Poland there is huge demand to rent flats and not enough distribution...one of the lowest numbers of flats per 1000 habitants in Europe...
so basically - owning flat in PL you will make good money still in next 10 years I guess
i love those polish flats.."2 rooms of 37m2" - lol wtf is that.... it is ONE ROOM and living room, in any normal country....
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doesnt work and you dont care about if:
a) you pay with cash for flat
b) you live in a country that has undeveloped renters market and there is big demand and not enough supply. Maybe in 20-30 years something will change as all Poles will die and only Ukrainians remain
, buyt in coming 10-15 years its all god IMO.
especially in a city like Wro or la capital etc
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Is this ethical?In this day and age, I wouldn't put it into adult. I would use it for a downpayment on another buy-to-let property.
Buy it, and have a property management company let it for you (Guaranteed rent even if tenant doesn't pay - Costs 10% of rent) and use the rent to make the mortgage payments on the remainder.
Property value goes up faster than interest on money in the bank and the house pays for itself
Thats what I would do today anywayComment
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if you buy 2-rooms flat for $60K in Poland, Wroclaw
you can expect about $400 per month - 8% tax
if you are lucky with rentings, because law in poland is against property owner
Flats in Wroclaw:
https://www.szybko.pl/Wrocław/lokale...ynek=&promien=Comment
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I know wro well enough, lived there for many years :-)
after Ukrainian invasion from 2015 prices went up like 25-30 %, its craziness now there
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