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Where would you invest 30k to see a 5k profit per month?
Lets see who can answer this riddle..
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sure if its long term.
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I'd probably invest the money in having a few scripts built that I could resell. Would be the least amount of work long term IMO. As you would just need to keep them updated and give support.
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Why would I tell people this?
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ya let me know too !
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lol all these stupid idiots trying to do money overnight...
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I suspect that with his "riddle" he's looking for the answer of a porn paysite.
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obviously you know nothing about advertising |
anyways.. im talking more about business to start like
nail salon tanning booth small bar etc.. in high traffic areas |
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magic number (to me at least) is 300 a day 300 a day net is 9000 a month profit if you can net $20 per customer/lead and see or talk to 15 ppl a day with a normal 8 hours of business means u roughly need to convert 2 ppl an hour but say we are talking about my post in the title which is 5k profit per month the number is roughly $150 profit a day. so.. think of all of the little hustles you can invest in to generate cash machines pumping out 5-10k a month with a minimal upfont capital investment. |
I'd really like to open up my own small bar..
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If you had a bit more cash on hand and a location, a payday advance place would work for you.
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I know how you could turn that into 75k but i'm not gonna tell ya :)
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if you can put 30k in a business and make 35k a month starting let me know lol
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You want to invest $30k and make $60k per year? 200% annualized?
I think even in illict businesses you might have a hard time with that. |
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I highly doubt you can do $5K a month profit with as little as $30K invested in the type of things you are looking to do. Tanning booths are all the rage right now but they won't even take in that much per month. Plus buying all the equipment is gonna cost ya. |
Warren Buffett just told me he bookmarked this thread.
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not possible
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stocks. I make more than that per month by day trading. started with $32k.
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Obviously you haven't worked in this industry before or in a long time. Good luck making 5k a month with only a 30k investment with any of those. Consider that you have rent (which will be a lot in a high traffic area), utilities, employees, upkeep, stock or products for you to sell, etc. The markup and margins is not nearly as good as you would think. |
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