i noticed that many people say they want to buy home? Can a home be bought for $10k. I thought no less than $50k in US or elsewhere.
They probably mean a down payment. But if you wanted to buy a foreclosure (probably needing work) there are areas in the US where that can be done. I attended an auction last summer where the final price was $8,000 think. lower middle class neighborhood, needed roofing. I would probably invest in real estate too or maybe a solid Internet venture.
you can invest in high return and low risk fund management company. OR invest in website business with slow funding according your marketing need.
You should spend some of the money by helping me with my website... That could be an investment too. ; ) William
Put a down payment on a house near groceries and bus lines. You'll make it back in no time and gain equity every month. That's what smart money does.
Good to hear that you have managed to save $10k, no doubts thats a big amount and i wud suggest you to do a long term investment and sensible investments. Well for your query regarding buying some real estate, In india its on boom and funds get doubled every 2-3 years and at times in 1 year. Moreover I and few of my friends have a managed forex account from an expert trader from Uk with 6+ yrs experience and never gave less than 10% monthly reurn from past 4+ years. If you want to try , I can get your try their services with just $500, if you like the idea, you can invest 25%-50% of your funds. Please PM me for details,if interested.
Mutual funds always make you money... but again like the first person to post sadi, you can't touch your money for 10-20 years.
Hey I would bank it and put it into a high interest savings account. But hey thats me being all sensible and all .
Many people did mention buying a home. Unfortunately for some -- but great for a buyer -- is that great list of homes under 'Foreclosure'. $10K can go a long way -- with careful research before the auction to get a great return on this investment. Not necessarily the 'safest' way -- but many millionaires have been made from the Foreclosure Market. Just a thought. Soaring Higher, DrVanessa
That's great ! but spending this much money should be done with caution I prefer u to invest half the money for some different things.
Hehe I know I know but that was me being all sensible and all. Could come in handy for a rainy day. Making money and risking it isn’t my thing really, saving what I do earn I find more sensible. But hey thats me.
10k is a serious budget. You can buy a couple of nice established sites with some revenue and try to increase it.