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i have $50,000.. what should i do?

Discussion in 'General Business' started by shah2k, Jan 16, 2007.

  1. #1
    i have $50,000 and want to either put that down on purchasing a business and finance the rest or want to start my own business..

    if needed i can get access to another $100,000 in cash within 2 months.
    SEMrush
    i have no clue what i should do.. any suggestions or tips?

    thanks
     
    shah2k, Jan 16, 2007 IP
    SEMrush
  2. drig

    drig Peon

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    #2
    A partner and I are in the planning and development stages of a unique web 2.0 app and will be looking for low / mid $XX,XXX as an investment shortly. PM me if you're interested.
     
    drig, Jan 16, 2007 IP
  3. exponent

    exponent Peon

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    #3
    Have you looked for any existing brick and mortar businesses around your area? An investment in this area might give you added return which you could reinvest in other areas.

    -Steve
     
    exponent, Jan 16, 2007 IP
  4. shah2k

    shah2k Peon

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    #4
    do you have a business plan available? if you do you can pm me ill look into that.
     
    shah2k, Jan 16, 2007 IP
  5. bccruzer

    bccruzer Peon

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    #5
    bccruzer, Jan 16, 2007 IP
  6. shah2k

    shah2k Peon

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    #6
    hey thanks for responding.

    i looked into couple of retail stores and what not but the problems with a physical business is that you are kind of limited to the space you have and local area you know what i mean?

    i would like to buy a restaurant but the only problem is i will not serve/sell alcohol and i think thats very bad for business but my religious/moral duties come first.

    i really want a software business or distribution company.

    i am looking into this software company for sale ($250,000) and their net income last year was about ($110,000)

    blahh i am confused. last time i invested that much in a business i lost most of it :(
     
    shah2k, Jan 16, 2007 IP
  7. EGS

    EGS Notable Member

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    #7
    Be smart with your money.
    I wouldn't suggest investing all of it into a high-risk situation, or you'll probably lose all your money. Be careful too, as there are a lot of scammers waiting for that kind of paycheck in their hands...

    I would suggest buying an established website, or a chain of them that have revenue, and look like they're automatic and still growing. This way, you can buy them cheap, and see revenue increase, and do nothing if they're automatic. ;)
     
    EGS, Jan 16, 2007 IP
  8. shah2k

    shah2k Peon

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    #8
    that site does not work
     
    shah2k, Jan 16, 2007 IP
  9. bccruzer

    bccruzer Peon

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    #9
    Hi Shah, are you a Muslim by any chance?
     
    bccruzer, Jan 16, 2007 IP
  10. shah2k

    shah2k Peon

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    #10

    no i am not really looking into the web business unless they have some sort of offline business attached to it you know what i mean?

    yes i am
    and no i am not going to blow myself up/kill all the jews here/gang rape your women/etc... yada yada
     
    shah2k, Jan 16, 2007 IP
  11. EGS

    EGS Notable Member

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    #11
    You can always invest $12,000-$15,000 into a White Castle...White Castle is amazing.

    Then you should just invest the rest into other things...a short amount in a stock wouldn't hurt you if you're smart. Try AmeriTrade.com. Maybe you can even find a financer who will put your money into a mutual fund and over time you'll get even more money?

    Depends what you want to do, really. That's such a large investment amount to be fooling around with. :eek:
     
    EGS, Jan 16, 2007 IP
  12. bccruzer

    bccruzer Peon

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    #12
    LOL. I am Muslim too. Salam.
    About the site, it is not completely finished yet. You can see completed portions at advertiser.freedomofads.com and publisher.freedomofads.com
     
    bccruzer, Jan 16, 2007 IP
  13. shah2k

    shah2k Peon

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    #13

    that might be the franchise fee but this is nyc and rental and all that stuffs way too high for me to be messing around with but i did not know that the franchise fee was that low.

    yeah i already have money in stocks and thats how i made some of this money ;) but problem with me is that i need something thats not as risky
    since my expenses went up tremendously and i need some sort of cashflow quickly

    Walaikum as-Salam

    umm no your website does not work at all.. maybe its my browser? but it says problem loading page
     
    shah2k, Jan 16, 2007 IP
  14. bccruzer

    bccruzer Peon

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    #14
    perhaps. My MSN is
    Leave me your email and I'll send you the business plan
     
    bccruzer, Jan 16, 2007 IP
  15. shah2k

    shah2k Peon

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    #15
    okay i pmed you anyways i have to go out for a bit but will come back and check the thread
     
    shah2k, Jan 16, 2007 IP
  16. onlymotorola

    onlymotorola Banned

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    #16
    If you have money buy real estate.
     
    onlymotorola, Jan 16, 2007 IP
  17. sarahk

    sarahk iTamer Staff

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    #17
    It's a good safe investment - and EGS may have been joking about the fast food but he does have a point. In western countries you might lose money on a good restaurant, but never on junk food.
     
    sarahk, Jan 16, 2007 IP
  18. blade_922

    blade_922 Well-Known Member

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    #18
    Salam brothers, hows it going?

    I'd advise you not to invest it all in one business. Also, invest it in a sort of business you will enjoy as well as make money. If you invest it in something you enjoy doing and will make money from, you will probably work at it harder and make more money.

    You have $50,000 to spend as you said. Why not set up an e-commerce website and sell software over the internet? Find a supplier and begin selling online.

    real-estate is also a VERY good investment. 25 years ago my dad came to the UK with pretty much the clothes on his back and a place to stay with his dad with $0.00. My grandad had been here for a while and got a loan and they rented out a shop and began his own newsagents store. He invested all his profits in real estate and bought loads of appartments and houses. He has currently 12 different properties all rented out. Rent from one property around $1,200 a month, all 12 thats $14,400 a month. He also runs his own retail business that still makes around $200,000-$250,000 profit yearly. The properties are worth around $400,000 each. Property is expensive in the UK.

    So why not buy an appartment and rent it out. That way you will always have your original investment + profit from rent.

    Its a much less risk than investing money you MIGHT lose.

    :)
     
    blade_922, Jan 16, 2007 IP
  19. DUTCH101

    DUTCH101 Well-Known Member

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    #19
    you just look into a clothing business
     
    DUTCH101, Jan 16, 2007 IP
  20. tkilgore

    tkilgore Well-Known Member

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    #20
    i would start by going HERE ..

    http://forums.digitalpoint.com/showthread.php?t=221307

    Tod K :0)
     
    tkilgore, Jan 16, 2007 IP