If you had $50,000 to spend, but you had 45 days to pay it back, what would you do?

Discussion in 'General Business' started by ethanwa, Jun 27, 2008.

  1. mentos

    mentos Prominent Member

    Messages:
    15,280
    Likes Received:
    473
    Best Answers:
    0
    Trophy Points:
    330
    #21
    Trade Forex
    you can earn 3x of the money easily
     
    mentos, Jun 28, 2008 IP
  2. taylorwilsdon

    taylorwilsdon Peon

    Messages:
    760
    Likes Received:
    17
    Best Answers:
    0
    Trophy Points:
    0
    #22
    If you believe that, then you have no understanding of forex.
     
    taylorwilsdon, Jun 28, 2008 IP
  3. hamik112

    hamik112 Peon

    Messages:
    334
    Likes Received:
    7
    Best Answers:
    0
    Trophy Points:
    0
    #23
    I would flee to Zimbabwe, and be a multi-trillionaire. 1 USD= 4,000,000 Zimbabwean dollars. So you would have 200,000,000,000 Zimbabwean dollars, wait until Robert Mugabe is overthrown and hopefully their dollar might be worth a little more and you become rich. On a serious level, buying some Zimbabwean dollars soon wouldn't hurt.
    Another good idea is too find a good partner who has an understand of Adwords and CPA, and get him to start a campaign that you would sponsor. Make the money, give him a 25% share, keep the rest.
     
    hamik112, Jun 28, 2008 IP
  4. BusinessCoach

    BusinessCoach Well-Known Member

    Messages:
    1,719
    Likes Received:
    51
    Best Answers:
    0
    Trophy Points:
    185
    #24
    pay cash for a house in foreclosure that is wayyy under appraised value....since its REO the bank is happy to do a cash sale for less than what is owed


    maybe its a 150k value, but only has 55k owed on it, bank takes 40k cash
    then, refinance on the same property for as much as possible (80%?)

    pay back the 50k in full, pocket the 70k and use that for whatever you wanted....of course there is now a mortgage, but you have more than 45 days to pay it back, as well as its a property securing it (that you acquired OPM!)
     
    BusinessCoach, Jun 29, 2008 IP
  5. kgrad

    kgrad Well-Known Member

    Messages:
    2,414
    Likes Received:
    82
    Best Answers:
    0
    Trophy Points:
    130
    #25
    I have been doing this for the past 10 years. :)
     
    kgrad, Jul 1, 2008 IP
  6. bogtab

    bogtab Peon

    Messages:
    553
    Likes Received:
    9
    Best Answers:
    0
    Trophy Points:
    0
    #26
    Buy a 40K site, put 10K into promotion and flip it, flip it fo' real.
     
    bogtab, Jul 1, 2008 IP
  7. jswenson

    jswenson Peon

    Messages:
    441
    Likes Received:
    5
    Best Answers:
    0
    Trophy Points:
    0
    #27
    Or lose it...

    I'd say you are the one with no understanding of forex. The fact that you are trading on huge margin means it is very possible to triple your money. Of course you can lose it as well but you acted as if 3x on forex is something unbelievable when it is not, my winning positions have made 10 or 20 times my money in a few weeks, much less 45 days. I don't even trade on as big of margin as most people.
     
    jswenson, Jul 2, 2008 IP
  8. outsourcemedia

    outsourcemedia Banned

    Messages:
    171
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #28
    I would build a web hosting company, web design company
     
    outsourcemedia, Jul 2, 2008 IP
  9. Timby

    Timby Well-Known Member

    Messages:
    565
    Likes Received:
    6
    Best Answers:
    0
    Trophy Points:
    138
    #29
    Forex? To make money off that you need to spend some serious time researching. I'd just put it in a high interest account for a month, make about $300-$500 with little to no risk. Everyone wins :)
     
    Timby, Jul 2, 2008 IP
  10. n-james

    n-james Well-Known Member

    Messages:
    1,367
    Likes Received:
    70
    Best Answers:
    0
    Trophy Points:
    165
    #30
    This is the worst idea i've heard of in my life.

    Do you not realise the inflation rate? Is causing the problems with the zimbabwean dollar.

    Do you not realise that they will end up releasing a new currency and kill the price of the old one - which will probably mean that the 50k you invest is worth even less when this happens even before the inflation rate kills it.
     
    n-james, Jul 2, 2008 IP
  11. coolcode007

    coolcode007 Well-Known Member

    Messages:
    1,122
    Likes Received:
    22
    Best Answers:
    0
    Trophy Points:
    148
    #31
    invest in domains if you are experienced in the field (unless done with experience its hyper risk)
    but anyway if you are experienced in it you can simply double your investment in three months, so even a small capital is enough to begin with (and i think thats the best way to go ahead, small initial capital...then no risk as well)
     
    coolcode007, Jul 2, 2008 IP
  12. seo4china

    seo4china Well-Known Member

    Messages:
    1,075
    Likes Received:
    18
    Best Answers:
    0
    Trophy Points:
    130
    #32
    Doesn't work. You need a risk-free investment, with that kind of terms. Starting a business is not :)
     
    seo4china, Jul 2, 2008 IP
  13. seo4china

    seo4china Well-Known Member

    Messages:
    1,075
    Likes Received:
    18
    Best Answers:
    0
    Trophy Points:
    130
    #33
    A typical web hosting/web design company is NOT profitable in 45 days.
     
    seo4china, Jul 2, 2008 IP
  14. Sockmoney

    Sockmoney Peon

    Messages:
    569
    Likes Received:
    14
    Best Answers:
    0
    Trophy Points:
    0
    #34
    Invest it in real estate in Florida.

    Just kidding. ;-)
     
    Sockmoney, Jul 2, 2008 IP
  15. powerlifer

    powerlifer Active Member

    Messages:
    2,002
    Likes Received:
    14
    Best Answers:
    0
    Trophy Points:
    78
    #35
    Hahaha nice one:)
     
    powerlifer, Jul 2, 2008 IP
  16. BusinessCoach

    BusinessCoach Well-Known Member

    Messages:
    1,719
    Likes Received:
    51
    Best Answers:
    0
    Trophy Points:
    185
    #36

    actually if he had more than 45 days, that would be the wisest thing to do right now.

    I live in florida and it is an investors heaven


    ++++++++++
    Another Option


    you can throw a couple nightclub concerts, those make big money in just a few weeks time

    you MIGHT be able to actually pull off two of them with 25k


    ##########
    Another Option

    Start a Teen Club... again...very high profit in a short time



    ===========
    Another Option

    Partner with someone who is going to launch a UNIQUE internet product. Use up to 10k to help them develop it and maybe 10-15k for marketing and split profits withthem

    You will still have 20-25k to put elsewhere... this way you lessen your risk by diversifying

    Many people have great products, they just don't get enough people to find out about it.




    *************
    Another Option

    Sponsor an MTV type contest in a top 20 market
    (think you can dance? top model? Idol? etc)

    These draw in tons (plus you make money from SPONSORS and ENTRANTS) and again quick money in just a couple weeks



    I have done all of the above, so I know they work
     
    BusinessCoach, Jul 2, 2008 IP
    Lemon116 likes this.
  17. Lemon116

    Lemon116 Active Member

    Messages:
    1,245
    Likes Received:
    38
    Best Answers:
    0
    Trophy Points:
    90
    #37
    Wow, great advice BusinessCoach :D Thumbs up! :D


     
    Lemon116, Jul 2, 2008 IP
  18. BusinessCoach

    BusinessCoach Well-Known Member

    Messages:
    1,719
    Likes Received:
    51
    Best Answers:
    0
    Trophy Points:
    185
    #38
    thanks lemon, and thanks for the rep

    i see an error i made though

    with nightclub concert I meant, you could probably pull of TWO of them with MAJOR Celebrities (especially in rap/hip hop) for 25k each (2 concerts=50k cost)
     
    BusinessCoach, Jul 2, 2008 IP
  19. bilgi

    bilgi Well-Known Member

    Messages:
    464
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    123
    #39
    You cant do any good things in 45days
    50K $ is not much and 45 days are very short

    You may ask some people to work together for any fast job. For example nowadays I need about 200K $ to buy and sell computer and I'll earn about %7 in 60days.
     
    bilgi, Jul 2, 2008 IP
  20. Silica

    Silica Peon

    Messages:
    39
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #40
    I would just keep it in the bank!
    Anything that will give a good return will have high risk.
     
    Silica, Jul 2, 2008 IP