Finance Question... - GoFuckYourself.com

Chaldoray · 11-04-2004, 07:04 PM

One quck question,

If you get $100,000 from the bank and put $100,000 in the bank how much interest can you get from the money and how much money can you make a month from the money you put in the bank? My parent's might give me $100,000 so i can help my business so i can make a steady income. Also, what would be a good investment to make some long term money if you put $250,000 into a business?

Ray

detoxed · 11-04-2004, 07:05 PM

Fuck i wish i could live off my parents

detoxed · 11-04-2004, 07:06 PM

If I had $100,000, I could turn it into a $1 million dollar a month business in 12 months.

Chaldoray · 11-04-2004, 07:29 PM

Quote:

Originally posted by detoxed
Fuck i wish i could live off my parents

Chaldoray · 11-04-2004, 07:29 PM

Quote:

Originally posted by detoxed
If I had $100,000, I could turn it into a $1 million dollar a month business in 12 months.

What would that be? Guaranteed?

KRL · 11-04-2004, 07:30 PM

There are much better ways to park your money.

Steen2 · 11-04-2004, 07:43 PM

Learn your niche

Doing business online is not for everyone.

Infact, doing business at all is not for everyone. Real estate can be a (slower) good option for those types.

detoxed · 11-04-2004, 07:47 PM

Quote:

Originally posted by Chaldoray
What would that be? Guaranteed?

Yep I'll say "I guarantee" thats as far as it goes though, nothing is 100% certain in business. I will guarantee you wont be left with nothing, you'll be left with a functioning business.

Chaldoray · 11-04-2004, 07:48 PM

Quote:

Originally posted by KRL
There are much better ways to park your money.

Mind giving me some examples please?

Chaldoray · 11-04-2004, 07:49 PM

Quote:

Originally posted by Steen2
Learn your niche

Doing business online is not for everyone.

Infact, doing business at all is not for everyone. Real estate can be a (slower) good option for those types.

Yeah, I know business is not intended for anyone.

Chaldoray · 11-04-2004, 07:50 PM

Quote:

Originally posted by detoxed
Yep I'll say "I guarantee" thats as far as it goes though, nothing is 100% certain in business. I will guarantee you wont be left with nothing, you'll be left with a functioning business.

Can you lead me and tell me what you would be doing?

KRL · 11-04-2004, 07:50 PM

Quote:

Originally posted by Chaldoray
Mind giving me some examples please?

Pop on ICQ

123583718

BlueDesignStudios · 11-04-2004, 07:51 PM

Hold on, let me get a calculator

BRISK · 11-04-2004, 07:55 PM

Quote:

Originally posted by Chaldoray
One quck question,

If you get $100,000 from the bank and put $100,000 in the bank how much interest can you get

This makes no sense to me

It's like saying "if you get $100,000 from John and you give $100,000 to John, how much interest can you get?"

How are you getting $100,000 from the bank?

Chaldoray · 11-04-2004, 08:01 PM

Quote:

Originally posted by BlueDesignStudios
Hold on, let me get a calculator

Chaldoray · 11-04-2004, 08:01 PM

Quote:

Originally posted by BRISK
This makes no sense to me

It's like saying "if you get $100,000 from John and you give $100,000 to John, how much interest can you get?"

How are you getting $100,000 from the bank?

What i meant is what's the exact interest the bank will give you for your money.

BRISK · 11-04-2004, 08:04 PM

Quote:

Originally posted by Chaldoray
What i meant is what's the exact interest the bank will give you for your money.

Every bank is different, and every specific type of investment is different.

Try looking on your bank's website.

Jace · 11-04-2004, 08:04 PM

um

if you get $100,000 an put it in the bank....you would make the interest rate assigned to you in that account

how old are you, 16 or something?

if you put $100,000 in the bank at a 2.9% annual interest rate, you would make 2.9% of $100,000 every year from that money sitting here...i will leave you to figure out what 2.9% of $100,000 is...LOL...

wonder how long this will take

BRISK · 11-04-2004, 08:06 PM

Quote:

Originally posted by Chaldoray
What i meant is what's the exact interest the bank will give you for your money.

Are you planning to borrow $100,000 from the bank in the hope of earning more in interest than you'll pay in interest?

Veterans Day · 11-04-2004, 08:06 PM

weren't you the one trying to raise 4k for an investment in your cam site? Now the P's are giving you 100k?

Some people amaze me

Chaldoray · 11-04-2004, 08:15 PM

Quote:

Originally posted by JaceXXX
um

if you get $100,000 an put it in the bank....you would make the interest rate assigned to you in that account

how old are you, 16 or something?

if you put $100,000 in the bank at a 2.9% annual interest rate, you would make 2.9% of $100,000 every year from that money sitting here...i will leave you to figure out what 2.9% of $100,000 is...LOL...

wonder how long this will take

ROFL LMAO, i wish i was 16. I already found out what that is and that's all i wanted to know but thanks anyways.

$5 submissions · 11-12-2004, 02:20 AM

Quote:

Originally posted by detoxed
Yep I'll say "I guarantee" thats as far as it goes though, nothing is 100% certain in business. I will guarantee you wont be left with nothing, you'll be left with a functioning business.

I agree. There's no guarantees just degrees of what you'll be left with.

webseth · 11-12-2004, 05:00 AM

Quote:

Originally posted by JaceXXX
um

if you get $100,000 an put it in the bank....you would make the interest rate assigned to you in that account

how old are you, 16 or something?

if you put $100,000 in the bank at a 2.9% annual interest rate, you would make 2.9% of $100,000 every year from that money sitting here...i will leave you to figure out what 2.9% of $100,000 is...LOL...

wonder how long this will take

you're a layman, did you not take the compound interest seminar?

- Seth

T[H]C · 11-12-2004, 05:07 AM

If you put it into a bond that pays...say 8%
You would get 8000 a year every year, and then your money back. It also depends on if you buy the bond at discount or primo.
That would be your best bet if you want to be safe.

T[H]C · 11-12-2004, 05:09 AM

with that kind of cash you would be wise to talk to a financial manager before you do anything.

11-04-2004, 07:04 PM	#1
Chaldoray Confirmed User Join Date: Jul 2003 Posts: 2,868	Finance Question... One quck question, If you get $100,000 from the bank and put $100,000 in the bank how much interest can you get from the money and how much money can you make a month from the money you put in the bank? My parent's might give me $100,000 so i can help my business so i can make a steady income. Also, what would be a good investment to make some long term money if you put $250,000 into a business? Ray

11-04-2004, 07:30 PM	#6
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	There are much better ways to park your money. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

11-04-2004, 07:43 PM	#7
Steen2 Confirmed User Join Date: Feb 2004 Location: Vancouver, Canada Posts: 7,662	Learn your niche Doing business online is not for everyone. Infact, doing business at all is not for everyone. Real estate can be a (slower) good option for those types. __________________ ICQ: 2262.73945

11-04-2004, 07:51 PM	#13
BlueDesignStudios Confirmed User Industry Role: Join Date: Feb 2003 Location: Australia Posts: 9,492	Hold on, let me get a calculator __________________ Blue Design Studios - Adult Design Specialists! Email me for a free quote: [email protected]

11-04-2004, 08:06 PM	#20
Veterans Day Confirmed User Join Date: Jul 2003 Location: The Windy City Posts: 8,403	weren't you the one trying to raise 4k for an investment in your cam site? Now the P's are giving you 100k? Some people amaze me __________________ Build a Massive Traffic Network, Hands FREE, Totally Automated

11-04-2004, 07:05 PM	#2
detoxed vip member Join Date: Jan 2003 Posts: 17,798	Fuck i wish i could live off my parents

11-04-2004, 07:06 PM	#3
detoxed vip member Join Date: Jan 2003 Posts: 17,798	If I had $100,000, I could turn it into a $1 million dollar a month business in 12 months.

11-04-2004, 08:04 PM	#18
Jace FBOP Class Of 2013 Industry Role: Join Date: Jan 2004 Location: bumfuck, ky Posts: 35,562	um if you get $100,000 an put it in the bank....you would make the interest rate assigned to you in that account how old are you, 16 or something? if you put $100,000 in the bank at a 2.9% annual interest rate, you would make 2.9% of $100,000 every year from that money sitting here...i will leave you to figure out what 2.9% of $100,000 is...LOL... wonder how long this will take

11-12-2004, 05:07 AM	#24
T[H]C Confirmed User Join Date: Jul 2002 Location: Tempe, AZ Posts: 162	If you put it into a bond that pays...say 8% You would get 8000 a year every year, and then your money back. It also depends on if you buy the bond at discount or primo. That would be your best bet if you want to be safe. __________________ quiet - first you get the money. then you get the power. then you get the shit talking on gfy.

11-12-2004, 05:09 AM	#25
T[H]C Confirmed User Join Date: Jul 2002 Location: Tempe, AZ Posts: 162	with that kind of cash you would be wise to talk to a financial manager before you do anything. __________________ quiet - first you get the money. then you get the power. then you get the shit talking on gfy.