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50K-100K-what business to invest in?
What kind of business would you invest it in? I am looking to open my own business so I have a place to go to in the morning) I am not talking about some passive income, but more like a job/place of work. 8 hour a day working from home let's say. Any suggestions are greatly appreciated. :thumbsup
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Property.
Get a cheap place and spend time fixing it up... |
If you can find man, who will grab 1000 videos per day. It would be awesome
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Well working from home doesn't really give you a "place to go". Besides, if you do want to work from home you probably won't need that much starting capital. :)
Now if you want a place to go to get out of the house I would suggest the following. But be aware that these all greatly depend on real estate/rent in your area (office space) and your own skills/desires. Dog rescue/training facility Baby day care center Laundromat Buy a food truck (bagels, sandwiches, something ethnic) Real estate office for freelance brokers Storage facilities Management office (real estate, accounting, office, international) Travel agency (best in niche - islands, cruises, specific countries, etc) Consignment shop (clothes, household items) Dollar store (mad profits) Take out cafe (standup tables only type of place) Coffee importers Home importers (best of country- oriented like India, Thailand/Burma, etc) Mattress discount store Electronics shop Cellular shop Dry cleaners Pet groomers To name a few. Have luck (and I want 2% consultants fee)! |
Boring answer, but why not invest back into what got you the original 100K?
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I get it, working from home doing internet shit can be boring af. I have made the mistake of buying myself a job in the past though, and figured out that's not for me. |
What about a coworking space? Rent a big space, set up a bunch of desks and offices, charge people monthly or dropin rates to also work there.
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Start your own drug gang . . .
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This. Everything else is a risk because of COVID. |
Some great ideas here. My friend is in the pet grooming and washing business in a medium-sized city. He is a dog person 100% so, even though, it is a good idea and profits are ok, it all depends on what you like and want to do in the first place, especially if you're going to go to work on a daily basis. I am saying don't think only about the financial aspect and go for something you don't really prefer doing.
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Open a cheap outdoor tent shop near Skid Row type areas.
Business will be booming soon. :Oh crap |
Doggy Daycare in an old warehouse. Ghost kitchen takeout/togo/delivery/catering. Liquor store.
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First, pay off any credit card debt. The interest rates on a credit card are going to be higher than almost any return on investment you make. Sounds like you may have already done this.
Diversify a bit, with 10% in precious metals as a fall back. I hate the idea of investing in the gold fad, but I don't know what the platinum market is like right now. Demand for rare earth magnets and lithium has been growing and will keep growing due to their use in mobile phones and electric cars. Keep an eye open if copper drops in price, then buy in. In 2010, copper shot up in price as the recovery from the recession began and demand for electronics increased. It actually performed better than gold. Utilities may be something to look in to. They were a safe bet before Enron. Demand for electricity will keep growing. |
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buy high end video cards and mine eth :))
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Looking at corona scenario, you can consider three business that have minimum cost.
a) Home Teaching. I don't think so schools will be normal now. You can make a group of 3 or 4 students (not more than this) and teach them subjects. b) Another job : Sewing. You can make mask at home, sell them in online shopping sites or retail store, correct ladies dresses, make new one for them. It can work. c) Astrology : With corona down, people will be more scared and may more consult astrologers, you can earn telling how their future will look like. The best part about these businesses it requires minimum investment. |
I would do something online. All these offline businesses after online look ridiculous.
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Coinbase IPO
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Then your job becomes reloading your portfolio stats every 30 seconds.
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Applebite Media would be a good investment. :winkwink:
Float 10k this way so I can finish my animation studio. :thumbsup Looking like I am going to need a beefier graphic card as well as the full body mocap... Always something. :Oh crap This is a ground floor opportunity... 1st come, 1st served :1orglaugh:1orglaugh |
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I would say property is really good and safe choice now.
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So many ideas, but I had in mind more like an online job, even If I had to do it from home. Can I buy into some job like this? Dog groomer is not my kind of a thing....lol :thumbsup
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Adult website starting now, with so much powerful competition you have 0 chance...
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Perhaps programming? A good programmer is incredibly hard to find...you know one that doesn't flake out. And worth their weight in gold. In 21 years, I've found 2 reliable programmers who did what they said they would do. One I have on a salaried amount of hours each month at 2100.00. If he had 10 people like me he's living an okay life. Photography is also another big paying job if you're good at it. You could invest in some marketing classes and you could learn to market websites, mainstream or adult. The possibilities are ENDLESS. What do you LIKE to do? |
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Imagine if people just stopped trying to become better than the last guy simply because the last guy was good? You can always improve a product or service and be better than the thousands before you. |
Social Media Marketing.. startup cost $0, just hashtags :winkwink:
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So not really somewhere to go then... |
Invest in some domain names or develop some of mine.
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So after I make the purchase, those same domains with a value of over 1k are now showing between 80.00 and 120.00 I actually bought these to develop so no biggie just thought that was funny as hell.... buying domains is like buying new cars... as soon as you take them off the lot, they loose most of their value. :1orglaugh:1orglaugh |
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Something using Cauliflower. That's going to be huge! If you start now, you are on the ground floor.
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Cannabis store!
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VR is growing fast.
You get much higher chances in growing industry |
Anybody here offers any buy in partnership on something promising online perhaps?
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Buying land in places like Nevada and Texas or even condos, has potential. At the moment, a lot of corporate investing is going into buying homes. If there's a place to buy in under $100k, it would be something to look in to. PS: Renting out has issues. I have a friend who is loosing her condo in San Diego because she can't collect rent due to covid. There were a lot of maintenance problems to boot. |
I just ordered 1000 of these
https://www.alibaba.com/product-deta...1615wgRcdR&s=p I intend on flipping them for 100-150 each via ebay and if they're anything like the masks I got last year.. I'll do it in hours. |
Face masks.. pretty sure they'll be around for a few years
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Why doesn't your friend use the covid forbearance on her mortgage? |
Collect another 100k and maybe it will be real estate in Panama. Good place for live. Or Costa Rica, where you can rent out your villa
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T-shirt business - set up a store front with the screen-printing in the back, and lends itself well to an online store and social media promotion.
It will really help if you have a snarky type of sense of humor that you can put into your designs. A guy I know has done this, and I get a comment every time I wear one of his shirts. You could also expand on it by getting a food-truck type of truck, but turn it into a mobile store you can drive to venues to sell your merchandise. |
we're less than a year away from a massive housing market crash that will make 2008 look like a practice exercise. (in the US)..
invest in coins, S&P, metals, and wait out the storm. you need something to do? get a gardening book and grow your own food. also, there's no money in porn. :2 cents: |
crypto trading would be great
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The people who freaked out that their mortgage was underwater and sold low or walked away had a very bad time. The developers who did not have the cushion to wait out the storm lost money. Pretty much everyone who held on to their 2008 real estate is better off today than they were then. |
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