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Chaldoray 11-04-2004 07:04 PM

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

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
:Graucho :Graucho

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
:1orglaugh

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? :1orglaugh 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.


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