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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 |
Fuck i wish i could live off my parents
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If I had $100,000, I could turn it into a $1 million dollar a month business in 12 months.
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There are much better ways to park your money.
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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. |
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Mind giving me some examples please? |
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Can you lead me and tell me what you would be doing? |
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123583718 |
Hold on, let me get a calculator
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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? |
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Try looking on your bank's website. |
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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 |
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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
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you're a layman, did you not take the compound interest seminar? - Seth |
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. |
with that kind of cash you would be wise to talk to a financial manager before you do anything.
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