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$10k To Invest?!

K1

Blue-Eyed Devil
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For you ballers for some serious discussion (obviously $10k is nothing serious for the high-rollers in the room but...fuck you, learn me anyways ):

If you had $10k to invest today, what would you throw it on and why?!

I've blown through so much money over the years and I've ALWAYS said, I should invest in something...Shit like netflix (when it started dropping when they were cutting the stream and dvd packages in half and then blew back up right after all the huffing and puffing from customers (because none of us ever cut our service like we said we were going to lol)...Or when BTC was low, or now with ETH and Ripple...But I've never followed through with any of it.

Shit like that has never been one of my strong points...Not the losing the money because that's all most of us ever do is make money and lose money, every single week. I think it's more of you have to have a vision to see things in that view (the entire world is just a business opportunity, which it is):

But I figured a good serious up-to-date discussion, picking through the heads of you guys that thrive in that environment and know how shit works.
 
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Im not that well versed in investing.

That said, I might buy some silver since I saw it supposed to go up, which technically isnt an investment,its more for security, but if silver is 16 an ounce when you buy it, raises to 60 , and you cash it out and make on it that if you had 10,000 worth, you could come out with 20 extra thousand.Its called capital gains. House flippers do it as well

The real money is in real estate cashflow
 
I would always diversify... but if I was a gambling man.... I don't see BTC growth stopping anytime soon. Digital currency is the future I'm afraid, which digital currency is anyone's guess though...
 
I can buy a small business in Romania for about 10,000 Euros. That is what I put it in, something that will make me far more than my original investment. I will give you an example: My original investment in my business 12 years ago was 100,000. I make that plus now every year. Not for everyone, because business is hard to do for most.
 
I have some money in the stock market but the majority of it goes to acquiring real estate. I have rentals, I flip houses, and owner finance them. Real estate can be extremely profitable if you know what you are doing.
If you don't know what you are doing sometimes home builders or flippers need money guys so they can build/purchase more when they lack the capital or lines of credit.

Where do you live?
 
The S&P 500 is always a fairly solid choice. It gives good returns over and extended period. If you like to gamble you can put your money into one area but there is risk. Studies show that about 75% of the time stock brokers can"t beat the S&P 500. I go by historical trends. In the last 10 years I have made almost enough money in the markets to retire on.
 
u could donate to the little slice anti bullying foundation :sta;-wars
 
I have some money in the stock market but the majority of it goes to acquiring real estate. I have rentals, I flip houses, and owner finance them. Real estate can be extremely profitable if you know what you are doing.
If you don't know what you are doing sometimes home builders or flippers need money guys so they can build/purchase more when they lack the capital or lines of credit.

Where do you live?

Lene what state are you in?
 
Buy shares in Facebook, Alphabet, Apple and Amazon.
 
i wouldnt touch netflix at todays prices... amazon and other free stream methods a that are becoming mainstream will begin to slowly cut out netflix. does anyone still do netflix rent dvds still????
amazon will begin to just outbid netflix for content and its game over.
 
I would put 5500.00 in a Roth ira and if you have a spouse drop the rest in hers. Investments Can be tricky and a Roth is more to my likings.

Sent from my SAMSUNG-SGH-I337 using Tapatalk
 
Following. We've been putting all our money toward real estate. In our area it is a solid investment as we are contractors that are capable of the work and I personally know many contractors that do work I cannot do that are more than happy for extra work.
 
I have some money in the stock market but the majority of it goes to acquiring real estate. I have rentals, I flip houses, and owner finance them. Real estate can be extremely profitable if you know what you are doing.
If you don't know what you are doing sometimes home builders or flippers need money guys so they can build/purchase more when they lack the capital or lines of credit.

Where do you live?

I've thought about getting into real estate many times myself, but I'm not a contractor and don't know a damn thing about electricity. I see a lot of houses up for auction all the time in my area. Is there a book/site you can recommend about gaining more knowledge with flipping houses?
 
Im interested in this as well. I almost bought a rental 2 years ago but realized other know so much more than I do about this. I was unprepaired.
 
guns...they very rarely go down in price

I bought an SKS in early 2000 for about $150 bucks now good luck finding one for less than $400-$500
 
Most in mutual funds...

Some in Precious metals...

Some in crypto currency...

Guns and ammo as well.

Next step is Real Estate endevours...

Like to be well balanced...
 
I've thought about getting into real estate many times myself, but I'm not a contractor and don't know a damn thing about electricity. I see a lot of houses up for auction all the time in my area. Is there a book/site you can recommend about gaining more knowledge with flipping houses?

The millionare real estate investor by Gary Keller.
 
I purchased two home, one in 1995 and another in 2012, first place I rented for a couple of years, hated being a landlord, laws are on the renters side. Made 6 figure profit on both properties. I am mostly in the stock market right now, I have a 7 figure portfolio now and doing well. I have been cutting back as I see the housing market and the stock market getting lofty so I am now sitting on about 600K in cash until the market cools down.
With $10K, if you are looking to invest now, someone suggested the S&P, there is a tracking stock (SPY) that trades with the S&P, paying nice dividends along the way, I have owned it in the past. Good way to diversify while being in some good companies.
 

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