investment 10,000$

[truthistruth]

not stock market
Any small business investment,partnership etc
ideas for investment,growth,residual income ?

 

[Gaucho]

Some books on investment, so you don't ask questions like that.

Your only real options are stocks/options/bonds.

 

[Levex]

Add some more dough to that 10k and open a liquor store.

 

[mpimpin]

How is that his only real option?

I turned a few thousand into a profitable venture generating that much profit every couple months.

I recently talked to a local business owner who operates an indoor go kart/paintball/video game place that is offering partnership type packages for as little as $1000. Benefits included unlimited use of the facilities and more then likely doubling that as a return or reinvestment in 8-12 months.

I'm considering buying in. Lawyers are ironing out the details.



My point is there are other options out there. If your interested investing in a small business for a share search local area forums, and/or talk to others in your area.

Loans are harder to come by these days and many small business owners are looking for partners and investors.

Just make sure you have everything in a legally binding contract.

Personally I'd buy up a bit of the market as its down right now, precious metals, and look at Vanguard's Roth IRA as a start to a retirement fund. Always keep some cash in an account for emergencies as well

 

[mpimpin]

Add some more dough to that 10k and open a liquor store.

Not a bad idea. Seems like a profitable venture if you monitor and obey laws.

College towns are excellent locations!

Our homecoming weekend one of our four liquor stores pulled in 30K in revenue. Not a very large town either

 

[Evzone]

I wouldn't write off the stock market entirely; 2008 was a bizarre year, and crises on this scale are very rare. This was a perfect storm.

I say what you should do depends on your skill as an investor...you're in the right direction by asking around. Investopedia is a really good resource. If you're not sure what to do yet, at the very least get a certificate of deposit or something to park your money in until you can plan out a portfolio.

mpimpin was talking about entrepreneurial investments, and these really can turn out some huge money. Keep in mind though that there is no such thing as a risk-free investment (except for US government treasury bonds, because worst case scenario the government can just print money to pay its debt off Zimbabwe style). Always do your research, and there are lots of opportunities out there that aren't just in the financial markets, but I wouldn't write off the financial markets entirely because of this year's crisis. In fact, there are a lot of solid companies out there that have had their share prices beaten up just because they've gotten taken down with the herd (hedge funds and mutual funds all selling at once) and not because anything fundamentally changed in their company for the worse. Probably 6-12 months out, these stocks are going to go back up, and maybe fast if the hedge funds and mutual funds all get back in quickly.

 

[horaholic]

I know someone who bought a few vending machines, and claims to make two grand a month part time, going around every few days and stocking them, and collecting money. I was looking into it myself, but I dont have the capital to get started. Something thats taking off right now is energy drink vending machines.

 

[Gaucho]

wouldn't write off the financial markets entirely because of this year's crisis. In fact, there are a lot of solid companies out there that have had their share prices beaten up just because they've gotten taken down with the herd (hedge funds and mutual funds all selling at once) and not because anything fundamentally changed in their company for the worse. Probably 6-12 months out, these stocks are going to go back up, and maybe fast if the hedge funds and mutual funds all get back in quickly.

lol, like that WutangFinancial kid, who was about to start his own hedge fund, then got offered a prop job, then got offered several prop jobs, but had absolutely NO CLUE about making money trading.

The markets aren't going back to where they were in a LONG LONG time.

If companies like GM and Citi go down, there are going to be MASSIVE ramifications.

Global crisis? You bet ya!

Actually, the vending machine example above is viable.

 

[LowPlainsDrifter]

Too bad you want to exclude the stock market... buying some broad-market ETFs might not be a bad way to "buy low." Our economy has to recover eventually, it's just a matter of when.

To address non-stock market investments:

I've done well with an investment vehicle called "Apple Hospitality" REITS, which are a proprietary investment from David Lerner.
They DO NOT borrow funds from banks, etc. They pool investors' money and purchase (and then manage) extended-stay hotels, which have traditionally higher occupancy rates than traditional transient hotels.
They claim to pay out 8% a year... so far, I've never received less than that - in fact one program raised their rate to 8.2%. There doesn't seem to be much risk to principal - if their properties don't do well, they just lower the rate of return.
As a bonus, they liquidate the properties after a few years and the investors receive a distribution from the liquidation, which raises the total return even higher.
Don't put all of your eggs in one basket - diversify. But so far, the Apple Hospitality program(s) have returned well for me.

 

[OzyBoy]

2009 might be a good year for buying shares at low prices. Although i'm not doing anything yet (just thinking about it) just in case things get worse than what they already are.

 

[e-lie]

U can do network marketing or buy raw land try landauction.com or buy tax leins
.I know people who do carboncopypro.com u have options.

 

[thedeparted]

10k won't make you much in the market even if you do well. A 20% return will be 2 grand. So what.

But put that 10k into the right business and it will make you that much a month down the road. Nothing returns profits on nothing like starting a venture of some sort.

Go for something that always does well but might be under-served. Pizza. Sex. Guns. Drugs. Gambling. Cigarettes. Candy. That shlt always sells. Stick with whatever is legal and find a slightly new angle to serve it up and you are golden.

For example, in middle school I sold candy between classes. My markup was 100%. I bought it for $1 and sold it for $2. I was loaded and it wasn't illegal. I just had to give some freebies to the right friends to keep off the thugs. Real life is just like middle school. Good luck.