Log in

View Full Version : What would you do?



aneel
03-15-2008, 02:44 PM
So I want to invest <$60k in a business... i know its not much to start/buy a business but thats all I have been given the opportunity to risk... I have been doing some research and I have a couple things in mind. Aside from that I just wanted to post this up to get an impression of what maybe some of you guys would do with that money.. Please leave out all counteractive comments =)

aneeL

imbosile
03-15-2008, 02:50 PM
I really have no idea what I would do, probably just save it.

umairejaz
03-15-2008, 02:55 PM
Come up with an idea first. Research it to make sure it will work. Go into a joint venture through private shareholders as an llc or just borrow the money you need.

Ruststang
03-15-2008, 07:07 PM
My brother is looking for a partner to open his well researched idea pm and ill see if he is interested in it.

TIGERJC
03-15-2008, 10:39 PM
I would invest 40k of it and use the other 20k as start up money for your business.

Since the economy is tanking, I would get into section 8 housing. Just make sure to remodel the interior a little bit so that u can add another room or two.

aneel
03-15-2008, 11:50 PM
My brother is looking for a partner to open his well researched idea pm and ill see if he is interested in it.

pmed :cheers:

aneeL

japan4racing
03-16-2008, 01:21 AM
cocain and hookers

ksniperfox
03-16-2008, 09:20 AM
how are you 21 and have anything near 60k to invest? i know there are loans and whatnot, but what else? did you inherit something?


-not counteractive, but not productive. lolz.

aaronfelipe
03-16-2008, 09:33 AM
how are you 21 and have anything near 60k to invest? i know there are loans and whatnot, but what else? did you inherit something?


-not counteractive, but not productive. lolz.

It is money that has been entrusted to him. Probably by a family member. I'm up for it if you need some help in the future Aneel.

AnTi-PooN
03-16-2008, 10:29 AM
i would invest it intoo a roth IRA, by the time you retire you will be a millionare

aneel
03-16-2008, 02:38 PM
how are you 21 and have anything near 60k to invest? i know there are loans and whatnot, but what else? did you inherit something?


-not counteractive, but not productive. lolz.

thanks aaron.. yes it is money that i have been entrusted with from my dad.. a little less then $10k is mine..

aNeeL