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Forum name | General Discussion |
Topic subject | What would you invest 15k into? |
Topic URL | http://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13087457 |
13087457, What would you invest 15k into? Posted by DJPoke, Thu Oct-27-16 02:21 PM
I have about 15k in savings I was stashing for a down payment on a crib. But I'm going to chill on that for a minute. I want to put atleast 10k into something that will make me money. I don't know shit about stocks and bonds and I'm not too fond of throwing that much into there. I'm not looking for a quick flip or anything. Just something that would make me the 10k back and then some within 2 years or so and continue to make it. Help me before I do some nigga shit like open a sneaker consignment shop. Also open to suggestions for education and licenses (i.e. real estate, IT certs, coding classes etc)
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13087460, Trying to double your investment in 2 years is a quick flip Posted by legsdiamond, Thu Oct-27-16 02:26 PM
Real estate or getting lucky on a stock seems like the only way to make 10K without doing any real work.
Prolly make more taking a coding class and hustling some projects.
How do you feel about bees? Deej was slinging honey and queen bees for 700 a queen
...or maybe you can trade up and get a dog with papers like on Atlanta.
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13087478, I was for real thinking about starting a kennel Posted by DJPoke, Thu Oct-27-16 02:44 PM
I don't have the property for it tho. I know some folk with land but I don't know if they can be trusted. Not trying to end up like Vick.
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13087462, molly and hookers Posted by Madvillain 626, Thu Oct-27-16 02:27 PM
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13087463, mutual fund or an RV, solar panels, dry goods, water, etc. Posted by Atillah Moor, Thu Oct-27-16 02:30 PM
you know - for after the election
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13087464, are you tryna double in 2 years or get your investment back + in 2 years Posted by Cenario, Thu Oct-27-16 02:31 PM
aka turn a small profit?
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13087473, Turn a small profit and have a steady stream of it hopefully Posted by DJPoke, Thu Oct-27-16 02:41 PM
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13087466, Wholesale reusable grocery bags Posted by PimpTrickGangstaClik, Thu Oct-27-16 02:32 PM
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13087470, Vanguard funds Posted by Eric B Is Prez, Thu Oct-27-16 02:36 PM
Something aggressive (mostly stocks, not bonds) will get you the highest return, assuming the market is healthy. But you won't turn $15K into $25K in the stock market that fast unless you're into something extremely risky, which means you'll just as likely lose it.
You should be very happy with a 10% return in the current climate.
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13087498, Yea I don't want to do that until I get to the point where losing 10k Posted by DJPoke, Thu Oct-27-16 03:04 PM
Won't hurt me
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13087484, Was also thinking about getting my dealers license Posted by DJPoke, Thu Oct-27-16 02:50 PM
And going to auctions flipping cars. That shit seems like such a headache tho. Don't know if I'm built for that.
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13087505, it is....it's a cool lil hustle and you can come up and make out Posted by ambient1, Thu Oct-27-16 03:08 PM
but definitely a headache
my man's used to do it back in the day and a bunch of younger dudes doin it now
if u gotta good mechanic or squad of mechanics then u can do ok
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13087492, Coding bootcamps are a pretty good value I think. Posted by Triptych, Thu Oct-27-16 02:58 PM
If you have the interest, I've seen a few folks switch careers and get 60-80k jobs after a 12-week intensive course with no previous experience.
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13087527, What course would you recommend? Posted by DJPoke, Thu Oct-27-16 03:30 PM
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13087614, AWS Amazon Web Services Posted by Kama7, Thu Oct-27-16 09:45 PM
.
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13087494, Why are you chilling on buying a crib? Posted by flipnile, Thu Oct-27-16 03:01 PM
Interest rates will probably only go up from here.
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13087516, Unless he plans on moving it's prolly the best investment Posted by legsdiamond, Thu Oct-27-16 03:15 PM
Especially if he finds a short sale or foreclosure.
Everyone at my job who rents is paying 1200 to 1400 a month. Those people could be in spots that have a mortgage of $900 dollars.
Of course there are other expenses but still. I been in my house 5 years and if I sold today I'm up 41%.
It's boring and he can't take the money and run in 2 years but ionno... that's money saved IMO.
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13087524, My job situation right now is sketch. Posted by DJPoke, Thu Oct-27-16 03:24 PM
Govt. Contractor and don't know if I'm staying on or if I even want to stay on for the next one because I might have to end up traveling.
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13087526, Oh, I feel you. I would not buy a house unless I was stable Posted by flipnile, Thu Oct-27-16 03:27 PM
As far as investments, maybe a higher-yielding savings account? Some are tiered, so you get better return rates for $5k, $10k, $20k, etc.
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13087509, I'm using 10 as my down payment on a house Posted by ambient1, Thu Oct-27-16 03:10 PM
the 5 I would save because I know that I would eventually need it ...for the house
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13087657, smart man. you definitely will, eventually. even if just to upgrade Posted by KiloMcG, Fri Oct-28-16 08:04 AM
some things.
>the 5 I would save because I know that I would eventually >need it ...for the house > >
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13087525, Hearing Aid Technology Posted by Hamsterline, Thu Oct-27-16 03:27 PM
With folks blasting their headphones we have a generation of people who will lose their hearing early.
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13087529, Lol u ain't lying Posted by DJPoke, Thu Oct-27-16 03:32 PM
Watch Beats start making I'm 10yrs
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13087570, and HA can be expensive. Shkreli it up boi!! Posted by infin8, Thu Oct-27-16 05:02 PM
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13087658, hell yeah they're expensive, especially the "no show" jawns. Posted by KiloMcG, Fri Oct-28-16 08:06 AM
my pops has some. fortunately for him he's got that good army/gov't retirement and coverage, otherwise it would cost him a grip for his hearing aids.
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13087666, Antique furniture is what EYE would do. Buy it low, refurb, flip it... Posted by FLUIDJ, Fri Oct-28-16 08:18 AM
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