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)
legsdiamond Member since May 05th 2011 79616 posts
Thu Oct-27-16 02:26 PM
1. "Trying to double your investment in 2 years is a quick flip" In response to Reply # 0
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.
**************** TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*
4. "are you tryna double in 2 years or get your investment back + in 2 years" In response to Reply # 0
aka turn a small profit?
-The Knicks’ coaching search still includes a lone frontrunner, Kurt Rambis, whose qualifications for the position include a strong relationship with Jackson and a willingness to take the job.
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.
legsdiamond Member since May 05th 2011 79616 posts
Thu Oct-27-16 03:15 PM
15. "Unless he plans on moving it's prolly the best investment" In response to Reply # 11
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.
**************** TBH the fact that you're even a mod here fits squarely within Jag's narrative of OK-sanctioned aggression, bullying, and toxicity. *shrug*
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