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Lobby General Discussion topic #13087457

Subject: "What would you invest 15k into?" Previous topic | Next topic
DJPoke
Member since May 14th 2008
1285 posts
Thu Oct-27-16 02:21 PM

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"What would you invest 15k into?"


  

          

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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Topic Outline
Subject Author Message Date ID
Trying to double your investment in 2 years is a quick flip
Oct 27th 2016
1
I was for real thinking about starting a kennel
Oct 27th 2016
8
molly and hookers
Oct 27th 2016
2
mutual fund or an RV, solar panels, dry goods, water, etc.
Oct 27th 2016
3
are you tryna double in 2 years or get your investment back + in 2 years
Oct 27th 2016
4
Turn a small profit and have a steady stream of it hopefully
Oct 27th 2016
7
Wholesale reusable grocery bags
Oct 27th 2016
5
Vanguard funds
Oct 27th 2016
6
Yea I don't want to do that until I get to the point where losing 10k
Oct 27th 2016
12
Was also thinking about getting my dealers license
Oct 27th 2016
9
it is....it's a cool lil hustle and you can come up and make out
Oct 27th 2016
13
Coding bootcamps are a pretty good value I think.
Oct 27th 2016
10
What course would you recommend?
Oct 27th 2016
19
      AWS Amazon Web Services
Oct 27th 2016
22
Why are you chilling on buying a crib?
Oct 27th 2016
11
Unless he plans on moving it's prolly the best investment
Oct 27th 2016
15
My job situation right now is sketch.
Oct 27th 2016
16
      Oh, I feel you. I would not buy a house unless I was stable
Oct 27th 2016
18
I'm using 10 as my down payment on a house
Oct 27th 2016
14
smart man. you definitely will, eventually. even if just to upgrade
Oct 28th 2016
23
Hearing Aid Technology
Oct 27th 2016
17
Lol u ain't lying
Oct 27th 2016
20
and HA can be expensive. Shkreli it up boi!!
Oct 27th 2016
21
      hell yeah they're expensive, especially the "no show" jawns.
Oct 28th 2016
24
Antique furniture is what EYE would do. Buy it low, refurb, flip it...
Oct 28th 2016
25

legsdiamond
Member since May 05th 2011
69223 posts
Thu Oct-27-16 02:26 PM

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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*

  

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DJPoke
Member since May 14th 2008
1285 posts
Thu Oct-27-16 02:44 PM

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8. "I was for real thinking about starting a kennel"
In response to Reply # 1


  

          

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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Madvillain 626
Member since Apr 25th 2006
10018 posts
Thu Oct-27-16 02:27 PM

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2. "molly and hookers"
In response to Reply # 0


  

          

-------------------------------
If life is stupendous one cannot also demand that it should be easy. - Robert Musil

  

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Atillah Moor
Member since Sep 05th 2013
13825 posts
Thu Oct-27-16 02:30 PM

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3. "mutual fund or an RV, solar panels, dry goods, water, etc."
In response to Reply # 0
Thu Oct-27-16 02:32 PM by Atillah Moor

  

          

you know - for after the election

  

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Cenario
Member since Aug 24th 2005
57156 posts
Thu Oct-27-16 02:31 PM

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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.

  

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DJPoke
Member since May 14th 2008
1285 posts
Thu Oct-27-16 02:41 PM

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7. "Turn a small profit and have a steady stream of it hopefully "
In response to Reply # 4


  

          

  

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PimpTrickGangstaClik
Member since Oct 06th 2005
15231 posts
Thu Oct-27-16 02:32 PM

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5. "Wholesale reusable grocery bags"
In response to Reply # 0


  

          

_______________________________________
You ain't the only one whose got problems. You ain't the only one who knows pain. Get up off your ass and just solve them. You still got a chance to try to change, try the shit again.
Devin tha Dude

  

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Eric B Is Prez
Member since Nov 08th 2005
4976 posts
Thu Oct-27-16 02:36 PM

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6. "Vanguard funds"
In response to Reply # 0


  

          

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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DJPoke
Member since May 14th 2008
1285 posts
Thu Oct-27-16 03:04 PM

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12. "Yea I don't want to do that until I get to the point where losing 10k "
In response to Reply # 6
Thu Oct-27-16 03:05 PM by DJPoke

  

          

Won't hurt me

  

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DJPoke
Member since May 14th 2008
1285 posts
Thu Oct-27-16 02:50 PM

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9. "Was also thinking about getting my dealers license"
In response to Reply # 0


  

          

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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ambient1
Member since May 23rd 2007
41077 posts
Thu Oct-27-16 03:08 PM

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13. "it is....it's a cool lil hustle and you can come up and make out"
In response to Reply # 9


  

          

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

=======================================
Coolin...

  

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Triptych
Charter member
29921 posts
Thu Oct-27-16 02:58 PM

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10. "Coding bootcamps are a pretty good value I think."
In response to Reply # 0


  

          

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.

____________________________

http://twitter.com/irefox
http://stackoverflow.com/users/43089/triptych
http://github.com/djtriptych

  

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DJPoke
Member since May 14th 2008
1285 posts
Thu Oct-27-16 03:30 PM

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19. "What course would you recommend?"
In response to Reply # 10


  

          

  

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Kama7
Member since Mar 11th 2005
1448 posts
Thu Oct-27-16 09:45 PM

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22. "AWS Amazon Web Services"
In response to Reply # 19
Thu Oct-27-16 09:46 PM by Kama7

  

          

.

  

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flipnile
Member since Nov 05th 2003
12959 posts
Thu Oct-27-16 03:01 PM

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11. "Why are you chilling on buying a crib?"
In response to Reply # 0


          

Interest rates will probably only go up from here.

  

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legsdiamond
Member since May 05th 2011
69223 posts
Thu Oct-27-16 03:15 PM

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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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DJPoke
Member since May 14th 2008
1285 posts
Thu Oct-27-16 03:24 PM

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16. "My job situation right now is sketch."
In response to Reply # 11


  

          

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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flipnile
Member since Nov 05th 2003
12959 posts
Thu Oct-27-16 03:27 PM

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18. "Oh, I feel you. I would not buy a house unless I was stable"
In response to Reply # 16


          

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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ambient1
Member since May 23rd 2007
41077 posts
Thu Oct-27-16 03:10 PM

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14. "I'm using 10 as my down payment on a house"
In response to Reply # 0


  

          

the 5 I would save because I know that I would eventually need it ...for the house

=======================================
Coolin...

  

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KiloMcG
Member since Jan 01st 2008
27463 posts
Fri Oct-28-16 08:04 AM

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23. "smart man. you definitely will, eventually. even if just to upgrade"
In response to Reply # 14


  

          

some things.


>the 5 I would save because I know that I would eventually
>need it ...for the house
>
>

  

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Hamsterline
Charter member
4004 posts
Thu Oct-27-16 03:27 PM

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17. "Hearing Aid Technology"
In response to Reply # 0


  

          

With folks blasting their headphones we have a generation of people who will lose their hearing early.

_________________________
"no manure, no magic"

  

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DJPoke
Member since May 14th 2008
1285 posts
Thu Oct-27-16 03:32 PM

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20. "Lol u ain't lying"
In response to Reply # 17


  

          

Watch Beats start making I'm 10yrs

  

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infin8
Charter member
10265 posts
Thu Oct-27-16 05:02 PM

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21. "and HA can be expensive. Shkreli it up boi!!"
In response to Reply # 17


  

          

IG: amadu_me

"...Whateva, man..." (c) Redman

  

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KiloMcG
Member since Jan 01st 2008
27463 posts
Fri Oct-28-16 08:06 AM

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24. "hell yeah they're expensive, especially the "no show" jawns."
In response to Reply # 21


  

          

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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FLUIDJ
Member since Sep 18th 2002
43452 posts
Fri Oct-28-16 08:18 AM

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25. "Antique furniture is what EYE would do. Buy it low, refurb, flip it..."
In response to Reply # 0


  

          

  

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