Any investment fags in here that can tell me the best thing to invest $1000 (US) for a quick 6 months - 1 year profit? I know it's not much, but it's what i have right now to spare.
Any investment fags in here that can tell me the best thing to invest $1000...
Well, "traditional" investments probably won't be your best bet. So, I'd say try some retail arbitrage: buy something at a flea market or thrift store, "shine it up" somehow and resell on FB or ebay
Samefagging to bump.
So you think that'd actually be better than stocks or things of that nature?
Well, stocks are usually a longer term thing. You put it in a fund of some sort and then let it sit for 20 years. Day trading is no better than a casino unless you're really experienced and even then, an index fund will beat you 99% of the time.
If you had more, I'd suggest something in real estate, but even with that, you need to have a good strategy, network, and experience.
The only other thing I can think of is to buy a snowblower and charge for that service?
Okay, thanks. Real estate is what I'd eventually like to do but I clearly don't have that kind of cash right now.
high quality post
Buy a snowblower. You could double/triple your money in a few months since it's so snowy. There's no way you could do that in most investments.
It's actually a good idea. The problem is transporting it. I used to own a truck but only have a VW Passat now.
bitcoin has been getting pumped and dumped endlessly for the past year or so, if you want a quick buck then just buy the dip, just make sure to be able to recognize the best entry point, just look at the price chart nothing fancy
I'll look into buying that. Thanks. I've bought bitcoin many times but only in small quantities, usually under $100 intending to spend it right away.
True, was just a simple suggestion to get your mind working. Please understand that your TIME is worth more than what a small nest egg can generate.
Just to put things into perspective: For the "average worker", their basic "joe job" is equivalent to what at LEAST half a million dollars can generate and sometimes it's way more for skilled workers. But on the flip side, your time has income limits as well whereas investment income has no upper limit. So at much higher levels, investment income is the better way to go.
This is why I'm suggesting that you use your time first. Once your really busy and industrious, then you can see what your money can do.
where is the pricing chart tho??
fucking kek dumbass you sure are stupid
You just summarized my first semester of finance class
mind you that any investment with fast return is very risky so don't go thinking bitcoin is the perfect plan, listen to this user he knows what's best
how fucking stupid are you nigger?
Waste of time user. What are you expecting to acheive? Making $150 in a year if you do really really well and make a return of 15%? Stop wasting your time thinking about this, and think about how you can leaverage your skills/work ethic to accumulate more savings. Then you can start thinking about what to invest in.
buy chloroform, chains and a baseballbat
kidnap some whore, chain her in your basement and sell her holes to your friends. use baseballbat if she tries to escape.
you will make lots of money in the next 6month.
Part of the reason I'm looking into alternate ways to make money is because I have a weakened heart so I'm not working atm. I'm giving it time to heal from an incident that almost killed me. My doc said I should recover to normal.
i don't even have a bitcoin wallet but i have $30000 in cash i can invest. need help
Btw, I started working at 14 years old.
Financial planner here..
There is no "quick" anything if you have no experience in financial markets (trading). And putting 1k in only to pull it out in 6 months to a year is going to yield measly returns. Take some of the money and invest in books or online courses (udemy) dealing with fundamental analysis and technical analysis, then look at trading futures and forex markets.
Fair enough, but it is a waste of time to try to mess around with $1000. And dont get trapped into that bitcoin nonsense, you are not going to make anything that means anything. But you will probably lose money anyway.
Think about what you can do work wise. You dont have any capital, except youself. Even if you cannot do something physical/stressful. Work will bring you a much better bottom line in the same period.
I started investing that amount in an index fund through a broker.
I can make withdrawels only slightly slower then a regular bank account. I've put in between 50 and a 100 euro's every mond. Already made 180 on that 1200 euro investment.
Honestly just open a full service investment account. Day trading is casino play if you dont know what you're doing and those funds are solid. (In the netherlands of course. Maybe some US citizens can corroberate the USA experience?)
give it to me bro and I will invest it for you, will guarantee 15% return per annum, I was thaught like bernie madoff so you know I'm legit
Financial planner here
trading futures and forex markets.
don't listen to this kike he is a brokers spook
life in the usa is all about letting corporations ass rape you 24/7 365 days/year, especially banks and investment firms.
Terrible advice. Even if he managed to become a profitable trader, he wont for many months or more. He has a 1 year time line. And he will make nothing on $1000 anyway. For all that time input.
Was just gonna say do aggressive mutual fund.
Good job user!
Give me your banking details and I'll wire it right over. Also, send me a copy of your govt. issued ID so I can be sure of the details.
See the part where I said there is no "quick" anything.. illiterate faggot.
Right. One tip: if you're going for funds, one of the most important things to look at is the expense ratio. If that's too high, an otherwise good-looking fund can turn into a screwjob.
ill pay a hit mank and kill your mother
Shit return but guaranteed.
If you believe we are still in a bull market and trump won't fuck everything up, there you go.
The advice in this thread is mostly ridiculous. OP would seriously be better off forgetting about the $1000 that he will either lose some of, or make an insignificant return on. He would literally be better off taking the least stressful job he can find. Deliver pizzas or something. Or something that he can do given his health condition. Talking about how to invest $1000 like it means something is laughable. As for the financial planner, lol, he was probably advising Florida real estate in 2007.
my advice is the same, i tried stock market but you need a deep knowledge. And there are still too much random variables.
and then you went on to give terrible advice. actually terrible, clueless advice. you are not a financial planner, and if you are, you are a joke of one. do you actually give out advice of "spend some of your miniscule capital on a trading course then trade forex"? Fuck off.
Trips reveal the truth.
Implying I don't already have one.
on the wire a g pack of cocaine sold for $1000 but wholesaled for $400-$500 so you can double your money.
buy chloroform, chains and a baseballbat
That lot costs $1000? Them's some fancy chains, user. You treat your victims well.
i tried stock market but you need a deep knowledge
stocks are bullshit, the biggest winners aren't a group of finance PhDs but senators, not even bullshing you just look it up, nobody can predict the price of a stock, not even the biggest jew in israel
Honestly, even with nice chains, air conditioning, a nice meal plan, these ungrateful plebes will STILL have the unmitigated NERVE to complain about their captivity.
The industry is not like it used to be in the old days...
UK fag here.
Been looking to invest recently; possibly after the Brexit fiasco, assuming things will dip for a while and I can buy on an up-swing, preferably in things that don’t rely too heavily on European import.
I don’t have much, nor do I really know where to start.
Penny trading seems like I would be better off betting on horse-races.
I’ve been looking into Blue-Ribbon, and I’m fine with long-term investment, but reading this post, it just seems like a crock of shit and a waste of time.
options, futures and forex are the markets where he could leverage 1k into much more buying power. It's risky and you need to know what you're doing. That's why he suggested the OP fully educate himself. Everything he said was practical advice. You should probably get back to your 8th grade study hall.
An honest man just trying his best to make a living. I feel you, user, I feel you...
If OP is even still here, this is what you should do. If you dont/cant do some low status, low stress job like pizza delivery or similar, and you have your necessities taken care of like shelter and food, then spend your time learning a skill that interests you. If you are autist, you could learn coding, the obvious example. But something that interests you and that you can do something with. You can almost certainly learn something like that for free, at home. You probably are not going to learn enough to make any money in a year, but you are not going to make any money from your $1000 anyway. But use the time to build skills that you will be able to use later. If this is even a real thread that is.
This is a real thread and I'm OP, and it seems what you're saying really is my best bet. Like said earlier, learn about investing by reading. It seems a good time to invest in learning other things too. It just seems overwhelming at times but that's probably my neuroticism.
you are fucking clueless. his advice was laughable. he is going to piss his money away if he follows that advice. how much of that $1000 will be spend on a "course"? A course that will give him just enough knowledge to lose what remains of his few bucks. He is not going to become a profitable trader in under 9 months. And he is probably not going to become a profitable trader period.
Leaverage his remaining $500? And then what does he do one week later when he has lost it?
God you kids live in a fucking dream world. Utter morons.
It really does and it's a bit depressing, especially hearing about people that make millions on the stock market at 20 years old. I guess that's probably like .001% of people though.
If that's all you have the spare you don't need to be investing. Go check out Dave Ramsey's baby steps.
When I say "spare", I mean it won't kill me if I lose it. I've other money, just not to invest. I'll check that out though. Got it opened on youtube in another tab.
make millions on the stock market
literally doesn't happen, the only way you're going to make millions year by year is by putting 100 mill into the sp and then waiting, bam 1-5 % return per year and now you're actually pulling millions off the market
OP, you have nothing to invest. Why spend all that time, and it will be a lot of time, on learning something so specialist, and you may not have the aptitude for it anyway. Even if you become a great investor, what are you going to beat the indexes by? You might return 11% when the market returns 6%. So you are going to spend that time to make an extra 5% on your $1000. 50 bucks.
Forget investing, you dont have any captial. And you dont have enough capital to build capital with either. This may sound negative, but it is simply the truth. Almost all advice in this thread is nonsense.
op do you have a job/career to go back to after your recovery? if you do, just chill and do things that interest you and improve your relevant skills for when you go back. Or develop new skills if you are looking to change/work for yourself. if you dont have a job/career to go back to, the answer is the same, but without the chilling. You are not going to build capital by "investing" or "trading" $1000. If you dont lose it all, you will make an amount that is insignificant for the time investment. But you will very likely lose it. You have to do a proper job for a while Im afraid.
sums it up well
Only advise and then im getting the fuck out of here
Short term without selling weed ?
Ebay . An item for sale on a buy it now that you know is seasonal ( handy ) or popular to a degree with a firm fan base . Lets for argument sake call it a motorbike ... i could have said metal detector etc .
Find the model you know is ideal .
Look at buy it nows and also sold prices . When one crops up that is listed buy it now bellow what you see thats also advertised and getting bids above the BIN you know you have half a chance of making a few $$$£££eee
Turn up , offer 25% , cross fingers , haggle to 20% , buy it , take home , Fix the dumb shit , wash polish and get it back out there with the best pictures possible on an auction at the best possible time of year
Might make 400 ,,,, might be less . I cant tell you the exact thing to buy given i do not know any experience you may have .
Some people earn ok off buying from the cheap shit shops and flogging on ebay to people who live miles from these sorts of shops .... hard work , loads of juggling , need to make sure the margins are good and be sat on the investment for time ....
Cheers, user. *Raises pretend glass*
Thanks, user. I appreciate that and it sounds like a good idea.
But meth at wholesale price. Resell at full price and double your money in a week. Repeat.
Buy a pound of shitty cheap weed and highball some teenagers at your local highschool
A nephew asked me this same question over Thanksgiving.
I answered... "Pay down $1000 on your credit card and you'll save 22% interest on it."
That went over like a lead balloon.
If I were me, I'd buy a broken pickup truck and get it drivable. Then I can stalk the Craigslist free section for stuff I can fix and sell. I get lawnmowers for free, fix them and sell them in the spring for $25 each.
If you sell 1, you've matched the return on a T-Bill.
If you sell 2, you've matched the return on a CD.
If you sell 4, you've beaten most stock picker's returns.
... and you can sell the truck for what you've got in it at the end of the year.
Bicycles and treadmills too. Treadmills sell in January. Bicycles sell in spring.
Go check out Dave Ramsey's baby steps.
If you can get and fix a pressure washer you can make $50-100 per day doing decks and siding.
... If you have a working car or minivan now, you can buy a new *gas powered* pressure washer and do this for the best ROI.
Stocks are the rich guys' casino, what kind of freaking stupid questino is this? For it to work properly you need a hell lot of math and invest in bonds, not on the stock market itself.
where he could leverage 1k into much more buying power.
A new person jumping into Forex trading with only a grand would be off putting their money into lotto scratch-offs.
Yeah, especially with a mindset like that... - don't let shit like this limit your potential anons
I get some cash from a 1000$ investment, less or more, depend on the car, but OP can do like me, I buy used cars, with some work to do on it, I do it, and sell the car for more than I brought it.
1 Buy used car with mechanic you can do
2 Use tools and brain