If you had $20,000 cash lying around...

[guerilla]

Use it to fund a 3 month trip to Asia, South America and Africa.

 

[Jinxus]

Use it to fund a 3 month trip to Asia, South America and Africa.

you telling me invest in blood diamonds and blow?

 

[Cigar]

>showed him some of the projects I've been working on including business plan
>deletes me

Well, fuck you too.

 

[Esquire]

Turn your funds over to a hard money real estate lender. In my neck of the woods, 1%/month is a typical return...choose the lender carefully though.

 

[jstover77]

Buy an existing online business that is poorly managed, not marketed correctly, and has potential for growth. There are tons of them on sites like Flippa, and other broker sites.

 

[music4mic]

you telling me invest in blood diamonds and blow?

go to colombia, sell uncut coke on SR, profit. ezpz

 

[dmnEPC]

this thread is a strong indicator of the few entraprauners left on WF. There is 1 and only 1 answer for a buisness owner, plow every penny back into your buisness. OP if you want ot double your money find something people want to buy and sell it to them

 

[mattseh]

Use it to fund a 3 month trip to Asia, South America and Africa.

For $20k that's be pretty extravagant.

 

[JovanniG]

I would save about 20% and the other 80% I would invest right back into my business. I would spend it on media buying/ advertising. This would allow me to continue to scale up. With the profits from that effort I would then rinse and repeat. $$$$$

 

[Achilles-]

Invest in PRODUCT or MARKETING. Track PROFITABILITY so you know where you'll get the most leverage in your business.

 

[Zaino]

If its taken you more then 6 months to save it then put it back in your business assuming you have faith in yourself. If it took you a month or 2 to save it, then go buy a cool car that you can restore and possibly flip for a profit. If nothing else you restored something, made something cool again, laid some rubber, and maybe got a chuckle somehwere along the way.

 

[guerilla]

For $20k that's be pretty extravagant.

I travel in style.

 

[MSTeacher]

Use it to fund a 3 month trip to Asia, South America and Africa.

That's exactly what I'm doing in six months :thumbsup:

 

[guerilla]

That's exactly what I'm doing in six months :thumbsup:

Nice.

Seriously folks, invest in yourself.

 

[vipervin]

I have $25k in lendingclub. My ROI is 18% so far, but it's sure to fall a bit once I get some defaults.

Solid returns.

 

[Veritas]

If you have any debt, pay everything off, including your car, after that, buy some premium domains, and develop sites, and roll with it

 

[greenleaves]

Solid returns.

If he hasn't obtained his initial capital back (implied by his post) that is actually a -82% ROI.


People love to think highly of their investments, so they lie to themselves about the reality.

Like so many gay webmasters or gamblers or stock traders who say "I made/won $xxxxx today" while omitting the $xxxxxx spent to achieve that 'earning'. For the most part, investment is a wealth preservation action; not a way wealth generation (there are exceptions)

 

[Johnathan]

If you have any debt, pay everything off, including your car, after that, buy some premium domains, and develop sites, and roll with it

I agree with this. You can't go wrong with a few, solid keyword domains and right now Flippa has many for sale between 3 - 10k, perfect opportunity.

I believe wallstreet.info and a handful of other premium .info domains are for sale. Sell some links and throw up some ads, maybe add a few affiliate revenue-streams into the mix and you'll have something flippable in a few months.

 

[BeerNuts]

Invest in Bitcoins.

 

[Rusky]

I would invest in two of these and some coke.