If you had 300-400k to invest, where would it go??

[b0mbrman]

Originally posted by: BustaBust
Did I mention it will be cash? 🙂

What else would it be? 🙂

 

[TitanDiddly]

A home.

 

[LordSnailz]

Originally posted by: KEV1N
40% Some rental properties in "upper lower class" areas
40% A business
10% Something liquid, e.g. mutual fund, stocks (gambling!)
10% Donate to charity

400K is not enough to split it among all those things, may rental and something liquid.

 

[Actaeon]

Two nice houses and a nice car. Rent one house out, live in the other, drive the car while maintaining a regular job.

Regular job + rented house = Decent Income. I have a place to live, and a car to drive.

EDIT: Or try to start up my own franchise business (Auntie Annes, McD, etc)

 

[BustaBust]

How old would you say most of us are here?

"Needs" are different amongst the various ages, correct?

 

[JonnyStarks]

Lottery tickets.

 

[everman]

There is no one answer for everyone. Personally I would go with some longer term investments. I'd definitly look into buying some land, but I wouldn't put it all in there. I'd want to keep some more liquid, lower risk.

 

[MustangSVT]

Ill use that chump change on a new Ferrari and live like a gangsta~.

GGGGG unit!

 

[shimsham]

real estate

 

[MustangSVT]

I will invest it in HOES.

in different area~ codes~

 

[BustaBust]

There was a new mall being built in our area and the land owner offered 4 and half acres for 40k.
That would have generated it's own income most definitely, but my dad did not fall in 🙁

 

[imported_Phil]

Originally posted by: Schrodinger
Buy a house and leverage it for more houses in university areas. Finish the basements off, and make it so there are 6 rooms, 3 per floor (on a raised bungalow at least). Rent out 6 rooms in each home for $425 CAN to students. Do this with a few homes. 🙂

Exactly what I was going to post. Smart man.

 

[b0mbrman]

Originally posted by: Dopefiend

Originally posted by: Schrodinger
Buy a house and leverage it for more houses in university areas. Finish the basements off, and make it so there are 6 rooms, 3 per floor (on a raised bungalow at least). Rent out 6 rooms in each home for $425 CAN to students. Do this with a few homes. 🙂

Exactly what I was going to post. Smart man.

Is there any particular reason you'd buy a house and convert it instead of just buying an apartment building with as many units?

 

[KoolDrew]

I am only 15 so I probally wouldn't spend it on much. I would spend 5k on a PC and buy a car.

 

[KeyserSoze]

I think he just said Invest, now how would you spend it, that's two different things.

If you're looking for pure investment, a car is a TERRIBLE idea.

House/Property as everyone else is suggesting.




KeyserSoze

 

[Quasmo]

I'd put it in my pocket and walk around central park at night time...

 

[BustaBust]

So Quasmo, you would invest in a mugging then? 🙂

 

I'd buy a nice condo on the top floor of a high rise here in Ann Arbor, and rent it out to rich students for $3000/mo...or rather, their parents. 🙂

 

[bsobel]

Originally posted by: BustaBust
Where, how?

Invest for what? Long term growth (e.g. how soon do I need that money back) or on going cash flow (e.g. is that 400k all I have and I need to live off of it from this day forward?)

 

[FortFunFoSho]

Originally posted by: KEV1N
40% Some rental properties in "upper lower class" areas
40% A business
10% Something liquid, e.g. mutual fund, stocks (gambling!)
10% Donate to charity

this is the winnar.

 

[mwtgg]

I would invest half of it in glorious mutual funds and take the other half over to my friend Asadulah who works in securities and...

 

[vi edit]

Buy into a franchise and open the first store...or buy out the ownership of someone else that wants out of a franchise.

 

[GroundZero]

govenment cheese

 

[cHeeZeFacTory]

A house. I don't know why someone said car.