What would you do with $20,000.00?

[hoyaguru]

It takes money to make money. What would you do with $20,000.00 cash to make more money?

 

[nageov3t]

I'd probably use it for grad school.

 

[MyThirdEye]

Buy coin operated washer and dryer machines, set them up in secluded apartment complexes far away from a laundry mat. Charge $.50-$1.00 per wash.

 

[alien42]

add it to my brokerage account and invest.

 

[Platypus]

Down payment on a new place w/ a completely soundproofed room for cranking the fuck out of my guitar amps

 

[ConstipatedVigilante]

Hmmmm...I might put it in a savings account, wait til I'm out of grad school, then start my own business or invest it.

 

[xanis]

Put most in a savings account and invest the rest.

 

[Engineer]

Originally posted by: alien42
add it to my brokerage account and invest.

 

[adairusmc]

Buy a new ATV. My arctic cat m1000 is kind of useless in the summer.

 

[The Boston Dangler]

pay off cc debt. maybe pay off the car with the rest, maybe put it into an ING accout.

 

[hoyaguru]

Originally posted by: The Boston Dangler
pay off cc debt. maybe pay off the car with the rest, maybe put it into an ING accout.

ING is at about 4.5% interest I think, which comes to about $900 a year, I'm talking about making some good money quick. Best I cna think of is a downpayment on a crap house, fix it up, and re-sell it, but the market sucks right now.

 

[BrokenVisage]

$20,000 on black, spin that wheel!

 

[RichUK]

Buy stuff.

 

[K1052]

Pay off the second line on my house.

 

[JS80]

Buy stocks.

 

[compuwiz1]

I'd buy a few used cars at wholesale, detail them up and resell at profit.

 

[echow87]

buy stuff and resell~ stocks sounds good too.

 

[evident]

pay off car, it makes hte most sense to use to pay off consumer type loans and cc debt. those interest rates are going to be > 6% or at 6% if you have a good rating, whereas savings will only get you around 4-5% for the most part

 

[Jadow]

I'd buy a good overseas stock index fund.

 

[Orsorum]

Invest, invest, invest.

 

[Epic Fail]

OP is working for IRS, you are all busted for not paying Uncle Sam.

 

[Skeeedunt]

Originally posted by: hoyaguru

Originally posted by: The Boston Dangler
pay off cc debt. maybe pay off the car with the rest, maybe put it into an ING accout.

ING is at about 4.5% interest I think, which comes to about $900 a year, I'm talking about making some good money quick. Best I cna think of is a downpayment on a crap house, fix it up, and re-sell it, but the market sucks right now.

GEORGE: Maybe I'll go down to the track. Put it all on a horse...
JERRY: Why don't you put it in the *bank*?
GEORGE: The *bank*? This is *found* money. I want to *parlay* it. I wanna make a big score!
JERRY: *Oh*, you mean you wanna *lose* it...

 

[Engineer]

'''''

 

[alien42]

Originally posted by: Engineer

Originally posted by: hoyaguru

Originally posted by: The Boston Dangler
pay off cc debt. maybe pay off the car with the rest, maybe put it into an ING accout.

ING is at about 4.5% interest I think, which comes to about $900 a year, I'm talking about making some good money quick. Best I cna think of is a downpayment on a crap house, fix it up, and re-sell it, but the market sucks right now.

Here's the advise that AnonymousUser gave me last year. Invest it in FRPT (Force Protection Industries) and let it run. It was $17 per share in January and now is at $24 (range of $13.99 to $31+ since that time). New government money (4 to 5 times more than expected) going toward that area of defense and company is growing and expanding like crazy. Of course, do your own research, YMMV and good luck!

i remember when FRPT was under $2. i am not saying that there is not more money to be made with FRPT but there are other OTC companies out there that will provide the same type return that FRPT already has.

 

[Engineer]

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