I've got $150k and want to make millions. Ideas?

[EyeCyoo]

I have $150,000 available to me, I already have my own house, I work in a bank (and understand investing very well). I'm in my early 20's.

I know I can get an average of around 10% pa return if I invest in a specific share portfolio (which I have access too), but I want to think outside the box and see what also is possible.

I don?t want to screw up this opportunity to possibly make it rich, and getting 10% pa return on these funds isn?t going to be anything at all like what want.

I've thought about spending some serious hours coming up with a new business idea, most self made millionaires are entrepreneurs that started their own business with a new good or service.

Real estate is an option... you can get a 10%pa return on property, which is not what I'm after... but you can get a lot more if you renovate or expand. To buy another house would see me paying big loan costs which I would rather not do right now.

[diamana73x]

invest it in exxon

[Cookies_Galore]

I have $150,000 available to me, I already have my own house, I work in a bank (and understand investing very well). I'm in my early 20's.

Do I have potential?

seriously tho i have no idea, i hear stuff like gold can be a pretty good investment, dont pay tax on it either (may be wrong though).

[Brasmonky]

get a life

[SightSeeker]

Good job consulting the misc section. I'd listen to whatever they say and do it.

[pheny]

Read Rich Dad Poor Dad, if you haven't already.

[JohnGalt]

Here is what I would have done.

Pay off my mortgage, or if no mortgage, buy a 2nd house. If no 1st house, than buy a 1st house. Than work and save as much as possible while investing into some nice Bonds, and Mutual funds with lower risk/lower return. After all of that, sell one of your properties, (The one that made you least amount of money) and cash out and buy some 5,10,20 year bonds. Retire at 55, and your basically finished.

If you try and become a millionare, your gonna end up flat broke and on your ass. You can't spell right, how do you expect to make any right investment choices?

[thecut]

I have $150,000 available to me, I already have my own house, I work in a bank (and understand investing very well). I'm in my early 20's.

I know I can get an average of around 10% pa return if I invest in a specific share portfolio (which I have access too), but I want to think outside the box and see what also is possible.

I don?t want to screw up this opportunity to possibly make it rich, and getting 10% pa return on these funds isn?t going to be anything at all like what want.

I've thought about spending some serious hours coming up with a new business idea, most self made millionaires are entrepreneurs that started their own business with a new good or service.

Real estate is an option... you can get a 10%pa return on property, which is not what I'm after... but you can get a lot more if you renovate or expand. To buy another house would see me paying big loan costs which I would rather not do right now.

If you know anything about stocks its a good idea to keep your eye on the market, watch whats happening, you might find some good bargins, the market took quite a beating a couple days ago

[Wendel_Clark_17]

I suggest investing your money in smuggling gold out of Nigeria. It's a fool proof plan.

[Super Man]

bet on black

(no kramer)

[House72]

I have $150,000 available to me, I already have my own house, I work in a bank (and understand investing very well). I'm in my early 20's.

I know I can get an average of around 10% pa return if I invest in a specific share portfolio (which I have access too), but I want to think outside the box and see what also is possible.

I don?t want to screw up this opportunity to possibly make it rich, and getting 10% pa return on these funds isn?t going to be anything at all like what want.

I've thought about spending some serious hours coming up with a new business idea, most self made millionaires are entrepreneurs that started their own business with a new good or service.

Real estate is an option... you can get a 10%pa return on property, which is not what I'm after... but you can get a lot more if you renovate or expand. To buy another house would see me paying big loan costs which I would rather not do right now.

You understand investing very well, your exact words, but your asking the MISC Section for HELP, hmmmmmmmm, there isn't even a serious quote anywhere in your thread.. SO makes me wonde...

[Leper Messiah]

Its all about diversity. Try spreading the 150k around a bit put some in:

Bluechip stocks
higher risk stocks
term deposits

Hell why not use some of the 150k to buy another house (with a loan), rent it out and use the repayments to pay of the mortgage.

[efini84]

short the YM/ES/ER2/NQ until another 10% is shaved off the indexes

[1earedELEPHANT]

You understand investing very well, your exact words, but your asking the MISC Section for HELP, hmmmmmmmm, there isn't even a serious quote anywhere in your thread.. SO makes me wonde...

x2


ohh and 34 black

[efini84]

and short the usd for ****s and giggles

[SpyWizard]

I have $150,000 available to me, I already have my own house, I work in a bank (and understand investing very well). I'm in my early 20's.

I know I can get an average of around 10% pa return if I invest in a specific share portfolio (which I have access too), but I want to think outside the box and see what also is possible.

I don?t want to screw up this opportunity to possibly make it rich, and getting 10% pa return on these funds isn?t going to be anything at all like what want.

I've thought about spending some serious hours coming up with a new business idea, most self made millionaires are entrepreneurs that started their own business with a new good or service.

Real estate is an option... you can get a 10%pa return on property, which is not what I'm after... but you can get a lot more if you renovate or expand. To buy another house would see me paying big loan costs which I would rather not do right now.

hard money lending...

18% per annum prepaid with 10 pt origination...

70% ltv..

you're set..

[alrededar]

seriously ask somewhere else.... not trying to insult this board but try another one that has money on it.

[hawk805]

vanguard mutual funds is a great place to invest money..

or higher a stock agent and invest some with him....

[OKPump]

Read Rich Dad Poor Dad, if you haven't already.

Good book! Robert Kiyosaki and Donald Trump recently just wrote a book together called "Why We Want You To Be Rich"...i would check that out and read it as well, if you havn't already!

[Mrsevenupguy]

get a nice car and race


buy a gun and rob banks

[Briangumble]

You could buy a franchise. Franchises are a lot less risky than starting a business from scratch, and you'll learn more about business from your experience. And you could always sell it if it doesn't go too good. You could also start a business from scratch like a club or a bar or something. Another thing you can do, and I think this is the best idea, you can invest all your money into cell-tech.

[kvkx111]

Send it to me I'll invest it for you. (Rly)

[falconXR]

Take it to vegas and put that $150k on number 13 (thats like a really cool number n ****) at the roulette table. I have a feeling you'll win for sure.

Good luck.

[k4y]

You sure you want to look into stocks?

I mean, just yesterday the Chinese stock index nearly crashed and thus bringing down the U.S. and other world stock indexes as well... it was a scary day for Wall Street. Even Greenspan hinted at a recession.

I don't know, but I'd be careful where I put my money right now.

[paul_v]

Average rate of return of the S&P 500 for the last 30 years is 12%. Put the $150k in an S&P 500 mutual fund and it should grow to $1 million in 17 years, barring any nuclear holocaust.

[sicosico]

open a startbucks shop in a business populated area

[Tech_N9ne]

get 150,000 quick picks for mega millions. How the **** you gonna lose with 150,000 different tickets? itll be a bitch to find out if you won though

[7.62]

I have $150,000 available to me, I already have my own house, I work in a bank (and understand investing very well). I'm in my early 20's.

I know I can get an average of around 10% pa return if I invest in a specific share portfolio (which I have access too), but I want to think outside the box and see what also is possible.

I don?t want to screw up this opportunity to possibly make it rich, and getting 10% pa return on these funds isn?t going to be anything at all like what want.

I've thought about spending some serious hours coming up with a new business idea, most self made millionaires are entrepreneurs that started their own business with a new good or service.

Real estate is an option... you can get a 10%pa return on property, which is not what I'm after... but you can get a lot more if you renovate or expand. To buy another house would see me paying big loan costs which I would rather not do right now.

And you are asking this question in Misc? You gotta be a Trust Fund kiddie.

[Captain Action]

I accept pay-pal

[SFriday425]

Open a gym:

http://forum.bodybuilding.com/showthread.php?t=1661741

Oh, and I want in.