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+--- Thread: Opinions on where to invest $5000 with good returns? (/showthread.php?tid=6081444)
Opinions on where to invest $5000 with good returns? - Cooldudex - May 24, 2020
Hey!
Thread title pretty much says it all here. I have around $5000 I am wanting to invest in someone/something. Any suggestions? I usually make a decent killing gambling but I am trying to dip my feet into something more online. Could be something online/irl, though.
Anyone with some experience have some suggestions?
RE: Opinions on where to invest $5000 with good returns? - Rally the Bulls - May 24, 2020
Honestly, contact a financial advisor rather than relying on anyone here. There's tons of options, and we don't know your risk tolerance.
RE: Opinions on where to invest $5000 with good returns? - Grim - May 24, 2020
Do you want quick returns or less risky long term? What do you gamble on? poker sports or what
RE: Opinions on where to invest $5000 with good returns? - Cooldudex - May 24, 2020
(May 24, 2020 04:23 PM)Grim Wrote: Do you want quick returns or less risky long term? What do you gamble on? poker sports or what
Honestly, risky or not doesn't matter. It can be risky if it's calculated. I'm more looking for quick returns so I am ready for some risky options
(May 24, 2020 04:22 PM)Rally the Bulls Wrote: Honestly, contact a financial advisor rather than relying on anyone here. There's tons of options, and we don't know your risk tolerance.
I agree that is obviously the safe route. I'm more looking for some risky, quick returns as this is just some extra money that I have. Extra money but at the same time I care about every last dollar, of course. I should of stated that in the op. I've had some shaky experience in the past with financial advisors and quick returns(not long term investing they are mostly rock solid for that) so I like to take regular people's opinions and experiences when it comes to more risky investments
RE: Opinions on where to invest $5000 with good returns? - Hero - May 25, 2020
Everyone who wants to earn money quick, will lose it even quicker.
Take your time and talk to people who actually now what they do. You barely will find it here sadly.
RE: Opinions on where to invest $5000 with good returns? - v0ss - May 25, 2020
Im still not touching Stockmarket yet, crypto is my only baby
RE: Opinions on where to invest $5000 with good returns? - LoremIpsum - May 26, 2020
(May 24, 2020 04:22 PM)Rally the Bulls Wrote: Honestly, contact a financial advisor rather than relying on anyone here. There's tons of options, and we don't know your risk tolerance.
This.
Too many different advice(s) could be given out here.
< stocks with dividends
< crypto (day-trading)
< resell rights for ebook(s)
< garage sales and re-sell on ebay
< buy 'licenses' and re-sell
< project-builders
< Shopify and/or other store(s)
A financial advisor could help you out. I give sales advice but I charge per hour.
RE: Opinions on where to invest $5000 with good returns? - Simplex - May 26, 2020
Depends on what you're looking for
Long term I would say invest in BTC and don't touch it for 4-5 years.
Short term I would invest it in ETH for a couple of months then cash out. ETH getting a higher demand rn because of the BTC fees.
RE: Opinions on where to invest $5000 with good returns? - eSp0rt - May 27, 2020
I think ETH can be a good idea for invest. I think the BTC will go down in the future.
RE: Opinions on where to invest $5000 with good returns? - KoolDizz - May 27, 2020
You should promote products on the internet as an affiliate- they pay decent commission fees $$$
RE: Opinions on where to invest $5000 with good returns? - 90210 - May 28, 2020
Remember the famous Warren Buffet quote if you're looking for quick returns:
"The stock market is a device for transferring money from the impatient to the patient."
RE: Opinions on where to invest $5000 with good returns? - zwz9U1ixura9 - Jun 2, 2020
Personally, I would invest in building a blog and driving traffic to it using seo. Promote affiliate products and have ads.
RE: Opinions on where to invest $5000 with good returns? - Luton - Jun 3, 2020
I would invest a little money into doing some research such as buying a few investment books, it may get you further than you think.
RE: Opinions on where to invest $5000 with good returns? - LSD - Jun 6, 2020
Invest in an index ETF. like VOO, pick 2-3 of those. Your money will grow with the market.
RE: Opinions on where to invest $5000 with good returns? - dt21mlg - Jun 7, 2020
invest in Boeing and JD Weatherspoon stocks, price of their stocks have dropped and have had a low peak when coronavirus was at its peak globally and in the UK, now stocks are continuing to rise, I profited 40% on each share, you can still invest now as share will continue to rise to their normal price pre-coronavirus!