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hex_enduction
satta massa gana



Registered: 01/26/14
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I have about 2K
#23447469 - 07/16/16 06:14 PM (7 years, 6 months ago) |
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In cash. What are some things I could do to make it into 4K? I'm thinking buying stuff cheap and flipping it. I was also thinking about investing in Bitcoin but it's been sitting real high for months now.
Yeah, I don't know shit about money or investing, so any ideas or advice would be appreciated.
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Connoisseur said: oh ive cried on drugs sunshine said: Tragic. I told the cop not to do it but he didn't listen.
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azur
God of Fuck



Registered: 04/21/12
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Loc: Daid
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Buy a pound of weed. Sell $300 ounces. Profit $2800
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hex_enduction
satta massa gana



Registered: 01/26/14
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Re: I have about 2K [Re: azur]
#23447499 - 07/16/16 06:22 PM (7 years, 6 months ago) |
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I know that game well enough already. I'm looking for legit ideas. Should have specified in the OP.
That being said, what does an oz of blow go for these days?
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Connoisseur said: oh ive cried on drugs sunshine said: Tragic. I told the cop not to do it but he didn't listen.
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azur
God of Fuck



Registered: 04/21/12
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Idk. I sold blow 9 years ago for $1300/ounce. I would buy 9 ounces for $6000. Got too scary and ended up doing too much blow. I'd stay away from that game. Maybe invest in precious metals. Or hell, even steel stocks, as steel is dirt cheap right now. I know a place where you can buy enclosed tow behind trailers for super cheap (in the south east) and you could take them elsewhere and sell for a lot more. plainoltrailers.com
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ManianFH
living in perverty



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open up a scottrade account, maybe put some money into some russian stocks since they are tanked right now. buy at the lowest, sell high.
bitcoin burned me in the past. id stay away from it personally.
-------------------- notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... " ChrisWho said: "It's all about the journey, not the destination."
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hex_enduction
satta massa gana



Registered: 01/26/14
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Re: I have about 2K [Re: azur]
#23447588 - 07/16/16 06:53 PM (7 years, 6 months ago) |
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Quote:
azur said: Idk. I sold blow 9 years ago for $1300/ounce. I would buy 9 ounces for $6000. Got too scary and ended up doing too much blow. I'd stay away from that game. Maybe invest in precious metals. Or hell, even steel stocks, as steel is dirt cheap right now. I know a place where you can buy enclosed tow behind trailers for super cheap (in the south east) and you could take them elsewhere and sell for a lot more. plainoltrailers.com
I'm in the southeast so I'll definitely look into that. Where would I be taking them that they're more highly valued anyway?
I've got a tdameritrade account but I'm not sure if I can buy Russian stocks on there. I've actually never used my account, Idfk how it works or anything
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Connoisseur said: oh ive cried on drugs sunshine said: Tragic. I told the cop not to do it but he didn't listen.
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azur
God of Fuck



Registered: 04/21/12
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Man, anywhere really. Look at prices on that website then look around a few hundred miles away. I know a guy who makes an extra 6 grand a month flipping 3 of the large trailers every month. I think he takes em to tx. But he's already going to tx for other business, so fuel costs are mostly covered
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hex_enduction
satta massa gana



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Re: I have about 2K [Re: azur]
#23447617 - 07/16/16 07:06 PM (7 years, 6 months ago) |
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Word. Thanks for the heads up on that, I never woulda thought of it and those trailers are cheap as fuck. Definitely some money to be made, and I'd get to drive all over the place in the process
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Connoisseur said: oh ive cried on drugs sunshine said: Tragic. I told the cop not to do it but he didn't listen.
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azur
God of Fuck



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Yea. Just be firm on your price and wait for the right buyer. Do research on the best place to sell before buying. Maybe even post an ad on cl to see if anyone bite. When they do, apologize because it's already been "sold." Then buy one and do it for real. I bought a 32 ft one to build my lab in for 5000. I couldn't find a used one for less than 8.
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FritztamineTheCat
Former Frequent Lurker

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Micro oyster mushroom farm duhhh lol 100sq ft of grow space produces roughly 30k$ worth of fresh oyster mushrooms at 6$/lbs which is on the low end 2 people could easily manage 200-400sq ft if you got the space
-------------------- My Pokemon Collection Ps. cubenis-Albino A+, Golden Teacher, Mazatapec, Puerto Rico, PE, PE Uncut, APE, Falbino, PFRS, Orissa India, Ps. azurescens Pan. tampanensis Ps. tropicalis Ps. galindoi Ps. stutzii Ps. cyanescens Ps. ovoideocystidiata Ps. hoogshagenii var convexa (semperviva)
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hex_enduction
satta massa gana



Registered: 01/26/14
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Shit, that's not a bad idea either. Really low startup costs too.
@azur, think I'll give that strategy a shot. Sounds really promising. My only concern is that my car might not be able to pull the trailers
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Connoisseur said: oh ive cried on drugs sunshine said: Tragic. I told the cop not to do it but he didn't listen.
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azur
God of Fuck



Registered: 04/21/12
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Well, idk what kind of car you have. Oyster mushrooms are very easy too. I grow em every day
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dnkronic
Berzerker



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Bitcoin is forming an upward pennant atm which economists theorize leads to an upward direction of growth.. if I had extra flow I'd invest in BTC.. also Nintendo stocks have probably gone crazy over the last week due to Pokémon.. haven't looked but it's been insane..
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xzylocybin
Stranger



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Re: I have about 2K [Re: dnkronic]
#23447673 - 07/16/16 07:29 PM (7 years, 6 months ago) |
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Nintendo went up 9billion since that bullshit game was released
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hex_enduction
satta massa gana



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Re: I have about 2K [Re: dnkronic]
#23447674 - 07/16/16 07:29 PM (7 years, 6 months ago) |
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I want to invest in btc but it's been over 600 for months now. Last time I had any I made some money when I bought it around 200 and it skyrocketed to 450 or so. I'd feel like a chump paying 600. I think it's gonna crash soon.
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Connoisseur said: oh ive cried on drugs sunshine said: Tragic. I told the cop not to do it but he didn't listen.
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xzylocybin
Stranger



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2k isn't much at all to work with in the market, If I were you I would buy a big bag of coke and try to sell it but end up freebasing most of it
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hex_enduction
satta massa gana



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Quote:
xzylocybin said: 2k isn't much at all to work with in the market, If I were you I would buy a big bag of coke and try to sell it but end up freebasing most of it
I had the same idea but azur made a pretty convincing case against it. Tho I don't like coke that much, I feel like I'd be able to avoid gettin high on my own supply.
And I'm not really specifically looking for stocks, just anything out there I can exploit for easy profit
I actually have a business idea that I need an app to be made for, anyone know how much I'd be looking at to outsource app dev to someone?
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Connoisseur said: oh ive cried on drugs sunshine said: Tragic. I told the cop not to do it but he didn't listen.
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demiu5
humans, lol


Registered: 08/18/05
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assuming you have regular funds to continue making contributions, i'd vote for opening some form of IRA (retirement account)
-------------------- channel your inner Larry David
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Exceed19_2000
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Re: I have about 2K [Re: demiu5]
#23451388 - 07/17/16 10:13 PM (7 years, 6 months ago) |
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I bought BTC at $430 - invested in about $3000 worth.
Flipped it last month and made a nice profit. Rebought at $625 and I have a steady flip where if I can make $30-40 per BTC I flip.
You can set up your phone/pc for a realtime tracker with notifications on low/high to buy and sell. I doubt the market bottom will drop out, but that's the risk.
I wouldn't buy gold or silver right now. It's sitting at a 2-3 year high, and the sharp uptick hit with the BREXIT crap. I unloaded all I had at that point, because taking delivery of physical is "fun" when you start, but then it's a headache to sell. You have to ship it (I deal with APMEX and JMBullion) insure it, sell a minimum amount to get their higher advertised prices (APMEX is $10k) and it's just a hassle. I have OCD - so I like getting "sets" of things, and then you have an expensive, and it's not something you can really "share" with friends.
I would still encourage buying BTC and "work" it to make your profit. Your not going to be doubling your money in a month, but its fun, and you can make money if you keep at it.
It is ultra-exciting being on the plus side of the huge spikes, but that high can get shattered by losing money.
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ch1ck3n.s0up
Troubled Loner



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Re: I have about 2K [Re: demiu5]
#23451395 - 07/17/16 10:16 PM (7 years, 6 months ago) |
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Question #1: Do you have any DEBT, like credit card debt? If so, pay that shit off. Assuming that you've got $2000 in credit card debt at an annual interest rate of 15%, you're paying $300 per year to service that debt--plus the damn late payment fees that inevitably happen. Pay it off, and you've just earned yourself a 15% annual return, which even a professional hedge fund manager would be happy about.
Assuming no debt, here's a few options: 1. High Yield Savings Account, Certificates of Deposit, TIPS bonds... they'll all pay about 1 to 1.5%. In a year you'll have between $2020 and $2030. 2. Stocks. Unless you really know how to diversify a portfolio and hedge, have great faith in one company, or get a tip, you're probably going to want some kind of mutual fund or ETF. Here are two reasonable options choices: the Spider (SPY), and the Dow Diamonds (DIA). The former tracks the S&P 500; the second, the Dow Jones, which are benchmarks. This assumes a belief that the market will continue to rise through the election this November, and there is some risk there. http://finance.yahoo.com/quote/SPY http://finance.yahoo.com/quote/DIA There's always the good ole' Vanguard mutual funds, or the like.
Other good options to consider might be: 3. Invest in your community. Can you get involved with a charitable organization, and gain a network of associates? You might have to pay some dues, but this can be worth its weight in gold. 4. Education. Invest in yourself! Maybe take a professional development course in finance? This could be the best investment you'll make in your life. Check your local University. I'm in the New York area, and NYU offers stuff like this for around $700. https://www.sps.nyu.edu/professional-pathways/courses/FINA1-CE9000-introduction-to-the-markets.html
- In much higher-risk stuff (options, futures, derivatives, forex, swaps) you will probably get wiped without some formal training. - For stuff like a small business or real estate, $2000 is not enough, and you'll have to play ball with city officials, which can be frustrating.
-------------------- "Inspiration ~ Move me brightly ~ light the song with sense and color ~ hold away despair ~ more than this I will not ask ~ faced with mysteries dark and vast ~ statements just seem vain at last" --Jerry Garcia, Terrapin Station "Officer, I'm going to remain silent, and I would like to speak with a lawyer. I'm not resisting, but I don't consent to any searches.
Edited by ch1ck3n.s0up (07/18/16 11:10 AM)
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LogicaL Chaos
Ascension Energy & Alien UFOs




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if u are handy wih tools and mechanical things, i would buy a boat or PWC or quad or dirt bike and fix it up nice, that is to say these items are popular in your area.
I used to flip used bicycles, could be something u could do.
Or maybe buy a cheap car and fix it up. Might cost more than 2 grand thou.
-------------------- "What you must understand is that your physical dimension affects everyone in the higher dimensions as well. All things are interconnected. All things are One. Therefore, if one dimension is broken or out of balance, then all other dimensions will experience repercussions." - Pleiadian Prophecy 2020 The New Golden Age by James Carwin PROJECT BLUE BOOK ANALYSIS! (312 pages!) | Psychedelics & UFOs | Ready to Contact UFOs? | The Source on Mushrooms | Trippy Gematrix | Dj TeknoLogical | Fentanyl Test Kits R.I.P. Big Worm || The Start of the Ascension Process was 2020. Welcome to the Next Great Era of Earth 🌎🌍🌏
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Eywa_devotee
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Take 1 k of it and put it away for a rainy day if you don't have an emergency cash fund. If you have it already, then use the full 2000.
With the other half it depends on how fast you want your money to grow and your tolerance for risk. As a rule, the faster the more risk, the slower the less risk. In no particular order:
Set up a pot grow for about $500 including the seeds lights and other stuff. Way less cost if doing an outdoor grow or buying the equipment second hand- you could make several grand in profit by the end if done right, but loose your freedom and everything you own if done wrong...
Grow bulk magic mushrooms, maybe about 200 worth of stuff if starting from scratch, significantly less risk of getting caught during the actual grow itself but also harder to sell the finished product.
Do the above, but clean house really well, figuratively and literally. Grow magic mushrooms for the spores rather than to sell them. Buy bulk packs of empty 10-15CC syringes and start a mushroom spore vendor business. Will add about 200 to the cost of the above. If questioned about the source of the spores say any believable story on how you acquired them that leads nowhere, and make sure you have long ago disposed of or re-purposed the growing equipment. Make sure your place of business can withstand a search.
Buy stuff from garage sales and auctions and sell on ebay. Requires some knowledge, the 90 days of 21 day payment holds is the bottleneck though. Can also sell through craigslist or other venues.
Start a fix-it business, about 200 to 500 worth of tools depending on what you are fixing. It will be a slower route, but it could become a long term sustainable business. Requires some skill and knowledge. BTW This is what i do for a living.
Grow high value edible mushrooms, herbs, or vegetables, about 200 or so to start from scratch, requires hard work and space to do it, but requires you to get a restaurant to buy them regularly. Unpredictable.
Buy a crapload of silver, should at least double by the election, but no gaurantees. Rhodium would be a better choice.
-------------------- "Love one another." "To Love is to know me." "Love is the Law, Love under Will." "In Compassion, all sorrows end." Regardless of the Master, the message is the same- Choose love and you shall live, Choose Fear and you shall die. Help bring peace to this Earth: Love one another, and serve others before yourself.
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Psykronik
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Auto auctions. Buy a commercial van or a decent diesel motor cheap. Do not get drawn into a bidding war! Keep to a plateau . Put it on eBay or the like and sell for double.
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azur
God of Fuck



Registered: 04/21/12
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Yup. Good choice.
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LogicaL Chaos
Ascension Energy & Alien UFOs




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Where does one find an auto auction?
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azur
God of Fuck



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Ummm...Probably google dood
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ByCoverOfNight
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Re: I have about 2K [Re: azur] 1
#23497111 - 07/31/16 09:31 PM (7 years, 5 months ago) |
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The best investment is to travel. GTFO and see as much of the world as possible while you're still young. $2k is enough to do a LOT of shit. It's not enough to bother investing, it would take months to realize any gains from flipping cars with it blah blah blah. Do it now. Do you really need more junk? The longer you stick around trying to decide what to do with your money is time you will have wasted in your life while better things could have been happening. Dream big. Read an article by a hospice Dr. where he described death in terms of decreased range. Life tapers down relative to your mobility- First, you stop traveling abroad, then you stop leaving the country, then your own state, your own town, your neighborhood, your house and finally, your bed. Do not live close to death.
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azur
God of Fuck



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Great post and great idea!
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LogicaL Chaos
Ascension Energy & Alien UFOs




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Good point about mobility, but why not flip a car/van/truck THEN take a vacation abroad
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hex_enduction
satta massa gana



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Quote:
LogicaL Chaos said: Good point about mobility, but why not flip a car/van/truck THEN take a vacation abroad 
This but while that post did come off as a little smug, it definitely resonates with me. I love to travel and often do when I get the chance, but I'm just about to start my senior year of college while also working a full time job, so I can't afford to drop everything and leave at this point. I think next year once I graduate I'll probably do some amount of international travel for sure though.
Will look into auto auctions. Gonna ask my buddy who spent his adolescence working a similar scheme with his father, but to a bit more shady an extent (buying used cars and cranking back the odometer, etc )
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Connoisseur said: oh ive cried on drugs sunshine said: Tragic. I told the cop not to do it but he didn't listen.
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bigbitch
Stranger

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Quote:
ByCoverOfNight said: The best investment is to travel. GTFO and see as much of the world as possible while you're still young. $2k is enough to do a LOT of shit. It's not enough to bother investing, it would take months to realize any gains from flipping cars with it blah blah blah. Do it now. Do you really need more junk? The longer you stick around trying to decide what to do with your money is time you will have wasted in your life while better things could have been happening. Dream big. Read an article by a hospice Dr. where he described death in terms of decreased range. Life tapers down relative to your mobility- First, you stop traveling abroad, then you stop leaving the country, then your own state, your own town, your neighborhood, your house and finally, your bed. Do not live close to death.
I agree it would be nice to experience the whole world. It's always cool to do something new. I don't think traveling the world, would mean you are living far from death though. You may not even enjoy yourself in some areas of the world, or you may die. I feel like socializing, and doing stuff is living.
I remember when I was young and careless. It was the best times I've ever had. I sold drugs to everyone, I took massive amounts of psychedelics, I was always at some kind of show, or house party. I became part of this big clique. I had alot of friends, everyone knew everyone. Even some of the bad events, just made life exciting. I had guns pulled on me, drove around on 9 hits of lsd, whatever. I also had a fast car at one point, during this time. I would jump it, drift it, 2 years felt like 10 years. I also almost died multiple times, and ended up with a bunch of felonies though. It doesn't have to be like that. Maybe you could spend your money on sport gear of some sort, or rock climbing gear. Maybe spend it on a mountain bike, and find extreme mountain biking courses in your area.
I just feel like humans are meant to be social critters. So if you don't find others like you, that enjoy similar activities, you are kind of wasting away and not living. It's good to have alot of friends, and 2k can help you start your activities. 2k would be difficult to start multiplying legally, without some time or gambling(like sitting on bitcoin or a precious metal, and hoping it rises a bunch someday). I think all you could really do is use it towards an education, along with any free money towards college you can get. Or if you can get your resume looking good, and you have a clean record, maybe use it to buy nice clothes and get a good/better job.
Edit: I just noticed you are starting college. You really should just save it I think. Idk how you got the 2k, but just keep doing that and 4k isn't too far away. Maybe you will get so busy with school, you want a part-time job, or to switch to part-time at your current job you're starting. 2k can always come in handy for expenses in college, if you don't have time to start a hobby with it.
Edited by bigbitch (08/02/16 12:28 AM)
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LogicaL Chaos
Ascension Energy & Alien UFOs




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well, in that case, definitely look into flipping cars. I would avoid the odometer trick, for ethics sake.
Oh, and if are confused about where to find auto auctions in your area, do as azur said and "check Google dood". Thanks for the tip buddy
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