10k ready to invest...but what?

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 6 years ago '08        #21
knAwle3ge 73 heat pts73
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 blaznfor20 said:
I'd start flipping and sell sh*t on this website:
Liquidation.com

Or go to AC and throw it all on Black
propss on that...
 08-28-2011, 12:03 PM         #22
steelmagnum  OP
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want to do something with high reward, yet with extremely high risk? trade currencies. u can lever urself up to 100x, meaning that even though u put 10k down, its like putting 1M down. quick a.ss money, but u can lose it all twice as fast. food for thought
 08-28-2011, 03:25 PM         #23
illicitx  OP
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Steelmangum, explain?
 6 years ago '04        #24
hockeythug 66 heat pts66
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 illicitx said:
Steelmangum, explain?
google Forex
 08-28-2011, 03:53 PM         #25
steelmagnum  OP
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 illicitx said:
Steelmangum, explain?


for fu*ks sake, it is extremely risky. keep in mind that if u put ur entire 10k down at once and u end up making the wrong prediction, ur entire investment can be lost within moments.

also, make sure u place a stop-loss, otherwise, the leverage will work against u and u could end up owing 10s of thousands of dollars to the broker/counterparty.
 08-28-2011, 07:36 PM         #26
Ed Bundy  OP
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 steelmagnum said:


for fu*ks sake, it is extremely risky. keep in mind that if u put ur entire 10k down at once and u end up making the wrong prediction, ur entire investment can be lost within moments.

also, make sure u place a stop-loss, otherwise, the leverage will work against u and u could end up owing 10s of thousands of dollars to the broker/counterparty.
explain to me what would happen if i invested 1000$ into this... what could my returns look like?

also have you ever made money doing this? and if its less than 1000$ then its not even worth mentioning
 08-28-2011, 08:42 PM         #27
steelmagnum  OP
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 Ed Bundy said:
explain to me what would happen if i invested 1000$ into this... what could my returns look like?

also have you ever made money doing this? and if its less than 1000$ then its not even worth mentioning
i personally do not have that risk appetite. forex trading is basically useless without using leverage, unless u have millions at your disposal. what you can do is lever your existing money to profit. basically, at 100x leverage, when u put $1 on a trade, u also borrow $99. so the trade itself is a $100 bet.

Obviously when u make the right call and theres a 5% move, u make $5 instead of 5 cents. However, if it moves in the opposite direction, u can lose $5 instead of 5 cents.

now when u put $1 down of your own money and you lose $5 dollars, you owe your broker $4 and obviously lost your initial investment. Now translate that to $1k and $10k and you will understand the real danger of leverage..

by the way, this is dependent on how much you lever yourself. 100x is an extreme, you can opt for 40x and even 20x. Not sure about specifics, but maybe 5x is possible and that may be best suited for your risk profile.
 08-31-2011, 07:06 AM         #28
Ed Bundy  OP
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 steelmagnum said:
i personally do not have that risk appetite. forex trading is basically useless without using leverage, unless u have millions at your disposal. what you can do is lever your existing money to profit. basically, at 100x leverage, when u put $1 on a trade, u also borrow $99. so the trade itself is a $100 bet.

Obviously when u make the right call and theres a 5% move, u make $5 instead of 5 cents. However, if it moves in the opposite direction, u can lose $5 instead of 5 cents.

now when u put $1 down of your own money and you lose $5 dollars, you owe your broker $4 and obviously lost your initial investment. Now translate that to $1k and $10k and you will understand the real danger of leverage..

by the way, this is dependent on how much you lever yourself. 100x is an extreme, you can opt for 40x and even 20x. Not sure about specifics, but maybe 5x is possible and that may be best suited for your risk profile.
it sounds like it could be profitable. where do i start up and learn about it? do you have any tipis for a beginner?
 6 years ago '09        #29
iAM2 
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Lol.. bunch of dittos.. ya'll are very like-minded.. same cliche a.ss answers.. everybody got their brain in tha same box.. really no point in asking how to flip money here.. everybody is either going to say 'open a traditional business or wholesale some bs' or stocks or real estate.. it never changes.. and the occasional thug that pops up and tries to break down how to work block-work..

my advice.. dont ask here.


Last edited by iAM2; 02-27-2017 at 02:46 PM..
 6 years ago '08        #30
o7media 47 heat pts47
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Unless you're very experienced in forex you're gonna lose all your money. Just saying.
 09-03-2011, 01:25 AM         #31
Walt Thizzney  OP
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Silver!!
 09-03-2011, 08:53 AM         #32
Ed Bundy  OP
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 Walt Thizzney said:
Silver!!
considered this as well..but its slow....
 6 years ago '08        #33
KeepStackinEnt 
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Hey try investing in wholesale products to triple your profit ,there are plenty of hot products like for example alot of your "AS SEEN ON TV" products i have 2 small warehouses with products from manufacturer direct overseas i wholesale them to sellers worldwide, some products for example, P90X, your baby can read deluxe, insanity workout, brainetics, just to name a few, if bought by the dozen i can get you real nice wholesale prices on it, just let me know if you are interested no rush.
p90x extreme home fitness workout dvd set, this particular set sells for on avarage of $90-$120 on the net, wholesale i can get this product for you for $30/pc minimun 12 pcs, now if you order 24pc i can get you a better discount for example 24 pcs would cost you $25/pc which will save you about $120 per order let me know what you are interested in and i can get you a great price on it, my main business is wholesaling to people like you trying to start up and businesses all around the USA i have buyer that sell all over the internet and buy wholesale from me.
 6 years ago '04        #34
Grim770 
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 09-12-2011, 07:52 PM         #35
Ed Bundy  OP
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 Grim770 said:
i dont know about this...
 6 years ago '05        #36
Universal~Mind 59 heat pts59
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Yo my dude.. you should invest that 10k in my bank acct.... Just sayin....
 09-12-2011, 09:48 PM         #37
Ed Bundy  OP
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 Universal~Mind said:
Yo my dude.. you should invest that 10k in my bank acct.... Just sayin....
 6 years ago '04        #38
Hood_Rich 7 heat pts
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im curious in some investment tips as well, with the Liquidation.com, ya'll resell on eBay and craigslist?
 09-22-2011, 08:21 PM         #39
slimshady5191  OP
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props
 6 years ago '05        #40
bccc215 
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flip a used car
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