Ways to increase money.. already got capital.. HELP

Aesthetix29

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Hi,

Im 29yrs old not got a very good job and in the process of doing my driving test... but what i have got is £14,000 capital and id like to increase this quite alot to make up for my poor salary... My ow can i do this ? im think of buying and selling cars for a profit but im hoping some of you Don Juans can throw some good ideas on how to icrease money etc... i dont want to get involved with drugs so dont even bother mentioning it... surely there are ways ?

This is a serious post ... any help would be much apprechiated
Regards
 

sylvester the cat

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Aesthetix29 said:
Hi,

Im 29yrs old not got a very good job and in the process of doing my driving test... but what i have got is £14,000 capital and id like to increase this quite alot to make up for my poor salary... My ow can i do this ? im think of buying and selling cars for a profit but im hoping some of you Don Juans can throw some good ideas on how to icrease money etc... i dont want to get involved with drugs so dont even bother mentioning it... surely there are ways ?

This is a serious post ... any help would be much apprechiated
Regards
When it comes to matters of finance I would highly recommend Seeking professional advice and do not take advice from people you don't know on the internet.
 

Aesthetix29

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Thanks pal I understand what your saying bit on just after ideas... Pointless investing it anything really as the economy is **** poor at best!
 

TheSlasher

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I'm recommending stuff that actually brings value. Like selling actual goods like food or whatnot, as opposed to "fictional" investments like futures or foreign currency. That's just my opinion though because I think it'd be better for the economy as a whole.
 

Aesthetix29

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Like what what products can be sold at profit and sell easy ?
 

TheSlasher

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Something revolving around water or food, AND something that you have less competitors. It's up to you to figure it out.
 

Billtx49

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Do not get into business if you do not know the business.
Btw, the same goes for investing in Anything.
Knowledge is power.
 
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liuxue

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taiyuu_otoko

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Aesthetix29 said:
Like what what products can be sold at profit and sell easy ?
This is the mythical holy grail of business that doesn't exist.

Think you can find the mysterious X that you can buy for $100 and sell it for $110 to eager customers?

And without anybody else knowing about it?

And some anonymous dude online is going to tell you how?

I have a friend who lives in Nigeria, see, his dad used to be president of a bank, but was put in jail. He needs your help. Just PM your bank information, and I'll hook you up.
 

evan12

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Hmm , to be honest if all what you have is 14000 , then buying and selling cars can eat your capital very quickly. Unless you know what you are doing with cars , it is better to not do it.

For now you can put them in some Mutual funds that can grow around 8 percent per year( make sure you are comfortable with the risk of stock market ) .
Maybe try to setup E-Commerce website and sell something , that will cost you around 3000 if not cheaper depend of many factors .
 

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ladiesman217

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evan12 said:
Hmm , to be honest if all what you have is 14000 , then buying and selling cars can eat your capital very quickly. Unless you know what you are doing with cars , it is better to not do it.

For now you can put them in some Mutual funds that can grow around 8 percent per year( make sure you are comfortable with the risk of stock market ) .
Maybe try to setup E-Commerce website and sell something , that will cost you around 3000 if not cheaper depend of many factors .

I disagree with you on this one...

My father and I buy and sell cars on the side of our jobs. Within the last 8 months we will have an additional 75k from 5 or 6 cars. We deal with american classic cars (1955-1970) in the 10-40k range.

Its a simple concept and id love to explain the whole process if you're interested. It will obviously take a little bit longer to get to that point but with your amount of money thats a great price point to start. Buy a 8-10k car, spend 2 or 3k on repairs, detailing, upgrades, and then flip it for an 20k and repeat. We have found the average flip is 6 months.
 
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