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Lann

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Lann

If you were asked that during the next year turn $50K into $60K legally, how would you attempt it?

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Spinnaker1981
Posted (edited)

Well, the automotive market is on the rise, and it is possible to do that, but it is not a sure thing. Some you win, some you lose. You are talking about 20%/year increase. There is no sure way to do it, I would recon... 

 

I would invest on something like this:

https://suchen.mobile.de/fahrzeuge/details.html?id=272240835&damageUnrepaired=NO_DAMAGE_UNREPAIRED&isSearchRequest=true&makeModelVariant1.makeId=19000&makeModelVariant1.modelId=20&minPowerAsArray=147&minPowerAsArray=KW&pageNumber=1&scopeId=C&sfmr=false&sortOption.sortBy=searchNetGrossPrice&sortOption.sortOrder=DESCENDING&searchId=4c1a6361-6e9c-ab94-c84e-b65653a48c9f

https://suchen.mobile.de/auto-inserat/lancia-thema-8-32-v8-ferrari-motor-almelo/260686173.html?coId=15cfd28e-8d85-43cc-8001-5fcbb1d53f2e?action=vipReco

https://suchen.mobile.de/fahrzeuge/details.html?id=278706314&damageUnrepaired=NO_DAMAGE_UNREPAIRED&isSearchRequest=true&makeModelVariant1.makeId=17200&makeModelVariant1.modelDescription=amg&maxFirstRegistrationDate=1996&maxPrice=40000&minPowerAsArray=147&minPowerAsArray=KW&pageNumber=2&scopeId=C&sfmr=false&sortOption.sortBy=specifics.firstRegistration&sortOption.sortOrder=ASCENDING&searchId=63b87de9-1402-bb0c-6510-8abdd6dfd693

 

Rare edition cars that have high value and high demand. They are bound to earn a lot of money to whoever invests in these. BUT, they might be hard to sell fast. (though all of them seem to me are actually pretty cheap considering the nowadays market).

Edited by Spinnaker1981
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Burgermauger

Invest in the marijuana market here in Canada.

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Potato

Start up a vpn company in the UK for the upcoming porn ban 😂

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DavidCore89

Buy and sell.

With that kinda money I'd take a look at cars, as Spin said.

Do your research, weigh up the risk vs reward and know when to walk away from a potentially costly deal.

A mate of mine buys a lot of cars, some to flip immediately and some to keep garaged for a few years. He currently has an Escort RS Turbo (most of them got stolen and crashed due to it's shed-door locks) and a Nissan Pulsar GTIR - both very likely to appreciate in value.

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Six-times Jump Rope world champion // Three-times Tic-Tac-Toe runner-up // Two-times Hopscotch world champion // Two-times Wheelbarrow Race world champion // One-time Marco Polo runner-up // One-time Musical Chairs European champion.

Owner of a 25-metre swimming badge.

"Finishing second means you are the first person to lose"  - Gilles Villeneuve.

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LimeGreenLegend

Gambling 

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pete2581
45 minutes ago, LimeGreenLegend said:

Gambling 

I feel like you are kidding but it is exactly what I would do.  Take it to the poker tables.  But I have been playing and winning at poker since 2003.  Only had one losing year in 16+ years.  So probably not good advice for Lann :)

 


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