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09-27-2014, 06:29 AM #1
Highest ROI/Bang for your Buck Investments?
In terms of sheer profit potential (dollar-for-dollar), what kinds of investments would you say are the best? For the sake of this thread, please assume that risk and initial funding aren't major issues. I'm looking to see how I can broaden my horizons.
09-27-2014, 08:39 PM #2
If risk and funding isn't a problem?
I'd say making absolutely huge bets on companies is up there; risks are huge, but rewards are too. If you're throwing enough money around you can make a cool million in an afternoon.
You've got to limit yourself someway, there is no "best investment" for everyone, because everyone has a different risk threshold.
edit: In addition, what's your timeline? Low-cost target date funds could be an option for you. Can't go wrong with Vanguard. If you don't plan on touching or managing the investment then look to index funds.
Also consider gold investing
Last edited by JC Hunter; 06-15-2016 at 10:57 PM.
09-27-2014, 11:09 PM #3
I was considering getting cheap auction properties and either flipping them via the family business, or hanging onto them and renting the houses out. That's good for long-term, steady income but I wanted to know what the riskier/more rewarding options on the table are.
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09-28-2014, 01:17 AM #4
Day trade lel"Remember who's putting bread on whose table"
09-28-2014, 10:34 AM #5
I know people making large sums on sports betting, I on the other hand have had very little luck... It really depends, if you have a business you can grow with high turnover that could be good, stock and currency markets can make or lose bucketloads etc. There is no simple solution, just find something you want to do and make sure you get really good at it.I’m a hypocrite and if I weren’t I’d be a success story.
09-28-2014, 08:47 PM #6Member
- Join Date
- Dec 2012
Day trade forex. If you want to toss me a nice chunk of change I can make you some money doing it, but I'll take a sizeable cut for my services.
09-28-2014, 09:35 PM #7
09-28-2014, 10:30 PM #8
If your family business is in the contracting industry I'd say that'd be a good avenue. It's people who buy property, sub-contract everything out without having background in the industry that get bit, hard.
09-28-2014, 10:38 PM #9
09-28-2014, 11:46 PM #10
Take a few days to put down everything in your head about the project on a piece of paper. Inflate your costs 15-20% then ask yourself if it's worth your time.