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investing 50k

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Captain
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Posted: #26
Quote Originally Posted by Gunners:

Definitely not the restaurant business. 

A small investment property in a strong location would probably be your best bet.  it's not as simple as it sounds though. 

  The best way to approach the restaurant business is to buy one on the cheap that someone is selling.  Then fix it up, hopefully DOUBLE your investment, then SELL!

It befuddles me how many people post on Covers about opening up a restaurant, yet don't realize how much of a money pit it usually becomes.

 
Prospect
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Joined: Dec, 2009
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Posted: #27
Honestly I never planned on doing anything in the restruant buisness but an older friend of mine who has plenty of $ is wanting to open a bar in an oil boom town. And he wants me to invest some in it and help him out getting it set up to attract a younger crowd and find bands and stuff to play in it... That's the only reason I'm considering it. Every restruant and bar are packed everynight here.
 
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Posted: #28
7-11........

or....

 ever seen a viet coffee shop?  
 
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Posted: #29
7-11 u'd need at least 500k though 
 
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Posted: #30
Quote Originally Posted by mainmanmainman2:

usually u pick a stock that is near a 52 week low. NETFLIX, SEARS, Green mountain coffee were all at 52 week lows and have all shot up over 30% in a few weeks. even DRYS.

thats usually the trick. you gotta work hard at figuring out which one could be bouncing up though. dont pick a company that is due to belly up.

when the oil spill in the gulf happened u couldve snap'd it up and  the carnival cruise liner fiasco too. good for a few jumps.


hmmm i'd bet on kentucky taking it all the way. not sure if u are getting even money but i'd put 1-2 k down if i  had 50k.



K  E N  T U C K Y   
 
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Posted: #31
put it in CD............its safe
 
MVP
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Posted: #32
solar powered flashlights...............
 
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Posted: #33
Quote Originally Posted by The Hawk:

solar powered flashlights...............
                                                      .....haha I need one!
 
Prospect
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Posted: #34
cocaine and bitches i must say...................
 
Captain
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Posted: #35
I'd call my brother and law and a few friends I used to work with on the trading desk to keep an eye out on some sure things and then i'd sit n wait until i could make a few option plays.
 
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Posted: #36
A California farm
 
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Posted: #37
Quote Originally Posted by The Hawk:

solar powered fleshlights...............
 
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Posted: #38
Quote Originally Posted by mainmanmainman2:




K  E N  T U C K Y   


kentucky MUTHASUXORS
 
 
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Joined: Nov, 2002
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Posted: #39
Hotels in Vietnam, I know a developer.
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