they say u gotta have money to make money

Quote Originally Posted by steve1203:

buy gold and/or silver and watch your $30,000 grow

Quote Originally Posted by Swarez99:

This might not be up your ally, but this is what me and my friends do for extra money.  4 of us got our mortgage brokers license, and now deal with secondary mortgages mainly to investors.  This is loaned to people who can't get traditional loans either because they don't have the credit, already own a home or to investors, we focus on investors only.  The loans are short term,  30-180 days and are charged between 12-18%, you are also secured to a property in case of default.  

We started with 100K, or 25K each and our first loan was 90 days at 11% to an overseas Asian investor buying 4 condos in downtown Toronto.  He needed us to bridge finance between a sale of other investment condos and the purchase of new ones.   90 days, made 11K 4 ways.  Done this several times now, and always have been paid back and made money.

Now keep in mind I live in Canada, where home prices were not affected like they were in the US, they have been appreciating steadily since 90's.  I do know of people who do this in the US, and infact got the idea from my friends cousin who does this in California.  Me and my friends all have knowledge of money and contracts.  I am an accountant, two of the guys work for banks, the other is a lawyer.  We all researched pretty hard before we did this, and understand there could be a major default and will take time from than to collect money against the property.     

There are tons of ways to make money, just have to research, and have dedication on something.  

If the straight investment route sounds something you are more interested in look at high yielding ETF's, something that will pay 5-10% plus will liklely give you decent appreciation.  Lots of energy ETF's do this.

Quote Originally Posted by SirJohnDrake:

I suggest that you check out Fidelity Investments and have their professionals managed your portfolio. Those pros are real good! You can select several options as they will explain it to you.

Real quick, you can invest in a conservative account, or perhaps if you're the type that likes to take extreme risks, they have those risky accounts that have a lot of volatility...but if you can handle it go for it!

 It's the long-term where you can make a lot of money and so you shouldn't get discouraged with short-term results.