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What would you do with $10K?
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<blockquote data-quote="Australia Sucks" data-source="post: 1119992" data-attributes="member: 11806"><p>Castle Rustler in regards to what you no doubt sarcastically wrote about Venezuela, assuming you don't get shot or stabbed or kidnapped (decent chance of these things happening) you will definitely return from Venezuela with the possibly the best memories you would ever have.</p><p></p><p>Goodington in regards to your question most side business that you could do with only $10,000 would be competitive as fuck. Its easy to look at some of the clever guys on Rooshv that have started internet business with minimal capital and are making decent bank, but for every one of these guys there are 100 other internet guys that failed. That is the reality of the situation. Don't be fooled into thinking making decent internet income is easy or achievable for the average Joe. </p><p></p><p>Personally my view would be invest some time (reading, paper trading, etc) learning to become an "active" investor in the stock market and pick some individual stocks to back. If you are successful the extra return on $10,000 won't make that much difference to your life but no doubt in coming years you will have more money to invest and it will start snowballing. </p><p></p><p>I realize you have a retirement plan but this investment money should be separate because a retirement plan cannot be touched until old age, whereas if you invest your money in your normal personal account you can spend some of the returns/dividends 5 or 10 years down the track when you have amassed a decent stock portfolio. Personally I think becoming a successful "active" stock market investor still has some risks but its way easier to achieve then creating a decent side hustle business.</p></blockquote><p></p>
[QUOTE="Australia Sucks, post: 1119992, member: 11806"] Castle Rustler in regards to what you no doubt sarcastically wrote about Venezuela, assuming you don't get shot or stabbed or kidnapped (decent chance of these things happening) you will definitely return from Venezuela with the possibly the best memories you would ever have. Goodington in regards to your question most side business that you could do with only $10,000 would be competitive as fuck. Its easy to look at some of the clever guys on Rooshv that have started internet business with minimal capital and are making decent bank, but for every one of these guys there are 100 other internet guys that failed. That is the reality of the situation. Don't be fooled into thinking making decent internet income is easy or achievable for the average Joe. Personally my view would be invest some time (reading, paper trading, etc) learning to become an "active" investor in the stock market and pick some individual stocks to back. If you are successful the extra return on $10,000 won't make that much difference to your life but no doubt in coming years you will have more money to invest and it will start snowballing. I realize you have a retirement plan but this investment money should be separate because a retirement plan cannot be touched until old age, whereas if you invest your money in your normal personal account you can spend some of the returns/dividends 5 or 10 years down the track when you have amassed a decent stock portfolio. Personally I think becoming a successful "active" stock market investor still has some risks but its way easier to achieve then creating a decent side hustle business. [/QUOTE]
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