How to invest S$50K to double it in a year?

[erkianpeng]

Hi

I sold my house and have a bit of cash which I hope to invest and make more money.

Any advice and suggestions would be greatly appreciated.

I am sorry for my recent two threads which are not on sex. However I don’t know where else to ask my questions where there are expert bros to advise. This is probably the only forum I go to regularly.

Thank you!

[SamLoMo]

Lol bro, investors usually make at most 10-30% ROI per annum and you want 100% in a year. You wait long long ah bro :D

[Hungry2222]

Shoikadoos!!

[erkianpeng]

Lol bro, investors usually make at most 10-30% ROI per annum and you want 100% in a year. You wait long long ah bro :D

Just asking. I am new to investing. Hope to get advice and learn.

10, 20 or 30%. It’s ok. As long as can make money.

[xav1983]

Buy Albirex Niigata win every match in Sleague. ROR should be good. That said Risk is higher too.

[WohHup]

Just asking. I am new to investing. Hope to get advice and learn.

10, 20 or 30%. It’s ok. As long as can make money.

I am also keen leh if have such high ROI.

[graveleg]

I am also keen leh if have such high ROI.

I am keen also.

[PorkEater]

Buy Albirex Niigata win every match in Sleague. ROR should be good. That said Risk is higher too.

High risk then got high return mah :D

[MelanisticWolf]

Troll answer:

Flips a coin to choose between the 2 casinos..
Go into the casino..put the 50k on big or small..instant double up if win!

[thedevil666]

FD 14M rate for 50k and below is only 0.25%. You do the maths.

[strikeback4]

you have better luck in HWZ :rolleyes:

[Bullshitlar]

Troll answer:

Flips a coin to choose between the 2 casinos..
Go into the casino..put the 50k on big or small..instant double up if win!

Sadly this is really the most possible way for a average joe lol

[bang79]

Power bros!! Here all so power de ah. Intro me leh. Money so good to earn de meh?

[nitecrawllerr]

Go invest bitcoin lah.:D:rolleyes:

[Cuntworth]

Troll answer:

Flips a coin to choose between the 2 casinos..
Go into the casino..put the 50k on big or small..instant double up if win!
What happen if it open three of a kind???
Go invest bitcoin lah.:D:rolleyes:
Still can make $$$???

[sky_liner2]

Bro, can consider selling something online such as Q0010. Search for Andrew Tan, he is giving free seminar on how to start online business and work from home.

[loneyheart]

There is no sure way to make money even Ah Long sometime lost too cannot recover back
Dont believe any promise can double it in a year :D U will get nothing bk not even yr 50K .... if the guy promised u can , he will not even need to invest for yr money

[okoyi]

Hi

I sold my house and have a bit of cash which I hope to invest and make more money.

Any advice and suggestions would be greatly appreciated.

I am sorry for my recent two threads which are not on sex. However I don’t know where else to ask my questions where there are expert bros to advise. This is probably the only forum I go to regularly.

Thank you!

Cryptos - in real good ICOs that are not scams.

[wings32]

Hi

I sold my house and have a bit of cash which I hope to invest and make more money.

Any advice and suggestions would be greatly appreciated.

I am sorry for my recent two threads which are not on sex. However I don’t know where else to ask my questions where there are expert bros to advise. This is probably the only forum I go to regularly.

Thank you!

I am not a financial expert, but can give you one advice: wherever you decide to put those 50K be extremely careful!

[erkianpeng]

Thank you bros for your responses.

Gambling too risky. I tried 4D and buy Toto once in a while but not much luck.

I am thinking more of real investment in stocks or some business ventures.

Or buy a business that I can run or employ someone to run. By business I mean even a hawker stall, not big businesses.

Please continue to comment. 🙏🏻🙏🏻🙏🏻

[arowanna]

As Trump says : Only 1 Shot.... So MBS is the place to invest..Good Luck🙏🏻

[egmar mah]

Yes take$100 fr 50k buy entrance fee. Then bal 49900 buy big or small, if scare open three of a kind( leopard Kia) then buy barcarat player or banker, want double place player so no win half even banker sometime six pt win. So win will have 99800 means 49800 out of 50000.return rate 99.6%

[erkianpeng]

Yes take$100 fr 50k buy entrance fee. Then bal 49900 buy big or small, if scare open three of a kind( leopard Kia) then buy barcarat player or banker, want double place player so no win half even banker sometime six pt win. So win will have 99800 means 49800 out of 50000.return rate 99.6%

I totally do not understand because I haven’t stepped into a casino my whole life! Very mountain tortoise.

[Serenade]

Can you afford and prepared to lose all the $50k? If yes, invest in a small business like a start-up run by some one you trust. Remember, high risk, high return.

If you are prepared to risk part of the $50k and get some returns, buy local equities. Can get 6% to 10% return from combination of dividend and possible capital gain. If capital lost, and you wait it out till next cycle, you may get back all your lost capital.

If the $50k is for future spending like your children's education and, you cannot afford to lose a cent, put in time deposit at between 1.4% to 1.6% with a big local bank or finance company.

[seanylit]

a couple of years back, there is this "hot" investment thingy in NanNing ...

basically you deposit money into a "bank", find two downlines, get them to "invest" too... sit back and wait for the money to come in...

the malaysian group of 6 than went there to "check" on the investment, their death is confirm not related to the "investment" firm... just they suay suay stay in a hotel with leaky gas pipe... if it is murder, all sure die one.. not just 5 out of 6

.. heng ah... i mean suay i no money to invest...

[r.fowler]

Just asking. I am new to investing. Hope to get advice and learn.

10, 20 or 30%. It’s ok. As long as can make money.

like that, there will be no poor people in SG

[Stimsia]

Should go bank find financial adviser than come here to look for investment idea....

If not, as some bros say there would be no poor in SG

[ddog]

Troll answer:

Flips a coin to choose between the 2 casinos..
Go into the casino..put the 50k on big or small..instant double up if win!

Doggystyle same idea... :D

[Jtjan]

Fellow SBF bros, investments is really not that difficult.
The hard part is to pick a winning investment at ALL times of the year.
If you keep your money in a bank, and then ONLY invest when it is CHEAP, then you sure make money.

Some of you will say how you know when it is cheap!
So easy meh? Well, I say when there is a huge market crash, things are cheap.
If you buy ANYTHING in 2009, during the Global Financial Crisis, you will have made doubled your monies by 2010 or latest 2011.

So anyone that has given me full autonomy to invest their money, I can safely guarantee you can at least double your money every 10 years. That is more than 7% p.a.

How much do you earn from money in the bank?

[asdatasd]

Bro, biggest advice I can give you: Don't invest in anything you don't understand.

Doubling your money? That's only in the casino, but be prepared to lose all your money, same thing goes with investing into something you don't understand.

Stay away from Bitcoin and other cryptocurrency, It's backed by nothing but hype.

If you want good returns (10-20% Year over year) go for mutual funds and make sure you are diversified, S&P 500 last year made 20% and mutual funds made more than that, I have some risky mutual funds (technology sector in emerging markets that made %60) but it also could have gone down as easy as it went up.

Do your research, about 30% of the mutual funds out there outperform the S&P500 and make sure you are diversified.

Mutual funds hold stocks of 50-200 companies in them, if one company goes bankrupt the impact is minimal on your portfolio; compared to putting all the eggs into one stock and have it plummet (or make a huge gain if stock goes up %100).
Try and funnel that investment through SRS or CPF if you are looking for long-term returns and tax breaks, if you're looking for more of a short term (for short term: 3-5 years, go to a broker).
If you're looking less than 3 years high return on investment, go for stocks or go to the casino.

My own portfolio since the start of the year had 9% returns.
Good luck.

[HodoTravel]

Thank you bros for your responses.

Gambling too risky. I tried 4D and buy Toto once in a while but not much luck.

I am thinking more of real investment in stocks or some business ventures.

Or buy a business that I can run or employ someone to run. By business I mean even a hawker stall, not big businesses.

Please continue to comment. 🙏🏻🙏🏻🙏🏻

Think u do hawker safer. If do well, u can earn alot. At least you have control over what you are doing.

[walkingman]

Think u do hawker safer. If do well, u can earn alot. At least you have control over what you are doing.

agree. from your other post, you said you are jobless. if do hawker at least you have some income now.

[Jtjan]

Bro, biggest advice I can give you: Don't invest in anything you don't understand.

Doubling your money? That's only in the casino, but be prepared to lose all your money, same thing goes with investing into something you don't understand.

Stay away from Bitcoin and other cryptocurrency, It's backed by nothing but hype.

If you want good returns (10-20% Year over year) go for mutual funds and make sure you are diversified, S&P 500 last year made 20% and mutual funds made more than that, I have some risky mutual funds (technology sector in emerging markets that made %60) but it also could have gone down as easy as it went up.

Do your research, about 30% of the mutual funds out there outperform the S&P500 and make sure you are diversified.

Mutual funds hold stocks of 50-200 companies in them, if one company goes bankrupt the impact is minimal on your portfolio; compared to putting all the eggs into one stock and have it plummet (or make a huge gain if stock goes up %100).
Try and funnel that investment through SRS or CPF if you are looking for long-term returns and tax breaks, if you're looking for more of a short term (for short term: 3-5 years, go to a broker).
If you're looking less than 3 years high return on investment, go for stocks or go to the casino.

My own portfolio since the start of the year had 9% returns.
Good luck.

You sound like my banker.
Look, the stock market is on the up. So mutual funds are up.
If the market goes down, will the mutal funds be up?

And then the banker will say it is better to stay invested.
Well, I have had funds that earned nothing after many years because the time I entered was wrong.

And you know why banks sell mutual funds? They earn fees upfront. Whether the investor makes or lose money, they already pocket their commission liao.

Time in the market is important. Timing is also important.
And saving money to consistently invest is paramount

[ilovepantyhose]

ts, there is no free lunch in this world. always always always research beforehand. investing has its risks, are u prepared to lose the amount? look at what happened to noble and hyflux, how many investors are stuck?

don't let greed rule your head, don't be lured by high % returns. ask yourself this: is it too good to be true? odds are, it usually is.

[nobodyid]

I'm investing on some nickel trading which the return is 15 to 25% per quarter and that will make 60 to 100% a annual..

Being investing it for more than a year, so far so good.. entry level is 50k..

Anyone keen do let me know via PM

[angusb]

yes this is highly possible with the right person

[asdatasd]

You sound like my banker.
Look, the stock market is on the up. So mutual funds are up.
If the market goes down, will the mutal funds be up?

And then the banker will say it is better to stay invested.
Well, I have had funds that earned nothing after many years because the time I entered was wrong.

And you know why banks sell mutual funds? They earn fees upfront. Whether the investor makes or lose money, they already pocket their commission liao.

Time in the market is important. Timing is also important.
And saving money to consistently invest is paramount

Not a banker :)
Of course mutual funds go down when market goes down, mutual funds are made up of stocks, if you want something that won't drop with the market, go for bonds - but be ready to get very small returns.
I prefer mutual funds because I've done my research and feel comfortable with this - first rule in investing is to understand where you put the money in.
Most 5 year periods since inception of the market there are gains, if you go for mutual funds you should be in it for the long run.

I don't invest with banks mostly as I find them trying to sell you insurance instead of investments - and frankly met lots of idiots in the private banking there that do not even understand what a mutual fund is (and claim to be "financial" advisors), I only have very small investments in the bank compared to private firms out there, that if you negotiate with them you can get preloaded fees of 0-2% which is lower than the bank, if you go the SRS/CPF route you will have 0% fees.
Again, when you invest in something you need to understand fee structures, commissions and the like, which I don't mind paying as long as the mutual funds are managed properly and I get good returns, if the returns drop and for 2-3 years I got less than market (S&P500 in this case) I switch funds.

And saving money to consistently invest is paramount
^This, people sometimes look at their bank account/retirement and cry cry there is nothing there... But they never even put anything in there...
Even if you don't do mutual funds/stocks/bonds and just use a savings account, you can still be a millionaire as long as you save.
Timing also plays a role, but not as important as saving.

[erkianpeng]

Keep your advice coming!

Thanks! Very interesting and very educational!

I want to set up a Private Limited company.

Should I do myself or pay those companies a few hundred dollars to do it for me?

How should we determine a good name for the company?

How much is it if I do it myself?

[angusb]

Keep your advice coming!

Thanks! Very interesting and very educational!

I want to set up a Private Limited company.

Should I do myself or pay those companies a few hundred dollars to do it for me?

How should we determine a good name for the company?

How much is it if I do it myself?

please do it yourself, you will save about $200 to $300 in additional fees.

no point setting up pte ltd if your business is small

a sole prop would do, cheaper and complicates less things

[erkianpeng]

please do it yourself, you will save about $200 to $300 in additional fees.

no point setting up pte ltd if your business is small

a sole prop would do, cheaper and complicates less things

Thanks. My friend was a sole proprietor. Then he got sued and lost his savings and his house. Pte Ltd safer. At least they cannot touch personal assets. That’s why I want to register one. But look at ACRA site very complicated. Need secretary, constitution and don’t know what. I blur.

[angusb]

Thanks. My friend was a sole proprietor. Then he got sued and lost his savings and his house. Pte Ltd safer. At least they cannot touch personal assets. That’s why I want to register one. But look at ACRA site very complicated. Need secretary, constitution and don’t know what. I blur.

it will really depend on what type of business you are doing. not all businesses are risky and need pte ltd.

just curious, what are you starting? because i deal with fengshui so can tell you that hard times are coming up for the next 2 years

only the "SIN" type of businesses will perform

Please dont jump in to do business for the sake of doing. - you might end up losing your capital which you might not want

[Hornyong]

then buy barcarat player or banker, want double place player so no win half even banker sometime six pt win.

Pray to God of Fortune.
Place $25k on each Pairs.
Pray hard hard.
If Mickey Mouse,
You won 11X$25k both Pairs = $550,000

Good Luck.

[erkianpeng]

Pray to God of Fortune.
Place $25k on each Pairs.
Pray hard hard.
If Mickey Mouse,
You won 11X$25k both Pairs = $550,000

Good Luck.

If Donald Duck? How? :confused:

[PrataDolly]

Pray to God of Fortune.
Place $25k on each Pairs.
Pray hard hard.
If Mickey Mouse,
You won 11X$25k both Pairs = $550,000

Good Luck.

If Donald Duck? How? :confused:

Very cheem, didn't know there's Mickey or Donald in baccarat :D

[ParkKimSiew]

Hi

I sold my house and have a bit of cash which I hope to invest and make more money.

Any advice and suggestions would be greatly appreciated.

I am sorry for my recent two threads which are not on sex. However I don’t know where else to ask my questions where there are expert bros to advise. This is probably the only forum I go to regularly.

Thank you!

Unless do business, investment difficult to hit 100% in 1 year.

[ParkKimSiew]

like that, there will be no poor people in SG

Not true. Poor people don't have the $50k in the first place to start the money rolling. This bro has.

[ParkKimSiew]

Deleted post

[bignehneh]

it will really depend on what type of business you are doing. not all businesses are risky and need pte ltd.

just curious, what are you starting? because i deal with fengshui so can tell you that hard times are coming up for the next 2 years

only the "SIN" type of businesses will perform

Please dont jump in to do business for the sake of doing. - you might end up losing your capital which you might not want

What is “SIN” business? Why u say next 2 years is bad?

[draven78eric]

Uncle tell you
Start from scratch and do by yourself until you are really so busy and successful(Want make money but lazy to do yourself, then forget it)
Do the thing/biz you really have interests in
Do not follow the trend
Be the special odd one(Different from the mass)
A little changes or think out of the box idea can just make a great hit/impact
Do not influence by the sweet talkers and go by logic
Strong believe in the basic fundemental and will not go wrong
Good luck

[erkianpeng]

Uncle tell you
Start from scratch and do by yourself until you are really so busy and successful(Want make money but lazy to do yourself, then forget it)
Do the thing/biz you really have interests in
Do not follow the trend
Be the special odd one(Different from the mass)
A little changes or think out of the box idea can just make a great hit/impact
Do not influence by the sweet talkers and go by logic
Strong believe in the basic fundemental and will not go wrong
Good luck

Thanks. Can you elaborate some more?

[Hornyong]

If Donald Duck? How? :confused:

Then Shrek will come to piak yr that hole.😂😂

[grouchycabi]

173899

Need money to give wife to buy bag.

[Whiteface]

Uncle tell you
Start from scratch and do by yourself until you are really so busy and successful(Want make money but lazy to do yourself, then forget it)
Do the thing/biz you really have interests in
Do not follow the trend
Be the special odd one(Different from the mass)
A little changes or think out of the box idea can just make a great hit/impact
Do not influence by the sweet talkers and go by logic
Strong believe in the basic fundemental and will not go wrong
Good luck

Nowaday every hard to do business everything is so expensive . :(

[bluepostbox]

Play safe man. If considering capital preservation with some risk, Diversified REITs ETF could be a good way to start. 5% a year.

[deepu]

Play safe man. If considering capital preservation with some risk, Diversified REITs ETF could be a good way to start. 5% a year.

Well said bro.

[moonluck]

Then Shrek will come to piak yr that hole.😂😂

Which Shrek? Wayne Looney? :D

[uslover]

ez money quick money is always gambling but that comes with highrisk. u can try worldcup whack 50k on 1 team sure easily double amt :s22:

[erkianpeng]

ez money quick money is always gambling but that comes with highrisk. u can try worldcup whack 50k on 1 team sure easily double amt :s22:

No gambling. 10 times gamble, 9 times lose.

I am looking for a legitimate way to make money. Thanks.

[erkianpeng]

Play safe man. If considering capital preservation with some risk, Diversified REITs ETF could be a good way to start. 5% a year.

Thanks. It is useful but a bit low.

[bluepostbox]

Thanks. It is useful but a bit low.

Can consider single stocks too but obviously it's a different kind of risk, especially given how much market has been red as of late. STI already returned all its gains this year.

[ourworld]

Thanks. It is useful but a bit low.



Now, Here is my view:,
Firstly, today, 50,000 isn’t really a lot of money. (Sorry to say the truth)
You want to flip 1 fold in the next 12 months, I can’t think of anything else except gamble,,
Not knowing what you “investing” into is no different from gambling.
You seem to know nothing about investment.
So ya, why not take it to casino, you can flip it overnight.

Secondly, you mention 5% too low, 10-30% per year also good!
why do you want to grow your money at this rate?
Is that extra 5-15k really very important to you during the next one year?
You know investment can’t reap this kind of constant result every year right?
Even if you can gain 20% this year, you can’t possibly repeat the same earning in future.
Unless you have a really strong portfolio.
But with 50K as capital I doubt so. Well, even so, if that’s the case, how much are you prepare to lose in exchange to gain that 10-30%?

Lastly,, if 50k is what you have, I suggest you be more prudent. Look long term and never underestimate the power of compounding,,
Alternatively, invest in yourself dude, look into some legit courses,,
How wrong can you get by investing in yourself?
Well, just my 2 cents worth. Don’t take it the wrong way mate.
Cheers!

Mr Ow.

[ourworld]

I am going to be a business owner soon, once I register my Pte Ltd company. ��

I have been poor for a year, hounded by banks, legal moneylenders as well as loan sharks.

I sold off my house and now have $50k to turn my life around. Been asking around for advice on how to grow the money but not much help it seems.

I am going to register a Pte Ltd company first. Give it a generic name. Then decide what to do.

One thing is to sell a product or products in Amazon using FBA.

https://youtu.be/b8cldoRK-xc

This chap is only 22-23 but a millionaire in a year.

发啊！


By the way, if you have this thought. Very soon your 50k will be gone and you will be back to square one.
You start a company not know what to do and you gonna just give it a generic name?
You don’t have any plan at all mate. Even thou it’s cheap registering a pte ltd but doesn’t means you wanna throw that money just like this.
Please Don’t get that illusion that having a registered pte ltd under your name makes you a legit business owner.
My 22 yo cousin registered 3 companies and he is still live like shit.
Jack of all trades, master of none.

You seriously need to attend some courses or some networking session mate.
Go find out what’s going on in the market and what’s the trend.
Do proper research, Then plan properly before you even take the first step.
Not learning from some Youtube clip!!

Can you even sell? I mean are you good in sales?
You wanna sell something online? You know what’s the statistic? What’s the rate of success?
You done online marketing? How many years of experience you have?

You action reflect your mind! If you can think far, go learn from others.
How old are you and when is the last time you learn something new?
Even if you wanna throw that 50k away, throw it in a smart way!
So much effort and time wasted and still throw that 50K away, Might as well throw it to the casino. You still have 50% chance.

Side note, you probably know us. Your name is familiar.
You probably visit and supported our thread before mate and I thank you for that.
I use to work in the bank. And to be honest, the “bankers” sell shit to people like you.
Bcoz you know nuts and They just wanna make commission out of you.
You are not mass affluent nor high net worth.
They won’t pay a single attention to you at all mate.


No offense mate. You sold your freaking house to get to where you are now.
Take the next step wisely. How many more houses do you still owned?

[draven78eric]

Thanks. Can you elaborate some more?

People who need to spoon feed is just as good as lazy...you are done for sure..
Just like when one person pass you a ladder, and you still ask him how to climb..

[erkianpeng]

People who need to spoon feed is just as good as lazy...you are done for sure..
Just like when one person pass you a ladder, and you still ask him how to climb..

I am not lazy. I can do my own research. Just that I want to hear new ideas. Yes, I may be done for sure. I was done for for the past more than one year. Now I hope to turn my life around and do something for my family.

[erkianpeng]

Dear Mr and Mrs Ow

Firstly many thanks for your comments and advice.

Yes, I was and still am a supporter of Mrs Ow. That's why I tried but failed to up your points as I had done so previously.

I know $50K is not a lot, especially to affluent people like your kind selves. To me, it's a BIG fortune because my family and I have been living from hand to mouth for more than a year! I cannot count the number of times when my wallet was empty or had less than $3 in it. So $50K is a lot a lot. At one time, when I was out zero for more than a week, and a kind gentleman gave me $150, I cried and couldn't thank him enough! He told me no need to return but I told him I won't forget and would return it with interest the moment I got money again. I had returned him the money. He refused to take the $200 I gave but took back $150.

Yes, I am lousy and that's why I ended up in this situation. I have only myself to blame. I cannot blame anyone else.

That's why I hope to learn how to make money from rich people like yourselves!

[lits]

Bro,

Here is my feedback:

Don't do anything with your money yet. Put it in a safe place with no risk, like the banks.

First, invest yourself in financial planning and money management. Go to www.drwealth.com, there are some courses that are free, and 1 course in money management that only cost $120, which will save you in the long run.

Then invest in yourself by learning from books or courses about stock investing (not trading). In emerging markets you still can make 30%-50% return annually from stock market if you're really doing good research and already learn about value investing, so basically you can double your money in 2-3 years. Even in Singapore in 2017 there are some stocks that gain more than 50%, see the list here
https://zuuonline.sg/investment/stocks/looking-back-best-performing-stocks-in-singapore-2017/

While letting your money grows, you can also work on your skills (some courses are heavily subsidized up to 90% by SG Gov if you're SG citizen and have income less than 2K per month), so you can get a job with good salary. If you're SG Citizen and still eligible for BTO, you can apply another one, this is also a long-term investment where you can benefit at least 100K in the next 5 years, but you need to have an eligible income to get a loan from banks.

Once you get a good job, you can try to do side job like property agent to add more income. So think long-term instead of short-term, invest in yourself with knowledge, and network with others.

I hope you learn your lesson and have better luck with your future.

[BBmanX]

Welll if you dont want to gamble, then cryptocurrency will be your best bet / investment

[FreebiezWanker]

Enjoy ur new found wealth. Take ur wife n kids for a better meal outside than ur usual.

Based on ur pattern, max I give u 6mths before u be back where u r albeit 50k lighter....

[Datingafter35]

S&P500 is falling, STI will follow. Gold is falling. US dollar will rise. If from this month until end of 2018. STI keep falling. Get ready for firesale properties.
STI fall, 6 months property in Singapore will follow.

They call it pullback. You can reap some good bargains. Apple? Amazon? Alibaba? Osim?

[Hungry2222]

What happen if it open three of a kind???

Still can make $$$???

think the moment has passed...

[erkianpeng]

Enjoy ur new found wealth. Take ur wife n kids for a better meal outside than ur usual.

Based on ur pattern, max I give u 6mths before u be back where u r albeit 50k lighter....

Don’t like that leh!

What is my pattern? You said “based on ur pattern”. What do you know about my pattern?

[FreebiezWanker]

Don’t like that leh!

What is my pattern? You said “based on ur pattern”. What do you know about my pattern?

Pattern or liftstyle before u got ur 50k.

6mths time u see for urself lo.

[draven78eric]

I am not lazy. I can do my own research. Just that I want to hear new ideas. Yes, I may be done for sure. I was done for for the past more than one year. Now I hope to turn my life around and do something for my family.

Do you know there are many cases of young Ent. started off their venture with less than 30K and make it big....turn it into million dollar biz and even tens of millions after some Big players buy over...
Making it big dont need too much cash. $$$ is just a tools...it depends on how you use it and use it wisely and correctly...

[Serenade]

Your first step is to divide your $50k into 2 parts. That which you cannot afford to lose, and that which you are going to invest and hope to get good investment returns.

The amount you cannot afford to lose, put it into a time deposit for a year. You can get 1.3 to 1.4% if you shop around. Hint: try finance companies. Treat this as money that you touch only when it is life or death e.g medical bills

The amount you can afford to invest (investments other than time deposits do not guarantee capital will be returned) is what you take calculated risks with. To buy goods to re-sell, enrich your skills to be more employable, buy shares, invest in a company etc. There is no free lunch. The higher the returns, the higher the risk of losing your entire capital. The best blue chip shares give 5% to 6% annual returns from dividend. If you manage to buy low and sell high, then there is capital appreciation too. No 1 rule of investing is never put money in products you do not understand.

I wish you wisdom in your choice and a good future.

[asdatasd]

S&P500 is falling, STI will follow. Gold is falling. US dollar will rise. If from this month until end of 2018. STI keep falling. Get ready for firesale properties.
STI fall, 6 months property in Singapore will follow.

They call it pullback. You can reap some good bargains. Apple? Amazon? Alibaba? Osim?

Those falls will not go for long, besides, when it is going down - that is the time to buy more.
Take the global financial crisis, everyone that jumped ship had their savings slashed in half, those that stayed, it took 4-5 years to get back up and till date it's all up.
S&P500 is up %70 in the last 5 years.
Just think how many events happened in the last 5 days in the world - taarifs, US quitting human rights consul and the like... SP is down 0.8%.
Investments are for the long run, not jumping in and out.

[asdatasd]

Now, Here is my view:,
Firstly, today, 50,000 isn’t really a lot of money. (Sorry to say the truth)
You want to flip 1 fold in the next 12 months, I can’t think of anything else except gamble,,
Not knowing what you “investing” into is no different from gambling.
You seem to know nothing about investment.
So ya, why not take it to casino, you can flip it overnight.

Secondly, you mention 5% too low, 10-30% per year also good!
why do you want to grow your money at this rate?
Is that extra 5-15k really very important to you during the next one year?
You know investment can’t reap this kind of constant result every year right?
Even if you can gain 20% this year, you can’t possibly repeat the same earning in future.
Unless you have a really strong portfolio.
But with 50K as capital I doubt so. Well, even so, if that’s the case, how much are you prepare to lose in exchange to gain that 10-30%?

Lastly,, if 50k is what you have, I suggest you be more prudent. Look long term and never underestimate the power of compounding,,
Alternatively, invest in yourself dude, look into some legit courses,,
How wrong can you get by investing in yourself?
Well, just my 2 cents worth. Don’t take it the wrong way mate.
Cheers!

Mr Ow.

Very sound advice!
to OP, if you don't have a business plan or no experience in business, DO NOT open one, it's a sure way to lose your pants.
Better take up a job in a hawker, learn the trade for 6 months - 1 year and only then once you are confident open your shop.

Best of luck.

[moobs34]

Nowaday every hard to do business everything is so expensive . :(

What/Who is the cause ?

[jaguarbkk]

One thing I learned is you must have control of what you are doing.

Know what you are doing and dunn leave it to others to do for you.

50k is not a lot but it is sufficient to start a business or small investment. Stay grounded and always do your homework. Seeking advice from business owners is good. They will tell you their success and failures. Learn from them.

[sammyboyfor]

Don’t like that leh!

What is my pattern? You said “based on ur pattern”. What do you know about my pattern?

For what it's worth take a look at my "retirement" thread in my other forum at https://www.sammyboy.com/threads/the-retirement-thread.151153/

The only piece of advice I have is to NEVER invest in something that you do not understand. You'll be taken to the cleaners. If you meet someone who is extremely keen to invest your money for you I can guarantee you that they are the ones who are going to get rich at your expense.

My cousin inherited close to $500,000 more than 20 years ago. It was a huge sum of money in those days. 2 years later it was all gone. Instead of buying property or placing the cash in low risk term investments he was conned into investing in various business ventures by vultures who guaranteed him huge returns.

If anyone promises you returns of 30% or more per annum run for the hills immediately. I do my sums based upon a return of about 4% after taxes. I could possibly get 8% to 10% if I took on more risk but I see no reason to. An extra 4% to 6% isn't going to make me any happier so why should I burden myself with the worries that risky ventures bring.

[erkianpeng]

Thank you for the many ideas from kind brothers here, including Sammyboy himself! Thank you also for the many PMs to me.

I am digesting the ideas and advice and am looking for more opportunities.

Kamsia! Keep them coming!

[sammyboyfor]

Thank you for the many ideas from kind brothers here, including Sammyboy himself! Thank you also for the many PMs to me.

I am digesting the ideas and advice and am looking for more opportunities.

Kamsia! Keep them coming!

99% of the so called "opportunities" that others may present to you are actually pitfalls that will suck you dry.

Always ask yourself why anyone who can "guarantee" whopping returns of 30% or more would need your money in the first place.

If I knew how to guarantee myself a 30% return I would now be a billionaire twice over.

You can work things out for yourself at https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php

If you start with a modest $10,000 at 30% interest over 20 years you'll have $3,255,945.60.

In your case you'll start off with $50,000. In 20 year's time at 30% per annum you'll accumulate $16 MILLION! It's a great dream but seldom realised in the real world. You'd need inside information with every single investment you make before that is going to happen.

[NgCheeBye]

If someone tells you this plan sure to make money one . It is better to think thrice .

[LGStar]

If someone tells you this plan sure to make money one . It is better to think thrice .

If sure make money , why don't they invest and make the money themselves ? :D

[erkianpeng]

If sure make money , why don't they invest and make the money themselves ? :D

They always say they have the idea but not the funds.

[Chewbakhwa]

They always say they have the idea but not the funds.

When people say that I smell a rat .

[Jtjan]

Not a banker :)
Of course mutual funds go down when market goes down, mutual funds are made up of stocks, if you want something that won't drop with the market, go for bonds - but be ready to get very small returns.
I prefer mutual funds because I've done my research and feel comfortable with this - first rule in investing is to understand where you put the money in.
Most 5 year periods since inception of the market there are gains, if you go for mutual funds you should be in it for the long run.

I don't invest with banks mostly as I find them trying to sell you insurance instead of investments - and frankly met lots of idiots in the private banking there that do not even understand what a mutual fund is (and claim to be "financial" advisors), I only have very small investments in the bank compared to private firms out there, that if you negotiate with them you can get preloaded fees of 0-2% which is lower than the bank, if you go the SRS/CPF route you will have 0% fees.
Again, when you invest in something you need to understand fee structures, commissions and the like, which I don't mind paying as long as the mutual funds are managed properly and I get good returns, if the returns drop and for 2-3 years I got less than market (S&P500 in this case) I switch funds.


^This, people sometimes look at their bank account/retirement and cry cry there is nothing there... But they never even put anything in there...
Even if you don't do mutual funds/stocks/bonds and just use a savings account, you can still be a millionaire as long as you save.
Timing also plays a role, but not as important as saving.

So i guess you don’t work for a bank.
You work for a private investment firm that sells mutual funds?

[ViVianCunt]

If sure make money , why don't they invest and make the money themselves ? :D

That is a very good question .

[asdatasd]

So i guess you don’t work for a bank.
You work for a private investment firm that sells mutual funds?

Bro, I don't work for a bank, I don't work for an investment fund.
I like mutual funds and have had a good track record with it, you don't have to like it, He asked for advice he got it.

Welcome to do research and prove me wrong.

[PunggolCoastal]

Operate a mobile drink store at Punggol Coastal area. Your potential customer are fisherman, jogger, cyclist, tourist and visiting family.

Perhaps can make money.:)

Hi

I sold my house and have a bit of cash which I hope to invest and make more money.

Any advice and suggestions would be greatly appreciated.

I am sorry for my recent two threads which are not on sex. However I don’t know where else to ask my questions where there are expert bros to advise. This is probably the only forum I go to regularly.

Thank you!

[erkianpeng]

Operate a mobile drink store at Punggol Coastal area. Your potential customer are fisherman, jogger, cyclist, tourist and visiting family.

Perhaps can make money.:)

Where can we get a license for that?

NEA?

[PunggolCoastal]

http://www.nea.gov.sg/docs/default-source/public-health/application-for-mobile-food-wagon-licence.pdf?sfvrsn=2


Where can we get a license for that?

NEA?

[Kopikop]

They always say they have the idea but not the funds.

They can always take a loan, I'm sure the high return is enough to cover the interest of the loan :D

[erkianpeng]

http://www.nea.gov.sg/docs/default-source/public-health/application-for-mobile-food-wagon-licence.pdf?sfvrsn=2

Thanks! Looks onerous. Upped you.

[qwertysg1]

could be a good venture, but please don't take other people's word for it. go down for a few days and see for yourself if it's worth it.

[TaureanLady]

174581174582174583

PM me and I will teach you how to make BIG money from home.

[WhiskeyCoke]

That is a very good question .

Very good question indeed .

[NorthernWood]

PM me and I will teach you how to make BIG money from home.


Did you manage to make big money ???

[TaureanLady]

Did you manage to make big money ???

Enough to not to have to work for others.

[StealTeam69]

Enough to not to have to work for others.

It is good not to work for others .

[larue]

It is good not to work for others .

Valar dohaeris, man. One way or another.