• The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success
  1. Join 40,000+ entrepreneurs
    who are kicking butt and
    winning their dream life.

    Unscripted™ Entrepreneurship:
    A Business That Pays More Than Money, It Pays Time.

    "Fastlane" is an entrepreneur discussion forum based on The Unscripted Entrepreneurial Framework (TUNEF) outlined in the two best-selling books by MJ DeMarco (The Millionaire Fastlane and UNSCRIPTED™). From multimillionaires to digital nomads, the forum features real entrepreneurs creating real businesses.

    Download (Unscripted) Download (Millionaire Fastlane)  Register
    Registering for the forum removes this block!

All I have is Money... Best High Investment Business Ideas?

Discussion in 'Ideas, Needs, Concept Feedback' started by MagicPlants, Jun 2, 2018.

  1. LittleWolfie
    Offline

    LittleWolfie Bronze Contributor Read Millionaire Fastlane Speedway Pass

    Messages:
    563
    Likes Received:
    321
    Joined:
    Jun 28, 2018
    Location:
    Holbeach Hurn
    Rep Bank:
    $520
    Point being, if anyone serious reads this. Leave the USA. Europe and Japan are the renewable/green tech hot areas (Canada and middle east are gaining) the US is probably worse in the area than Saudi Arabia.
     
    Jello likes this.
  2. GoGetter24
    Offline

    GoGetter24 Silver Contributor Speedway Pass

    Messages:
    523
    Likes Received:
    861
    Joined:
    Oct 8, 2017
    Gender:
    Male
    Location:
    Various
    Rep Bank:
    $3,608
    Lol, this is precisely why the internet is no place to look for advice. Everyone spending massive amounts of time wading through oceans of completely baseless fluff like this looking for nuggets, when they could just hunt for a real life mentor and get the real deal.

    The US is still the easiest place in the world to become a millionaire. Leaving the US is for after you've piled the cash. Anyone who thinks they're getting rich by moving to Europe, or Japan and investing in an industry primarily underpinned by public sector graft doesn't have a clue.
     
    jpn, akotu, AlessioLC and 1 other person like this.
  3. LittleWolfie
    Offline

    LittleWolfie Bronze Contributor Read Millionaire Fastlane Speedway Pass

    Messages:
    563
    Likes Received:
    321
    Joined:
    Jun 28, 2018
    Location:
    Holbeach Hurn
    Rep Bank:
    $520
    I perhaps shouldn't have said move, but visit.

    Maybe it is easier for an American to get rich in the US, than a European to get rich in Europe.That is no excuse though.

    but everyone I've got verifiable advice form says go where the market is. Of course anyone serious will know better than anyone else where that is. The US does a pretty brisk trade in biomass pellet exports to Europe, not a lot sold in US. Demand is certainly different in different countries. Pavihaus does quite well here, in the USA, I don't think there is a lot of interest.
     
  4. shubham525
    Offline

    shubham525 Bronze Contributor Read Millionaire Fastlane FASTLANE INSIDER

    Messages:
    230
    Likes Received:
    163
    Joined:
    Jul 16, 2015
    Gender:
    Male
    Location:
    India
    Rep Bank:
    $644
    Yeah , Indian banks offer this kind of Interest.

    There are Fix Deposits also which double money in five years.
     
    FastLaner007 likes this.
  5. LittleWolfie
    Offline

    LittleWolfie Bronze Contributor Read Millionaire Fastlane Speedway Pass

    Messages:
    563
    Likes Received:
    321
    Joined:
    Jun 28, 2018
    Location:
    Holbeach Hurn
    Rep Bank:
    $520
    I had no idea interest rates where this high abroad . Are those fix deposits retail bonds or notice accounts with full savings safety?
     
  6. shubham525
    Offline

    shubham525 Bronze Contributor Read Millionaire Fastlane FASTLANE INSIDER

    Messages:
    230
    Likes Received:
    163
    Joined:
    Jul 16, 2015
    Gender:
    Male
    Location:
    India
    Rep Bank:
    $644
    They are saving accounts with full safety , doubling time is 7 years I guess. All reputed banks in India offer same.
     
    LittleWolfie likes this.
  7. LittleWolfie
    Offline

    LittleWolfie Bronze Contributor Read Millionaire Fastlane Speedway Pass

    Messages:
    563
    Likes Received:
    321
    Joined:
    Jun 28, 2018
    Location:
    Holbeach Hurn
    Rep Bank:
    $520
    Just seen Indian inflation rate , well yes high interest rates of course(even higher rates in Venezuela)
     
  8. levijean
    Offline

    levijean Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

    Messages:
    212
    Likes Received:
    323
    Joined:
    Jan 22, 2017
    Location:
    USA
    Rep Bank:
    $1,821
    Foreign bank accounts are subject to exchange rate risk. Currency depreciation can easily offset any interest paid.
     
  9. LittleWolfie
    Offline

    LittleWolfie Bronze Contributor Read Millionaire Fastlane Speedway Pass

    Messages:
    563
    Likes Received:
    321
    Joined:
    Jun 28, 2018
    Location:
    Holbeach Hurn
    Rep Bank:
    $520
    Exactly. Although a strong foreign currency can help offset risk of currency depreciation at home(but silver and gold can too)
     
  10. levijean
    Offline

    levijean Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

    Messages:
    212
    Likes Received:
    323
    Joined:
    Jan 22, 2017
    Location:
    USA
    Rep Bank:
    $1,821
    Strong currency with a high interest rate is a rare find.
     
  11. LittleWolfie
    Offline

    LittleWolfie Bronze Contributor Read Millionaire Fastlane Speedway Pass

    Messages:
    563
    Likes Received:
    321
    Joined:
    Jun 28, 2018
    Location:
    Holbeach Hurn
    Rep Bank:
    $520
    Norwegian Krona?
     
    Last edited: Jul 15, 2018
  12. levijean
    Offline

    levijean Bronze Contributor Read Millionaire Fastlane I've Read UNSCRIPTED Speedway Pass

    Messages:
    212
    Likes Received:
    323
    Joined:
    Jan 22, 2017
    Location:
    USA
    Rep Bank:
    $1,821
    NOK is stable. But low interest rate.
     
    LittleWolfie likes this.
  13. Adeoluwa Adejumo
    Offline

    Adeoluwa Adejumo New Contributor

    Messages:
    15
    Likes Received:
    4
    Joined:
    Oct 31, 2017
    Gender:
    Male
    Rep Bank:
    $37
    thank you! when you lose 30% of money's worth...no paltry exchane rate will redeem that
     

Share This Page