The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Investing $50,000

Remove ads while supporting the Unscripted philosophy...become an INSIDER.

DURABLEOILCOM

New Contributor
Oct 25, 2012
47
16
17
What can I do with $50,000 to create monthly income? Where and how should I invest it? Is it better to go to Charles Schwab or Vanguard?
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Odysseus M Jones

Cheekbone
FASTLANE INSIDER
Read Millionaire Fastlane
Speedway Pass
Feb 2, 2020
224
212
97
50.4555° N, 4.4647° W
Ask yourself who cares most about your money?
Certainly not a mutual fund manager.

Start a business.
50k invested in the markets will only get about 5k income.
If you're lucky.

Take luck out of the equation & take control of your finances.
 

The-J

Legendary Contributor
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Aug 28, 2011
3,640
8,675
1,966
Ontario

Odysseus M Jones

Cheekbone
FASTLANE INSIDER
Read Millionaire Fastlane
Speedway Pass
Feb 2, 2020
224
212
97
50.4555° N, 4.4647° W
I agree, tuna fetches a princely sum in the Tokyo wet market
Domo arigato J San
I'll wager ¥100 the OP doesn't even reply to this thread
 

ZCP

Legendary Contributor
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Oct 22, 2010
2,725
9,275
2,206
Woodstock, GA
What can I do with $50,000 to create monthly income? Where and how should I invest it? Is it better to go to Charles Schwab or Vanguard?
you've been here long enough to know to ask a better question after doing some of your own research.

rephrase and be more particular. what areas are on / off limits? what is your desired outcome?
 

ZCP

Legendary Contributor
Staff member
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Oct 22, 2010
2,725
9,275
2,206
Woodstock, GA
What kind of business can you buy with 50k, that makes sense? Legit curious about this thread.
take a look around and report back.

there is a LOT of opportunity out there.

your response reads like a limited belief. do you think you need more or less money to buy a business?
 

Odysseus M Jones

Cheekbone
FASTLANE INSIDER
Read Millionaire Fastlane
Speedway Pass
Feb 2, 2020
224
212
97
50.4555° N, 4.4647° W
I'll wager ¥100 the OP doesn't even reply to this thread
My ¥100 is still safe.

The saddest part is when OP's don't reply, it discourages the experienced members like RCP & The-J from helping & when a genuine newbie asks a question it may go unanswered.

Not good @DURABLEOILCOM you've been online several times today & not even acknowledged the time people have taken to offer advice.
Same goes for your mobile phone thread that your also started today. :frown:
 

Don't like ads? Remove them while supporting the forum. Subscribe.

OP
OP
DURABLEOILCOM

DURABLEOILCOM

New Contributor
Oct 25, 2012
47
16
17
My ¥100 is still safe.

The saddest part is when OP's don't reply, it discourages the experienced members like RCP & The-J from helping & when a genuine newbie asks a question it may go unanswered.

Not good @DURABLEOILCOM you've been online several times today & not even acknowledged the time people have taken to offer advice.
Same goes for your mobile phone thread that your also started today. :frown:

I am trying to Safely generate supplemental monthly income without taking dangerous risk and losing it over night. Goal safely invest generate income.
 

Roughneck

Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Oct 14, 2018
67
98
117
I am trying to Safely generate supplemental monthly income without taking dangerous risk and losing it over night. Goal safely invest generate income.
Everything comes with risk - lower the risk usually equates into a lower return. It's up to you to decide on what your risk appetite is.

As others have said, investing into the market (especially with low risk) will mean minimal returns - lucky to produce 5k a year.

You can always run a business that is inline with your expertise to reduce risk/failure. If it was me, I would be looking at creating or buying a business.

Please note that I am not a successful entrepreneur (Edit: not yet!), this is just my own opinion.
 
Last edited:

Lucky Lu

Bronze Contributor
Read Millionaire Fastlane
I've Read UNSCRIPTED
Speedway Pass
Nov 2, 2019
210
190
83
Newport Beach, California
take a look around and report back.

there is a LOT of opportunity out there.

your response reads like a limited belief. do you think you need more or less money to buy a business?
Yes, I don´t deny that maybe comes with a little pinch of limited belief as a condiment but I was genuinely curious about what you guys were seeing on that range of money. I need to jump the gun on a real business not derived from my actual jobs. I managed to buy a little studio apartment in these rough times though. Seller was a construction company and they were willing to take one of our cars and a private parking space as half of the price and the other half in actual money, with a few installments using seller financing. I will tell all in detail in another thread. But I really want to set up or undertake an actual business.

Thank you for the input though, always someone more experienced and better is reading and ready to send something back. Cheers!
 

PapaGang

Silver Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 10, 2019
289
740
279
Milwaukee, WI
What can I do with $50,000 to create monthly income? Where and how should I invest it? Is it better to go to Charles Schwab or Vanguard?
Read this:
Amazon.com: Buy Then Build: How Acquisition Entrepreneurs Outsmart the Startup Game eBook: Deibel, Walker: Kindle Store

Then invest in yourself and acquire a business that you can add value to. If you make good decisions and do the real work, your returns will be a multiple of whatever returns you are thinking of receiving from the stock market.

MJ preaches control over your future finances, not outsourcing your future to Wall St. where you lose the commandment of control.
 
Last edited:
  • Like
Reactions: Kak

PapaGang

Silver Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 10, 2019
289
740
279
Milwaukee, WI
you've been here long enough to know to ask a better question after doing some of your own research.

rephrase and be more particular. what areas are on / off limits? what is your desired outcome?
Zane quoting directly from his engineering flowchart :rofl:
#truth
 

PapaGang

Silver Contributor
FASTLANE INSIDER
Read Millionaire Fastlane
I've Read UNSCRIPTED
Summit Attendee
Speedway Pass
Jul 10, 2019
289
740
279
Milwaukee, WI
What kind of business can you buy with 50k, that makes sense? Legit curious about this thread.
According to what I've been reading (I'm no expert), assuming you can procure an SBA loan or something similar and your finances are in order, conservatively you could use that 50k to buy something in the neighborhood of 250 - 300k, with discretionary monthly earnings of 7 to 8k. All back of the napkin estimates.
 

Don't like ads? Remove them while supporting the forum. Subscribe.

Last edited:
  • Like
Reactions: Kak

Kak

Who is John Galt?
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
Summit Attendee
Speedway Pass
Jan 23, 2011
6,017
26,064
4,554
What can I do with $50,000 to create monthly income? Where and how should I invest it? Is it better to go to Charles Schwab or Vanguard?
How you made the 50k matters too.

If you currently have a business that is generating more savings like that, is not crunched for working capital and already has money to grow, it might be a good time to take a look at traditional investing.

Otherwise I would amplify what is already working.

You could very easily park money in popular ETFs that track whatever you want

You could look at some real estate as well.

Someone in the crypto thread mentioned how bitcoin has basically outpreformed like 90 percent of the funds over the last 5 years. Something like that. Go check out that thread if that interests you. It interests me for sure. It has obviously proven itself as an asset class at this point.

I am personally with JP Morgan’s self directed platform and Ameriprise. Real estate is also something I am pretty passionate about.

I would avoid giving it to “money managers.” Self education on this goes a long way.
 

Kak

Who is John Galt?
EPIC CONTRIBUTOR
FASTLANE INSIDER
Read Millionaire Fastlane
Summit Attendee
Speedway Pass
Jan 23, 2011
6,017
26,064
4,554
According to what I've been reading (I'm no expert), assuming you can procure an SBA loan or something similar and your finances are in order, conservatively you could use that 50k to buy something in the neighborhood of 250 - 300k, with discretionary monthly income of 7 to 8k. All back of the napkin estimates.
This is not out of the realm of possibilities.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Sponsored Offers

  • Sticky
MARKETPLACE Fox's Web Design Guide: Earn $100K this year (Yes, 2020!) and Go Fastlane
Everything you write about is so convincing and so adequate to my expectations that I can't...
  • Sticky
FEATURED! Introducing... WEALTH EXPO$ED, A Short Story By MJ DeMarco
would this be available in paper version? I know it's short, but most of my family is...
  • Sticky
MARKETPLACE KAK’s “Kill Bigger” Incubation Program- With DAILY personal attention.
I would also like to welcome to the traditional incubator @JustinY I am excited for what we...
  • Sticky
MARKETPLACE Lex DeVille's - Advanced Freelance Udemy Courses!
April sucked. You were forced into your homes, into different lifestyles. For some, it was an...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Here is where you eliminate uncertainty from the future! I wanted to post this image as I...


Visit A Forum Sponsor
sponsor

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Monthly conference calls with doers
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom
AdBlock Detected - Please Disable

Yes, ads can be annoying. But please...

...to support the Unscripted/Fastlane mission (and to respect the immense amount of time needed to manage this forum) please DISABLE your ad-block. Thank you.

I've Disabled AdBlock