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| *The Commerce Journal>>>Boston |
I get 20.000 in a few weeks and iv been thinking on how to turn it into more? |
i was thinking about renting a small store and buying urban clothes to sell cause i can get the clothes real cheap from ny and sell em for twice as much were i live or if any 1 has a better idea pls let me know instead of opening a shop you can buy things wholesale such as pet items or make jewelry, then make a website and sell there. You can make a great profit. Or you can skip that all together and either invest your money or put it into a CD account and let it gain interest. I am still deciding what to do with my money I get in less than a year. I get 17K can't wait =) I'm either doing the CD account or investing to use it for student loans or a house down the line. Congrats and good luck with it. Just don't get overwhelmed by it and "take some out" to spend...It will go very quick and pointlessly if you do that. I would take it and put it in a CD you will get a return of about 3 to 4% on it a year and just keep letting it grow. At 3% you will make about 600 a year. I know it's not a whole lot but it will grow over time and keep getting intrest. That's just my opinion. I tend to play things safe. I wouldn't open a retail shop in the current economy. I don't think the amount of money you have is enough to bankroll a traditional storefront. Why don't you try selling the clothes on eBay? If you have a computer, you already have all the tools you need to begin selling. 20.000 is not a lot of money dont be so quick to spend it put it in an orange account and save it for a couple of years.i got an xtra 40.000 ck last and paid 10.000 in bills and the rest went pooffffffffit feels like your rich for a moment and then your back to the paychecks before u know it. GOOD LUCK |
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