if you had 20k what could you do to invest it and make more money?

[The Doctor]

Your only down on the stock market if you sell them.It cracks me up every time the stock market takes a fall every news channel reports a black day and huge losses,yes but only on paper.

If you aim to trade shares for a profit your in it for the long term,so if you have to hang on to shares for 10 years to get your big profit then that is what you have to do.Its the same if you buy shares just for the dividends,you basically have no thought of ever selling them.If you cannot afford to wait 10 years and you cannot afford the losses then don`t  play on the stock market.But saying that,nothing ventured nothing gained

[Chris_de_Bear]

Few bits of advice.

Don't put all your eggs in 1 basket. - do something completely different so if the electronics industry colapses he has something left.

Do something he enjoys.

If running 2 businesses, do something that is part time. Ideally something that can be left for periods of time when the other business is flat out.

Obviously, carry out the propper research to make sure the business is viable. Look into hidden on-costs etc.

TBH, the donut van sounds like a good idea to me.

In my case, I run an electronics business, I'm also a partner in a company which builds & operates coin op childrens rides. We invest the time & money to build the site, then sit back & take the income in exchange for 1 or 2 days a week doing service visits.

http://www.airkarts.com/services1.htm


A word of caution on your upcoming contract - dealing with big companies is not always a bed of roses. It's quite common for them to screw you into the ground on price, pay months late or even look for reasons to avoid paying altogether. Just be careful and make sure you don't go in with both feet only to find it's quicksand.

[silverspeed]

I could turn 20k into 40k within 6 months.. easy.!  Just got to have talent.