Topic: What would you do in this situation? Invest or save? - page 7. (Read 1567 times)

Taking a loan amounting to $5k is actually not bad if you have a stable job to pay for it. But if you have low income paying job, then don't bother to do that. It will only add more risk to your future investment.

However, given on the choices, I need to be practical this time and just keep the $15k while I'm busy finding additional job that will give me extra income. That way, I know my $15k will never be at loss and will always be fixed, while earning more from a new job that will complete my investment capital.

As always expenses rises due to inflations so keep your money in the bank with the low APY percentage is not ideal try to make a circulation the money, you don't need a large amount to start a business or make an investment as long as you know what you are doing and you can manage your money easily its good, life is full of risk, people say that get out with your comfort zone there's no person getting rich in working 8 hours a day than making a business and gains a lot of more every day than you are earning per day. Ideal to do the 50-20-30 ration in investment, savings and needs so you don't need to worry about too much in your money. Its hard to spend a lot now.

Keeping that amount these days is likely to lessen its value due to the inflation that happens left and right and to the most countries.

I'll put it on a business or will do a rental business and will be putting that into renovation so that it will make me money. It won't be affected by inflation, I get my rental property appreciation due to the renovation.

And making passive income out of it will be easier. If $10k is doable then I'll take the $5k to save just for the save emergency fund or as an extra if there will be more expenses.

I wouldn't put it all in as I will still save some for myself.

$15,000 is 75% of $20,000, it's a lot of money and it would take me some time to save up to that amount. If I'm not sure of the investment, I will not hastily commit $15,000 into a smaller business with the hope of turning it to $20k as many things could go wrong, I could lose my savings and I may not be able to save up to that amount again. So I would take my time to evaluate the business if it's genuine, profiting and worth investing. If it is, I might take my chances but if it's not, I would rather keep saving until it gets to $20k and use it for my dream business.

I'll give you a practical life reply from my end. I also do have a dream business I have placed in mind to run from since I was in college it's a rental business enterprise but I haven't been able to start it because of other responsibilities taking up the monies that come in handy and other projects I have and hopefully to complete in short time. But if am to have about 80% of the amount needed to start the business I won't hesitate starting it at least from somewhere.

 It's a dream business doesn't mean it must start big, because it's a dream because that's why it has to start anyway be it from small your passion and determination towards the business based on your dream for it will propel you to build it bigger even with that amount of $15k you mustn't wait till you've gotten the $20k or you may end up waiting forever and if life happens other circumstances beyond your control might waste that $15k from your hand while waiting to make it $20k.

Every business has its own peculiar associated risks and drawbacks which may take passion and love for the business from you to withstand and face those risks even when all seems not to be going well. But when running a business you never intended to but doing it as an option you're bound to easily fall on the way side when the business faces tough challenges that threatens it's survival. So instead of starting some other small business rather start the business of your dream in a small way with the available amount.


Don't  keep the $15k just start it. You will be wasting time and time is money.

Why should you wait until you have enough money to start a business, $15,000 is not a bad amount if the amount you need is $20,000. To avoid much bigger risks that could threaten the entire value of the money you have prepared for business capital, $15,000 is enough as an initial step to start a business.
This situation depends on your financial condition. If you feel you will be able to cover the shortfall in the near future, there is no problem waiting until the amount of money reaches $20,000. Your decision really determines your financial condition for the future, start something that can provide easy income for you without having to delay until the targeted amount of capital is sufficient.

It is best to start a business when you already have more than enough money. If you have only $15k and the required capital is $20k, you'd better prepare $30-40k before you start. Why? That $10-20k excess is for your backup money and for additional expenses. Also, you must anticipate the situation that your business may not give you profit right away but the expenses continue so there still be money reserved for that. You'd better continue working and find another business type that suits your savings.

I won't do this because I have bad experience from doing exactly what this is advising. When you want to start a business and have already started saving towards that business, stick to that business because you would have done your research without any biased judgement and have seen the pros and cons of the business before you took your decision to start it. When you leave that business for a plan B, it usually doesn't work out well because that wasn't your first choice and your mind will always be on the first business. It's only on rare occasion would you fall in love with that second option that you just taught about as the first business isn't available for you to start. The potential of you losing everything is high and it doesn't make any sense to take such risk when you could have easily done the second option of looking for money to complete the capital for the business.


This is the simplest and smartest thing to do. You have already raised 75% of the capital you needed to start the business why not continue, what's stopping you. With that amount you could get support from your love ones to complete the money because they'll see your determination to start the business or go to the bank to get a loan. In this case asking for a loan is for a greater good and you're not borrowing to waste on liability but for Investment that can yeild good returns for you to pay back the loan and interest. If you still don't what to do any of those then you can hustle for the money by working and you'll get more fulfilment when you achieve the full sum that you'll be so invested in starting the business.

Saving would really be the less risky part rather than on investing it but it would really be that be slow compared if you are trying out to put it up on some investment but if you do saw that the saving pace isnt really that
slow because you do know on how to save up and reach out that another 5k then it would really be that ideal that it would be better that you should really wait for things to be intact. We do know investing or
making some business would really be that so risky and its not something that would really be that recommended considering about the risks but if you do want to fasten things up and could possibly be able to
make money or profit which is more than on what you do need then business or investment could really give out that kind of opportunity.

If you are in a rush phase then this one isnt really that something that applicable yet knowing that $10k investments which making up some gain even on 10% movement
isnt something that we could really easily see today considering about the price movement on which it would really be just testing out your patience and wont really be
that able to see it as a good option for you to take because lets say it is really that quite so slow.

If I had the capital of 20k dollars,the first thing was invest of the 10k in the bitcoin.Because at the mature period now,nearly five years up to the old pump.So many old trader in the forum was mention of the new all time high.So it had huge value,the bitcoin will give the good profit next year.The balance 10k dollars can be filled with the Ethereum for the 5k dollars.The Ethereum also reach the 3k dollars at the time of bitcoin all time high.Balance 5k can be split in the BNB,Solana,Ripple,ADA and Matic.

Building a business requires determining planning, targets and time, even if you have large capital without business management knowledge you will experience large losses. Don't rush into deciding to start a business because you have to review the market potential according to your type of business. However, instead of the first option, there is the potential for a large loss of up to $15k if we experience it if we mismanage our business investments, considering that the impact of the loss is very large, we have to switch to the second option, even though the $15k is not used. to invest so as not to impact the loss factor, we only need to do a new job to collect the remaining 5k in a year, perhaps that is the most effective suggestion to mention the target to be achieved.

To me it's best you save!
It's the person's dream business we are talking about here and out of $20,000 you got $15,000.a tendency your dream business achievement is becoming a realistic form.

Just so you know you might as well invest and mind you your returns might be for a longer period but as pertaining when you need the remaining it's preferably advice you  save up and find other means to raise the complete figures to go about the business.

Agreed, many things depends on the type of business. It would be easier if the OP could give an idea about that type. Normally we think that starting a business with 20k where someone can collect 15k by himself will not be difficult to collect another 5k. First he needs to understand how long he will have to wait to arrange 5k by himself. If it is long or time consuming then there are two ways to choose. Either he has to raise money from some other source or he has to wait. If he wants to do business, he must take a quick decision otherwise someone else may start the business in his place. So I think if he can arrange that money from somewhere else that might be a good option.

In a situation were the $15,000 & the $20,000 has a potential to lost then it is better you start up somewhere investing with the $15,000 as long you don't have a prosperous assurance if investing with the $20,000 as the background of business fluctuates the one invested with the $15,000 could be a favourable one to your success besides... In an investment you maybe haven't had experience about but wishes to get into it, it is mostly advisable to start with a little tolerable capital if there is a crash possibly if going successful you can increase on your capital.

But if you must save the $15,000 while you awaits a long time to realize the $5,000 remaining in a very long time as you said, then I would advise you invest it on Bitcoin and with such a long time you would find every reasons to divert your thoughts of investing in other sectors to the Bitcoin investment because it is a system on digital trading system that if as much you can hold for a long time is how hug income you are potential to make.
So here you should understand that on the poses of saving your &15,000 til it yields you a $20,000 to start up your investment has then proffered you lucrative saving strategy and I bet you would have no other choice than not just saying you are saving your your money in Bitcoin but proudly to say you are investing on Bitcoin at it end long time you thought of withdrawing your money.
Good luck 🤞

You can see the current condition of society and the world, everywhere we will hear lots of complaints about business stalling, economic growth stalling, many companies going bankrupt and so on, The current situation indicates that business actions are not profitable, on average they close and go out of business, this is a sign that whatever business you want to do is not good, with various factors, maybe waiting for the world economic situation to improve, it might be worth talking about a business with capital of $15k.

For me with a capital situation of $15k, if I consider turning around and improving the economy with existing capital, the consideration worth focusing on is investment, The meaning of the word investment is divided into two stages.
1. $7.5k for the crypto part and
2. $7.5k for physical parts, e.g. gold etc.

 With the two methods above in mind, I think it's the best decision with the current situation, who knows the crypto share of $7.5k could be double in the next year and likewise with gold in the following year it could be half of the capital, the profits that can be achieved, investment and business with the current situation make investment more convincing, that's my opinion.

you are only 25% away from your dream business, you should keep saving money till you achieve your goal. I am saying this because it is your dream business we are talking about and anything else you do won’t make you happy. It also depends on your financial skills. If you are an experienced investor, you may invest that $15k in various assets and wait for a while but since you are asking this question you are probably not an experienced investor. That means you should find a job and save money. I wouldn’t advise you to invest in alts too. Too risky. Maybe buy some high yield short term government bonds.

I think for this depends on what business you want to do because of course when talking about the nominal that must exist to create a business it is only a rough picture because in the end things like that can be more or less which is indeed it adjusts from the budget that we have.
As for the options available if you really want to run a business then I think there is nothing wrong if you continue but the scale is smaller than the business you want to cover because this also refers to capital or if you want to be safer then look for other additions so that we can meet the shortcomings of your business budgeting.
Doing it in Investment is good but we must realise that investment takes a little longer and investment is not just saving money and then a few days later getting a big profit.

I will prefer this option, because it is the safest and best option for one that wants to start big with $20k, if it happens that $15k wouldn't be enough to stand the business to what is expected. Since you said it is a long-term period of time, that I need to look for the balance, then I will prefer to use the $15k to invest in bitcoin, since the bull run is coming up soon. This will generate the balance of $5k that I will add up to start the business. Who knows I might even get more than $5k after I sell the bitcoin that I bought. As long as I have what gives me income, it is cool.

Actually, I don't know what type of business that you have in your mind, but it is better to make sure that you don't start up a business that will not be able to stand and yield good profit due to some unforeseen challenges that can occur when setting up the business. It is also better that you don't use all the $15k to put into the business that you want to manage, if not they business might fail, so you can use $11k and keep $4k for any obstacle that the business will face. I will rather just invest in bitcoin as my business and wait for one complete circle before taking profit because I know that there is no business that can give massive income compared to bitcoin investment and I will save my self the stress of insufficient funds and some unforeseen business challenges that I might encounter.

But do you think that interacting and establishing relationships with wealthy individuals is easy? We all know that our society has a class division, businessmen only make friends and socialize with businessmen, employees will hang out with employees...How many cases are there of rich people hanging out with poor people, sharing ideas of getting rich with each other? If you want to have a relationship with rich people, you must at least have money or some talent to attract their attention. Otherwise you are nothing in their eyes.

Honestly, with a capital of $20k and wanting to start a medium to large scale business is very difficult, it will go nowhere. So let's start step by step with the smallest and most suitable ideas for us.

This is an important point, whatever the circumstances, we don't need to rush in making decisions because something that is rushed will be detrimental later. However, before doing anything, be it business or investment, we must first understand the situation and conditions, we must make decisions with a mature mind.

Everything we want to achieve certainly has risks, so after we think carefully in making decisions for both business and investment, we have also taken all risks into account. Because the money you save will not increase, instead the money you have will experience inflation. To seek profits, you must be prepared for all the risks involved, of course, accompanied by sufficient knowledge and caution.

Knowledge is the source of all success. Without knowledge, all the decisions we take will not go well, we could even experience bankruptcy in business, and investments will suffer losses.