Topic: Where would you invest if you had 40$/day ? - page 8. (Read 28696 times)

It will always be better to invest into more trusted investments rather than trusting and investing to those scamming and fake ones. But that amount is not even enough to give you bigger profit because in bankroll casino's the bigger amount that you are going to invest, the higher return you may get. And if you are going to invest and add $40 daily for it, that's a good move.

That is much better than investing in investment scams that keeps on popping out. But for me, $40 a day as income I think is good enough to just be kept, you are expecting each day such an then probably it;s from regular day job. But if I have a time, I would put it in real life investments by opening up my very own shop.  The choice is all yours if where you are going to use your money, just make sure that you have knowledge in where you are putting it.

$40 it is not that much, but when you do the math then monthly you will earn $1200 and this sum is starting to look like some serious money worth investing.
So my advice, don't spend $40 investing it into different casino's bankrolls or other stuff. Don't split your income. Wait until you will be able invest at least 1 BTC at once.

I will probably invest in a bitcoin casino bankroll  that allows me to withdraw at any moment so I can take advantage if there is a big bubble forming and sell for a profit, rinse and repeat.

I think it is possible to get good gains in trading with this investment. However, it is important to be aware that certain price variations are very difficult to predict. In certain situations Bitcoin is very bullish, but unexpectedly there is some price fall, and in certain situations the investor only understands the causes of it hours after the event. I think it is important to be aware of these risks, and I also think it's advisable to invest only part of that money, because of this instability.

If I am already earning 40 dollars a day, I would be contented because it is enough for me. I will just focus on it and improve what I can do more to make it higher instead of looking other investments. But if you really need other things to do and other source of income, start a business that you wanted like buy and sell.

I doubt the interest is to open some business into real world, several fees will come into the business, better open a business online, some exchange service or companie related to bitcoin, can be casino, dice or any other thing. But the fact the most people suggest trading is because the big volume is present there, soo there is a way to get over 40 dollars even not being instant.

Lol for you 40$ per day is less?
I think you should probably calculate how much it will turn to per month and after that how much you will get annually.
Looking at your attitude it seems that you will soon land into trouble.
Have some value and some respect for money.
No one is even going to give you $40 a day.

That means you leave your money die. It takes a long time for you to have a enough amount of money to run your own business and if you just hold your money in cash, it will be a disaster because the inflation will affect and kill your money slowly. Soon, you will realize that with the same amount of money, you can not run any business in about 20 years later due to the inflation

I agree with you! Invest it in real life if you are earning that big amount of money in a day then you should save that and after saving that if you do have enough money to start a business in real life then withdraw it and invest it in real life! that is the best strategy that i could say

40$ a day profit is not enough for you? Woah i think for me its very enough since i am not money waster person and also 40$ daily profit is pretty huge rather than any low paying salary jobs, but anyways the only area where i can mostly see that we can earn a 40$ or more is in tradings and surely that would be the thoughs of the other people who is profit seeker, and also we can also earn on loaning but this is risky one to go for.

Woah. If i Had 40$/ day inco me, i would like to save it first then if it bigger enough i will put in into real investments like stock market, real property, cryptocurrency trading. and some real business, that would be nice if you have LEVERAGE !  

Fiat probably, any fiat currency would be where I'd invest $40/day.

No doubt about it!

The best part about investing in fiat is that there's always more being made, so it's always cheap to buy and cheap to spend! The second best part about investing in fiat is that it's everywhere, government control certainly has its benefits! Last, the third best (but maybe really for sure the best) part about fiat is that it comes in paper, which means it's great for making paper airplanes, making straws to...err...ingest things through, and perfect to be folded over long ways to slide in a stripper's string.

If only I had $40/day to invest...

It is still much better for you invest it to buy a coins whether in trading platform or potential ico that has promising project. Then do some trade in the exchange site, besides 40$ is enough as daily profit.

$ 40 is too much, maybe I'll start to invest $ 20 each per day on a trading site, or at the ICO project being famous. I think it could make you have a lot of advantages. or perhaps invest in minning sites that will produced you money every day. Well, if you invest money that you have every day as much as $ 20, I think you will quickly become a rich man. 

I know of a few different things that someone could invest even with small amounts of money.  I will give one example here that I have used over the years called prosper.com.  I am not affiliated with Prosper at all other than I have been using them for quite some time.  Prosper is a peer to peer lending site the removes banks from the equation.  You can choose how much risk you want to accept by using their weighting system for loan risk.  If you don't want to take as much risk then only buy AA or A rated loans.  If you want bigger returns and are willing to accept more risk then you can venture into the riskier loans.  The time frame for repayment is typically 3 years.  Loan investments are broken into $25 chunks at a time so that you are not putting too much money in one loan in case of default. 

There is also an automated reinvestment process as well if you choose to use it.  As your loans get repaid to you the system can automatically reinvest your cash as  it hits $25 or more back into the next available loans that meet your criteria.  You can get as involved as you want, or you can put it on autopilot and let the system keep reinvesting for you.

It is not without risk.  You are hedged by covering a lot of loans with small amounts, but if borrowers default you can still loose money.  In the 2007-2008 time frame when the economy tanked I took a beating there for a while.  Even people with very good credit ratings and "low risk" loans were defaulting.  So this isn't a magic money machine.  But since that time and the economy stabilized the rates of return have been pretty consistent with only the occasional loan default.  So it has worked out pretty well. 

The downside is that your money is tied up for the duration of the loan.  So it is not a liquid investment vehicle at this point, but decent rates of return are possible.  If you are a risk taker you can get pretty good rates of return if you feel like gambling in loans with people with less desirable credit scores. 

If you have any questions about prosper.com I can tell you what I know.  I wish I had invested more in prosper over the years, but after I was burned there for a couple of years with the bad loans I really more or less forgot about it and only left a little bit of money in there.  That money has continued to grow on autopilot and now looking back I should have just continued to put a little into proper as I went.  As long as your time horizon is long enough and you don't need the cash immediately it can be a good investment option. 

What is your desired rate of return?  What is your risk tolerance?  How liquid does the investment need to be(do you need to have access to the cash at any time, or can it be tied up for specific periods of time)?

Or it's hard to make significant amounts of money if you don't have initial money to invest. Legit investments will give small % return only, to make it worth we need to invest a big amount of money and I bet 90% of members in this forum don't have enough money to do it.
The only way is to work, earn money, save it and invest later. It can take too mcuh time depending what you do for money, in the middle of way many persons give up, because it's a hard way.

I would probably invest in some bitcoin gambling website. I put some money in safedice.com a while ago (small amount) but I made pretty good profits (not affiliated with them). Altcoin trading will either make you the most money or lose you the most money  .
It's hard to make significant amounts of money unless you have some skill like web developing for example.

With 40$ a day, you can easily experiment with trading. It's not that I don't mind losing some money but I really think that it's worth risking those 40$ since you would get another one tomorrow anyway. If you lose money on trading, it's okay since you have learned something. I would definitely do altcoin trading with that 40$ and the majority of what's left will just be saved and the others would go to ICO investments. If you do not have some sort of business plan, trading would be good but it would be really much better if you would franchise some food stand or something in real life. You can't expect anything big from altcoin trading since the market doesn't move significantly everyday.