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/biz/ - Business & Finance


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1132610 No.1132610 [Reply] [Original]

>Get a claim of £10,000 when I was 19
>Still sitting in the bank a couple years later
>Currently not financially independent, working a shitty part-time job while I finish University

Is 10k enough to access some method to make money? Talking as a full retard, entry-level faggot right now. Is there anything I can do with this money which essentially guarentees some sort of profit, or should I dump it in a savings account with some sort of decent interest?

>> No.1132629

lend to a cryptocurrency exchange like poloniex for virtually guaranteed returns of 1-2% per day.

or buy ethereum if youre more willing to take risks

>> No.1132632

>>1132610
ETH is the only way. otherwise no.

>>1132629
nobody actually has 2% fees. they're always 0.03%. it's useless.

>> No.1132635

>>1132629
>>1132632
>ETH
>risks

Really? I'm by no means hoping to double my cash or anything retarded, but a semi-guaranteed small profit would be nice. I'm not going into business or finance as a career, but it always fascinated me and obviously extra cash is nice.

So even a guaranteed 1% return a day is magic to me, just depending on how much I want to hand over.

>> No.1132653

>>1132610
If you wont suddenly need the money you could buy stocks/funds with a high dividend. Getting like 4% is possible, and if you pick very consistent companies the risk isnt all that high.

>> No.1132712

>>1132653
I don't need the money short term, not at all. Small returns are just fine for me, I just want to have some stuff building up. I know it's ridiculous to say "what are some ways I can spend money and quickly get it back in greater volume with 0 risk" but I'm more asking what are some essentially guaranteed ways to usually make a small return.

>> No.1132716
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1132716

>>1132629
ETH IS A SCAM