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Share ideas to make money - Page 2
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micronesia
United States24752 Posts
Where I love lots of tutors get 100 USD per hour or sometimes more. | ||
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Wizard
Poland5055 Posts
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QuanticHawk
United States32106 Posts
In the long term, he'll absolutely make money. Oil is gonna crap out eventually, and investing would be hitting the market before everyone jumps on board. I would have looked like a genius if I bought silver at 2.50 years ago isntead of 9 like two years ago =p But either way, you can't invest and make money without having a lot to throw away in the first place. | ||
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Ecael
United States6703 Posts
On July 16 2008 07:37 Hawk wrote: In the long term, he'll absolutely make money. Oil is gonna crap out eventually, and investing would be hitting the market before everyone jumps on board. I would have looked like a genius if I bought silver at 2.50 years ago isntead of 9 like two years ago =p But either way, you can't invest and make money without having a lot to throw away in the first place. I can say that about anything then  He certainly doesn't make that sound like an investment that will pay off in the long term rather than short term.You would look like a genius only if you can back up your buying of silver then with the talk of the importance of investing in commodities with the fears of a recession coupled with high inflations. A lot of people made money because they have gold/silver hoarded away, not because of being able to forsee the current situation, but because of sheer luck. As for investing and making money, well, you have to start from somewhere? The gains, if managed properly, compound. | ||
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decafchicken
United States20108 Posts
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GeneralStan
United States4789 Posts
Alternative energy by the way refers to energy that is not mainstream, not scams like waterforgas. If I had money to infest, I would start a company to manufactur solar water heaters. Those things are far more expensive than a conventional water heater at the moment (mainly because they require a back up in case of sunny days), but that could chance. The actual solar part of the water heater is inexpensive enough that you could bring the price in competition with a standard water heater, the choice becomes a no-brainer, since one requires fuel most of the time and the other does not. The other option I would look into is investing in a company that either does geothermal installations or small-scale solar/wind installation. These installations tend to run anywhere from $25,000 to $100,000 and generally generate enough power for a mid sized office building (read 25000 s.f.). These installations don't free a building from connecting to the grid, since clouds / stillness prevent them from powering a buildng. I'm at work now, but when I'm at home I'll provide you links to companies that are doing just that sort of installation (the cleverest is a vertical and silent sind installation that pays for itself in 12 years, maybe fewer if energy prices keep rising across the board). A supporting industry for renewable energy that is going to be important is batteries. If you find the company that has batteries that are truly inexpensive and durable with a good capacity, they are going to make an absolute killing. The main problem that remains with all forms of renewable energy is the on or off nature of their source. A battery is an ideal way to store that energy from a time of surplus to a time of need. The other option there is a mechanical form of energy storage. The best Idea I've heard in this regard is a system that when it has extra power pumps water uphill into a resevoir, storing the energy as potential energy. Then during a time of need, it releases the water into a turbine, generating the electricity. Given the cost of copper, to be effective in this regard, the generator from the resevoir and the wind would have to be the same. Another idea I've had is solar powered air conditioning. The immediate benefit here is that the more saun available to power the air conditioner, the more demand for that cooling there is. If the sun is too weak to power the air conditioner, it's quite possible that you don't really need it. Now the idea here is a thermal powered system, rather than trying to generate solar electricty and then use that to power electric air conditioning. The basics of this can be found in a lovely format on Wikipedia: http://en.wikipedia.org/wiki/Gas_absorption_refrigerator. The main disadvantage of solar electricity is the enormous cost of silicon. There has been a revolution in its manufactur that would allow the mass production of panels needed to truly provide enough solar energy to dent our appetites as a country. Since it doesn't have that valuable compenent, solar thermal power seems to be an all around better choice. | ||
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Kwidowmaker
Canada978 Posts
Only way we can give a good suggestion is if you give us enough information. For starters, how much do you want to invest in it (money, time and effort), how much money you are looking to make, whether or not you want to do hard work (physical and mental), and also how large the risks you are willing to take are. | ||
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Caller
Poland8075 Posts
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ilbh
Brazil1606 Posts
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arb
Noobville17921 Posts
On July 16 2008 08:11 Caller wrote: Prostitution Damn..i was too late | ||
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QuanticHawk
United States32106 Posts
On July 16 2008 07:44 Ecael wrote: I can say that about anything then He certainly doesn't make that sound like an investment that will pay off in the long term rather than short term.You would look like a genius only if you can back up your buying of silver then with the talk of the importance of investing in commodities with the fears of a recession coupled with high inflations. A lot of people made money because they have gold/silver hoarded away, not because of being able to forsee the current situation, but because of sheer luck. As for investing and making money, well, you have to start from somewhere? The gains, if managed properly, compound. I only knew about it cuz trades commodities and explained to me the whole process. I was just a high schooler at the time, so I didn't really think much of it. Honestly, the 4-5k I had saved at the time... let's just say it's depressing to think of what I'd have right now if I heeded his advice  And I agree, if managed properly, you can make bank. It just doesn't sound like he's got the loot to start investing in the first place right now =p I also don't think the upswings in metals and whatnot is going to be as MASSIVE as it was the last 12-18 months. It's gonna probably be more gradual now, so not anything good for a short term investment. With prices the way they are now and how volitile the market has been, it wouldn't make sense to short term invest with anything less than like 10-15k. Even then, gains are really minimal. | ||
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Nitrogen
United States5345 Posts
phase 2: ??? phase 3: profit or poker | ||
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HeavOnEarth
United States7087 Posts
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ShaLLoW[baY]
Canada12499 Posts
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Wizard
Poland5055 Posts
On July 16 2008 09:13 ShaLLoW[baY] wrote: blackjack +1? | ||
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nofAcedAgent
United States952 Posts
On July 16 2008 08:32 Nitrogen23 wrote: phase 1: collect underwear phase 2: ??? phase 3: profit or poker oh TL <3.. thank you! I sleep comfortably for one more night | ||
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tube
United States1475 Posts
wizard did you really have to double triple-post to say basically nothing | ||
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BottleAbuser
Korea (South)1888 Posts
Of course, you'll need some capital and be able to pick out good ideas. And a large user base. Nah. | ||
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Chuiu
3470 Posts
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alffla
Hong Kong20321 Posts
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