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If you had the ability to earn up to 10-15k in cash per month (temporarily), how could you flip/reinvest that money to make a sustainable revenue stream? (alien.top)

submitted 2 years ago by Nickdoralmao@alien.top to c/entrepreneur@indiehackers.space

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Let’s say a magical fairy hands you $10k each month…lol, that you may stop receiving after a few years. How could you build a business or invest that money so that it becomes a reliable income? And you have zero schooling, just starting from scratch. E-commerce? Buy a food truck? Day-trading? Real estate? What would you do if you were starting from zero and this is all you had? Sorry for the stupidity of this question!

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[–] Palehorse_78@alien.top 1 points 2 years ago

I am in the exact situation. My online flipping business has improved so that I have plenty of capital to invest. I tried knives, and they did not give me enough margin. So now I am learning jewelry. I plan to buy as much designer jewelry pieces as I can and either flip them or hold them for increase in value. I don't like stocks right now with the fed rates, so jewelry seems reasonable.