Stock Market Bankroll

[MikeyEdge]

How much cash do you need to make some decent money in the stock market? If I have $400 to invest, would it be wise to get into the stock market, or is that just a waste of my time/money. Do you need like $10,000 to make it worth while?

And another question, say you had $5,000, would you invest in the Stock Market or would you invest in Real Estate?

[RollaJ]

$400= waste of time and money

What real estate will you be buying with $5,000?

[TStoneMBD]

im no authority in stock market investing whatsoever, but its apparent to me that you need at least 20k before considering investing in stocks. if you can sustain a 20% ROI over the course of a year you are one of the best investors on the planet, which means that if you have a 20k bankroll you would be earning 4k a year. unless you are investing other people's money, you need alot of money before you can begin earning a decent living.

take your 5k and invest in real estate. i wish you luck.

[Glenn]

If you only have $5,000 you should probably invest it in something that will increase your yearly income such as education. Nothing has a higher ROI than a good book. Either that or just stick it in a low-risk interest bearing account, etc..., until you have enough to buy some property or start a business.

[ctv1116]

I'd use it as a poker bankroll and play until you have enough to make some decent money in the market.

[MikeyEdge]

[ QUOTE ]
What real estate will you be buying with $5,000?

[/ QUOTE ]

I'm talking about buying a condo, either a.) renting it out. or b.) fixing it up and trying to resell for a quick profit.

[MikeyEdge]

[ QUOTE ]
[ QUOTE ]
What real estate will you be buying with $5,000?

[/ QUOTE ]

I'm talking about buying a condo, either a.) renting it out. or b.) fixing it up and trying to resell for a quick profit.

[/ QUOTE ]

So would you try to do something like this with 5k or put it in the stock market?

In this example I would hope to make about $200 profit per month via renting a condo. Plus a property value increase per year of about 4% a year. So you could make a profit at about $3000 per year. (Yes I am not counting any refurbishing/upgrade costs.)

If you invest the 5k in the stock market and get a nice10% return you'd make only $500.

Agree? Disagree?

[ctv1116]

Let's say you had 500K instead of 5K. If you can make 3K per year buying a 5K condo, why not just buy 100 of these 5K condos and make 300K?

[HDPM]

If you buy the condo I will bet you a drink your expenses will be about 2X what you planned. It might work out great. But figure on higher expenes and less profit than you have been.

[CardMinger]

Where can you buy a condo for $5,000?

Down the street from me a 1 bedroom is advertised in the "Mid 300's". Of course I dont live in the cheapest area...