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!
I think that the best investment is to invest in yourself.
Git gud and you will earn more.
Man just accumulate money and invest it wisely if you want to play safe . If you are a risk taker you can easily start any business you like simple I my case i will surely go for 2 option my dreame startup
Real estate is always a good business.
But it can also be so many things - depends what you wish to achieve - may be you already have a company or an idea, so invest the money in developing the ideal product.
I’d earn the money before wondering what to do with it.
Double down on what is making me money right now (if it’s businesses related)
Spend a little to set up a business, buy a domain, etc…
Partner with a few other businesses in emerging tech by telling them I’ll bring them clients.
Spend up about $400/month on a lead generation system and start sending out messages.
Bitcoin
The thing is it depends so much on you. I loved owning real estate but for many dealing with the hassles sucks. I have a cousin who is Harvard educated - for him what I did was chump change.
I think you need to inventory your strengths and tolerances and design a plan that works for you.
A previous poster recommended education - finding a mentor who has done what you want to do might be the best practical advise given.
Have you tried to consider selling on Amazon and Walmart. I started amazon business with my student loan repayment money I saved from January 2020 to December 2020. I am not making too much money but I get paid btw $4500 to $7500 every two weeks which includes my cost of goods. So you have a good amount to start but you have to hire someone who knows the business very well. Good luck!
if I had 10k/month I would start an investment fund like any kind of fund i.e. VC, investment company anything in the banking sector. It might take some time to get a steady income but when it does it good cash
i am just a nerd