In some other Post, many person were against getting loan from bank but here everyone is trying to jump on the offer. Truth it is difficult getting find outside bank loan or loan from other sources. If you have weigh the pros and cons of this business and there is a conclusion that you can make enough profit to pay off the loan, then I suggest you take the loan.
Can you convert $1.5k to make faster return within six month?
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I would definitely go for the offer as it is with almost zero risk. I will spend the next 6 months to carefully diversify how the money would work. I am pretty confident in my ability to turn that sum of money into a higher one. I am actually wishing i had that kind of opportunity right now.
Never 6 month is just out of the equation.... I know quite right that the amount of money should be able to start the business but cannot sustain the business not to talk of return after 6 month. Unless its a crypto currency business anyways or some dubious form of making money.
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If you want the short and the risk choice, go with mining and trading Crypto because it can give you what you want.
If you want the long and best way, you should start an offline business like making food, products, and phone shop (select the field depends on your country's skills and conditions).
If you want the long and best way, you should start an offline business like making food, products, and phone shop (select the field depends on your country's skills and conditions).
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- #45
I love Crypto trading, phone shop, only when i bought from cheap vendor and resell for reasonable profit. I've already tested Cryptocurrency trading, and made some profit through it. I'm still learning gradually, only time will tell where it will land me.
phone shop is a really profitable domain however needs a lot of money to start. I have a friend who was studied with me at the high school, he made a phone shop and it costed it more than 6000$ to buy the new phones and accessories ...
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- #47
$6000 is a reasonable amount to establish such business. I believe he made reasonable amount of profit through it?? That's the kind of capital I just need to start such kind of business. But right now, I'm just managing my small offline gaming network.
He didn't make a good profit yet, but I am trying to help him by promoting his Facebook page to get him some clients and make his shop famous in our city.
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- #49
I believe he's from same Algiers with you?? Its just awesome that you're helping your dear friend, to find customers for his or her business. In order to record more sales and make good returns.
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In such situation I would first love to know how much interest is the fee attracting and how this interest is supposed to he paid. If this factors are favorable then am sure going to to collect the loan and use it to make profits and pay back.
I would invest the money into selling good and beautiful clothes and attires that are trending , so when i get people to purchase my products i will make more money for my self
Considering the types of businesses we have, six months may be a relatively small amount of time to repay back that huge amount as most businesses take time to establish, I would rather invest in bitcoin.
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Poultry business is very lucrative business in my place. I think I can convert $1.5K to $3K in six months by investing on poultry. I am saying this not from my experience but from what I have seen my relatives do.
This is really big , then the poultry farm must be really big ,when you are willing to earn such amount of money , because you need to get the necessary things done and create a coincidence environment for the growth of those animals in the poultry
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This is really big , then the poultry farm must be really big ,when you are willing to earn such amount of money , because you need to get the necessary things done and create a coincidence environment for the growth of those animals in the poultry
However, in order to profit from poultry, you need to know about lot of things not just about the birds but also about their food, diseases, etc. Initial investment is little high.
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In today's economy, having $1500 would ensures that you have a lot of business ideas. The one I think stand in top for me and due to my location is the business of restaurants because they are always on demand here especially if you deal with snacks and fast foods.
Most people have the knowledge and skills to execute an investment successfully,but the problem is capital,if I have such capital I will venture into piggery business and fish farming.
As easy as it looks, it is not that easy to make such amounts which is 100% of your initial capital in six months. The types of business you use the capital for also go a long way in determining if it will be possible to make such amounts of money within a period of six months.
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If well utilized in a promising venture it will bring profit in that period if you truly have background knowledge about such business that you're investing on.
This depend on the kind of business which you want to stand to some business that money is too small why do other business it will be enough.
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