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What to do with 10,000 Euros
04-18-2016, 08:15 AM
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#1
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gone traveling
Join Date: Apr 2016
Location: Tenerife
Posts: 67
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What to do with 10,000 Euros
Hello friends
I have about 10,000 Eu( 12,000 usd) that is staying redundant in my bank account, and I have other savings for rainy days and enough monthly income.
Any ideas what one can do with that little sum of money to make it work, and possibly even create some form of entertainment and engagement.
I am open to any ideas from an online idea, initiative, or even physical investment in a very small business managed by myself and run by someone in close vicinity of where I live.
Any thoughts welcome.
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04-18-2016, 09:04 AM
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#3
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gone traveling
Join Date: Apr 2016
Location: Tenerife
Posts: 67
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Thanks, but nothing near me on that link.
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04-18-2016, 10:39 AM
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#4
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Recycles dryer sheets
Join Date: Apr 2005
Location: World Citizen
Posts: 150
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Pay the tuition for a person to attend a massage school in exchange for unlimited future no charge massages!
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04-18-2016, 12:47 PM
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#5
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gone traveling
Join Date: Apr 2016
Location: Tenerife
Posts: 67
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Any other serious ideas would be appreciated.
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04-18-2016, 12:55 PM
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#6
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 39,824
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 Quote:
Originally Posted by languagefan
Any other serious ideas would be appreciated.
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You could enroll in a 3-6 month program to learn to cook.
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04-18-2016, 01:09 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Jul 2013
Posts: 1,046
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Invest in the stock market like most of us here? Other than that any small business if you're passionate about something in particular.
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04-18-2016, 03:23 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Dec 2015
Location: Michigan
Posts: 4,628
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You do not say how old you are or how close to RE. If you want an investment, I would say buy a stock index fund or ETF. If you want entertainment, my favorite thing is travel.
__________________
"The mountains are calling, and I must go." John Muir
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04-20-2016, 07:31 AM
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#9
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gone traveling
Join Date: Apr 2016
Location: Tenerife
Posts: 67
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Thanks for earlier comments. In response:
a) 48 and already ER.
b) already a very capable cook of various cuisines.
c)any ideas what small businesses can be thought of with such a small amount of money?
Thanks
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04-20-2016, 12:16 PM
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#10
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Import parts for minibike enthusiasts in Tenerife to soup up their Honda Dax 70?
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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04-21-2016, 02:06 PM
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#11
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gone traveling
Join Date: Apr 2016
Location: Tenerife
Posts: 67
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Minibike?
Quote:
Originally Posted by NW-Bound
Import parts for minibike enthusiasts in Tenerife to soup up their Honda Dax 70?
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Hello and thanks, please tell me more if your comment was a serious one. Thanks
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04-21-2016, 05:02 PM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2014
Location: Huntsville, AL/Helen, GA
Posts: 6,002
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I'm leaving day after tomorrow for the Euro Zone--to Italy. I'd be glad to spend some of that Euro stash for you.
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04-21-2016, 05:02 PM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Quote:
Originally Posted by languagefan
Hello and thanks, please tell me more if your comment was a serious one. Thanks
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No, I was joking about this business, as I did not know how to start one.
But if I were on this island, I would look to get a Dax 70 to join this club and also to get around.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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04-21-2016, 05:12 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Aug 2013
Posts: 1,893
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Donate it to me, so wife and I can travel to Europe 
__________________
No to consumerism, Living a simple life, enjoying the experience - not the material stuff
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04-22-2016, 09:49 AM
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#15
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gone traveling
Join Date: Apr 2016
Location: Tenerife
Posts: 67
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Lol! Thanks for all advice provided here, that small capital is growing fast by the minute!!
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04-22-2016, 11:46 AM
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#16
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 35,712
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Your question was:
Quote:
Originally Posted by languagefan
Any ideas what one can do with that little sum of money to make it work, and possibly even create some form of entertainment and engagement.
I am open to any ideas from an online idea, initiative, or even physical investment in a very small business managed by myself and run by someone in close vicinity of where I live.
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This forum is full of people who are in the distribution phase, who mostly live off passive investments like stocks and bonds. They don't want to work hard anymore. So, I doubt that they can offer any good idea.
Now, if you ask about how to spend that money for leisure, I think you will hear a myriad of suggestions.
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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