Art and Design Online Blog

Playing With Money

June 5th, 2009

If you have a bit of cash saved up, playing with money can be a way to make more. Of course I mean investing it, but in the less-common more-creative ways, and in short-term projects. For example, I once put up $900 to help a friend buy a pickup truck that he could sell for a profit. A week later he sold it for a net profit of $900, which we split. A 50% return in a week is nice.

If you have friends who know something about the value of cars, boats, snowmobiles, motorcycles or any easily-sold large items, you can try this without too much risk. In the case above, for example, it was very unlikely that my friend could have been so wrong that we would have to sell the car for less than the $900 I invested.

Entry Filed under: Business