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Ask HN: What would you do with $25,000?

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Re: Ask HN: What would you do with $25,000?

#12
post #6

I would buy a site on flippa, something with revenue and work intensely in increasing its revenue by 10X. Maybe to gain a monthly income of 7K or 10K, something that could sustain you for a couple of years in order to build your next big project. You could even do this a couple of times before embarking into larger things.

This strikes me as by far the best answer. If OP doesn't know what s/he wants to do, a good place to start is to fix something that already exists but is broken.

Agreed on this being a good idea. Most of the sites listed are unappealing, but there are some good ideas there from time to time.

Re: Ask HN: What would you do with $25,000?

#15
post #6

I would buy a site on flippa, something with revenue and work intensely in increasing its revenue by 10X. Maybe to gain a monthly income of 7K or 10K, something that could sustain you for a couple of years in order to build your next big project. You could even do this a couple of times before embarking into larger things.

THis is much harder than most realize. Much harder.

Re: Ask HN: What would you do with $25,000?

#17
Don't stop what you're doing now to code full time if you don't know what you want to code. Hold on to that $25,000 or invest it until you've already started your business in your spare time, and it's growing so much you have to quit whatever you're doing to work on your new business.

If you don't have a business idea that you believed in 100%, I would suggest investing that $25,000 into a stock that you believed in 100% and keep living like you are now.

Re: Ask HN: What would you do with $25,000?

#18
post #15
post #6

I would buy a site on flippa, something with revenue and work intensely in increasing its revenue by 10X. Maybe to gain a monthly income of 7K or 10K, something that could sustain you for a couple of years in order to build your next big project. You could even do this a couple of times before embarking into larger things.

THis is much harder than most realize. Much harder.

Yep, agreed, speaking from experience. Most sites on Flippa have had their traffic artificially inflated for the past 6 months using shady SEO practices just so the seller can get a good price. Within a few months Google inevitably slams the hammer on you.
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