There are certain kinds of trailers which carries liquids like petroleum products, oils, citru juice in bulk. They charge their customers for up & down distance as it has to come back empty without any liquid in it.
I have a proposal when while returning it can carry any type of goods so that it can earn extra money.
With this 1 million dollar I will buy fleet of such trailer with special item to make it useful to get double transport cost and probably can double the money in one year.
All other investments are risky or gives very little return.
This is an hypothetical question on which we used to write essays in our school days. At that time we used to give an imaginary answer. But here I would like be realistic.
With one-million dollars in hand it would be foolish to spend it extravagantly on new venture. So I would invest it wisely where my money would itself earn handsomely. Meanwhile, I would continue doing what I am doing presently without losing my mind. I could elaborate the answer but it is better to keep it simple & short
I would invest the money for a two-year span. I would then take my capital gains and start a small bussiness (bar/resturant). I would continue to invest, while living out my dream of running a small business.
i would put the money in a high intrest bank account and live relativley richly off the interest with out touching my capital,or i would spend the lot on fast cars which do you think sounds better
If that ever happens I will buy my parents game farm. I will expand game farm and put hotels and more challets up. Build bigger dam for intertainment, catching fish, canoing and swimming!
It will deffinitely be a big investment in South African for the Tourism!
Additional Details added 2 years ago
I think firstly that I will sponsor some money to some organizations like Cancer, Wild Life and Abuse Women and Children. Then start with buy the farm!
First i put some part of the money on the bank for to reserve and float it.With other part of it i buy some lands and with the engineering company that i set,i built some big malls,apartments etc.When i sell them,with the money that i earn, i set the biggest petrol refinery of the middle east.Also i invest in a collage for genius students who are able develop technology and then i sell the inventions.
with a bit of blacksmithing and other things involving making stuff
it might sound like just a hobby but it is actually a very lucrative business. and even without that million dollars i'm working on it
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There are certain kinds of trailers which carries liquids like petroleum products, oils, citru juice in bulk. They charge their customers for up & down distance as it has to come back empty without any liquid in it.
I have a proposal when while returning it can carry any type of goods so that it can earn extra money.
With this 1 million dollar I will buy fleet of such trailer with special item to make it useful to get double transport cost and probably can double the money in one year.
All other investments are risky or gives very little return.