Best way to spend R1 million

bluemadz

Active Member
Joined
Jan 17, 2015
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34
So me and my friend recently discussed what would be the best way to spend R1 million and make some money back?
What would be good options to make profit, what are good start-ups to invest in or is it best to let the money grow in Sanlam's hands?
Thanks
 

saturnz

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Joined
May 3, 2005
Messages
19,666
parking bays in CT CBD

no maintenance, minimal risk, income is steady
 

saturnz

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Joined
May 3, 2005
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The lifespan is the hypothetical bit. I'll be damned if I'm going to buy parking bays if I have 3 months to live :p

the OP used the term "invest" in start ups which suggests the OP is looking for some sort of investment

you don't make investment decisions with a 3 month time horizon, if you do, you are probably not a good investor to begin with
 
Last edited:

HavocXphere

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Joined
Oct 19, 2007
Messages
33,155
The lifespan is the hypothetical bit. I'll be damned if I'm going to buy parking bays if I have 3 months to live :p
huh? You'd need to be earning pretty little to earn a bar in a "lifetime".

Point is a bar isn't all that much in the grand scheme of things so the question isn't necessarily hypothetical. Sure it is given OPs tone, but still.
 

saturnz

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Joined
May 3, 2005
Messages
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huh? You'd need to be earning pretty little to earn a bar in a "lifetime".

Point is a bar isn't all that much in the grand scheme of things so the question isn't necessarily hypothetical. Sure it is given OPs tone, but still.

He meant spend not earn
 
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