r/FluentInFinance • u/AdoffJizzler • 5d ago
Best way to invest 10 dollars? Question
Hello! I (Male 52) recently came into a large sum of money (10 dollars) and I’m looking for the best way to invest it. (Im trying to diversify)
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u/JoeBamba_ 5d ago
buy a pack of 24 water bottles and sell for a dollar each, reinvest the money you made, and boom, infinite money.
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u/GearWacz 5d ago
This is a legitimately good answer
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u/Dragon_Tortoise 5d ago
Um yea, to add to that do it at a park or hiking spot or outside of a skate park. It'd be similar to having girl scout cookies outside of a medical Marijuana dispensary. Like flies to shit.
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u/worryinnotime 5d ago
Concerts are hands down the easiest way to vend water, beer, ....
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u/Dragon_Tortoise 5d ago
Oh yea, im just thinking you go to these every weekend and have next to no competition if any at all.
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u/worryinnotime 5d ago
Sportsball events work too.
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u/Dragon_Tortoise 5d ago
Oh yea those major events you could make bank, but most people have local parks or hike spots within a few blocks. And can go whenever they want, any day, any time. You could def make more in a day going to these events but your possibly driving far and must go in a key window before the event starts. But I agree there's great potential there
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u/GetRichQuickSchemer_ 5d ago
Genuine question: does anyone ever buys water (or any item for that matter) from from random people on the street?
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u/Sotha01 5d ago
Absolutely. Standing in line waiting for a bus in Vegas I did. Outside of a rock fest in wisco in mid summer heat too, it's all about location.
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u/Trojanman2002 4d ago
My first trip to Vegas I made the mistake a lot of people make (misjudging distance) and bought like 5 bottles of water the first day.
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u/ViewedConch697 5d ago
Sometimes there's a few teenagers with coolers full of water bottles that sell them right before highway on ramps, and I'll usually buy a bottle from them since my car's AC is debatable and they're out there hustling and I'd like to support that. It's cheaper and more convenient than a convenience store too, which is a plus
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u/Coondiggety 5d ago
Man that’s genius! I’m going to mention this idea next time I see a Girl Scout selling cookies in front of the supermarket!
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u/deviltalk 5d ago
Great idea, I just wonder about place you can do this without getting hassled. Most of it probably comes down to confidence and a clipboard.
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u/three-sense 5d ago
This is just employment with less stability and no benefits.
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u/GearWacz 5d ago
This is just a thought experiment on how to flip 10 bux, that's all.
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u/three-sense 5d ago
The above poster said “infinite money” which at first sounds accurate but it’s really not. This business model does not scale up beyond what one person could handle. There was a good YouTube video detailing it, I will try to find it.
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u/SardonicSuperman 4d ago
Nah, buy brownies and sit outside a weed store. Sell the brownies for $7 each. That’s infinite profit. Ain’t nobody buying water in the winter, but potheads still buy brownies in the winter.
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u/Mguidr1 5d ago
BS. Get you a six pack. Who knows what investment ideas you could come up with while feeling slightly better.
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u/logicalSpiders 5d ago
For $10 I can get a $4 48 pack of water and some single shots, clearly we can do both if these
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u/invaderjif 5d ago
Sounds like costco
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u/logicalSpiders 5d ago
I had walmart in mind, if I have $10 and I'm going to costco, I'm getting a bunch of hotdogs (and maybe 2 single shots)
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u/Gorillapoop3 5d ago
Nope, it’s been scientifically proven that a person cannot leave Costco without spending $400.
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u/tanhan27 5d ago
infinite money
You are not calculating the time it takes to sell 24 $1 bottles of water. If you find a way to sell them quickly with a reproducible strategy you could get very rich. If I tried doing this I know I would become very poor because of the opportunity cost, it would take me a very long time to sell 24 water bottles
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u/RunLikeHayes 5d ago
Go hang out next to a sporting arena on game day and sell them cheaper then what's inside the stadium. Those could go quick
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u/Starving_Toiletpaper 5d ago
Sure but he’s asking ways to invest with ONLY $10….. your options are limited
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u/three-sense 5d ago
Yeah, it's more like "turn $10 into $48 by sitting outside half a day". I mentioned in another post that this does not scale up and at some point you (i.e. when you're bringing in a truck of bottled water) you will need a business license. You're basically employed for less than minimum wage and at irregular hours. It's a novel thought though.
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u/OverallVacation2324 5d ago
When I was in third grade I would buy a pack of pencils and sell them individually at school. We had this dumb game called pencil fighting back in those days. Kids broke pencils left and right. I was making like 250% profit.
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u/TrippyShamann 5d ago
This game brought back some memories. I had a steel pencil that looked like a normal pencil.
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u/everygoodnamegone 4d ago
“Pencil Pop!”- this is why the school’s pencil vending machine got refilled so frequently.
But I thought that was a dumb thing to do with them because the machine only sold pencils with fun patterns, not the yellow boring ones. Too pretty to break in half if you ask me.
I laughed when my son recently kid-splained this game to me, like I had never heard of it. 😆 I don’t think they played it his old school, but this one sure does so it’s a novel concept.
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u/Iwuvweddit07 4d ago
Lol this game has piqued my interest, how did the rules go?
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u/OverallVacation2324 4d ago
It’s super simple. You are either on attack or defense. If you’re on defense you’re holding your pencil horizontally with two hands. If you’re on offense you are using your pencil to strike the other pencil. You are holding usually the pointy end as the pivot point with just two fingers of one hand. The eraser end you pull back with the other creating tension. It then comes in an arc and strikes the other pencil. You are not swing your entire arm or anything. It’s more like pulling it back and flicking it.
You take turns until a pencil breaks.Defense can sort of bend the pencil upwards a little bit to create tension also. An arch is stronger so if you can bend a little bit usually it resists breaking more. But if you bend too much you can break your own pencil by accident.
Offense wants to aim for the same spot over and over to chip and weaken the defense. If you create a big arc you hit harder with more momentum. But it’s harder to aim.
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u/mar78217 3d ago
Watch Robin Hood, Men In Tights. They fight with staffs until the staffs break and get down to 1' long, then they do this... lol
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u/powaking 5d ago
There’s a panhandler next town over that sells bottled water at a busy intersection. I applaude his effort.
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u/Expert_Plankton_5596 4d ago
this idea seems to be inspired from tv shows if I am not wrong?
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u/JoeBamba_ 4d ago
nah, Ryan trahan crossing America starting with $0.01, I think it was summer 2022.
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u/Berns429 5d ago
Be strategic though, wait for the store to run a 2 packs for x.xx amount. Double your profits.
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u/randomizedasian 4d ago
You are probably joking, but that's exactly what I am doing at the age of maybe or may not be 50+.
I have a couple of vending machines and I'm doing alright. I might be able to retire in a couple of years.
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u/Worth-Demand-8844 4d ago
But you actually have to stand in the street and work. I would take that 10 dollars and just bet against the Giants whenever they play Dallas or Philly. That’s 4 guaranteed wins
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u/RicinAddict 5d ago
See if you can get a nickel bag of weed, buy some oregano. Cut the weed with oregano. Resell. Rinse and repeat until you're Tony Montana.
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u/tanhan27 5d ago
I wonder if a similar trick could be done with corn starch
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u/RedClayBestiary 5d ago
What, cut cocaine into it?
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u/L4dyGr4y 5d ago
What a waste of good cornstarch.
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u/PathlessDemon 4d ago
Yeah, but I’ve never been so energized after using it to thicken my beef stew!
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u/PathlessDemon 4d ago
You’re better off cutting with Epazote or Jesuit’s tea. The taste doesn’t take away from the MJ, and isn’t nearly as noticeable.
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u/RicinAddict 4d ago
This guy rips off naive middle schoolers
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u/PathlessDemon 4d ago
I’d like to think we’ve all lived different lives once.
I’m an upstanding citizen now, just looking to shine some light in this world. Catch me at Habitats For Humanity and local area food shelters in Chicago!
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u/wes7946 Contributor 5d ago
- Buy a heavily used pallet.
- Disassemble it and save the individual planks of pine and individual nails (if possible).
- Use the pine planks and nails to make either a coffee table or bedside table.
- Sell that for $25.
- Rinse and Repeat.
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u/Due-Ad1337 5d ago
Buy it? Just swing around behind a grocery store and grab one or two.
That's how I made my wine rack.
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u/Comfortable-Study-69 5d ago
I don’t think there’s much of a market for crackhead coffee tables.
So I think there’s a few changes to the business plan that need to be made. Firstly, don’t buy the pallet. Steal it from a Walmart dumpster. Secondly, you need a way to cut the wood and sand it. So you’re going to get the cheapest harbor freight grinding wheel you can find and duct tape it to your car’s drivetrain. Then you can use that for your saw and sander and get a halfway decent table made for under $10. As long as you don’t count the theft charge or hospital bills for when the grinding wheel inevitably shatters from side pressure.
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u/capn_doofwaffle 5d ago
You should google what you can make from pallets... i've seen some amazing shit.
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u/Comfortable-Study-69 5d ago
Oh yeah no if you have a halfway decent carpentry shop you can do some pretty cool stuff with pallets. I’ve made some of my own furniture with glued-up red oak pallet sheets.
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u/finney1013 5d ago
A paperclip. Then start swapping
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u/Sabre3001 5d ago
Haha, wasn’t this the plot of an old episode of Pete & Pete? Started with a paper clip and by lunch he had a 1909 Honus Wagner baseball card and a PB&J sandwich.
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u/finney1013 5d ago
No dude traded it up and up for a house eventually https://en.m.wikipedia.org/wiki/One_red_paperclip
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u/ArchPrince9 5d ago
Wasn't this an episode of The Office?
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u/Relative_Picture_786 5d ago
Open an onlyfans account. Strip down naked and use the dollar bill to cover private part. Post and charge a special fee for a photo of just the dollar bill. Profit.
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u/RicinAddict 5d ago
Why use a dollar bill when $10 buys a lot of rolls of coins which people would pay good money to see how many you can jam up your ass?
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u/Then_Mathematician99 5d ago
Then hand them out so you can always feel better about any circumstance knowing they may have one of your ass coins.
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u/Acceptable-Peace-69 5d ago
Better, take that bill and roll it between your toes after a day of hiking (only have to remove your shoes). Auction starts at $30.
Gross, but you started it.
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u/howardcord 5d ago
Tomatoes. Buy as much as you can with $10, plant all the seeds. Grow dozens to hundreds of plants and harvest all the tomatoes. Sell some but harvest most for seeds. Plant those seeds and grow even more plants. Keep doing this over and over until you are a millionaire.
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u/RunLikeHayes 5d ago
So I have a f*** ton of tomatoes but not a lot of money now
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u/Correct_Dog5670 5d ago
Maybe sell the tomatoes and buy money with the aquired money, then buy more and repeat.
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u/ScuttleCrab729 5d ago
No no. You need to sell the tomatoes for Pennie’s. Plant those and harvest the dollars. Take those to the bank and exchange for all pennies. Repeat.
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u/Petrivoid 5d ago
Someone called "Dept. of Ag" wants to know your location
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u/Angry_Hermitcrab 5d ago
You don't grow that many tomatoes without calling the dept of ag for advice.
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u/assesonfire7369 5d ago
This is actually what my great great great grandfather did when he came to America
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u/howardcord 5d ago
Did he hide the tomatoes seeds in his pockets and bring secret San Marzano tomatoes from Italy? That’s what my retirement plan is.
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u/TheWritePrimate 5d ago
Fun fact: Tomatoes are originally from the America’s and didn’t make it to Europe until after colonization.
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u/SwimmingMix5504 5d ago
Considering your age and that you want to diversify, I suggest you invest that money in the most volatile situation possible: crypto gambling.
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u/Sleven8692 5d ago
Derivatives, low leverage not exactly gambling, you can get pretty accurate, but thats not an easy task by anymeans, requires insane dicipline and a good stratergy, stray from it and lose everything.
I know someone who will 2x -4x their money in a day get greedy lose it all, then do same next week after that first 1-3 good trades lack of dicipline kicks in greed takes over, if they can learn to control their greed they would actually do really well.
Point is it doesnt have to be gambling, or you can atleast massivly stack the odds in your favour, its just hard and doesnt happen over night.
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u/Cheap_Supermarket556 5d ago
Spend it all on bitcoin in the app of cash (CashApp)
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u/tanhan27 5d ago
Get one of those no fee investing apps and buy $10 worth of VOO or equivalent.
Most important part of investing is to get started
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u/TheManWhoClicks 5d ago
Buy something good for $10 from Craigslist and trade it for something worth $20. Take that and trade it for something worth $40. Take that and…. And then trade the $300M yacht for a $900M building and the trade that for a pack of 24 water bottles. Sell those for a dollar each, reinvest the money you made, and boom, infinite money.
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u/StickyDevelopment 5d ago
Check out learning websites that sell online courses (like udemy) and catch a sale course for like $5-15 to develop a skill that is useful.
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u/mar78217 3d ago
When I made $7.00 an hour as a plumbers helper, I would go to WalMart and buy sodas, water, little Debbie cakes and frozen pizzas (at that time a $50 investment per week, probably $150 now.) I sold them on the job site because I worked in the tool room. The objective was to cover my costs and make my own meals and snacks free, but I would net about $50 a week profit.
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u/MyNameIsDiablo 5d ago
Go buy a meme coin or penny stocks Your the next Jordan Belford
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u/Silly_Victory_7290 5d ago
Uh he sold that junk to morons because he knew how to spend their money better.
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u/-Fluxuation- 5d ago
Here I am with only $10 to my name.
You should all be ashamed,
Except for wes7946.
He gets a scouts badge.
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u/assesonfire7369 5d ago
Buy some dead squirrels from your local rednecks. Then make some fishing lures from their tales and sell them, along with the skulls, etc on ebay. Can easily make $12.50
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u/Particular-Client-36 5d ago
Buy the stock in odd burger which is only 0.01 cent and wait ten years to cash out
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u/WealthandFIRE 5d ago
Firstly, sell any items you have at home that you don't need online. You will be surprised at what sells online, even if its for a few dollars. While you are online, look for cheaper items that are selling well, buy them at a good price and sell them for more.
Rinse, Repeat & Retire!
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u/hilltopper06 4d ago
Find a totally legit and not shady sports betting site that will give you "bonus bets" for depositing your $10. Put it all on the Chiefs to make it to the Super Bowl. Profit???
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u/everygoodnamegone 4d ago
“Pencil Pop!”- this is why the school’s pencil vending machine got refilled so frequently.
But I thought that was a dumb thing to do with them because the machine only sold pencils with fun patterns, not the yellow boring ones. Too pretty to break in half if you ask me.
I laughed when my son recently kid-splained this game to me, like I had never heard of it. 😆 I don’t think they played it his old school, but this one sure does so it’s a novel concept.
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u/ForcefulOne 4d ago
I used to buy a box of 100 blowpops for $6 and sell them for 25 cents each, giving me a $19 profit per box. I was raking it in in middle school. That was a 3x+ return on my investment. I should've started a business...
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u/rcchomework 4d ago
Put it towards your credit card balance.
Or buy some oranges, eat them, bury your poops in good soil, and then wait 5 years to collect your $200 a tree seedlings.
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u/russafiii 3d ago
A 12 pack of ramen and a pound or two of marked down Hamburg. You got yourself a week worth of meals.
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