[wecharg]

If you had $100,000 in cash today... How would you invest the $$

Just curious what people would do with the 100k
- New EV Dealerships
- EV Charge Stations
- Cryptocurrency
- Combo of each??

Appreciate any thoughts you may have.

 

[Jimbo69ny]

If you had $100,000 in cash today... How would you invest the $$

Just curious what people would do with the 100k
- New EV Dealerships
- EV Charge Stations
- Cryptocurrency
- Combo of each??

Appreciate any thoughts you may have.

Real estate

 

[Laverdure]

Real estate

Real Estate has never been this expensive and rates are going up

 

[Jimbo69ny]

Real Estate has never been this expensive and rates are going up

All depends on where you are.

 

[nucleus]

Rental real estate. For $100K you can get 500K of property and if you are careful buying, you can get $50K a year in income plus tax advantages. Then use that income to invest in a broad portfolio stock income.

 

[favguy]

Choose the right crypto and you'll have over a million from that by years end

 

[Kevin Sharpe]

- New EV Dealerships

You'll be competing with the OEM's (see here) which will be really tough.

- EV Charge Stations

I've founded and sold two electric car charging companies, and founded a charity that has donated more than 700 Charging Stations (see here). In all cases it took more than 5 years and a lot more than $100K to show the potential to make a profit. This is a very tough market, driven by low pricing, that will see a lot of consolidation over the next few years. If you love electric cars, and can afford to lose your $100K, then try and find some other like minded people and a USP.

- Cryptocurrency

No idea

 

[brian_]

If you had $100,000 in cash today... How would you invest the $$

Just curious what people would do with the 100k
- New EV Dealerships
...

Appreciate any thoughts you may have.

What would that dealership be? Tesla doesn't have dealerships, the other mainstream EVs are a product within a much larger product line (be a Nissan dealer to sells the Leaf?), and obscure brands - EV or otherwise - are almost guaranteed to fail in the automotive industry.

If "EV" includes golf cars and other non-highway vehicles, the situation is similar - can you compete with recreational power product dealers, carrying only something electric that almost no one has heard of?

 

[PhantomPholly]

Choose the right crypto and you'll have over a million from that by years end

Crypto is a Ponzi scheme.

Eventually it will be hacked, and become worthless.

 

[aeroscott]

crypto,do your homework