What's the best "shit that almost could work" get rich quick scheme you've heard of?

Australian here. Sell something of value, car bike etc then using the money to fly to Southern States buy alot of weed at cheap rates or ice meth etc. Rent car drive back to North
Sell drugs at over inflated prices to dumb coons.

Cash out.

Knew a guy did this twice before bikies got wind of what he was doing and done him over on his way back up. Obviously he can't go to cops so lost it all. But turned 20k into 140k into broken legs and no money.

Holy shit! That's fucking wild!
I assume they weren't going to let him buy them off since he was on their turf?

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Nah they do the exact same things so he was just eating into their profits. And they do It much better so a fair warning of taking all his money product and leaving him no where with broken legs seems pretty easy off considering where he was at the time.

Day trading. The problem is that you have to have a chunk of money before this is viable. Most brokers in the US will even allow you to do this more than a couple of times a month unless that's changed since the time I dabbled. It's absurd once you get to the point you can do it. There's always risk involved, but outside of a stock suddenly tanking (there are usually indicators that this will happen that you can pick up on if you do your research) it's minimal. Basically you buy enough shares of a given stock and then sell the same day, making a profit off of the day to day small scale fluctuations in price.

Commiefornian here. The weed game was great for a while but with legalization the black market has left a lot of people with no skills. The smart ones bought property back when the times were ripe.
I spent my drug money on frivolities

Is it not like anybody can do it nowadays? It does seems that you had to be well informed to do that in the past, lets say the 80's or 90's. But tody, with all info out there, available, are there still people smarter than others that make better moves day after day??

OP here, I considered it, but then I realized that I'd have to pay a broker for every trade, and being a NEET I didn't have the capital to begin with.

Not game enough to go leveraged.
I did some napkin projections, still don't regret never getting into it - the money wouldn't have been substantial enough

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educate me on that subject please. Any beginners guide to that?

Investopedia is really all you need to grasp the basics, anything else then there's a few very thick tomes you can read on Finance or... sigh... technical analysis

the oxy game was great until, you know, you get addicted to your own supply or lose access or go to jail or whatever

I tried to buy a 6 bedroom house to rent out and hold onto for a few years and wait for it to appreciate. It fell through, but I still think buying and renting out a house to have other people pay the mortgage for you is a good investment long and short term

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I am about to sell real estate properties for a total of around 500 thousands dollars during the next two years. I am in Brazil so it is not a good investment to keep those areas.
How can I invest this money? What would you earn at the end of each month out of that anount? What would YOU do. Please remember I am not in the US.

I just saw an app called “I’m Rich“ or something like that. It was worth $400 and had 100k downloads. Like if I were to make something hypebeasts would love then easy money, but sociologists can’t predict rich children easily.

Not really a 'get rich quick' scheme though

I don't know much about the Brazillian economy or your specific area but if I was flush with cash I'd put a lot of it into bonds, and invest the rest of it into a business, maybe into a proven franchise. But I'd prefer to invest in a business which while I know has room for scale is already making cashflow. Again, I don't know what that is in Brazil, nor do I know what industries you're familiar enough in to make that decision.

I know what types of businesses I'd invest in, but their also directly related to my field of expertise.

HAHAHA! so it's a total vanity product was it?

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Depends on how fast you want to get rich, but if you buy the right house you could be a millionaire in 3 years.

Got to have enough capital or assets to borrow against for a deposit first.

>I know what types of businesses I'd invest in, but their also directly related to my field of expertise.

OK. Like tranforming your hobby or actual profession into a business? This means not 100% put in bonds actions and all that stuff. What would be your ratio bond/actual business?

>Like tranforming your hobby or actual profession into a business?
No! I mean not necessarily, but an industry which you have a lot of contact with or understand the supply chain and customer trends in is best. Be that as a customer or as a professional.
I mean I know one guy who is a building surveyor, he got into it because he got fucked around by a shitty builder. He took his knowledge as a customer and transformed it into a business.
I've heard of guys who were trying to crack into the film industry, so they bought the first Red cameras, started renting them out to film productions - made money - used that to buy more cameras but also bankroll their own productions.

>What would be your ratio bond/actual business?
What's the Discount Rate been like in Brazil for the last few years? Where's inflation now and where is it heading?

I know a couple that got into selling LuLuRoe a few years ago when the trend really got going around here. They invested 1k. & made like 5 k the 1st month & then more till they capped at like 10k a month like a year back.

Should have gotten out then. Pretty sure they only make less than 1 k a month on it now. They put in a ton of work though. Facebook streams ever other night.

Never heard of them, but I find it funny that they're obviously trying to cash in on the Lulalemon name.
MLM is such a fucking grind

>What's the Discount Rate been like in Brazil for the last few years? Where's inflation now and where is it heading?

Mate thanks for the first paragraph. I got it. Now for that question, i don't have a clue. I can't even understand that: mecometer.com/whats/brazil/central-bank-discount-rate/

Dude, right now go look up on youtube "Discount Cashflow Analysis" it's one of the most important things you'll ever learn. Short oversimplified version is:
Every year prices for things go up slightly to cover costs, as a result of this workers demand higher wages to pay for more expensive cost of living, so that pushes up wages, which in turn means prices have to rise to cover costs.
>That's called "Inflation".
Well this means that every year my money is worth less and less. For example if in 2009 in the US I had $1000, I would need almost $1200 dollars to buy the SAME amount of goods today. In effect, thanks to inflation I've lost something like 17% of my money.
>"Time Value of Money"
Because of this, a dollar today is almost always worth more than a dollar tomorrow, or in 10 years, or in 100 years.
So, to calculate how much a 'future cashflow' (i.e. income from a business, or rent or dividends etc.) is worth today or in the future you work out how much inflation reduces the value into the future. So 1000 dollars in ten years might only be worth $840 today. (also, if you had that money NOW, you could invest it in something and make a profit, where as if you get it later, you only get the base amount and can't invest it until afterwards...).
It's complicated, maybe you already know it in Portuguese.

Stage the ultimate music festival on a private island.

This sounds sketchy, I guess where there's smoke there can be no Fyre....

But that's a great example.

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looked up on youtube "Discount Cashflow Analysis" real quick because I want to go on with this conversation. I got it.

Isn't it already going too academic, too analytic when stuff like this exist :

apprendafixa.com.br/app/indicadores

(which I can't read either, yet)

This app, doesn't it do that job of DCF analysis for you? Is there a catch in sites like these that compare stuff and advise you to jump on the most interesting offer? Is it oriented?

You know your stuff and I don't, please just have a look and tell me.