Dear sifus,
Any suitable side income with startup money around RM50k.

Any suggestion?
Currently in mind lelong house for flip, crypto, stock market or P2P lending.

while waiting for responses,...
you can try this google links for some ideas

what to do with rm50 000 in malaysia
https://www.google.com/search?q=what+to+do+...sclient=gws-wiz

one of the easiest way is to see if you friend has any lobang to start any business, and see if you interest, then u can join as partner or invest

just my personal two cent

If they suck at doing business, then you pay RM 50k to lose a friend too.

All into triumphFX

yeah that's why the best way is not to put too much, keep an eye
finding more friends to spread the risk

RM50k only small stall business.

If you have to ask here, then you should definitely invest in FD. Do more Due Diligence then ask more detailed/focused type of questions la. This is not kopitiam.

Thank you

Brainstorming would be better approach I guess. I do research quite some while. Some are high risk and some are low return. So getting some ideas from the experience people would guide middle age person like me and others too.

Just curious, ever think of starting a business for your side income generation?

If starting business for side income only then I think its not a wise move. Starting a own business need full time and attention. For now I am unable to focus full time business.

Invest into US stock market. Good time to accumulate now

i tot now house bad market, lelong n flip also not earn much unlike 10+ years ago??

if me use 50k .. tough la.. product needs lot of time and research.. service.. become massage therapist? haha

Mind to share how you diversify 50K into flip house, cryto, stock market and p2p..?
Kind of interested to know....

If partner up, then distribute the load between partners, will this become an viable option?

If WW3 means

These are few option in my mind which only can do one right now with 50k. Seeking if got any other viable opportunities

Might work out too if prepare with agreement. Thanks for the idea

buy doge

Burger ramly stall

Welcome. I hope someday both you and me will be able to make something out

while waiting for more ideas, i think 50k should put at somewhere that can generate interest?

50k you enough to open burger stall only.

If you know how to source china products maybe you can try shoppee Lazada.

50k better dollar cost average snp500. Can't do business

My regular 'expat' car wash place was sold to another foreigner for 13k excluding rental.

This post has been edited by mini orchard: Nov 18 2022, 08:35 AM

Yes, ...
they did not mentions guaranteed returns, but they had been shown to have been consistently giving out 6-7% every 5 weeks for years and they had been saud to be in operation since 9 years ago. Don't need to do any trading, they manage for you.
They will suggest TS to start with just 5k (1k usd) then can use the balance 45k for other things like trading in a hawker stall.

If TS is scare, they will tell TS just use 5k, (usd 1k) as that is money TS should afford to lose as TS will still hv 45k in hand.
Put in for 10+ year, it will become 1+ million usd

Too bad, as for each 1k usd TS did not put in,,,,TS will be having 1 million less usd approximately 10 years later.
The 45k TS did not invest, TS will miss having another 10 millions usd, in about 10+ yrs later

1k if kept rolling there for 20 yrs, will become 1 billion.

Caveat emptor ...have to really read between the lines of my post to really understand it. Ha ha
Believers will see it differently than non believers. Ha ha

Disclaimer: I had NOT put in any money with tfxi or have any intention of putting any money in future too.
I am MORE scare and afraid of myself...like a cronic diabetic patient, once kena the sweets being given by tfxi, I could go crazy, seriously crazy.
So i prefer to beable to sleep peacefully at nights. Ha ha.