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Originally Posted by Lucas  What kind of investing would you suggest that he do with that money? |
I realize that in some places $1500 is a lot of money, but if you want to invest that money yourself, you must be very competent (or lucky) to pick the right investment opportunity.
If you participate in an investment fund, the risks are spread over many investments.
You can choose to invest in companies in a certain geographic region, you can pick a preferred theme (for example, start-ups in the ecological branch) and you can even define the level of risk you want to take.
With an investment fund, you can even invest in third-world companies.
I don't know how you can do this without an investment fund.
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Originally Posted by Lucas How long do you think it would take in those places to liberate him of his time based job? Do you think an investment fund is enough leverage to do this? |
With an investment of $1500 you won't be "liberated of a time based job", but that wasn't the question of the starter of this thread.
I can only speak for myself, but it is my experience that if you have $1500, you can better put it in an investment fund than to put it to your bank account (or to start a new business).