Update 2015-01-15:
1. #1 priority is to read as many resources available online as possible, researching. Also start reading some books from the list in the link above (Link is broken, but you can Google it).
2. Opened very basic virtual account at investopedia.com investing only in ETFs, like S&P500, Vanguard Healthcare to track how they'll perform overtime.
3. Looking at popular ETFs a lot have recovered and are way above the price before 2008-2009 crisis (which is normal). But no plans to start investing any time soon, waiting for a crash/adjustment until I get more knowledge. In the meantime saving cash, will start saving 5000€ every month in savings account just not to blow it on crap. No plans to do active stock trading any time in the future.
4. Generating business ideas with a requirement that my time involvement would be minimal involving people I know:
A) Guy who is very good at construction and can quickly assemble 2-3 man team, doing basically anything construction related at cheap rates. Buying old real estate in good parts of the city and reconstructing it.
B) Guy who works but has a lot of free time and is looking for other business opportunities. Doesn't have any particular skills though.
C) Guy who opened gym with his partners. I live in a big city so this might be an opportunity to open another gym in the city having all the knowledge (profit rate, costs, etc).
Also some good investment advice I've found: Invest in yourself (education, health, looks, social connections), payout debts, business/work is the best way to generate substantial income (think 2-10x growth yearly until slows down).
1. #1 priority is to read as many resources available online as possible, researching. Also start reading some books from the list in the link above (Link is broken, but you can Google it).
2. Opened very basic virtual account at investopedia.com investing only in ETFs, like S&P500, Vanguard Healthcare to track how they'll perform overtime.
3. Looking at popular ETFs a lot have recovered and are way above the price before 2008-2009 crisis (which is normal). But no plans to start investing any time soon, waiting for a crash/adjustment until I get more knowledge. In the meantime saving cash, will start saving 5000€ every month in savings account just not to blow it on crap. No plans to do active stock trading any time in the future.
4. Generating business ideas with a requirement that my time involvement would be minimal involving people I know:
A) Guy who is very good at construction and can quickly assemble 2-3 man team, doing basically anything construction related at cheap rates. Buying old real estate in good parts of the city and reconstructing it.
B) Guy who works but has a lot of free time and is looking for other business opportunities. Doesn't have any particular skills though.
C) Guy who opened gym with his partners. I live in a big city so this might be an opportunity to open another gym in the city having all the knowledge (profit rate, costs, etc).
Also some good investment advice I've found: Invest in yourself (education, health, looks, social connections), payout debts, business/work is the best way to generate substantial income (think 2-10x growth yearly until slows down).