dreamchaser92
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- Dec 20, 2016
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If you were given $3,000 how would you invest it?
How would you invest $3,000?
- Thread starter dreamchaser92
- Start date
D
Deleted member 1333509
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3,000 second-hand fidget spinners.
- Feb 28, 2019
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Will invest $1000 each in SEO, affiliate marketing and business. Split the budget over 3-6 months period and wait for them to grow.
- May 30, 2019
- 13,467
- 10,662
I'd try 10 different investments, each worth $300.
LegendAndroidX
Power Member
- Nov 1, 2017
- 699
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invest in yourself
bertbaby
Elite Member
- Apr 15, 2009
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Hookers, coke, you know the usual.
Shubhankar Paranjape
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- Jan 9, 2019
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Land, Cryptocurrency, Gold, Personal training/diet (health is quite important).
John Stain
Newbie
- Feb 10, 2020
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buy 3000 things from a dollar store and sell it for $2 online ez
Mohamed ragab
Regular Member
- Nov 17, 2019
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I won't invest anything before learning everything about my business then I would invest 500$ only.
Satal
Power Member
- Sep 13, 2010
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It will depend on your experience.
I've recently invested ~$3k on buying an existing website that is making ~$100/m through Amazon affiliate and I'm working to build it up, with a goal of getting it closer to $500/m over the next year or so.
An alternative approach that could work is to buy a decent expired domain (let's say $100 for the hell of it), pay someone to create a basic Amazon affiliate site on that domain ($400), spend $1k on high-quality content. Then spend some time building up the site yourself learning all you need to know about running it. This then leaves you $1.5k to build a new one from scratch when you have learned from your mistakes from the first one.
Ultimately it will all boil down to how much you know and what your goals are. I will say though, unless you're willing to chuck some serious dough you will need to learn how to do things like link building, outreach, content writing for yourself and personally I feel learning to do this for yourself will pay dividends in the long run.
I've recently invested ~$3k on buying an existing website that is making ~$100/m through Amazon affiliate and I'm working to build it up, with a goal of getting it closer to $500/m over the next year or so.
An alternative approach that could work is to buy a decent expired domain (let's say $100 for the hell of it), pay someone to create a basic Amazon affiliate site on that domain ($400), spend $1k on high-quality content. Then spend some time building up the site yourself learning all you need to know about running it. This then leaves you $1.5k to build a new one from scratch when you have learned from your mistakes from the first one.
Ultimately it will all boil down to how much you know and what your goals are. I will say though, unless you're willing to chuck some serious dough you will need to learn how to do things like link building, outreach, content writing for yourself and personally I feel learning to do this for yourself will pay dividends in the long run.
Great post said in a lot more detail I put into mine haha.
On the doing it yourself part, @Satal is bang on the money.
Learn the process for everything by doing it first because if you do eventually start outsourcing you'll have an idea of how well your work and tasks are being performed.
You could hire someone who is actually harming your business but wouldn't know.
What happens if the arse drops out of it though suddenly?
I'd definitely focus on something that will pay you a bit back over the next few months.