Ways to make $$$ with constant investment?

[zizo13]

Dear fellow BHWers!
Hope everyone is having a great day!

Currently looking for ideas to make monthly income on the long term basis ($10k+/month). I currently have around $3k-5k that I can invest on a monthly basis into the new business. Also have around 60-80hrs per month to dedicate to a new idea. Definitely can dedicate more time at the beginning of the journey to set everything up.
It doesn’t have to make me $10k+/month right away. I’m in for a long term game.

So far, it seems like the best way to do it is a blog website where I can hire writers and do kw research myself along with website set up and etc.

Any suggestions and tips are greatly appreciated!
Thanks!

 

[Royalx100]

try for crypto investment...

 

[Sollecs]

NFT

 

[HustleTong]

Buy blogs that are poorly monetized and invest in their growth

 

[awesomewebsites]

Share market is for you. Crypto can give better returns but it is very volatile also. If you do not want to do any research in share market, read about index funds and invest in it if you like it.

 

[yogib34r]

Consider a saas project, with your budget hiring a programmer to build something is very doable, with the benefit that it will provide monthly subscription payments.

 

[seomaster5]

NFT

NFT is riskier. Crypto is less risky as it has prove itself for last 10 years.

 

[zizo13]

Buy blogs that are poorly monetized and invest in their growth

That's a great suggestion. The only thing that slows me down with it is that I'm still very inexperienced with SEO. That's why I'm leaning towards starting from scratch and failing a few times so I can learn my lessons. Otherwise, which platforms would you suggest buying blog websites from? I've heard flippa isn't the greatest...
Thank you!

 

[zizo13]

Share market is for you. Crypto can give better returns but it is very volatile also. If you do not want to do any research in share market, read about index funds and invest in it if you like it.

Actually already investing into index funds along with crypto. I'm just very conservative with my crypto investment though. Only pretty much BTC, ETH and other bigger well known projects. Thanks a lot for a suggestion though!

 

[zizo13]

Consider a saas project, with your budget hiring a programmer to build something is very doable, with the benefit that it will provide monthly subscription payments.

Can actually program myself. However, don't have many ideas what saas project to implement and simple lack of time. On top of that would have to test the market before jumping in, validate the idea, build a good product and only then properly market it. Nevertheless, it's something for me to consider down the road. Thank you!

 

[yogib34r]

Can actually program myself. However, don't have many ideas what saas project to implement and simple lack of time. On top of that would have to test the market before jumping in, validate the idea, build a good product and only then properly market it. Nevertheless, it's something for me to consider down the road. Thank you!

Testing a market and validating an idea with an mvp is great fun but I understand the lack of ideas issue.