What to do with 1000$ per month?

davidma

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I save 1k USD each month from my salay, what do you think the types of businesses i can start/invest in with this money? I prefer to create a second stream of income (because i got time and motivation) than to invest in stocks or crypto. I'm okay with losing money in the initial months, untill business takes off.

Any suggestions?
 
Another solid path is offering a high-demand service to local businesses. Think about things like building simple websites for them or managing their social media outreach. You can find your first clients by direct contact. The margins are good once you get going.
This is AI response.
 
Go niche down
Ideally something which Provide specialist services which are not easy to find and have limited completions .


I would avoid something which not reoccurring.
Or stick to mutual funds.( if you have available)
 
To invest US$1000 every month ? Diversify your investments : stocks, shares, gold, silver and yes, Bitcoin as well.
 
I save 1k USD each month from my salay, what do you think the types of businesses i can start/invest in with this money? I prefer to create a second stream of income (because i got time and motivation) than to invest in stocks or crypto. I'm okay with losing money in the initial months, untill business takes off.

Any suggestions?
There are ten million of threads like this. I have 10K, I have 500 month, I have 50K, what would you do if you had 100K, what would you do if you had 1 million, etc.

Problem with this amount of bullshitting is: what can you actually do with your life? If you are living with your parents, left school soon because you were terrible at grades and now you are working on a pub and saving almost everything you earn, let me tell you to put your money in a retirement fund and it will be the best thing you can do. If you are the lazy brother of Linus Torvalds but at least you got half of his talent, maybe there could be some advice for you.

1K is not too much. For SEO for example is less than peanuts. First you must analyse which are your strengths as you may need to invest at least 4 additional hours of your time to start moving the wheel. Depending on how you could be useful with those extra 4 hours you might be drawn to one option or another.
 
I save 1k USD each month from my salay, what do you think the types of businesses i can start/invest in with this money? I prefer to create a second stream of income (because i got time and motivation) than to invest in stocks or crypto. I'm okay with losing money in the initial months, untill business takes off.

Any suggestions?
Saving $1K monthly gives you real flexibility — try a small online brand, niche blog, or service-based hustle. Focus on building cash flow first, then reinvest smartly.
 
That’s a great mindset! With $1K/month, you could start a small online business like a niche website, service-based venture, or e-commerce store and steadily grow it into a solid second income stream.
 
I save 1k USD each month from my salay, what do you think the types of businesses i can start/invest in with this money? I prefer to create a second stream of income (because i got time and motivation) than to invest in stocks or crypto. I'm okay with losing money in the initial months, untill business takes off.

Any suggestions?
Venture into online business like owning e-commerce website by using part of the money and use the remaining to buy shares in small companies cause $500 can't buy shares in big companies.

Regarding that online business, I could guide you cause I'm into the business too so I could share you some ideas.
 
I save 1k USD each month from my salay, what do you think the types of businesses i can start/invest in with this money? I prefer to create a second stream of income (because i got time and motivation) than to invest in stocks or crypto. I'm okay with losing money in the initial months, untill business takes off.

Any suggestions?
You can start any online business like a web hosting company , a proxy business , a content writing agency or more. The focus should be on developing a business model that is profitable from first month and then all you have to do is to scale it.
 
You should invest in index funds to get compounding returns over time
 
I save 1k USD each month from my salay, what do you think the types of businesses i can start/invest in with this money? I prefer to create a second stream of income (because i got time and motivation) than to invest in stocks or crypto. I'm okay with losing money in the initial months, untill business takes off.

Any suggestions?
Start a food truck. You can make huge money with it. Only thing required is exceptional tasty food there.
 
i m currently earning 1k-1.5k as well but am gonna explore in more fields related to my work as my network is strong
 
Save them. Take a mortgage and pay the deposit with your savings. Having a roof will help you to make great business decision.
 
Learn a skill. invest in yourself , stop and meditate for 1h and answer this question " What i love to do ? " if you can answer this question and if you can do it go for it , if you cant see if you can invest that 1000$ into a skill that can help you do this and go from there , start small dont quite !
 
When it is stock/crypto, you are in danger, I don't think crypto is good place for invest, Better you can look some trusted HYIP investment which will give you capital back after certain month or year.
 
Start with what you know, and what skills you have. Search more about these, and dig even deeper. Invest on courses if you see that you need them and then start. It's all about the "START".

There are many things you can invest 1000$ per month, but it's up to you. so let me ask you a question: What skills you have? what things you love doing? what something in the internet that you're interested in more than anything else. The answer to these questions is the answer of your question
 
I save 1k USD each month from my salay, what do you think the types of businesses i can start/invest in with this money? I prefer to create a second stream of income (because i got time and motivation) than to invest in stocks or crypto. I'm okay with losing money in the initial months, untill business takes off.

Any suggestions?
Learn Forex Trading, buy a $50K Funded Account then you'll be making that $1K per minimum trade in 1 day, in a month you'll now be making atleast $10K
 
WHERE DO YOU LIVE ?

Without this information it is IMPOSSIBLE to decide your financial plans

STOP thinking technology

START thinking solutions

Please advise

Sincerely,

The Eye
 
You need to invest in yourself.

Buy a course, learn how to build a business, learn how to invest, and so on. If you were smart enough, you wouldn’t be asking this kind of question.
 
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