Long story short, I did a ton of reading on AM a couple years back and never decided to do anything with it, because I had no start-up cash to make it a bit easier. Now, I have about 5 grand put away to invest into it. Problem is, now I have no idea what's popular or what is a solid method and/or programs to use if you have a decent amount of start-up cash. I realize $5,000 probably isn't a lot to some of you, but it's a good amount to save up for blue collar folk.
In any case, without rambling any longer, my question is this; What is the safest bet to invest my 5k into as to maximize my ROI? I'm not looking to make $1,000/day, I'm realistic... but at the same time, I am definitely not looking to lose money, so where would be a good place to start? I'm open to all ideas, and all of them will be greatly appreciated.
Thanks,
Stephanie
You'll probably get a lot of abusive responses, but I've heard worse first posts and it is the Christmas holidays
First up, there's no "safe" way to invest online. If losing that $5k is going to bankrupt you, then I'd advise you to stick to the 9-5 and forget it.
I also wouldn't even consider investing $5k all in one go, as you'll most probably lose it all (I'm speaking from experience). You do have a lot of options with that much cash, but it's very easy to burn through it if you don't know what you are doing.
I would take $500 and get yourself a decent setup. The safest way to go is probably whitehat sites earning with Adsense/Cpa/Amazon. These won't make you millions overnight, but are quite safe and should grow into a nice income stream. Put the $4500 in a savings account until you need to scale up.
I'm not a big fan of tools (in fact, the only one I own is Scrapebox) so I would just spend it on good old fashioned domains and hosting.
Get yourself a shared hosting account over at Hostgator (there are others, but I still use them for some of my WH sites) and then you have a choice:
- Build your own sites from scratch
- Pay someone to build your sites
- Buy something established
If you want some tips on buying sites, then head over to the site flipping section. My post here should be a good start:
http://www.blackhatworld.com/blackhat-seo/site-flipping/171475-site-flipping-101-a.html
If you want to outsource sites and get them built, check out the services section here. Macdonjo has a thread going and his micro-niche sites are pretty good
If you want to build them from scratch, then have a browse of the forum and learn keyword research, some basic HTML/php, Adsense optimisation and basic SEO.
$500 should get you a few semi-established sites, about 10 micro-niche sites or 50 sites if you make them yourself. I'd also recommend Scrapebox - it's a pretty handy noob-friendly SEO tool.
Hopefully that makes sense, it's quite late here so I probably started rambling so let me know if you have questions
