1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

$50 to invest, which route is the best for a noobie?

Discussion in 'Making Money' started by Beat Drop, Jan 9, 2015.

  1. Beat Drop

    Beat Drop Newbie

    Joined:
    Oct 2, 2013
    Messages:
    25
    Likes Received:
    1
    I've been on BHW for a few days just reading about everything. At the moment Im working fiverr gigs to make some cash on the side but $4/day isn't much. I have student loans to pay off :(


    Ive seen a lot of these guides are very old and Im just scared Im going to waste this last bit of cash on something stupid or goof up and pull a noobie mistake.

    What would you do to earn some extra income? (I signed up to a few places to write articles and freelance some writing but so far no one has hired me. I can also learn code through code academy but im not sure how i can free lance it).

    Sorry for such a noobie post, but any help would be lovely. Thanks in advance :)
     
  2. Maruenno

    Maruenno Newbie

    Joined:
    Dec 5, 2014
    Messages:
    43
    Likes Received:
    8
    They'll come and tell you the domain & hosting method .. and the rest of buck to buy a redbull and read the forums.
     
  3. TayaX

    TayaX Jr. VIP Jr. VIP

    Joined:
    Dec 13, 2010
    Messages:
    3,455
    Likes Received:
    1,931
    Occupation:
    Skype : TayaxBHW
    Location:
    France
    Home Page:
    ($0 + knowledge) > ($1000 + no idea of what you're doing).
    It's a simple equation, but it's the absolute truth in IM. I could guide you a method that has been proven money making method, but it will take you years to master it and see some income. So what do you have to do really ? >>> Read <<<

    As simple as it can sound, after 10 years in IM, a high number of failed attempt at "secret money making methods", I've learned that every possible method will bring you money if you put TIME in it. TIME is the only variable that you can't beat. You cannot buy time with money, and it's the same in IM. Use your time to get knowledge. So get a little bit of patience and master one technique. It could take you only one month to understand and one month to try it out, but during these 2 months, you have to be ready to work hard, not give up, all for no income.

    Another equation (I love this shit).

    INCOME = TIME x KNOWLEDGE x (1+INVESTMENT)
    For TIME = 0, INCOME = 0
    For KNOWLEDGE = 0, INCOME = 0

    But as you can see, the more time you'll spend, and the more knowledge you'll have, the more income you'll get.
     
    • Thanks Thanks x 7
  4. msuper28

    msuper28 Power Member

    Joined:
    Dec 10, 2009
    Messages:
    613
    Likes Received:
    73
    tayaX is right, you need to invest your time to get knowledge and in the long run you'll get money! Here's my favourite article (not spam and not mine lol) on how to make money online by bold and determinated blog:

    http://boldanddetermined.com/2011/12/31/the-no-bullshit-guide-to-making-money-online/

    Very useful for who is starting to make money online. However with about 50-100$ you'll be able to buy your first domain+hosting and start a blog/business. Keep reading new things every day.
     
  5. wickedwebmaster

    wickedwebmaster Newbie

    Joined:
    Dec 1, 2008
    Messages:
    28
    Likes Received:
    32
    Sell Chinese knockoffs on eBay...
     
    • Thanks Thanks x 1
  6. Beat Drop

    Beat Drop Newbie

    Joined:
    Oct 2, 2013
    Messages:
    25
    Likes Received:
    1
    Yeah I am reading every day and am aware of the master one route, was just curious as to whats the easiest thing to do just to get started?

    Tho there are quite a few posts which send up some red flags in me...
     
  7. Brad100

    Brad100 Supreme Member

    Joined:
    Nov 9, 2014
    Messages:
    1,348
    Likes Received:
    966
    Gender:
    Male
    Buy a domain from 1and1, takes one day to setup. Get hosting from hostgator, use promo code 1PENNY and you'll get it for $0.01 first month. Then do a bit of keyword research, or pay ramanan or someone here $6-$10 to get you some good keywords. Then build a site and write good content and do decent on-page SEO. And now buy one Bing Ads accounts for $15 from the marketplace.

    The $15 worth of bing acc would have $100 loaded in it, that would be enough for you to get about 300-350 clicks if you know what you're doing. And if you're promoting a clickbank/amazon product, if out of those 350 people, only 10 buy it, your investments should be back and you'd be in profit. Don't sit around, take action.

    TOTAL COSTS:
    domain : $0.99 per year from 1and1.com
    hosting : $0.01 first month.
    keywords: $6-$10 (Optional)
    Bing Ads: $15

    total: $16, or $22-$26 if you buy keywords. And you can get this back with one clickbank sale.
     
    • Thanks Thanks x 3
    Last edited: Jan 10, 2015
  8. brazil1996

    brazil1996 Newbie

    Joined:
    Oct 26, 2014
    Messages:
    16
    Likes Received:
    3
    1. Find a niche
    2. Stick to it, don't switch between niches to much
    3. Add much content to your niche website
    4. Get it to rank
    5. Add ads to your website
     
  9. MakavelliD

    MakavelliD Regular Member

    Joined:
    Dec 4, 2014
    Messages:
    207
    Likes Received:
    35
    You will get good ideas on BHW but I believe part of success is failure so it's better if you can test things, see how they work & learn from mistakes you have a much better chance of making profit in the long term.

    Otherwise with strictly only $50, how much time do you have? I think you would need could beg, borrow, or something else to gain more, then become an seo expert by reading good free info or from a friend. Then you need to do some keyword research, find a very good niche, create a blog using brads promo and fill it with your own content instead of paying a content writer, then try to climb the rankings in search engine to get free traffic and monetize the blog.

    But there are easier ways to get money than internet marketing... part time job ect
    How much money do you need? how quick? This area of work might not be the best option
    You could find part time work & use any spare cash to fund study and test methods to see if it works for you.
    There can be 1000 different methods and 1000 different ways to do them... not all work for anybody
    And I think many methods are too saturated.

    I'm probably not as experienced as the other answerers but I have a lot of experience getting out of tight situations with money. Like right now, i had my last $100, but luckily I managed to increase it alot
     
  10. MakavelliD

    MakavelliD Regular Member

    Joined:
    Dec 4, 2014
    Messages:
    207
    Likes Received:
    35
    What the hell................... I need an alcoholic beverage and some sleep .... once in a month
     
  11. race2go

    race2go Junior Member

    Joined:
    Oct 11, 2008
    Messages:
    139
    Likes Received:
    80
    Occupation:
    Just starting out in the self employed arena
    Location:
    USA
    Home Page:
    Hold on to your money for now and do more research here,in a quicker fashion I believe the right angle will come to you,it's all about patience and reading /research,good luck!
     
  12. satyawrat

    satyawrat Jr. VIP Jr. VIP

    Joined:
    Jul 8, 2009
    Messages:
    1,110
    Likes Received:
    1,386
    Occupation:
    Hustler
    Location:
    Gurgaon
    Home Page:
    If you are looking for the easiest route, you might get success in the short term, but will be frustrated with your long term goals.
    Just pick up anything, SEO, Social, anything. Read, experiment, read again. Don't invest. Just read and experiment.
    It might take you six months to make money this way, but it will be worth it in the long run.
    If you are serious about internet marketing, learn a server side language, it will push you ahead of the crowd.

    I have been putting off learning to code for almost two years, hopefully I will get it done this year. Lucky for me I have some very good programmers on my team so I didn't feel the handicap, but if you are a one man army, programming will set you apart from the wannabe marketers more quickly than anything else.
     
  13. S1lv3rdo7

    S1lv3rdo7 Regular Member

    Joined:
    Jul 17, 2010
    Messages:
    480
    Likes Received:
    318
    Occupation:
    Tech Support
    Location:
    Austin, TX
    Open your toilet and put the $50 in there and flush. Going into IM with that budget you might as well be doing it for free.

    Actually just send you $50 to me and it'll be the first money I ever make online. Thanks.
     
  14. AmateRasu

    AmateRasu Power Member

    Joined:
    Nov 12, 2013
    Messages:
    759
    Likes Received:
    426
    Location:
    Manila,Philippines
    LOL I was at the same exact situation like you 3 years ago :) Well I made my first $30 and I don't know how to invest it and I decided just to keep it and scale what i'm doing making money without investment :) it's possible you just have to read methods here
     
  15. Beat Drop

    Beat Drop Newbie

    Joined:
    Oct 2, 2013
    Messages:
    25
    Likes Received:
    1
    Which languages? I have time on my hands, currently doing fiver gigs making an avg of $10/day with fake girl accounts. Its not much but its raising my capital.

    Yeah I read the SEO guide and want to test out that route with the local businesses after making some ranked websites.

    I don't mind if the method works long term, I just want to find a way that wont waste my time or get outdated within a week. Goal is to Reach $30k so I can start daytrading penny stocks (Yeah I know they're mostly scams but the strategy i learned leverages that).

    Thanks for all the comments guys :)
     
  16. BLUNTGOD420

    BLUNTGOD420 Newbie

    Joined:
    Jul 29, 2014
    Messages:
    12
    Likes Received:
    0
    Occupation:
    Entrepreneur
    Buy a stolen cerdit card of the darknet.
     
  17. wizard04

    wizard04 Elite Member

    Joined:
    Apr 1, 2014
    Messages:
    2,698
    Likes Received:
    2,533
    Location:
    Outside your house
    Domain and one year hosting, the rest is up to your skills to make it happen.
     
  18. Paper-Boy

    Paper-Boy Elite Member

    Joined:
    Jun 17, 2009
    Messages:
    5,118
    Likes Received:
    1,823
    This is a good start but as someone who does PPC, you'll find that you'll need to invest a lot more that that even if you buy preloaded accounts.

    Plus if you're not tracking which keywords is converting for you then you're just wasting your money down the train.
     
  19. angelsquad

    angelsquad Newbie

    Joined:
    Mar 2, 2014
    Messages:
    12
    Likes Received:
    1
    dame b you got this down to the t thats whats up. hey i have the money time and a bit of experience but im only 17 and sometimes get stuck i can use somebody that i can just ask for help when i need it thanks also i got my families support i tell them that by the time im 25 i am going to be a millionaire i cant pm
     
  20. Beat Drop

    Beat Drop Newbie

    Joined:
    Oct 2, 2013
    Messages:
    25
    Likes Received:
    1
    How do you learn which keywords convert?

    Today started a amazon affiliate website with a friend, out plan is to make flyers and go to some highschools and colleges to get some traffic while i get some keywords and put up some reviews, and articles and offer some value on the website.