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Coming into some money

Discussion in 'Making Money' started by Hideout, Mar 12, 2014.

  1. Hideout

    Hideout Registered Member

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    Due to a family member passing away, I'm coming into a bit of money. Low 5 figures. I'm planning on taking about half of it to invest into IM. My initial plan is a few Clickbank niche site, using Mark Ling's Affiloblueprint. I've heard good things about it. Aside from that, does anyone have any decent ideas for good potential earners? I know a lot of people say Kindle is really hot if you can find good niches, but I'm not sure I know enough about that. I'll have to do more research before I invest in it.
     
  2. HelloInsomnia

    HelloInsomnia Jr. Executive VIP Jr. VIP Premium Member

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    I wouldn't rush to invest it so quickly. Make smart and meticulous moves. Get comfortable with something first before putting in serious money. If you run too fast too soon you will surely fall on your face. Good luck though.
     
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  3. RushingWind

    RushingWind Elite Member

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    It would be best if you waited and invested little by little into something you are doing and finding success with instead of investing into a new game you have no prior experience with.
     
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  4. provision

    provision Jr. VIP Jr. VIP Premium Member

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    Definitely agree with this. Don't just throw money into something you haven't already had success with, or you'll learn not to like I did the hard way :yo:
     
  5. Beven

    Beven Elite Member

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    If you're serious about IM I'd suggest experimenting with a lower budget first, then once you find something that works you have a big pot of money to use for scaling.
     
  6. Zoomer3690

    Zoomer3690 Regular Member

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    Half of a 5 figure amount? To me, it seems like a very big amount to invest in IM.
     
  7. ardley216

    ardley216 Elite Member

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    Occupation:
    Finding easy keywords
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    Spend $500 in the first 6 months, thats all you need to do to rank websites for good keywords:

    GSA SER
    GSA Captcha Breaker
    ScrapeBox
    Domains
    Hosting
    Proxies
    And maybe another software of your choice.



    GO! :)
     
  8. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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    Why do you wanna invest your money in crappy sites that will promote other people products?
     
  9. spider7

    spider7 Regular Member

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    True dat right here!

     
  10. JordanT3Leads

    JordanT3Leads Junior Member

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    Test, test, test and test. Don't bother paying for traffic if you haven't tested what converts on your site.
    You'll blow that money away quickly.
     
  11. Automation247

    Automation247 Regular Member

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    Occupation:
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    Great list but you forgot to add "buy a vps" ;)
     
  12. Hideout

    Hideout Registered Member

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    Well yeah, I wasnt planning on throwing like 8k into a project all at once. I was planning on setting aside a decent amount and investing it in little by little. I was just looking for a few suggestions. I plan on focusing on one project at a time, just having this money as a bankroll for any expenses I may need. I'm not necessarily throwing it all in.
     
  13. kaylanewett

    kaylanewett Power Member

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    Speaking from experience, invest most of it. DO NOT invest it into something you're not 100% sure that it will make your money back, plus a nice profit. I would spread the money out a little until you feel comfortable and confident on what you're going to be spending bigger bucks on.
     
  14. norm1388

    norm1388 Jr. VIP Jr. VIP Premium Member

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    Make your first investment your time in learning the tips and tricks BHW has to offer, i've been around a while am i'm just now starting to figure these things out that is if you want to play it safe. other wise jump right in.