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Give me Ideas to invest $5K for a steady income

Discussion in 'Making Money' started by 'SEO', Oct 6, 2016.

  1. 'SEO'

    'SEO' Regular Member

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    I have that much spare money to invest in something serious. I have couple of ideas already in mind, like starting an email ad business or get something developed like a Wordpress plugin or a theme.
    My motive for this is to built something to provide a steady income to run monthly expenses like kitchen and utilities for my family.
    Give me your expert advises please. If anyone of you want to have a closed discussion with me, PM please.
    I want to start a healthy and serious talk here.

    Thanks guys and gals.
     
  2. Lunaaa

    Lunaaa Jr. VIP Jr. VIP

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    Investments aren't steady. Or jobs can be steady but not always. There's a big chance that you won't succeed and you will lose all that money. But there's also a chance you will make thousands a month for years.

    I would create some sort of offline company offering a service
     
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  3. d3sign3r

    d3sign3r Registered Member

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    I'd pay Flippa a visit.

    I often come across WP Plugins / websites listed for sale on there that can be managed with little to no effort / time and are already generating decent money for months!

    Cheers
     
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  4. i_code

    i_code Registered Member

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    Yea flippa is a good start.Also check out a few journey threads,Theres some great info there.
     
  5. AlienHead

    AlienHead BANNED BANNED

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    THHIIS PLEASE LISTEN TO THAT, OFFLINE COMPANY

    BUT THEN YOU CAN ALSO ADVERTISE ONLINE TOO
     
  6. nimajneb

    nimajneb Newbie

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    How do you know what to look / avoid being ripped off? Like when someone says they have a "turn key site" it kind of puts me off, if it was really on autopilot why would they be selling it...
     
  7. knowing25

    knowing25 Elite Member

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    You can build authority site, ecommerce site, etc
     
  8. uncutu

    uncutu Supreme Member

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    Why keep a site to yourself for 1 year to get 5k, when you can sell and get 5k all at once? That's the logic.
    Check out the site flipping board, it probably contains stuff to look out for. http://www.blackhatworld.com/forums/site-flipping.141/
    If it were me I would stay away from Flippa. 5k is alright budget to enter PPC ads.
    Just remember if it sounds too good to be true, it is.
     
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  9. alwaysjwalker

    alwaysjwalker BANNED BANNED

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    Get a cpa campaign going.. If done right you can turn that $5k into $20k+... Repeat.
     
  10. studentbasecamp

    studentbasecamp Newbie

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    WoW what an advice.

    First, don't go to flippa unless you know what you bidding on, there are too many scamming going that you wouldn't know what hit you.

    Find something you interested in or get a kool idea to put ur money in .

    I don't think 5k is big money when it come to investment, i would only let someone close to get in with such an amount on a business with me
     
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  11. growsocialworld

    growsocialworld Junior Member

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    You can invest in building some sites and promote on google to get passive income from it...
     
  12. seoheroo

    seoheroo Junior Member

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    Have you invested in the past and made money? If not, don't do the 5k investment in 1 hit.

    Break it into 10 or 20 different investments, so if you fail 1, you have more as backup. I suggest if you havn't succeeded in the past, then break the 5k into 50. So you do 5,000/50 = $100 to invest in per project. It sounds small, but you need to start off easy and grow it. If you dump 5k into 1 project, and you fail - it could be a big hit for you and make you feel bad and put you off in investing. If you do it in $100 lots, you wont feel so bad and you gain a lot of experience fast.

    Good luck to you.
     
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  13. 'SEO'

    'SEO' Regular Member

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    That's a big bro advice :)
    Thanks mate.
    I will keep your words in mind.
     
  14. W9go

    W9go Jr. VIP Jr. VIP Premium Member

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    i would not go for so small investments.
    divide it in maximum 5 and then you have a nice budget for 5 good pages.
    keep in mind you have to keep them alive as well so taking care of 50 projects is extremely time consuming.
     
  15. eMonetize

    eMonetize Regular Member

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    I've been monetizing data(email) using PPL offers for over 16 years. It's a highly scalable / sustainable business model and done right, it's very profitable.

    I acquire data because I'm building assets that I then own and can market to the users over and over for low cost. Compared to what most marketers so which is to pay for traffic, that often just ends up generating a bunch of click and can't market additional offers to them. Or they use some free traffic strategy that often wasn't worth the time it took to implement. Where I basically own the traffic and can generate it on demand.

    One note: I drive the traffic to PPL (pay per lead...lead generation) offers. This is because there is no credit card / purchase required. All a user has to do is fill out a form to complete an offer
    / generate a commission, so conversion rates are typically much higher than offers that require a sale to be made.

    I favor offers that have a make, get or save money angle / benefit to them. As they have overall performed best for me and tend to have the greatest mass appeal (will be of interest to very large general audience). So the potential to generate high volume exists.

    There are many good PPL offers that pay $20-$80 per lead that perform well. There are many other offers that pay more or less. However, the payout is not the most important factor. You also have to look at the conversion rate. You could have an offer that pays $8-$9 and if it is converting at 2X+ that of a $20 offer, then they will perform about the same. You could have an offer that pays $90-$100 and if it converts poorly, it may not even be worth running.

    Some verticals I have done very well with are: insurance, education, debt, credit, mortgage, loans, homeowner offers, etc...

    As for the data that I acquire...

    I purchase fresh / targeted data in that I know what the users are interested in and that there is a PPL offer that matches their interest.

    I generate real-time co-reg data that targets specific PPL offers.

    I buy aged and domain targeted data, but this is a bit more complex and requires special tools / resources to do profitably.

    Last, but not least. I get fresh/targeted rev-share data. Which is data that has $0 upfront cost and then I split the revenue generated with the list owners.

    In case you are wondering, none of this has amything to do with spamming. All the data I get, all the users have provided permission to receive 3rd party messages, so it is completely can-spam compliant. Also, with co-reg, that data is very similar to opt-in, as the users are requesting more information directly from me.

    I will say that 3rd party data will rarely be as respinsive as highly targeted opt-in lists that you develop on your own. So to compensate for this, you have to work with volume. Which is fine, as it is much faster and cheaper to acquire data, than building your own list.

    The real key to making it work is to always be segmenting your opens / clickers and regularly remove the unresponsive users. This way you are then building smaller, but very responsive lists, so that later on you will be able to send less and make more with each mailing. Basically, you are converting the data from quantity to quality.

    Essentially I am monetizing data using PPL offers, because they offer the path of least resistance to generating conversions (since they are free / nothing to buy) and converts the data into cash producing assets.

    There is obviously a lot more that goes into it, but it really does work. Everyone that I know that is in the business and knows what they are doing, does 6-7 figures. While that is a huge range, much comes down to ones ability to scale and effectively manage the infrastructure that comes with scaling.

    Something to think about.
     
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  16. se900se

    se900se Jr. VIP Jr. VIP

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    traffic arbitrage?
    i started with much smaller amount, but really, on bhw you can find 1000 ideas
     
  17. seoheroo

    seoheroo Junior Member

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    You DONT do 50 different projects. You break it down into $100 lots and test and trial and error. You do one at a time and see what works, and what doesnt. The ones that work, you repeat it over and over and automate it and scale it up. Once done, you move onto the next one. You increase the investment size as you increase your skill levels and income success. I hope that helps.

    PS The $100 is just a number. You can change it to anything you feel comfortable with. How do you feel comfortable? Do this test - If you fail it, will it hurt you emotionally and financially? If yes, make it smaller until you think that loss is just another loss and a learning lesson.
     
  18. alwaysjwalker

    alwaysjwalker BANNED BANNED

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    $20 - $80 PPL offers? Where... Would love those offer has we build list with 1000's within days. PM me :)
     
  19. redarrow

    redarrow Elite Member

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    dropshop is massive these days , if done right 12x the stake.

    i just finish programming something special automated.

    facebook
    twitter
    linkin
    pintreast
    stubleupon
    snapchat
    what app

    all above the traffic all auto for every niche and any nich.

    added
    paypal

    and a deal with payoneer

    dropshipping massive.
     
  20. Cratos

    Cratos Jr. VIP Jr. VIP Premium Member

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    two words: Savings account.
     
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