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

How to invest 1200$ per month?

Discussion in 'Making Money' started by absente, Aug 5, 2014.

  1. absente

    absente Newbie

    Joined:
    Aug 5, 2014
    Messages:
    9
    Likes Received:
    0
    Hi all,

    i am a new member here so please be gentle if I didn't post this into the right section or not at all BH related.

    I am making enough money with my real job and some online activities and have about 1200$ per month that
    I don't use, which I am putting in a bank. I was looking into several options on how to invest it, but there is
    nothing that really generates a nice ROI for me - I don't want to block it for more then a couple of months too.

    So basically I am looking for some kind of strategy where I invest every month 1K, and about 50% of the income,
    and putting the other 50% to the bank.

    Any suggestions?

    Best,

    George
     
  2. 2spoons

    2spoons Regular Member Premium Member

    Joined:
    Sep 9, 2013
    Messages:
    386
    Likes Received:
    168
    Occupation:
    Internet Marketer and Coach
    Location:
    UK
    Home Page:
    Hi George welcome to the forum. Check out what Becker says on Source Wave. He talks about EXACTLY what he would if he were in your shoes.

    You are in a good position because you already have a solid income stream. Most people who come on here have nothing to spend and want to earn thousands every month!
     
  3. absente

    absente Newbie

    Joined:
    Aug 5, 2014
    Messages:
    9
    Likes Received:
    0
    It took a lot of work to generate that stream, but like everything in life, nothing comes easy : )

    Could you point me to the particular thread / post of Becker you are talking about? He has a lot of information on his website.

    Thanks,
    George
     
  4. GringoMonkey

    GringoMonkey Regular Member

    Joined:
    Dec 26, 2013
    Messages:
    436
    Likes Received:
    174
    Hi,

    I don't know if you have read any threads on here about publishing on Amazon Kindle, but that enables you to create books and then generate a monthly income from the royalties.

    I am actually in a similar position to you, in that I have money to invest and I simply create more books to sell.
     
  5. vBakardzhiev

    vBakardzhiev Junior Member

    Joined:
    Jul 8, 2014
    Messages:
    144
    Likes Received:
    77
    Location:
    BHW
    I am in similar position.
    Got money to invest but can't decide on what....
     
  6. Cewgg

    Cewgg Regular Member

    Joined:
    Mar 16, 2012
    Messages:
    236
    Likes Received:
    151
    Hey, George. You said that you are making money with online activities, right? Is it possible to outsource that? If yes, outsource that to other people and let them do the work for you, while making even more cash.
     
  7. Paranoid Android

    Paranoid Android Jr. VIP Jr. VIP Premium Member

    Joined:
    Jun 20, 2010
    Messages:
    1,459
    Likes Received:
    2,221
    Gender:
    Male
    Occupation:
    Pantie Thief
    Location:
    Native America
    Buy a nice house and pay mortgate?
     
  8. ziplack

    ziplack Senior Member

    Joined:
    Feb 18, 2010
    Messages:
    1,193
    Likes Received:
    603
    Location:
    BHW
    go to a casino and ALL ON RED!
     
  9. blackpackets

    blackpackets Jr. VIP Jr. VIP Premium Member

    Joined:
    Oct 27, 2008
    Messages:
    309
    Likes Received:
    60
    Location:
    Skype
    Home Page:
    Perhaps invest time learning Design Coding or SEO and offer services to others looking for online opportunities.
     
  10. lucia pavelkova

    lucia pavelkova Junior Member

    Joined:
    Jul 23, 2014
    Messages:
    115
    Likes Received:
    8
    Occupation:
    SEO
    Location:
    Prague/Bali
    May learn more about IM, make money investing almost nothing. when you are confident on IM you can invest all your $1200.
     
  11. 2spoons

    2spoons Regular Member Premium Member

    Joined:
    Sep 9, 2013
    Messages:
    386
    Likes Received:
    168
    Occupation:
    Internet Marketer and Coach
    Location:
    UK
    Home Page:
    I was on my ipad yesterday but now I'm back on pc here's that link to Beckers video;

    https://www.youtube.com/watch?v=87rw6Jgje0I

    I think he talks a lot of sense in this video. He basically outlines a strategy to build a $1million business. It will take a lot of time, some selling and $500 to get started so if you can cover those off then you're on your way!

    One thing I certainly wouldn't do is invest your money in an autopilot scheme (scam) or similar. Build a business plan and use you money to help you get to your end goal faster. Best of luck buddy
     
  12. DrWumbo

    DrWumbo Newbie

    Joined:
    Sep 2, 2013
    Messages:
    16
    Likes Received:
    1
    Been looking for this exact thing, going to check it out!
     
  13. Basenix Group LLC

    Basenix Group LLC Regular Member Premium Member

    Joined:
    May 7, 2014
    Messages:
    235
    Likes Received:
    23
    Occupation:
    We make people earn money.
    Location:
    United States
    Invest in anything that can make you get a passive income with that money. Try AdSense sites, Affiliates sites or any CPA based site.
     
  14. cryptons

    cryptons Jr. VIP Jr. VIP Premium Member

    Joined:
    Jun 12, 2013
    Messages:
    1,223
    Likes Received:
    447
    Occupation:
    Developer,social marketer
  15. supportnhelp

    supportnhelp Regular Member

    Joined:
    Mar 1, 2012
    Messages:
    367
    Likes Received:
    75
    Home Page:
    its not like u invest $1000 and earn $1500. its about to crack the code. then u can earning $10000+ with $1000 investment. get into some thing and scale it. browse the forum and learn, u know what interest u most.
     
  16. palarieneagra

    palarieneagra Registered Member

    Joined:
    Mar 11, 2008
    Messages:
    57
    Likes Received:
    21
    If you don't want to spend time researching authority sites, seo, backlinks, various blackhat tactics and want to be in control of your money and business, I recommend creating books for Kindle.
    You need to:
    1. read the Kindle threads here on BHW
    2. join some freelancer sites to outsource the ebooks (oDesk, freelancer, elance, etc)
    3. think about various plots for romance books, 10-20 phrases for each book.
    4. post projects on the freelance websites asking for writers that can:
    - write in English
    - write a romance novel following your plot (from point 3 above)
    - write them cheap (anywhere between 30 USD and 50 USD per 1 book, less for series).
    5. wait for writers to contact you after you post the projects. DO NOT hire someone right away. Talk to them. Ask samples. Chat with them to see how they actually write. Tell them that you WILL check all work they do for quality and originality (NO plagiarisms, no PLR, no spinned content).
    6. hire 1-2 writers, see how they do. Rinse and repeat 3-5.
    7. publish the books using Kindle Direct Publishing. Enroll them in KDP Select. Use the free promotion for 1 day, join review exchange groups (some folks here, me included do that), get verified reviews (1-3 reviews for every 200 free downloads, don't over do it). If the free downloads don't go over 200 downloads, let the promotion for the full 5 days.
    8. Repeat until you get a system going.


    Advantages:

    1. you are in control of your money at all times.
    2. the freelancer sites have a nice escrow system, if you ASK for good books and they don't deliver, you simply don't release the payment.
    3. no coding, no extra skills other than asking the right thing from your writers is required.
    4. don't risk getting tricked by a partner that promises you to invest your money. You work with Amazon and serious outsourcing businesses.
    5. you publish the book once and even at 2-3 sales per month per book, if you have enough books, you can build a serious income stream.

    Disadvantages:
    1. takes a few months to get the money flow coming.
    2. you make lot less money than using other methods here.

    Disadvantages for all methods, Kindle included:
    Nobody will do the thinking in your place. You need to use common sense in everything you do. If something sounds too good to be true, it probably is.
    Also, don't buy stuff people recommend you through PMs.

    Best of luck and welcome to the forum!
     
  17. safex

    safex Jr. VIP Jr. VIP

    Joined:
    Dec 28, 2009
    Messages:
    3,433
    Likes Received:
    518
    Occupation:
    Search Engine Optimization
    Location:
    BLCVA.com
    Home Page:
    Try to read Methods and Give 2-3 Hours for any of Method for 1 Month. With 1200$ Investment you can Build Good Income source.
     
  18. qazar555

    qazar555 Newbie

    Joined:
    Oct 5, 2009
    Messages:
    22
    Likes Received:
    1
    I can help you to invest your money in good forex trader via Instaforex PAMM service. My income from this trader 20-25% monthly. My investment time: 1,5 years. My investment amount $1000.
     
  19. CyberAlien

    CyberAlien Regular Member

    Joined:
    Apr 14, 2010
    Messages:
    484
    Likes Received:
    231
    You can also lose it extremely fast by testing too many methods ;)